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Market Update  

- By Sue Chang, MarketWatch Chinese yuan hits lowest point since last July Most Asian stocks ended lower Thursday. Early gains inspired by U.S. markets, where stocks got a boost from a Fede...
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Jailed Audi chief seeks release pending German fraud probe
From Associated Press
July 19, 2018 5:36 AM EST

BERLIN (AP) — Audi's chief executive is seeking his release from jail during an ongoing investigation of suspected fraud as part of parent company Volkswagen's diesel emissions scandal.

NEW YORK (AP) — Facebook CEO Mark Zuckerberg says while he finds Holocaust denial "deeply offensive," he doesn't believe that such content should be banned from Facebook.

BRUSSELS (AP) — The European Union says it is already preparing measures to retaliate against the U.S. if President Donald Trump imposes tariffs on imported cars and auto parts.

SEOUL, South Korea (AP) — Global stock markets were drifting lower Thursday as investors awaited further moves in global trade disputes with the U.S.

TOKYO (AP) — Chinese mobile service giant Didi Chuxing and Tokyo-based SoftBank Corp. have set up a joint venture for taxi-hailing in Japan.

TOKYO (AP) — Japan's trade surplus jumped 66 percent year-on-year in June on strong growth in shipments to China and other Asian countries, though exports and imports with the U.S.

SEOUL, South Korea (AP) — Asian stock markets were drifting Thursday in mixed trading as investors awaited further moves in global trade disputes.

BRUSSELS (AP) — European regulators' latest swipe at the dominance of U.S. tech giant Google could open new opportunities for rivals in search and web browsers — that is, if handset manufacturers decide to make the most of the opening.

DENVER (AP) — The Trump administration on Wednesday eased rules for handling toxic coal ash from more than 400 U.S. coal-fired power plants after utilities pushed back against regulations adopted under former President Barack Obama.

SAN FRANCISCO (AP) — Ridesharing company Lyft said Wednesday that it's beefing up its background checks after a driver arrested for rape was found to be in the United States illegally.

BRUSSELS (AP) — European regulators came down hard on another U.S. tech giant Wednesday, fining Google a record $5 billion for forcing cellphone makers that use the company's Android operating system to install Google search and browser apps.

HARRISBURG, Pa. (AP) — Philadelphia's tax on soda and other sweetened drinks was upheld on Wednesday when the state's highest court rejected a challenge by merchants and the beverage industry.

NEW YORK (AP) — American Express said Wednesday that its second-quarter profit rose 21 percent from a year ago, as the credit card giant saw more customers spending on its namesake cards and a much lower tax rate.

WASHINGTON (AP) — Having started a trade war with China and enraged U.S. allies with steel tariffs, President Donald Trump is primed for his next fight.

WASHINGTON (AP) — President Donald Trump says Air Force One is getting a patriotic makeover. Trump says the familiar baby blue color on the presidential aircraft will give way to a red, white and blue color scheme.

WASHINGTON (AP) — Lawmakers are losing patience with the Trump administration's reliance on tariffs to win trade disputes and are talking increasingly about legislative action to protect U.S.

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that the central bank has tools it can use to cushion the potential economic fallout from a trade war.

WASHINGTON (AP) — A panel of federal regulators is proposing lifting the strict government oversight imposed on Zions Bancorp, a big regional bank that received a taxpayer-funded bailout during the 2008 financial crisis.

WASHINGTON (AP) — The Commerce Department has started an investigation into the impact of uranium imports on U.S. national security, a move that could limit future imports and add another front to the Trump administration's trade fight.

It's one of the most common questions financial advisers hear: should I prioritize paying down debt or building up savings? Americans have a cozy relationship with debt — student loans, credit cards and car loans are commonplace.

WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's congressional appearance to deliver the Fed's semi-annual monetary policy report.

NEW YORK (AP) — The plan was for Greg Goodman to sell his auto supply store and retire about the time he turned 60. Then Plan B came along — his son Chandler decided to join and eventually take over the family business instead of becoming an architect.

GENEVA (AP) — Noticing more delays at Europe's airports? The leading trade group for global airlines is criticizing air traffic control agencies in Europe for seeking "super-normal profits" instead of investing to improve performance at a time when air travelers are facing longer waits.

BRUSSELS (AP) — The European Union has fined Google $5 billion for allegedly abusing its dominant position in mobile phone operating systems.

DETROIT (AP) — In March of 2016, Keith Reynolds flew from California to Atlanta so he could claim his spot in line at 4 a.m., and get a three-hour head start on his West Coast competitors.