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- By Jenny W. Hsu Oil prices traded flat early Friday, as market participants weighed signs of a shrinking global glut and the possibility that some oil producers may be getting ready to cr...
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Business News  

China announces goal of AI leadership by 2030
(AP Photo - Mark Schiefelbein)
By JOE McDONALD
From Associated Press
July 21, 2017 1:00 AM EST

BEIJING (AP) — China's government has announced a goal of becoming a global leader in artificial intelligence in just over a decade, putting political muscle behind growing investment by Chinese companies in developing self-driving cars and other advances.

WASHINGTON (AP) — New York financier Anthony Scaramucci is under consideration to join the Trump administration as communications director.

NEW YORK (AP) — AlphaBay, the now-shuttered online marketplace that authorities say traded in illegal drugs, firearms and counterfeit goods, wasn't all that different from any other e-commerce site, court documents show.

HOUSTON (AP) — In an innovative blow to illicit internet commerce, cyberpolice shut down the world's leading "darknet" marketplace — then quietly seized a second bazaar to amass intelligence on illicit drug merchants and buyers.

TOKYO (AP) — Asian shares were mixed Friday in muted trading after the European Central Bank announced no changes to its stimulus policies.

BEIJING (AP) — Is the outsize role played by China's government in its economy to blame for its multibillion-dollar trade surpluses with the United States? Yes, says U.S.

WASHINGTON (AP) — Republican leaders pushed toward a Senate vote next Tuesday on resurrecting their nearly flat-lined health care bill.

SAN FRANCISCO (AP) — Microsoft's cloud computing business helped boost its fourth-quarter revenue and earnings above Wall Street's expectations, further validating a strategy pushed by CEO Satya Nadella since he took over in 2014.

In promotional brochures, a U.S. company boasted of the "stunning visual effect" its shimmering aluminum panels created in an NFL stadium, an Alaskan high school and a luxury hotel along Baltimore's Inner Harbor that "soars 33 stories into the air."

WASHINGTON (AP) — The Trump administration agreed Thursday to waive part of the penalty Harley-Davidson Inc. agreed to pay last year to settle a case over air pollution involving racing tuners that caused its motorcycles to emit higher-than-allowed pollution levels.

HOFFMAN ESTATES, Ill. (AP) — Sears will begin selling its appliances on Amazon.com, including smart appliances that can be synced with Amazon's voice assistant, Alexa.

WASHINGTON (AP) — Rebuffing a Republican president, a GOP-led Senate panel on Thursday rejected President Donald Trump's proposed cuts to foreign aid and deep reductions in spending on domestic programs such as education, housing and energy.

OAK BROOK, Ill. (AP) — With McDonald's now offering a delivery service, the fast-food giant is looking to make customers comfortable eating at home with a new clothing line that includes an adult-size Big Mac onesie.

LAWRENCE, Mass. (AP) — House Speaker Paul Ryan on Thursday pitched Republican plans for overhauling the nation's tax code at a shoe factory, as demonstrators outside protested the GOP agenda of scrapping former President Barack Obama's health care law and tax cuts.

WASHINGTON (AP) — The Latest on the United States punishing Exxon Mobil for violating U.S. sanctions on Russia with a $2 million fine (all times local): 3:30 p.m.

HONOLULU (AP) — A human rights complaint has been filed with an international commission to investigate claims of human rights violations in Hawaii's commercial fishing industry.

ATLANTIC BEACH, N.C. (AP) — Under pressure from President Donald Trump, North Carolina's governor announced his opposition on Thursday to drilling for natural gas and oil off the Atlantic coast, saying it poses too much of a threat to the state's beaches and tourism economy.

WASHINGTON (AP) — Republicans are targeting a rule that would let consumers band together to sue their banks or credit card companies rather than use a mediator to resolve a dispute.

CHICAGO (AP) — President Donald Trump's administration has ended Affordable Care Act contracts that brought assistance into libraries, businesses and urban neighborhoods in 18 cities, meaning shoppers on the insurance exchanges will have fewer places to turn for help signing up for coverage.

WASHINGTON (AP) — Fewer Americans applied for jobless aid last week, as the number of people seeking benefits stayed near historic lows, pointing to a robust job market.

FRESNO, Calif. (AP) — California's vast San Joaquin Valley, the country's most productive farming region, is engulfed by some of the nation's dirtiest skies, forcing the state's largest air district to spend more than $40 billion in the past quarter-century to enforce hundreds of stringent pollution rules.

OFFUTT AIR FORCE BASE, Neb. (AP) — Hey veterans, you can soon shop tax free. Starting later this year, all honorably discharged veterans, no matter their branch of service, will be eligible to shop tax-free online at the Army & Air Force Exchange Service with the same discounts they enjoyed on base while in the military.

NEW WASHINGTON, Ohio (AP) — The company that developed the Dakota Access oil pipeline is entangled in another fight, this time in Ohio where work on its multi-state natural gas pipeline has wrecked wetlands, flooded farm fields and flattened a 170-year-old farmhouse.

FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi did his best Thursday to give no clear signal about the eventual withdrawal of a massive bond-purchase stimulus program, lest markets overreact.