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US stock indexes move lower in afternoon trading

Materials and industrials sector companies led U.S. stock indexes lower in afternoon trading Wednesday. Energy stocks also fell as oil prices headed lower. Utilities were up the most. Trading was subdued as investors looked ahead to the long Easter holiday weekend and kept an eye on geopolitical tensions. Bond prices rose, sending yields lower.


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US budget deficit hits $176.2 billion in March

WASHINGTON (AP) — The federal government ran a budget deficit in March that was sharply higher than a year ago because of special factors. Through the first half of this budget year, the deficit is running 14.7 percent higher than the same period a year ago.


Delta's 1Q profit falls, but airline forecasts rising prices

DALLAS (AP) — Rising labor and fuel costs cut into Delta's first-quarter profit, but the airline expects help this spring from higher average prices.


IMF leader Lagarde warns against trade protectionism

WASHINGTON (AP) — The head of the International Monetary Fund said Wednesday that after six years of disappointing growth, the world economy is finally gaining momentum. But she warned of potential threats, from political uncertainty in Europe to protectionism that could hinder trade.


Culture shock: Business owners see need to change their ways

NEW YORK (AP) — The results of a staff survey jolted Alex Slater into realizing how drastically his business needed a culture change.


Can't pay your student loan bill? Here's what to do

NEW YORK (AP) — If you can't afford to pay your student loan bill, don't blow it off. There are steps that you can take that may save you from financial ruin.


Auto show: Concepts from Toyota, Subaru; Dodge Demon roars

NEW YORK (AP) — From high-performance muscle cars to hot-selling SUVs to cars hitting the U.S. market for the first time, the 2017 New York International Auto Show features a diverse lineup of new vehicles. The show officially opens to the public on Friday.


Wal-Mart to discount online-only items delivered to stores

NEW YORK (AP) — Starting next week, Wal-Mart will offer discounts on thousands of online-only items when customers elect to have them shipped to one of the company's stores for pickup.


Markets Right Now: US stocks move lower in midday trade

The latest on developments in financial markets (All times local):


Higher fuel cost weighs on Delta profit in 1st quarter

ATLANTA (AP) — Rising fuel costs hurt Delta's first-quarter profit, which dropped 36 percent from the same period a year before. But the company's adjusted earnings beat expectations and its stock rose about 2 percent in morning trading Wednesday.


1,470 economists send Trump a letter to support immigrants

WASHINGTON (AP) — Almost 1,500 economists have addressed a letter to President Donald Trump and top congressional leaders stressing the importance of immigrants for economic growth.


Ford's Lincoln makes play for GM-dominates big SUV market

NEW YORK (AP) — Ford Motor Co.'s Lincoln luxury brand is making a play for a General Motors stronghold, revamping the Navigator truck-based SUV so it can better compete with the Cadillac Escalade and other big GM people haulers.


IMF leader warns against trade protectionism

WASHINGTON (AP) — The head of the International Monetary Fund says that after six years of disappointing growth, the world economy is finally gaining momentum. But she warns of a number of potential threats, ranging from political uncertainty in Europe to protectionism that could hinder global trade.


Giddy Up! Automakers raise horsepower, speed to new heights

NEW YORK (AP) — Fred Croatti often drives his silver Dodge Charger Hellcat to the grocery store, turning heads as he rumbles through the parking lot with a supercharged 6.2-Liter 707-horsepower engine.


Toyota shows robotic leg brace to help paralyzed people walk

TOKYO (AP) — Toyota is introducing a wearable robotic leg brace designed to help partially paralyzed people walk.


Dodge Demon Challenger lays claim to fastest production car

NEW YORK (AP) — Fiat Chrysler's Dodge brand is laying claim to the fastest production car in the U.S., deposing electric car maker Tesla Motors with a freaky-fast 840-horsepower gasoline burner.


United faces public-relations fiasco over dragged passenger

United is getting pummeled on late-night TV. Online, jokers are proposing new corporate slogans such as "We'll drag you all over the world" and "We have red eye and black eye flights available." On Wall Street, the airline briefly lost nearly $1 billion in market value before its stock regained much of the loss.


Business Highlights

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United Continental and Qualcomm fall; RetailMeNot climbs

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:


How major US stock market indexes fared on Tuesday

U.S. stock indexes closed little changed Tuesday as gains in real estate and industrial companies were canceled out by losses in technology and other sectors.


Dragging of passenger reminds of past airline incidents

This week's video of a man being dragged off an overbooked United Express flight has triggered outrage online. But it's far from the first time an airline has forcibly removed a passenger from a plane or been criticized for how it treats customers.


Dragging of passenger reminds of past airline outrages

This week's video of a man being dragged off an overbooked United Express flight has triggered outrage online. But it's far from the first time an airline has forcibly removed a passenger from a plane or been criticized for how it treats customers.


Gas prices will rise this summer but should remain low

NEW YORK (AP) — You didn't think those super-low gas prices would last forever, did you?


United CEO apologizes for treatment of passenger dragged off plane, saying "No one should ever be mistreated this way."

CHICAGO (AP) — United CEO apologizes for treatment of passenger dragged off plane, saying "No one should ever be mistreated this way."


Supervalu buying California grocery distributer for $114M

NEW YORK (AP) — Supervalu Inc. is buying grocery distributer Unified Grocers Inc. for $114 million cash, boosting the grocery store operator's wholesale business.


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