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Tesla profits rose in the first quarter after a tough year for its car business

NEW YORK (AP) - Tesla's profit rose in the first quarter as its car sales rebounded from a sharp slump in 2025. The electric vehicle maker said it earned $477 million in the quarter, up 17% from a year ago. Earnings per share totaled ...
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US stocks rise toward more records while Brent oil tops $100 on uncertainty about the Iran war

NEW YORK (AP) - The U.S. stock market is rising toward more records Wednesday after GE Vernova, Boston Scientific and other big companies joined the list of those reporting fatter profits for the start of the year than analysts expected. But caution is still ...
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SpaceX says it can buy AI coding tool Cursor for $60B later this year

SAN FRANCISCO (AP) - SpaceX says it has the rights to buy artificial intelligence coding tool Cursor for $60 billion later this year as Elon Musk's space exploration and AI company looks for ways to compete with rivals Anthropic and OpenAI ahead of a ...
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UK inflation rises in March as prices at the pump spike higher after Iran war

LONDON (AP) - Inflation in the U.K. climbed in March after a sharp jump in prices at the pump in the wake of the disruption to energy supplies caused by the Iran war, official figures showed Wednesday. The Office for National Statistics said the annual ...
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Japan records 5th straight fiscal year of trade deficits as Trump’s tariffs hit auto exports

TOKYO (AP) - Japan's trade deficit was 1.7 trillion yen ($10.7 billion) in the fiscal year that ended in March, the government said Wednesday, the fifth straight fiscal year of deficits. Exports rose 4% from the previous year, while imports inched up just 0.5%, the ...
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The AP Interview: Cyprus president says EU needs a clear playbook on helping members under attack

NICOSIA, Cyprus (AP) - European Union leaders meeting in Cyprus need to start preparing a playbook on what should happen if an EU country under attack puts out a call for help from bloc partners, the president of Cyprus said. In an exclusive interview with ...
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New York sues Coinbase and Gemini, seeking to halt unlicensed prediction market businesses

NEW YORK (AP) - New York is suing Coinbase and Gemini over unregulated and unlicensed prediction market platforms that the state contends are illegal gambling operations. Attorney General Letitia James' lawsuit, filed Tuesday in state court in Manhattan, seeks to bar the companies' platforms from ...
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GM delays next-gen EV truck program, Crain’s Detroit reports

DETROIT, April 21 (Reuters) - General Motors is indefinitely delaying its next-generation full-size electric truck program, including the GMC Sierra and Chevrolet Silverado, which was set to start in 2028, Crain's Detroit Business reported on Tuesday, citing sources. GM was planning for lower-cost new electric ...
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Trump’s Federal Reserve chair nominee Kevin Warsh to testify before Congress amid Powell probe

(WASHINGTON) -- President Donald Trump's selection to chair the Federal Reserve, Kevin Warsh, will testify in a Senate confirmation hearing on Tuesday as his nomination faces bipartisan opposition centered on a federal criminal investigation into the central bank's current leader.The probe into Fed Chair ...
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After facing the death of its dominant newspaper, Pittsburgh’s media has a surprising turnaround

PITTSBURGH (AP) - In the space of a couple of weeks this spring, Pittsburgh media has lived through a near-death experience and a resurrection. Owners of the Pittsburgh Post-Gazette last week announced the newspaper's sale to a nonprofit foundation that said it was committed to ...
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Tim Cook will step down as Apple CEO and hand reins over to the iPhone maker’s hardware leader

Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a 15-year reign that saw the company's market value soar by more than $3.6 trillion during an iPhone-fueled era of prosperity. Cook, 65, will turn the ...
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The Onion launches new bid to take over Alex Jones’ Infowars and turn it into a parody platform

The satirical news outlet The Onion is back with a new plan to take over the Infowars platforms of conspiracy theorist Alex Jones as his company faces liquidation over more than $1 billion in defamation judgments owed to relatives of victims of the Sandy ...
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