Stocks

The Latest: Chinese envoy says trade talks didn't break down

The Latest on the tariffs standoff between the United States and China as trade talks are underway in Washington (all times local): 12:40 p.m. China's government says it will take "necessary countermeasures" in response to President Donald Trump's latest tariff hike on Chinese imports but gave no details of possible retaliation.

Business Highlights

___ US-China talks break up after US raises tariffs WASHINGTON (AP) — Trade talks between the U.S. and China have broken up with no agreement, hours after President Donald Trump more than doubled tariffs on $200 billion in Chinese imports.

How major US stock indexes fared Friday

The stock market ended a bumpy week with a late gain Friday as traders hoped that the latest flare-up in trade tensions between the U.S. and China will fade.

The Latest: Anadarko says it has a deal with Occidental

The Latest on bidding war for Anadarko Petroleum Corp. (all times local): 4:15 p.m. Anadarko says it has agreed to a buyout bid from Occidental Petroleum and will pay a $1 billion deal-termination fee to Chevron to end a rare bidding war in the oil patch.