Financial News

Tuesday, March 27th
March 26, 2018
AP Newswatch
March 27, 2018
Financial News

 

Stocks rebound…Apple trying to get into school…Auto safey evolvesHeadlines go here … headlines go here … headlines go here
LONDON (AP) – Global stock markets rose sharply Thursday as investors grew increasingly confident that a trade war between the U.S. and China would be averted. Futures point to opening gains on Wall Street. Benchmark U.S. crude oil rose but remained under $66 a barrel. The dollar gained against the yen and the euro.

 

CHICAGO (AP) – Apple is hoping to return to the head of the class in the competition to get high-tech products into U.S. classrooms. The trend-setting company is expected to provide more details about its renewed emphasis on education Tuesday at a Chicago high school. The curriculum may include a lower-priced iPad and a variety of services tailored for students ranging from kindergarten through high school. Apple is trying to regain ground lost to rivals Google and Microsoft during the past few years.

 

DETROIT (AP) – Autonomous vehicles get all the headlines, but automakers are gradually adding advanced electronic safety features to human-driven cars as they step toward a world of self-driving vehicles. Car and tech companies are rolling out laser sensors, artificial intelligence, larger viewing screens that show more of the road, cameras that can read speed limit signs, and systems that slow cars ahead of curves and construction zones. Many of the new features repurpose cameras and radar that already are in cars for automatic emergency braking, pedestrian detection and other safety devices.

 

ATHENS, Greece (AP) – Europe’s bailout fund has approved a 6.7 billion euro ($8.32 billion) loan installment to Greece as part of its third international rescue program, with payment of the first 5.7 billion euros expected this week. The European Stability Mechanism said Tuesday’s approval came following the Greek government’s completion of a series of required reforms. The funds will be used to service the country’s debt and clear domestic arrears. The ESM said the initial 5.7 billion euros are to be disbursed Wednesday.

 

UNDATED (AP) – The collection of call and text histories by Facebook’s Andriod app has given the social media giant a big black eye and the answer to the why of it is more complicated than saying Google allowed it. Newer Android versions since 2015 gave users the ability to reject access to messaging and phone histories. But not all Android phone users have access to later versions, partly because carriers are slow to update. A lingering question is why Google initially set up Android as it did.

AP-WF-03-27-18 1202GMT