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Market Update  

- By Mark Hulbert, MarketWatch Gold timers stubbornly refuse to throw in the towel The odds of a contrarian buy signal for gold are even more remote today than they were six weeks ago. Mid-...
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Business News  

German business confidence falls amid trade tensions
From Associated Press
April 24, 2018 4:03 AM EST

BERLIN (AP) — A closely watched survey showed a bigger-than-expected drop in German business confidence amid worries about international trade tensions, but Tuesday's report doesn't necessarily signal any serious problems for Europe's biggest economy.

LOS ANGELES (AP) — Sony Pictures Entertainment Chairman Tom Rothman assured theater owners Monday that his studio is dedicated to appealing to a range of audiences — from global franchises such as "Spider-Man" and "The Girl with the Dragon Tattoo" series to family films, action pics, comedies and even Quentin Tarantino's Leonardo DiCaprio and Brad Pitt film "Once Upon a Time in Hollywood."

DHAMRAI, Bangladesh (AP) — The factory building had been expanded illegally, with additional floors stacked one on top of another.

WASHINGTON (AP) — President Donald Trump's escalating dispute with China over trade and technology is threatening jobs and profits in working-class communities where his "America First" agenda hit home.

SEOUL, South Korea (AP) — SK Hynix Inc. said Tuesday its first-quarter net profit has surged 64 percent over a year earlier thanks to robust memory chip prices that offset slowing growth in the mobile sector.

MINNEAPOLIS (AP) — Minnesota regulators should approve Enbridge Energy's proposal for replacing its aging Line 3 crude oil pipeline only if it follows the existing route rather than company's preferred route, an administrative law judge recommended Monday.

NEW YORK (AP) — First, Jared Kushner's big plans for a skyscraper in Manhattan fell apart. Now, it's the turn of his major twin-tower project across the river in New Jersey.

MOUNTAIN VIEW, Calif. (AP) — Google parent Alphabet on Monday reported a jump in first-quarter net income on the back of strong digital ad sales and an accounting adjustment.

SAN FRANCISCO (AP) — The academic at the center of the Facebook data-misuse scandal apologized for his actions, but said he thought he did nothing wrong at the time.

WASHINGTON (AP) — The sprawling network funded by the billionaire Koch brothers is having a very good run with President Donald Trump in the White House and Republicans in control of Congress.

LOS ANGELES (AP) — Summer starts early this year in Hollywood with the potentially record-breaking release of "Avengers: Infinity War" Thursday, and the marquee Marvel superheroes couldn't be coming at a better time.

NEW YORK (AP) — Sears' biggest shareholder has suggested the company sell its well-known Kenmore brand and some real estate holdings, offering itself as a potential buyer.

WASHINGTON (AP) — The Supreme Court wrestled Monday with a case brought by a former financial adviser known for his "Buckets of Money" strategy who is challenging the appointment of the administrative law judge who ruled against him.

NEW YORK (AP) — With its sales falling due to the liquidation of Toys R Us, Hasbro is looking for new places to sell Monopoly, My Little Pony and its other toys.

SHANGHAI (AP) — It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 percent jump in online sales on Alibaba's Tmall, thanks to the e-commerce giant's massive reach.

WASHINGTON (AP) — U.S. sales of existing homes increased 1.1 percent on a monthly basis in March, which suggests that buyers are undeterred by the dwindling number of properties available on the market.

BOSTON (AP) — President Donald Trump has courted coal miners and cast doubt on whether fossils fuel contribute to climate change, but that hasn't translated into hostility for renewable energy — particularly offshore wind.

BRUSSELS (AP) — The EU's trade chief said Monday that the bloc's two most powerful leaders will tell U.S. President Donald Trump to back off on plans to impose steel and aluminum tariffs when they visit Washington this week.

LAS VEGAS (AP) — The ex-wife of Steve Wynn, who is also the biggest shareholder and co-founder of Wynn Resorts, is seeking the removal one of the company directors overseeing an internal investigation into sexual misconduct allegations against the casino magnate.

LONDON (AP) — Global stock markets traded in narrow ranges Monday as investors awaited fresh drivers following a volatile couple of months that has seen many shares take a pounding on a series of concerns, including fears of a trade war between the U.S.

LONDON (AP) — A personal finance expert launched a lawsuit against Facebook in Britain on Monday, claiming the social media company is allowing the publication of scam ads featuring his name.

TOKYO (AP) — Robots that can weld, lift and bolt are being developed to help bridge labor shortages at Japanese construction sites, though their use will be limited to night shifts when no human workers will be nearby due to safety and regulatory concerns.

THE HAGUE, Netherlands (AP) — Amsterdam police have arrested an Icelandic fugitive suspected of masterminding the theft of hundreds of computers used to mine bitcoin and other virtual currencies.

SEOUL, South Korea (AP) — General Motors said Monday that it has reached a tentative agreement with its South Korean labor union on measures to cut costs and allocate new car models to GM Korea factories.

FRANKFURT, Germany (AP) — When will the European Central Bank join the U.S. Federal Reserve and start raising interest rates? This much is clear: It won't be soon.