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Preview: AP Top Business News At 6:40 p.m. EST

AP Top Business News at 12:51 a.m. EDT



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US economy expanded at weakest pace in 3 years

Fri, 28 Apr 2017 20:27:15 GMT2017-04-28T20:27:15Z

WASHINGTON (AP) -- The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result fell far short of President Donald Trump's ambitious growth targets and underscores the challenges of accelerating economic expansion....



Experts: Long road ahead for Trump offshore drilling order

Fri, 28 Apr 2017 21:27:49 GMT2017-04-28T21:27:49Z

President Donald Trump's executive order seeking to find new ocean expanses in the Atlantic and the Arctic for offshore drilling is unlikely to reach its goals anytime soon, but instead will kick off a yearslong review and a legal battle....



Hacker threatens to release stolen copies of Netflix series

Sat, 29 Apr 2017 04:51:38 GMT2017-04-29T04:51:38Z

SAN FRANCISCO (AP) -- A hacker claims to have stolen the upcoming season of Netflix's hit series "Orange Is The New Black," and is demanding that the video streaming service pay an unspecified ransom to prevent all the new episodes from being prematurely released online....



Congress settles for stopgap to avoid government shutdown

Sat, 29 Apr 2017 00:25:29 GMT2017-04-29T00:25:29Z

WASHINGTON (AP) -- Congress took the easy way out to keep the government open on the eve of Donald Trump's 100th day in office, passing a weeklong stopgap spending bill Friday that amounted to more of a defeat for the president than a victory....



Trump will zero in on trade agreements during 100th day

Sat, 29 Apr 2017 01:41:51 GMT2017-04-29T01:41:51Z

WASHINGTON (AP) -- President Donald Trump will spend his 100th day in office talking tough on trade in one of the states that delivered his unlikely win....



Exxon's 1Q profit more than doubles on higher oil prices

Fri, 28 Apr 2017 14:31:36 GMT2017-04-28T14:31:36Z

IRVING, Texas (AP) -- Exxon more than doubled its profit in the first quarter as rising crude prices magnified the cost cuts made by the company as energy prices tumbled....



Facebook gearing up to fight political propaganda

Fri, 28 Apr 2017 18:23:36 GMT2017-04-28T18:23:36Z

NEW YORK (AP) -- Facebook is acknowledging that governments or other malicious non-state actors are using its social network to influence political sentiment in ways that could affect national elections....



Robotic fruit pickers may help orchards with worker shortage

Fri, 28 Apr 2017 21:39:46 GMT2017-04-28T21:39:46Z

SPOKANE, Wash. (AP) -- Harvesting Washington state's vast fruit orchards each year requires thousands of farmworkers, and many of them work illegally in the United States....



Apple ceases iPhone payments to Qualcomm, escalating feud

Fri, 28 Apr 2017 20:04:45 GMT2017-04-28T20:04:45Z

SAN FRANCISCO (AP) -- Apple is refusing to pay any royalties owed to mobile chip maker Qualcomm for some of the features in the iPhone, escalating a patent feud that has turned the former business partners into bitter adversaries....



US stocks close modestly lower, but end higher for the week

Fri, 28 Apr 2017 21:04:23 GMT2017-04-28T21:04:23Z

U.S. stocks closed modestly lower Friday, ending just short of another milestone for Wall Street....