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MONEY NEWS FROM THE ASSOCIATED PRESS

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  • The Latest: Court says Nissan ex-chair Ghosn seeking bail

    TOKYO (AP) — The Latest on the Nissan Motor Co.’s former chairman, Carlos Ghosn, who is facing financial misconduct charges (all times local): 4 p.m. The Tokyo District Court says that lawyers for Nissan’s former chairman Carlos Ghosn have requested his release on bail. The request followed Ghosn’s indictment Monday on fresh breach of trust […]
  • Asian markets lower, oil rises on Iran concerns

    BEIJING (AP) — Asian stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to block Iranian exports. Tokyo’s benchmark edged up while Shanghai, Seoul and India retreated. Hong Kong and Sydney were closed for the holiday. On Wall Street, the benchmark Standard & Poor’s 500 index […]
  • This Week: US home sales, Tesla earns, Amazon earns

    A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BELLWETHER Economists project that sales of previously occupied homes declined in March from a month earlier. U.S. home sales surged 11.8% in February, aided by accelerating wages and falling mortgage rates, a combination that’s helped improve affordability. The […]
  • New indictment expands case against Nissan ex-chair Ghosn

    TOKYO (AP) — Japanese prosecutors said Monday they have indicted Nissan’s former chairman Carlos Ghosn with additional charges of breach of trust, with his alleged misconduct expanding outside Japan. The indictment was followed by a request from Ghosn’s lawyers for his release on bail, the Tokyo District Court said. The charges filed Monday are his […]
  • China’s Huawei says 1Q sales up 39%

    BEIJING (AP) — Chinese tech giant Huawei said Monday its revenue rose 39% over a year earlier in the latest quarter despite U.S. pressure on allies to shun its telecom technology as a security risk. Huawei, the biggest global maker of network equipment for phone and internet companies, on Monday reported revenue of 179.7 billion […]
  • Asian markets mixed in post-Easter trading

    BEIJING (AP) — Asian stock markets were mixed Monday following the Easter holiday weekend as investors looked ahead to U.S. and Japanese economic data. Benchmarks in Tokyo and Seoul gained while Shanghai retreated. Hong Kong and Sydney were closed for the holiday. On Wall Street, the benchmark Standard & Poor’s 500 index ended a shortened […]
  • Making sense of college financial aid letters

    Congratulations – you are considering college! But first, paying for it: Students who applied for financial aid through the Free Application for Federal Student Aid, or FAFSA, should be receiving their award letters right about now. Different schools have different names for these letters: financial aid offer, merit letter, award letter or financial aid package. […]
  • AIG leader talks about longevity and retirement

    Kevin Hogan is chief executive of insurer AIG’s Life & Retirement division, where he oversees the firm’s individual retirement, life insurance business and more. He recently spoke with The Associated Press about longevity, financial anxiety and other issues surrounding retirement in the U.S. The conversation was edited for length and clarity. Q. AIG recently conducted […]
  • Business Highlights

    ___ Once-counterculture 420 marijuana holiday goes mainstream LOS ANGELES (AP) — Businesses inside and outside the multibillion-dollar marijuana industry are embracing the once-counterculture four-twenty holiday. Potheads have for decades celebrated their love of cannabis on April 20. But the annual celebration that was all about getting stoned is now so mainstream that Corporate America is […]
  • Panel to review approval of Boeing 737 Max flight controls

    CHICAGO (AP) — A global team of experts next week will begin reviewing how the Boeing 737 Max’s flight control system was approved by the U.S. Federal Aviation Administration. The FAA says experts from nine international civil aviation authorities have confirmed participation in a technical review promised by the agency. Former National Transportation Safety Board […]