Swiss watchmaker Swatch apologies for ad showing gesture seen as racist

GENEVA (AP) – Swiss watchmaker Swatch apologized Monday for an ad campaign that upset consumers in China and elsewhere and said it had “immediately removed all related materials worldwide.”

Google fined $36M for anticompetitive deals with Australia's largest telcos

MELBOURNE, Australia (AP) – Google has agreed to pay a 55 million Australian dollar ($36 million) fine for signing anticompetitive deals with Australia’s two largest telcos that banned the installation of competing search engines on some smartphones, the U.S. tech giant and Australia’s competition watchdog said.

Editorials from Wall Street Journal, The New York Times, Washington Post and others

Excerpts from recent editorials in the United States and abroad:

UnitedHealth Group shares climb as Buffett's Berkshire Hathaway discloses stake

Shares of UnitedHealth Group are surging before the market open Friday as Warren Buffett’s Berkshire Hathaway disclosed that it recently purchased shares of the beleaguered insurer.

Japan's economy grows at 1% pace last quarter despite tariffs

TOKYO (AP) – The Japanese economy grew at a better than expected 1% annual pace in the last quarter, boosted by exports that held up despite U.S. President Donald Trump’s higher tariffs.

US Retail sales rise a solid 0.5% in July

NEW YORK (AP) – Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they appear to shrug off President Donald Trump’s tariffs, which are starting to take a toll on jobs and lead to some price increases. Retail sales rose a solid 0.5% last month, and June spending was stronger than expected.

U.S. Producer Prices Surge in July as Trump Tariffs Push Costs Higher

WASHINGTON (AP) – U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way. The index had it’s biggest jump in more than three years. The numbers were much higher than economists had expected.

Warren Buffett reveals new investments in Nucor, homebuilders Lennar and DR Horton

OMAHA, Neb. (AP) – Berkshire Hathaway revealed three new investments Thursday in steelmaker Nucor and two of the nation’s biggest homebuilders – Lennar and DR Horton – but none of the investments are big enough to ensure that legendary investor Warren Buffett handled them.