Stocks

Global stocks extend losses on China-US trade worries

Asian shares slipped Thursday, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports.

Business Highlights

___ Social media plays whack-a-mole with Russia interference NEW YORK (AP) — Facebook is spending heavily to avoid a repeat of the Russian interference that played out on its service in 2016.But it doesn't appear to have the upper hand yet — and may never.

The Latest: Tesla posts $717.5M 2Q loss, burns $739.5M cash

The Latest on Tesla Inc.'s second-quarter results (all times local): 1:15 p.m. Tesla burned through $739.5 million in cash last quarter as it geared up a factory to crank out more electric cars, leading to a $717.5 million net loss.

How major US stock indexes fared Wednesday

Apple surged to its biggest gain in a year and a half Wednesday and drew closer to $1 trillion in value after it reported stronger iPhone sales and rising prices.

How major US stock indexes fared Tuesday

U.S. stocks rose Tuesday following strong results from industrial and health care companies as well as a report that the U.S. and China are trying to restart trade talks.