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Business

McKesson: Fiscal 4Q Earnings Snapshot

SAN FRANCISCO (AP) _ McKesson Corp. (MCK) on Thursday reported a fiscal fourth-quarter loss of $1.15 billion, after reporting a profit in the same period a year earlier. On a per-share basis, the San Francisco-based company said it had a loss of $5.58. Earnings, adjusted for one-time gains and...


Business

Global stocks subdued as US mulls auto import tariffs

Japan Financial Markets

BANGKOK (AP) — World stock markets were subdued Thursday as carmakers’ shares fell after the Trump administration said it was investigating imposing new tariffs on imports of autos and auto parts. KEEPING SCORE: Germany’s DAX was flat at 12,975 and the CAC 40 in France rose 0.4 percent to 5,589....


Business

Macron wants to make France gateway to Europe for tech firms

France Tech Show

PARIS (AP) — French President Emmanuel Macron says his innovation policies aim to make France the gateway to Europe for tech companies. Speaking in English in front of CEOs and other leaders of the tech industry, Macron said “France is changing like crazy so that we can say that France is back and...


Business

Deutsche Bank to slash thousands of jobs to control costs

EU Deutsche Bank

FRANKFURT, Germany (AP) — Deutsche Bank is slashing thousands of jobs as Germany’s largest lender refocuses its global investment banking business on Europe and seeks to return to steady profitability. The bank said Thursday it would cut its workforce from 97,000 to “well below” 90,000 in order to...


Government

Trump: No immigration deal unless 'real wall,' good security

Trump

WASHINGTON (AP) — President Donald Trump says he opposes any immigration legislation that doesn’t include “a real wall” along the Mexican border and “very strong border security.” Moderates House Republicans are pushing a deal that could lead to citizenship for young “Dreamer” immigrants brought to...


Government

Dem, GOP leaders to get classified briefing on Russia probe

Trump Russia Probe

WASHINGTON (AP) — House and Senate lawmakers from both parties are set to meet with top intelligence officials Thursday as President Donald Trump raises new suspicions about the federal investigation into his 2016 campaign. Trump is calling his newest attempt at discrediting special counsel Robert...


Business

Best Buy: Fiscal 1Q Earnings Snapshot

Earns Best Buy

RICHFIELD, Minn. (AP) — Best Buy Co. (BBY) on Thursday reported fiscal first-quarter profit of $208 million. On a per-share basis, the Richfield, Minnesota-based company said it had profit of 72 cents. Earnings, adjusted for restructuring costs and pretax expenses, were 82 cents per share. The...


Business

Brady: Fiscal 3Q Earnings Snapshot

MILWAUKEE (AP) _ Brady Corp. (BRC) on Thursday reported fiscal third-quarter profit of $26 million. On a per-share basis, the Milwaukee-based company said it had net income of 49 cents. The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment...


Government

The Latest: Trump says Comey among 'rotten apples' in FBI

Trump Russia Probe

WASHINGTON (AP) — The Latest on President Donald Trump and the Russia investigation (all times local): 7:05 a.m. President Donald Trump says that the FBI is a “fantastic institution” but that “some of the people at the top were rotten apples.” He says, “James Comey was one of them.” In an interview...


Government

AP names Dustin Weaver as Congress news editor

WASHINGTON (AP) — The Associated Press on Thursday named Dustin Weaver as news editor overseeing coverage of Congress, a key leadership role in AP’s Washington bureau. Weaver’s appointment was announced by AP Washington bureau chief Julie Pace. “Dustin is a smart and savvy editor with a deep...


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