Samsung's 1Q profit slides on falling chip prices
Samsung Electronics Co. says its operating profit for the last quarter declined more than 60% from a year earlier because of falling chip prices and sluggish demands for its display panels.
Anadarko opens Occidental buyout talks; Chevron in the wings
Anadarko is resurrecting buyout talks with Occidental, setting up a bidding war with Chevron which has offered $33 billion for the energy company.
Boeing CEO defends safety record amid 2 deadly crashes
Boeing shareholders are meeting six months to the day since the first of two deadly crashes involving the company's 737 Max airliner and as new questions arise about the aerospace giant's handling of the crisis.
Sheriff seeks dismissal from lawsuit over anti-protest laws
A western South Dakota sheriff is seeking to be dismissed from a lawsuit challenging new state laws that target disruptive demonstrations by anti-oil pipeline activists.
Several US airlines hit by brief computer-related outage
At least three major U.S. airlines were briefly affected Monday by an outage at a technology provider that shut down ticketing and check-in online and at airport kiosks.
Toyota to begin producing Lexus NX in Canada in 2022
The decision comes as GM and Fiat Chrysler exit the region.
Illinois governor OKs first steps on blocking Asian carp
Illinois Gov. J.B. Pritzker says he is willing to take initial steps toward fortifying a lock-and-dam system on a Chicago-area waterway so it can protect Lake Michigan from invasive Asian carp.
Boeing CEO has no plans to resign, denies flaw in Max design after fatal crashes
CEO Dennis Muilenburg also serves as chairman of Boeing's board of directors.
Ethane storage seen as key to revitalization of Appalachia
Plans are underway in Appalachia to create two underground facilities to store ethane, a byproduct of natural gas drilling seen as integral to revitalizing a region still struggling from the loss of industrial and manufacturing jobs decades ago.
Scandinavian Airlines strike in 4th day, affecting thousands
A strike among pilots at Scandinavian Airlines has entered its fourth day with the carrier being forced to cancel 1,213 flights Monday and Tuesday, affecting some 110,000 passengers.
Southwest: Boeing didn't say it had deactivated safety alert
At issue is an alert that tells pilots if a sensor — called an "angle of attack" (AOA) indicator — is transmitting bad data about the pitch of a plane's nose.
SAS pilots strike means 1,200 more flights cancelled
Nearly 600 flights have been canceled and thousands of passengers stranded on the third day of a pilots strike at Scandinavian Airlines that the carrier estimates has affected some 170,000 passengers over the weekend.
Far from glitzy tech hubs, Chinese city bets big on VR
Enthusiasm for VR has cooled after years of hype, but China's leaders are trying to drum up excitement and take the lead in a technology they expect eventually will be used widely.
Search of Ukraine coal mine ends with blast death toll of 17
Officials in rebel-held eastern Ukraine say the death toll from a coal mine explosion is up to 17.
California towns at risk from fires often have few ways out
Californians got a deadly wakeup call when more than 27,000 Paradise residents trying to escape the Camp Fire got caught in a nightmare traffic jam.
Xi: China wants to expand sprawling infrastructure project
President Xi Jinping has called for more countries to join China's sprawling infrastructure-building initiative after he promised to improve standards in response to complaints about debt and other problems.
Business Highlights
___ Outlook for the US economy and stock market brightens WASHINGTON (AP) — The worries that hung ominously over the U.S. economy early this year appear to have lifted.
Exxon's 1Q profit tumbles 49% partly on higher spending
Exxon Mobil Corp. shares slipped in premarket trading Friday after the company posted disappointing results.
American expects $350 million hit from grounded Boeing plane
American Airlines Group Inc. on Friday reported first quarter earnings of $185 million.
Amazon to bring 1-day delivery to Prime members
Two-day delivery is going out of style.