Stocks slightly higher...Kia issues recall over air bags...Philly police have new trespass policy
Jun. 08, 2018
NEW YORK (AP) — Stocks are slightly higher with health care companies rising but technology companies taking small losses. Investors are treading cautiously as the Group of Seven summit gets started. Leaders from Canada and France say they will confront U.S. President Donald Trump over tariffs he is imposing.
NEW YORK (AP) — Consumer products makers, which have struggled for the last few months, are higher for the second day in a row. Monster Beverage climbed 5.2 percent after its annual shareholder meeting. And Tide maker Procter & Gamble gained 1.7 percent.
DETROIT (AP) — Kia is recalling over a half-million vehicles in the U.S. because the air bags may not work in a crash. Combined with a previous recall expansion by Hyundai, the affiliated automakers are recalling nearly 1.1 million vehicles due to the problem, which has been linked to four deaths.
PHILADELPHIA (AP) — The Philadelphia Police Department is announcing a new policy on how to confront people accused of trespassing on private property. It comes two months after coming under fire for arresting two black men waiting for a colleague at a Starbucks. Officers are now instructed to first attempt to de-escalate and mediate disturbances between property owners and accused offenders.
BOSTON (AP) — A bipartisan coalition of mayors says American cities are overwhelmingly driving the nation's economy. The U.S. Conference of Mayors, which is gathering in Boston, says in its latest "Metro Economies" report that metropolitan regions accounted for about 96 percent of the country's job growth in 2017. It says cities and their suburbs added nearly 2 million new jobs.