FDA approves $2M medicine, most expensive ever
U.S. regulators have approved the most expensive medicine ever, for a rare disorder that destroys a baby's muscle control and kills nearly all of those with the most common type of the disease within a couple of years.
Female CEOs are competitively paid, but greatly outnumbered
The few women who are CEOs of the largest U.S. companies typically make more money than their male counterparts but aren't close to the top of the leaderboard for pay packages.
CEOs get $800,000 pay raise, leaving workers further behind
NEW YORK (AP) — Did you get a 7% raise last year? Congratulations, yours was in line with what CEOs at the biggest companies got.
Climate change is hot topic in the European Parliament vote
LANGEOOG, Germany (AP) — Hungry tourists stream into the glass-fronted balcony of Michael Recktenwald's restaurant on the German island of Langeoog, with its splendid view of the North Sea and the blue skies above.
Pennsylvania accuses financial firms of bond price-fixing
HARRISBURG, Pa. (AP) — Pennsylvania's treasury department is accusing about a dozen large financial firms of working together to illegally inflate the price of bonds issued by Fannie Mae and Freddie Mac over seven years.
Botswana hires Hollywood firm to fight elephant hunting PR
WASHINGTON (AP) — The Botswanan government has enlisted a public relations firm with deep ties to Hollywood to push back against the bad publicity generated by the southern African nation's decision to lift its ban on elephant hunting.
GOP conservative temporarily blocks $19B disaster bill
WASHINGTON (AP) — A House GOP conservative complaining a long-overdue $19 billion disaster aid bill leaves out money needed to address the migrant crisis at the border blocked the bill Friday, extending a tempest over hurricane and flood relief that has left the measure meandering for months.
Discovery's Zaslav, Disney's Iger among highest paid CEOs
Here are the highest paid CEOs in the S&P 500 index for 2018, as calculated by The Associated Press and Equilar, an executive data firm.
CEO Pay: When investors say "nay" on spiraling packages
NEW YORK (AP) — Shareholders are still voting overwhelmingly in favor of big pay packages for CEOs, but there are more pockets of resistance eight years after "Say on Pay" became a mandatory exercise at annual meetings.
The highest-paid CEOs by state
Here are the top paid CEOs by state for 2018, as calculated by The Associated Press and Equilar, an executive data firm. The survey considered only publicly traded companies with more than $1 billion in revenue that filed their proxy statements with federal regulators between Jan.
The Latest: Trump says he is "feeling badly" for UK's May
LONDON (AP) — The Latest on Brexit and Britain's political crisis (all times local): 6:25 p.m. U.S. President Donald Trump says he is "feeling badly" for British Prime Minister Theresa May who announced Friday that she would resign.
May to quit as party leader June 7, opening race for new PM
LONDON (AP) — Theresa May ended her failed three-year quest to lead Britain out of the European Union on Friday, announcing that she will step down as Conservative Party leader June 7 and triggering a contest to choose a new prime minister who will try to complete Brexit.
US orders for long-lasting goods fall 2.1% in April
WASHINGTON (AP) — Orders to U.S. factories for large manufactured goods fell sharply last month, pulled down by lower demand for commercial aircraft and cars, while businesses also pulled back on investment spending.
Tesla's bad news accelerates as Wall Street loses faith
Late last year, Tesla Inc. was fully charged and cruising down the highway on Autopilot. Shares were trading above $370 each, sales of the Model 3 small electric car were strong and the company had appointed a new board chair to rein in the antics of sometimes impulsive CEO Elon Musk.
Climate protesters turn out as Europe votes on parliament
BERLIN (AP) — Protesters — many of them too young to vote — took to the streets Friday across the European Union to demand tougher action against global warming as the 28-nation bloc elects a new parliament.
'Move along': Stormtroopers ready for Star Wars land crowds
LOS ANGELES (AP) — Disneyland's new Galaxy's Edge attraction promises to transport visitors to a new locale in the Star Wars universe, but any who overstay their visit might not catch their ride on the Millennium Falcon.
China ramps up war of rhetoric in trade standoff with US
BEIJING (AP) — Stepping up Beijing's propaganda offensive in the tariffs standoff with Washington, Chinese state media on Friday accused the U.S.
Global stocks recover with focus on trade, Brexit
TOKYO (AP) — Global stocks are rebounding following Thursday's sell-off, with markets hoping for an easing in the U.S.-China trade dispute and after British Prime Minister Theresa May said she plans to resign as of June 7.
AP Explains: How retirement legislation impacts you
Americans generally do not have enough saved for retirement and Congress is considering a number of measures to address that. There are a few retirement-related bills of note making their way through Congress.
India's Modi facing urgent economic challenges after win
NEW DELHI (AP) — Dissatisfaction with India's lagging economy didn't deter voters from handing Prime Minister Narendra Modi and his Hindu nationalist party a landslide parliamentary election victory.
China to support airlines seeking compensation from Boeing
BEIJING (AP) — China's airline industry association has thrown its support behind 13 Chinese carriers seeking compensation from Boeing for groundings of the 737 Max 8.
NASA's first-of-kind tests look to manage drones in cities
RENO, Nev. (AP) — NASA has launched the final stage of a four-year effort to develop a national traffic management system for drones, testing them in cities for the first time beyond the operator's line of sight as businesses look in the future to unleash the unmanned devices in droves above busy streets and buildings.
Bank CEO pleads not guilty in bid to get Trump post
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing wrong.
FAA chief upbeat about prospects for Boeing 737 Max's return
FORT WORTH, Texas (AP) — After an all-day meeting with global aviation regulators, the chief of the Federal Aviation Administration sounded more upbeat than ever about prospects for clearing the troubled Boeing 737 Max to fly again.