- AP Exclusive: CEOs got biggest raise since 2013
NEW YORK (AP) — The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for The Associated Press. That's the biggest raise in three years.
- Trump budget: More for the military, less for the poor
WASHINGTON (AP) — President Donald Trump on Tuesday sent Congress a $4.1 trillion federal spending plan that promises faster economic growth and steep cuts to programs for the poor in a bid to balance the government's books over the next decade.
- Fiat Chrysler seeks diesel emission certification from EPA
WASHINGTON (AP) — Fiat Chrysler has applied for diesel emission certifications for its 2017 Jeep Grand Cherokee and Ram 1500 models after months of talks with federal and state agencies.
- Google aims to connect online ads to physical stores
SAN FRANCISCO (AP) — Google already monitors your online shopping — but now it's also keeping an eye on what you're buying in physical stores to try to sell more digital advertising.
- US new-home sales drop 11.4% in April, most in 2 years
WASHINGTON (AP) — U.S. sales of new homes last month registered the biggest drop in more than two years.
- German business confidence hits 26-year high in May
BERLIN (AP) — A survey shows that business confidence in Germany has risen to its highest level in 26 years. The strong showing was slightly above economists' expectations.
- More sponsors pull out of New York's Puerto Rican Day parade
NEW YORK (AP) — More sponsors are dropping out of New York City's Puerto Rican Day parade after a decision by organizers to honor a Puerto Rican nationalist who served decades in prison for his involvement in a group that claimed responsibility for more than 100 bombings.
- US stocks advance as banks and health care lead rally
NEW YORK (AP) — U.S. stocks are rising Tuesday as banks climb following an increase in bond yields, which will allow banks to charge higher rates on loans. Health care companies like makers of scientific instruments and drugs are higher as well. Stocks are on track for their fourth gain in a row and have mostly undone a big loss from last Wednesday, when they took their biggest loss of 2017.
- NY Attorney General: $18.5 million settlement with Target
NEW YORK (AP) — Target Corp. has reached an $18.5 million settlement over a massive data breach that occurred before Christmas in 2013, New York's attorney general announced Tuesday.
- Nokia and Apple settle long-running legal disputes
HELSINKI (AP) — Nokia and Apple have settled their numerous legal disputes after signing an agreement to work together.