Banks lead US stock indexes lower in afternoon trading

Banks and other financial companies led U.S. stocks sharply lower in afternoon trading Wednesday as bond yields tumbled. Investors fretted that the latest turmoil in Washington could hinder President Donald Trump's pro-business agenda. Technology and industrial stocks were among the big decliners, while real estate companies were up the most.

  • Written by ALEX VEIGA, AP Business Writer

Ford to cut 1,400 jobs in North America, Asia

DETROIT (AP) — Ford — facing heavy costs for new technology and slowing U.S. car sales — is cutting 1,400 non-factory jobs in North America and Asia Pacific this year in an effort to boost profits and rescue its sagging stock price.

  • Written by DEE-ANN DURBIN, AP Auto Writer

Around round of premium hikes brewing: blame Trump or Obama?

WASHINGTON (AP) — Another year of big premium increases and dwindling choice is looking like a distinct possibility for many consumers who buy their own health insurance — but why, and who's to blame?

  • Written by RICARDO ALONSO-ZALDIVAR, Associated Press

Intel spat adds to Israeli concerns about Trump visit

JERUSALEM (AP) — When Donald Trump was elected president, Israeli nationalists rejoiced that a reputed strong ally would be moving into the White House. But as Trump prepares to visit the region this weekend, apprehension reigns instead.

  • Written by JOSEF FEDERMAN, Associated Press