Stocks

Anadarko, Sysco rise while Boeing, PetMed fall

Stocks that moved substantially or traded heavily on Monday: Anadarko Petroleum Corp., up $2.77 to $75.49 Occidental revised its bid for the oil company by raising its cash portion of the offer to $59 from $38 per share.

A grim preview of a trade war takes shape

U.S. companies that do a lot of business in China are getting hit hard in early trading after President Donald Trump threatened more tariffs with trade talks between the world's two biggest economies faltering.

Buffett says trade war with China would be bad for world

Warren Buffett says it's hard to know how a trade war between China and the United States would affect the economy if President Donald Trump follows through on his latest tariff threat because so many other countries are affected.

The Latest: Shares dive as Trump tweets rattle investors

The Latest on reaction to President Donald Trump's threat to raise tariffs on imports from China to 25% as of this coming Friday (all times local): 12:30 p.m. Chinese share benchmarks have plummeted more than 5% as threats by President Donald Trump to raise tariffs in the trade war with Beijing raised doubts over the likelihood of a deal between the two biggest economies.

IPOs bring tax jackpot for California; can lawmakers resist?

Uber and Airbnb are among at least six California-based companies valued at more than $1 billion expected to go public this year, creating a new class of millionaires and billionaires and a welcome quandary for the state's budget writers.

Business Highlights

___ Unemployment hits 49-year low as US employers step up hiring WASHINGTON (AP) — The April U.S. jobs report from the Labor Department showed that solid economic growth is still encouraging strong hiring nearly a decade into the recovery from the Great Recession.