Industrials

Business Highlights

___ US unemployment falls nearly to 1969 levels; hiring is solid WASHINGTON (AP) — Another month of strong hiring has driven U.S. unemployment down to 3.8 percent — just a tick away from the level last seen in 1969, when Detroit still dominated the auto industry and the Vietnam War was raging.

Trump tariffs on US allies draw retaliation threats

President Donald Trump's administration is planning to impose tariffs on European steel and aluminum imports after failing to win concessions from the European Union, a move that could provoke retaliatory tariffs and inflame trans-Atlantic trade tensions.

Washington state blamed for holding up fossil fuel exports

Republican lawmakers from Western states and industry executives on Thursday accused Washington state officials of unfairly blocking fossil fuel projects and dictating winners and losers among U.S. companies seeking to export products to Asia.

Oklahoma grand jury subpoenas Texas men in tracking case

The president of a Texas-based wind energy trade group has been subpoenaed to appear before an Oklahoma grand jury looking into a state lawmaker's claim that someone connected to the industry put a tracking device on his pickup.

The Latest: Prosecutor: Air marshals de-escalated situation

The Latest on a Delta Air Lines flight diverted to Tulsa, Oklahoma, because of an onboard disturbance involving a passenger (all times local): 2:10 p.m. Delta Air Lines is apologizing to customers whose plans were delayed because a flight from Portland, Oregon, to Atlanta had to land in Tulsa, Oklahoma, due to what it described as an unruly passenger.

Fed finds nationwide pickup in manufacturing activity

The Federal Reserve's latest survey of business conditions found manufacturing activity accelerating in many parts of the country in late April and early May, even as some businesses expressed concern about uncertainty cause by rising trade tensions.