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AP Top Business News at 1:41 p.m. EDT

US stocks surge with tech stocks taking the lead
NEW YORK (AP) -- U.S. stocks are jumping Tuesday afternoon as technology companies like Apple and Microsoft make big gains. Rising interest rates are giving bank stocks a lift. European indexes also climbed....

Monsanto rejectds $62B Bayer bid, but still open to talks
NEW YORK (AP) -- Monsanto is rejecting Bayer's $62 billion takeover bid, calling it "incomplete and financially inadequate....

Goodbye, empty nest: Millennials staying longer with parents
WASHINGTON (AP) -- Many of America's young adults appear to be in no hurry to move out of their old bedrooms....

US new-home sales jump to highest level in more than 8 years
WASHINGTON (AP) -- Americans ramped up their purchases of new homes in April to the highest level since January 2008, evidence of a strong start to the spring buying season....

A rising housing market lifts builders, home goods retailers
NEW YORK (AP) -- A new report from the U.S. that showed Americans are snapping up homes at a pace not seen since the housing bust-fueled recession pushed the trading of shares of all companies affiliated with the sector into overdrive Tuesday....

AP Interview: Qatar energy minister wants 'fair' oil price
DOHA, Qatar (AP) -- The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair price" to encourage necessary investment, Qatar's energy and industry minister said Tuesday, ahead of next week's meeting of OPEC producers....

French raid Google over 'aggravated tax fraud' allegations
PARIS (AP) -- French police have raided Google's Paris offices as part of an investigation into "aggravated tax fraud" and money laundering, authorities said Tuesday. The raid is the latest regulatory headache for the American search engine-and-email company, which like other Silicon Valley firms faces increasing questions about its complex tax arrangements....

Best Buy offers weak profit view, says CFO stepping down
NEW YORK (AP) -- Best Buy Co. on Tuesday offered a disappointing profit outlook for the current quarter, weighed in part by a recent earthquake in Japan that hurt the availability of some highly profitable products....

Cuba to legalize small and medium-sized private businesses
HAVANA (AP) -- Cuba announced Tuesday that it will legalize small- and medium-sized private businesses in a move that could significantly expand private enterprise in one of the world's last communist countries....

Teresa Heinz Kerry to step down as chair of Heinz Endowments
PITTSBURGH (AP) -- Teresa Heinz Kerry says she'll step down as chairwoman of the Heinz Endowments and her three sons will fill the position in a series of four-year rotations....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
A rising housing market lifts builders, home goods retailers

US stocks surge with tech stocks taking the lead

Goodbye, empty nest: Millennials staying longer with parents

Monsanto rejectds $62B Bayer bid, but still open to talks

Monsanto rejects $62 billion bid from Bayer to create global seed giant

Markets Right Now: Stocks move solidly higher on Wall Street

Luxury goods market seen slowing amid tourism chill

Americans have disparate access to retirement plans

US new-home sales jump to highest level in more than 8 years

Fiat Chrysler names new head of Alfa Romeo and Maserati