Commodities

Business Highlights

___ Tesla CEO drops latest bombshell with $72B buyout proposal SAN FRANCISCO (AP) — Tesla CEO Elon Musk is considering leading a buyout of the electric car maker in a stunning move that would end the maverick company's eight-year history trading on the stock market.

Business Highlights

___ PepsiCo's Indra Nooyi latest high-profile female CEO to exit PURCHASE, N.Y.

Business Highlights

___ US businesses cast wider net as jobless rate hits 3.9 pct.

Business Highlights

___ Financial fruit: Apple becomes 1st trillion-dollar company SAN FRANCISCO (AP) Apple has become the world's first publicly traded company to be valued at $1 trillion.

Asian markets flat after Apple value surpasses $1 trillion

World stocks indexes are falling Thursday after the Trump administration said it will consider an even higher tax rate of 25 percent on $200 billion in imports from China, raising the stakes in the trade war between the two largest economies.

Global stocks extend losses on China-US trade worries

Asian shares slipped Thursday, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports.

Business Highlights

___ Social media plays whack-a-mole with Russia interference NEW YORK (AP) — Facebook is spending heavily to avoid a repeat of the Russian interference that played out on its service in 2016.But it doesn't appear to have the upper hand yet — and may never.