Higher US gas prices sparked modest inflation in March

FILE - In this April 6, 2015 file photo, a vehicle is refueled at a gas station in New Orleans. Rising gas prices in March led to a slight increase in inflation, a sign that some of the broader economic impact from cheaper oil is fading. The Labor Department says the consumer price index rose 0.2 percent in March. Inflation moved at that same pace in February, which ended three straight monthly declines caused largely by falling oil and gasoline prices. (AP Photo/Gerald Herbert)

WASHINGTON (AP) — Higher-priced gasoline slightly boosted consumer prices in March, a sign that some of the effects of cheaper oil are fading and that inflation may be edging up to healthier levels.

Volkswagen board leaders back CEO Winterkorn after struggle

FILE - In this March 12, 2015 file picture Volkswagen CEO Martin Winterkorn poses for the media beside a GTE concept car prior to the company's annual press conference in Berlin, Germany. German media report that the supervisory board of Volkswagen is meeting Thursday April 16, 2015 following a public spat within the carmakers top leadership. News agency dpa reported, without citing sources, that the extraordinary meeting was called to discuss the row between board chairman Ferdinand Piech and CEO Martin Winterkorn. (AP Photo/Michael Sohn,file)

BERLIN (AP) — Volkswagen CEO Martin Winterkorn will remain in his job and can look forward to having his contract extended, the leadership of the board said Friday, after a comment by chairman Ferdinand Piech raised widespread doubts about his future.

Trade talks in Tokyo get push from ‘fast-track’ deal in US

Japanese Economy Minister Akira Amari speaks about plans for talks with U.S. Trade Representative Michael Froman at Cabinet Office in Tokyo Friday, April 17, 2015. The top Japan and U.S. trade officials plan to meet this weekend, seeking to close gaps over autos and farm trade before Prime Minister Shinzo Abe visits Washington later this month. The U.S. and Japan must agree on market-opening measures before the 12 countries involved can reach a long-delayed final accord on the U.S.-led Trans-Pacific Partnership, a Pacific Rim trade pact. (Kyodo News via AP) JAPAN OUT, MANDATORY CREDIT

TOKYO (AP) — Top Japan and U.S. trade officials plan to meet this weekend, seeking to close gaps over autos and farm trade before Prime Minister Shinzo Abe visits Washington later this month.

Trade-off: Deal splits Democrats between business, labor

FILE - In this Feb. 19, 2015 file photo, Senate Finance Committee Chairman Sen. Orrin Hatch, R-Utah speaks in Salt Lake City. Top lawmakers struck a bipartisan agreement on Thursday to allow President Barack Obama to negotiate trade deals subject to a yes-or-no vote from Congress without the possibility of changes. The "fast-track" legislation comes as Obama seeks a sweeping trade deal with 11 Pacific nations. The Trans-Pacific Partnership proposes a trade agreement involving the United States, Japan, Vietnam, Canada, Mexico and seven other Pacific-rim nations. (AP Photo/Rick Bowmer, File)

WASHINGTON (AP) — The hardest sell for President Barack Obama will be persuading members of his own party to back a bipartisan agreement on global U.S. trade policy.

More Americans sought unemployment benefits last week

FILE - In this Friday, Jan. 23, 2015 file photo, job applicant Rafael Ferrer, 49, left, shakes hands with a representative of the Hilton Bentley Miami Beach hotel during a job fair at the Hospitality Institute in Miami. The Labor Department releases weekly jobless claims on Thursday, April 23, 2015. (AP Photo/Lynne Sladky, File)

WASHINGTON (AP) — The number of Americans seeking unemployment aid rose for the second straight week yet remained at a low level that is consistent with more hiring.

US home construction off to weak March start

A worker measure before cutting while working on the framing of a house under construction in Coppell, Texas, Monday, Dec. 15, 2014. The Commerce Department reports on U.S. home construction in March Thursday April 16, 2015. (AP Photo/LM Otero)

WASHINGTON (AP) — U.S. homebuilders opened the spring buying season in March at a slower pace than last year, a warning that recent hiring gains have failed to translate into a stronger real estate market.

Citigroup’s earnings rise 21 percent, beating estimates

FILE - In this Jan. 12, 2009 file photo, Citigroup headquarters is seen in New York. Citigroup releases quarterly results before market opens Thursday April 16, 2015. (AP Photo/Richard Drew, file)

NEW YORK (AP) — Citigroup said Thursday that its first-quarter net income rose 21 percent as the company continued to slim down its operations and control expenses.

Apple invests in China solar project, US forest conservation

FILE - In this Dec. 5, 2012 file photo, then EPA Administrator Lisa Jackson speaks at the 2012 Tribal Nations Conference at the Interior Department in Washington. Apple is expanding its environmental efforts by investing in a new Chinese solar power project and preserving 36,000 acres of sustainable timberland in Maine and North Carolina. Its important to us to tackle climate change everywhere we are,said Jackson, Apples vice president for environmental initiatives. When you talk about China, youre talking about manufacturing partners. Were looking to bring the same innovation there. This is the start.(AP Photo/Susan Walsh)

PALO ALTO, Calif. (AP) — Apple is expanding its environmental efforts by investing in a new Chinese solar power project and preserving 36,000 acres of “sustainable” timberland in Maine and North Carolina.

Seattle CEO to cut his pay so every worker earns $70,000

Cary Chin works Wednesday, April 15, 2015, at the front desk of Gravity Payments, a credit card payment processor based in Seattle. Gravity CEO Dan Price told his employees this week that he was cutting his roughly $1 million salary and using company profits so they would each earn a base salary of $70,000, to be phased in over three years. (AP Photo/Ted S. Warren)

SEATTLE (AP) — A Seattle CEO who announced that he’s giving himself a drastic pay cut to help cover the cost of big raises for his employees didn’t just make those workers happy.


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