Taxes

Asian stocks slip following sell-off on Wall Street

U.S. stocks are higher Tuesday morning as investors applaud strong first-quarter results from companies including machinery maker Caterpillar, appliance maker Whirlpool and Fifth Third Bancorp.

Business Highlights

___ IMF: A major trade rift could imperil solid global economy WASHINGTON (AP) — The International Monetary Fund warned that rising trade tensions between the United States and China risk undermining a global economy that the IMF believes should otherwise grow solidly this year.

In waning days, Maine lawmakers could weigh tax breaks

As the legislative session winds down, lawmakers in Maine are mulling over whether to consider the Republican governor's $90 million tax breaks proposal and a competing $52 million plan backed by Democrats.