Stock Market Overview
FRANKFURT, Germany (AP) — Europe's strengthening economy dodged a banana peel when a pro-EU candidate won the first round of the French presidential election.
TOKYO (AP) — Shares are higher in Asia, tracking the rally sparked by the outcome of France's vote. Hopes for U.S. tax reform and a compromise on the U.S. budget deadline also lifted sentiment. Japan's benchmark gained as the dollar remained near the 110 yen level, helping shares of exporters.
SHANGHAI (AP) — In a story April 22, The Associated Press reported that General Motors Co. expects annual sales of electric vehicles to reach 150,000 by 2020 and possibly surpass 500,000 by 2025. Those figures include GM's Buick, Cadillac and Chevrolet brands but not the Baojun brand made by its SAIC-GM-Wuling Automobile joint venture, for which it says a forecast will be announced later.
JACKSONVILLE, Fla. (AP) — Wells Fargo's top management and board of directors will face irritated investors Tuesday for the first big shareholder meeting since the scandal over the bank's sales practices led to an executive shake-up, fines and a dented reputation.
KUALA LUMPUR, Malaysia (AP) — The U.N. refugee agency and a Malaysian firm have launched an interactive smartphone application aimed at raising public awareness and empathy about the worldwide struggle of refugees.
BEIJING (AP) — China's conversion of coal into natural gas could prevent tens of thousands of premature deaths each year. But there's a catch: As the country shifts its use of vast coal reserves to send less smog-inducing chemicals into the air, the move threatens to undermine efforts to rein in greenhouse gas emissions, researchers said Tuesday.
SAO PAULO (AP) — Grinning in front of the camera, the former CEO of the huge Brazilian builder at the center of the world's biggest corruption scandal spoke frankly about the billions in bribes and illegal financing that the Odebrecht company put into the pockets and campaign coffers of politicians and public officials.
CHICAGO (AP) — The physician who was dragged off a United Airlines flight in Chicago this month was verbally and physically abusive, and flailing his arms before he lost his balance and struck his mouth on an armrest, according to the aviation officer who pulled the man out of his seat.