Currencies

Business Highlights

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

China tightens controls to slow currency's fall

China has tightened controls on trading in its yuan in a possible effort to stop a decline against the U.S. dollar that has raised the danger of an outflow of capital from the world's second-largest economy.

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.

Student charged in elaborate digital money theft scheme

A Massachusetts college student has been arrested in California on suspicion of using his tech skills to hack victims' personal cellphones and steal at least $2 million in digital currency like Bitcoin from their accounts.