Sony chief promises profitability, but is short on specifics

00 TOKYO (AP) — Sony’s leader is promising a comeback for the Japanese electronics and entertainment company having its best profitability in two decades. Source: World Business

Asian shares drift as blast in Manchester rattles investors

00 TOKYO (AP) — Asian shares were mostly higher in early trading Tuesday after police said they were treating an explosion in Manchester, England, that killed at least 19 people…

Trump's $4.1T budget relies on deep domestic cuts

00 WASHINGTON (AP) — President Donald Trump’s proposed $4.1 trillion budget slashes safety net programs for the poor, targeting food stamps and Medicaid, while relying on rosy projections about the…

Greece falls short in efforts to secure deal with creditors

00 BRUSSELS (AP) — Greece and its European creditors failed to clinch a deal Monday that would have seen the cash-strapped country get its next batch of bailout loans and…

The Latest: Eurozone and Greece fail to agree bailout deal

00 BRUSSELS (AP) — The Latest on European Union finance ministers’ meeting on Greek debt (all times local): Source: World Business

Hong Kong's Cathay lays off 600 as it faces rising pressure

00 HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways says it’s laying off nearly 600 staff as it faces rising competition from rival carriers and tough business conditions. …

Japan exports gain in April, rising oil prices pinch surplus

00 TOKYO (AP) — Japan reports its exports rose a solid 7.5 percent in April from a year earlier though the trade surplus dropped as higher oil prices pushed the…

AP Exclusive: Strapped UN health agency spends big on travel

00 LONDON (AP) — The World Health Organization routinely spends about $200 million a year on travel — far more than what it doles out to fight some of the…

Turkey: Man detained on US plane just wanted 1st class seat

00 ISTANBUL (AP) — Turkey’s official news agency says the FBI has detained a Turkish man who attempted to sit in first class on a Los Angeles-Honolulu flight. Source: World…

'Alien: Covenant' edges 'Guardians' at weekend box office

00 LOS ANGELES (AP) — “Alien: Covenant” edged out “Guardians of the Galaxy, Vol. 2” in a weekend space battle at the box office. Source: World Business