NEW YORK (AP) — U.S. stocks climbed early today, breaking a weeklong slump. Chevron and other oil and gas companies surged as the price of oil headed higher. At 10:35 a.m. Eastern Time, the Dow Jones industrial average was up 171 points, to 17,935. The S&P 500 rose 18 points, to 2,098. And the Nasdaq composite rose 44 points, to 5,058.
WASHINGTON (AP) — Republican leaders say the House will vote Friday on trade legislation that proposes giving President Barack Obama fast-track powers to offer trade proposals that Congress can ratify or reject, but not change. If the president gets it, he’s expected to push the long-negotiated Trans-Pacific Partnership with Japan, Malaysia, Canada, Mexico and several other countries. Many Democrats fear that trade deals eliminate jobs in the U.S.
DETROIT (AP) — A Louisiana woman who died after her Honda crashed on April 5 may be the seventh person killed by a faulty Takata air bag. A lawsuit filed in federal court Monday by the family of Kylan Langlinais says they received a recall notice two days after the crash. She died at a hospital on April 9 when the lawsuit alleges that her right carotid artery was severed by shrapnel from an exploding driver’s side air bag. The 22-year-old was driving a 2005 Honda Civic when the car hit a utility pole. The lawsuit says she had no other serious injuries.
COPENHAGEN, Denmark (AP) — Music streaming company Spotify says it’s gotten a new investment from a Nordic telecoms company as it looks to compete globally, especially with a rival service that Apple is due to launch this month. Swedish operator TeliaSonera is paying $115 million for a 1.4 percent stake, which would value Spotify at about $8.2 billion. Spotify offers free streaming music and a premium service for a monthly fee that lets users listen to music offline and without advertisements.
DALLAS (AP) — Amazon.com is opening a fourth fulfillment center in Texas with the latest site planned for Dallas. Amazon says the joint venture with Clarion Partners and Trammell Crow Company will create hundreds of full-time jobs. Workers at the Dallas center will process smaller items such as books, electronics and consumer goods for the e-commerce giant.