The 145th Kentucky Derby takes place this weekend. But the state’s attorney general is warning that the legendary horse race draws more than sports fans. Like every major sporting event, the Derby also attracts human traffickers.
PG&E Corp on Wednesday sought court approval for a $105 million fund to help house victims of the wildfires blamed on the bankrupt California power provider. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/tttR3s8m2I0/pge-seeks-u-s-court-approval-for-105-mln-fund-to-help-wildfire-victims-idUSL1N22D1IO
* China industrial output, retail sales fall short of forecasts JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/MBKESJBNmY4/global-markets-asia-stocks-rebound-from-3-1-2-mth-lows-as-trade-fears-ease-idUSL4N22R1IW
Wearable device maker Fitbit Inc reported better-than expected first-quarter results and reaffirmed its full-year revenue forecast on Wednesday, as it sells more smartwatches and wearable devices that track health at affordable prices. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/jEJSLg794Pw/fitbit-results-beat-street-as-demand-for-wearable-devices-climb-idUSKCN1S74MW