Economic Indicators

BMW warns profits will fall due to costs, trade uncertainty

German automaker BMW says its profits this year will be "well below" last year's due to higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates.

Egads, Batman! Dubious interns cited in White House report

This year's Economic Report of the President credits an unusual group of interns that includes the alter egos of Batman, Spider-Man and Captain America, Monty Python alumnus John Cleese, Kathryn Janeway from "Star Trek: Voyager" and the corpulent Star Wars villain Jabba the Hutt.

Business Highlights

___ High-level US-China trade talks to resume next week WASHINGTON (AP) — Top U.S. trade and economic officials will visit China late next week for another round of negotiations, a White House official says.

Lawmakers want NFL's Panthers to practice in South Carolina

South Carolina lawmakers are taking steps to lure the Carolina Panthers to move their practice facility and operations across the North Carolina state line by introducing legislation that would provide tax credits and incentives to professional sports teams.

Sri Lanka to get $3.9B oil refinery next to Chinese-run port

Officials in Sri Lanka say a Singapore-based company and the government of Oman have pledged to build a $3.9 billion oil refinery next to a Chinese-controlled port that will be the largest foreign investment ever for the Indian Ocean island nation.