Commodities

Business Highlights

___ Hope for US trade visit to China: A delay in harmful tariffs WASHINGTON (AP) — When Treasury Secretary Steven Mnuchin leads a delegation of American officials to Beijing next week, few analysts expect them to defuse a smoldering trade conflict with China.

Asian stocks slip following sell-off on Wall Street

U.S. stocks are higher Tuesday morning as investors applaud strong first-quarter results from companies including machinery maker Caterpillar, appliance maker Whirlpool and Fifth Third Bancorp.

Business Highlights

___ Sell-off in industrial, tech stocks sends Dow down 400 NEW YORK (AP) — After a strong start, U.S. stocks abruptly sold off Tuesday after machinery maker Caterpillar said it doesn't expect to top its first-quarter profit for the rest of the year.

Business Highlights

___ Wells Fargo fined $1B for mortgage, auto lending abuses NEW YORK (AP) — Wells Fargo will pay $1 billion to federal regulators to settle charges tied to misconduct at its mortgage and auto lending business, the latest punishment levied against the banking giant for widespread customer abuses.

Business Highlights

___ 2 black men arrested at Starbucks get an apology from police PHILADELPHIA (AP) — Two black men whose arrest at a Starbucks in Philadelphia has triggered a furor over racial profiling say they are pushing for changes to make sure that what they went through doesn't happen to anyone else.