Industrials

AP sources: US, Emirates near deal to solve air subsidy spat

The United States and the United Arab Emirates are nearing a deal to resolve a years-old spat over alleged government subsidies to Emirati airlines that the major U.S. airlines claim have tilted the competition against them, four individuals familiar with the negotiations told The Associated Press.

Former coal lobbyist confirmed as No. 2 official at EPA

Senate Republicans are moving to confirm a former coal industry lobbyist as the second-highest official at the Environmental Protection Agency, putting him next in line if embattled administrator Scott Pruitt were forced out.

Latest: California agency OKs $11B twin water tunnels plan

The Latest on California's proposal to build two giant water tunnels (all times local): 3:50 p.m. California's largest water agency has approved a nearly $11 billion plan to help fund two enormous delivery tunnels, breathing new life into Gov.

Asian shares meander following gains on upbeat trade talk

Stocks are rising on Wall Street Tuesday after Chinese President Xi Jinping offered possible concessions in a trade dispute with the U.S. Xi promised to reduce China's tariffs on imported cars and to improve intellectual property protection, steps that could help the U.S. and China reduce recent tensions over trade.