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Preview: AP Top Business News At 11:31 a.m. EST

AP Top Business News at 5:39 p.m. EDT



AP Top Business News at 5:39 p.m. EDT



 



With catcalls and applause, Cannes debates rise of Netflix

2017-05-22T17:25:46Z

CANNES, France (AP) -- This year's Cannes Film Festival has been a sprawling, international referendum on Netflix, with votes registered in catcalls and applause, and some of the biggest names in cinema staking out their positions....



Clariant, Huntsman, latest chemical makers seeking to merge

2017-05-22T16:54:27Z

GENEVA (AP) -- Swiss specialty chemicals maker Clariant and Texas' Huntsman Corp. will attempt to join and create a company with a market value of $13.8 billion, the latest proposed deal in a chemicals industry that is seeking to consolidate rapidly....



Trump budget promises balance in decade, relies on deep cuts

2017-05-22T20:19:03Z

WASHINGTON (AP) -- President Donald Trump is proposing to balance the federal budget within a decade by making sharp cuts to social safety-net programs like food stamps and Medicaid and offering optimistic estimates of economic growth and tax revenues to fulfill the promise of a government back in the black....



Insurers seek stability as Trump delays health care decision

2017-05-22T21:39:13Z

WASHINGTON (AP) -- Uncertainty over the future of health care for millions grew deeper Monday as insurers released a blueprint for stabilizing wobbly markets and the Trump administration left in limbo billions of dollars in federal payments....



Ford taps former office furniture executive to be new CEO

2017-05-22T21:21:04Z

DEARBORN, Michigan (AP) -- The job of Ford's new CEO won't be easy: He will have to shore up the 114-year-old company's traditional auto business, but also invest in self-driving cars and other projects that could one day make that business obsolete....



A history of the men who have led Ford Motor Co.

2017-05-22T18:58:42Z

Ford named Jim Hackett its 10th CEO Monday. The 114-year-old company did not have an official CEO role until it went public in the 1950s. So Henry and Edsel Ford served as presidents of the company but never CEO....



Complex world of border trade: Cattle go north, meat south

2017-05-22T19:21:07Z

REYNOSA, Mexico (AP) -- Waving arms and brandishing a long electric prod, the ranch hands and truck drivers herd about 400 leggy calves onto trucks as the sun crests on the outskirts of this border city. After spending their first eight months on the ranches of Gildardo Lopez Hinojosa, the calves are about to cross the border - bound for Texas and U.S. feed lots beyond....



Three lawsuits allege foot-dragging by Fox on harassment

2017-05-22T20:09:25Z

NEW YORK (AP) -- Three new lawsuits filed Monday allege racial discrimination or sexual harassment at Fox News, deepening the network's legal woes....



Box office Top 20: 'Alien: Covenant' dethrones 'Guardians 2'

2017-05-22T21:10:56Z

LOS ANGELES (AP) -- Ridley Scott's space horror film "Alien: Covenant" scared reigning box office champ "Guardians of the Galaxy Vol. 2" out of the No. 1 spot over the weekend - but just barely....



EU nations set tough negotiating mandate for Brexit talks

2017-05-22T12:53:45Z

BRUSSELS (AP) -- The 27 European Union nations handling Britain's exit from the bloc set a tough negotiating mandate for the talks, the EU's chief negotiator said Monday, stressing that the discussions would be tension-filled....