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Japan's economy expanded for 2nd straight quarter
TOKYO (AP) — The Japanese government says the economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansion.The Cabinet Office said Monday seasonally adjusted real gross domestic product, the total value of a nation's goods and services, grew 0.5% in the January-March period from the previous quarter.
The annual pace shows how much GDP would have grown if that pace had continued for the year.
Healthy public investment and private residential investment helped boost growth during the quarter, according to... Read More
UAE energy minister hints at support for oil production cuts
JIDDAH, Saudi Arabia (AP) — The United Arab Emirates' energy minister said Sunday he does not think oil producing nations should relax the production cuts currently in place.Suhail al-Mazrouei spoke to reporters on the sidelines of a meeting in Saudi Arabia of the world's major oil producers. His comments suggested there's support within the OPEC oil cartel to extend the 1.2 million barrels a day cut in place since January.
"I don't think, as the UAE, that today from the market conditions that we are seeing that relaxing the cut is the right measure," he said.
No more Mr Europe: Macron forced to curb EU ambitions
PARIS (AP) — French President Emmanuel Macron sees himself as Europe's savior, and this week's European Parliament elections as a make-or-break moment for the beleaguered European Union.But Macron is no longer the fresh-faced force who marched into a surprising presidential victory to the rhythm of the EU anthem two years ago. His pro-Europe vision has collided with national interests across the continent. And at home, his pro-business policies have given rise to France's raucous yellow vest uprising.
Macron wanted the May 23-26 European Parliament elections to... Read More
Pot 'legalization 2.0': Social equity becomes a key question
NEW YORK (AP) — Advocates for legalizing marijuana have long argued it would strike a blow for social justice after a decades-long drug war that disproportionately targeted minority and poor communities.But social equity has been both a sticking point and selling point this year in New York and New Jersey, among other states weighing whether to join the 10 that allow recreational use of pot.
Complicating the law-making process, sometimes even among supporters, are questions about how best to erase marijuana convictions and ensure that people who were arrested for... Read More
'John Wick 3' dethrones 'Avengers: Endgame' with $57 million
LOS ANGELES (AP) — The box office has a new king and his name is John Wick. The third installment of the hyper violent Keanu Reeves franchise has taken the top spot at the North American box office and ended the three-week reign of "Avengers: Endgame."Studios on Sunday say "John Wick: Chapter 3 — Parabellum" has grossed an estimated $57 million in its opening weekend. Not only did it far exceed expectations, it's a franchise best that nearly doubled the opening of the second film, which itself doubled the opening of the first film from 2014.
The audience,... Read More
Top Stories in Business/Finance
- Japan's economy expanded for 2nd straight quarter
- UAE energy minister hints at support for oil production cuts
- No more Mr Europe: Macron forced to curb EU ambitions
- Pot 'legalization 2.0': Social equity becomes a key question
- 'John Wick 3' dethrones 'Avengers: Endgame' with $57 million
- APNewsBreak: Schumer calls for probe of Chinese rail tech
- Tribes, environmentalists battle copper mine in Arizona
- UK leader promises a 'bold offer' on Brexit deal
- Sikhs say Nordstrom apologized for turban, waiting for Gucci
- US: Iran military could misidentify airliners amid tension
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