Capital Gazette wins special Pulitzer Prize citation for coverage of newsroom shooting that killed five

National Business News

  • China's Huawei says 1Q sales up 39%

    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...

  • Tesla gears up for fully self-driving cars amid skepticism

    Tesla CEO Elon Musk appears poised to transform the company's electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years. The technology required to make that quantum leap is scheduled to be shown off to Tesla investors Monday at the company's...

  • New indictment expands case against Nissan ex-chair Ghosn

    Japanese prosecutors said Monday they have indicted Nissan 's former chairman Carlos Ghosn on fresh breach of trust charges that expand their allegations of financial misconduct outside Japan. After the indictment, Ghosn's lawyers filed a request for his release on bail, the Tokyo District Court...

  • World markets mixed, oil rises on Iran concerns

    World stock markets were mostly lower while oil prices surged for a second day Monday following reports Washington wants to block Iranian exports. Benchmarks in Shanghai and India sank while Tokyo and Seoul were little changed. London, Frankfurt, Hong Kong and Sydney were closed for holidays. On...

  • US won't renew sanctions waivers for importing Iranian oil

    The Trump administration on Monday told five nations — Japan, South Korea, Turkey, China and India — that they will no longer be exempt from U.S. sanctions if they continue to import oil from Iran. President Donald Trump has decided not to reissue the waivers when they expire on May 2, Secretary...

  • 'The Curse of La Llorona' reigns over weekend box office

    "The Curse of La Llorona" brought good fortune at the box office. The Warner Bros. horror film based on a Mexican legend about a woman who murdered her children and wanders the world looking for them brought in $26.5 million according to studio estimates Sunday, putting it in the top spot on its...

  • Collection of David Carr's writings coming in 2020

    Writings by the late David Carr, the revered author and journalist, are coming out in book form next year. Ta-Nehisi Coates, a friend whom Carr once mentored, is providing the introduction. Houghton Mifflin Harcourt announced Monday that "Final Draft: The Selected Work of David Carr" was scheduled...

  • Waikiki flood concerns spur push for Hawaii shore protection

    Hawaii's iconic Waikiki Beach could soon be underwater as rising sea levels caused by climate change overtake its white sand beaches and bustling city streets. Predicting Honolulu will start experiencing frequent flooding within the next 15 to 20 years, state lawmakers are trying to pass legislation...

  • Sri Lanka blocks social media after Easter Sunday bombings

    Sri Lankan authorities flicked the off switch on most social media after Easter Sunday attacks on churches and hotels killed hundreds of people, a dramatic reaction that reflects distrust in the capability of American internet companies to control harmful content. The block on social media including...

  • Homeless activists outside Notre Dame demand "a roof too"

    Dozens of public housing advocates protested outside the gutted Notre Dame in Paris Monday to demand that France's poorest be remembered after donors pledged $1 billion to rebuild the cathedral and its destroyed roof. Around 50 people from a French homeless association gathered with placards reading...

  • Yellow vest anger burns in France, fueled by Notre Dame fire

    French yellow vest protesters set fires Saturday along a march through Paris to drive home their message to a government they believe is ignoring the poor: that rebuilding the fire-ravaged Notre Dame Cathedral isn't the only problem France needs to solve. Like the high-visibility vests the protesters...

  • Liz Weston: How debt 'solutions' could dig you in deeper

    Americans are slipping ever deeper into hock. To cope, many people turn to debt consolidation loans, cash-out mortgage refinancing and retirement plan loans that promise relief but could leave them worse off. Paying off high-rate debt such as credit cards with lower-rate loans may seem like a no-brainer....

  • Corporate America embraces 420 as pot legalization grows

    Marijuana users have for decades celebrated their love of the drug on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it. No, Hallmark doesn't yet have a card to mark "420." But many other businesses...

  • US home construction slips 0.3% in March

    U.S. home construction slipped 0.3% in March, as housing starts are running below last year's pace in a sign that inventory could be a challenge for would-be buyers. The Commerce Department said Friday that ground breakings last month occurred at a seasonally adjusted annual rate of 1.14 million....

  • Ancestry pulls slavery-era ad after backlash

    Ancestry.com on Friday apologized for an ad that showed a mixed-race couple discussing escaping to the North during the Civil War era. The ad drew widespread criticism on social media for whitewashing slavery, prompting the DNA testing company to remove it from TV and its YouTube channel. Ancestry...

  • Homeless shelter, looming IPOs have San Francisco on edge

    San Francisco's renowned waterfront hosts joggers, admiring tourists and towering condos with impressive views. It could also become the site of a new homeless shelter for up to 200 people. Angry residents have packed public meetings, jeering at city officials and even shouting down Mayor London...

  • Sri Lanka blocks social media after Easter Sunday bombings

    Sri Lankan authorities blocked most social media after Easter Sunday attacks killed more than 200 people, with officials saying the temporary move was meant to curtail the spread of false information and ease tensions. The NetBlocks observatory said it detected an intentional blackout of popular...

  • Toyota, SoftBank fund, Denso invest $1 billion in Uber

    Japan's top automaker Toyota , auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber 's technology unit. The Japanese companies said Friday that Toyota Motor Corp. and Denso Corp. will together invest $667 million and SoftBank Corp.'s...

  • How many cherries in frozen pie? FDA may soon drop rules

    President Donald Trump may soon be able to claim a sweet victory for his deregulation push, with officials preparing to get rid of the decades-old rules for frozen cherry pies. Emails show the Food and Drug Administration planned to start the process for revoking the standard for frozen cherry...

  • Quest for food stamp data lands newspaper at Supreme Court

    In the summer of 2010, reporters at South Dakota's Argus Leader newspaper decided to request data about the government's food assistance program, previously known as food stamps . They thought the information could lead to a series of stories and potentially help them identify fraud in the now...

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