NEW YORK (AP) — Stocks are moving broadly higher after a two-day losing streak. Technology and industrials stocks have accounted for a big slice of the rally. Energy companies rose as crude oil prices recovered from an early slide. Bond yields declined after spiking to four-year highs a day earlier amid rekindled fears of higher inflation and interest rates.
DETROIT (AP) — Toyota has four of the 10 vehicles on Consumer Reports’ annual top picks, the most of any brand. The Toyota Corolla and Toyota Camry are the magazine’s choice for best small and midsize cars. The Toyota Sienna led the minivan category and the Toyota Highlander is the best midsize SUV. Genesis, Audi, BMW, Lexus and Porsche were the top-performing brands in the survey.
DETROIT (AP) — A veteran executive who has led Ford’s Lincoln luxury brand will now head the company’s American operations. Kumar Galhotra will replace Raj Nair next week. Nair was ousted this week over allegations of inappropriate behavior. The company says Galhotra will lead all aspects of the North American business, the company’s primary source of revenue and profits.
PHOENIX (AP) — Southwest Airlines says a child was hurt by a support dog as passengers boarded a plane in Phoenix. A passenger tweeted that the dog bit the girl as she approached and that she screamed and cried. Southwest said today that the dog’s teeth “scraped a child’s forehead” and that paramedics checked the child, who was not identified. The child stayed on yesterday’s flight, while the dog and its owner stayed behind. The incident came as Delta and United airlines prepare to crack down on emotional-support animals on planes.
WASHINGTON (AP) — A new study gives the first global snapshot of how extensive industrial fishing is. Researchers found more than 55 percent of the world’s oceans are fished commercially. Five countries are responsible for 85 percent of high seas fishing. The study is published in the journal Science.