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NEW YORK (AP) — Democratic presidential candidate Elizabeth Warren on Friday rolled out a proposal to break up the biggest U.S. technology companies, saying they have too much control over the economy and Americans' lives.In her pitch to rein in the influence of tech giants, the Massachusetts senator envisions legislation targeting companies with annual worldwide revenue of billion or more, limiting their ability to expand and forcing parts of Google and Amazon's current business structure to operate as separate entities.As president, Warren said she would pick regulators who would seek to break up what she called "anti-competitive mergers" such as Facebook's recent purchase of Instagram and Amazon's acquisition of Whole Foods.She made the pitch ahead of a rousing town hall appearance Friday in the New York City neighborhood where Amazon recently scrapped plans to open a new headquarters.It's Warren's latest effort to shape the policy agenda for the rest of the Democratic presidential primary, coming after earlier announcements of a "wealth tax" plan on households with high net worth and a universal child care proposal.Her tech agenda, coming at a time of rising public concern about the growing power of the dominant players, could force the rest of her rivals for the 2020 nomination to follow her lead.During remarks before a crowd of more than 1,000 people in Queens, Warren touted elements of her new tech-industry plan as part of her stump speech. She took aim at Amazon's search for lavish economic incentives from cities competing for its headquarters, likening the company's efforts to pit areas against each other to the dystopian film "The Hunger Games.""That's what's wrong with the system. It's not just that big tech companies like Amazon have enormous market power, which they do. They have enormous political power," Warren told the audience, describing the industry's lobbying expenditures as a "good return on investment if they can keep Washington from enforcing the antitrust laws."It remains to be seen whether Warren will introduce legislation in the current Congress aligning with the first element of her plan. A spokeswoman, Kristen Orthman, said a bill introduction was not imminent.Warren's latest policy proposal also promised to be a central element of her scheduled visit Saturday to the South by Southwest conference in Austin, Texas.Sen. Kamala Harris of California represents the tech industry's home state, while Sen. Cory Booker has come under scrutiny for his past ties to tech companies — though he's stepped up his criticism of the industry in recent years.Facebook spokeswoman Monique Hall said the company had no comment on Warren's proposal. Representatives for Google, Amazon, Microsoft and Apple did not immediately respond to a request for comment. 2822
NEW YORK (AP) -- The Dow Jones Industrial Average climbed above 27,000 for the first time ever Thursday. The S&P 500 also hit a closing high milestone of its own Thursday, a day after its first move above 3,000.Steep losses in drugmakers and real estate companies were offset by gains for banks and technology companies.Nvidia climbed 3.9% and Goldman Sachs rose 2.6%.Pharmaceutical makers dropped after the White House scrapped a plan to overhaul a system of rebates those companies pay to insurers and distributors.Bond yields spiked following weak demand at an auction for 30-year Treasurys.The S&P 500 rose 6 points, or 0.2%, to 2,999.The Dow rose 227 points, or 0.8%, to 27,088. The Nasdaq fell 6 points, or 0.1%, to 8,196. 744

NEW YORK (AP) — The head of the U.S. communications regulator said T-Mobile's nationwide, hours-long outage Monday was "unacceptable" and that the Federal Communications Commission will investigate. The FCC has fined telecom companies in the past for network outages. RELATED: Major wireless carriers experiencing outages throughout U.S.T-Mobile, one of the country's three largest wireless service providers, said it had a "voice and text issue" that began around noon EDT Monday. T-Mobile's President of Technology Neville Ray tweeted that everything was restored."Voice and text services are now restored," T-Mobile Neville Ray tweeted. "Thank you for your patience as we fixed the issues. We sincerely apologize for any and all inconveniences." 756
NEW YORK (AP) — ABC will air “Black Panther” commercial-free Sunday as a prime-time tribute to Chadwick Boseman. The film will be followed by an ABC News Special, “Chadwick Bosmeman: A Tribute for a King.” Disney said the special “will celebrate Boseman’s storied life, legacy and career” and “shine a light on the medical condition he privately battled.” Boseman died Friday after a four-year battle with colon cancer. He was 43. The film will be broadcast at 8 p.m. EDT, with the special beginning at 10:20 p.m. EDT. 526
New Mexico Democrat Deb Haaland and Kansas Democrat Sharice Davids became the first Native American women elected to Congress this week.Davids identifies as a lesbian, making her the first openly LGBT member of Congress from Kansas. She will enter Congress as a lawyer and a former mixed martial arts fighter.They are not alone in creating history: the first Muslim women, Rashida Tlaib (a Michigan Democrat) and Ilhan Omar (a Minnesota Democrat) were also elected to US Congress. Tlaib is endorsed by the Democratic Socialists of America, a burgeoning left-wing group that also counts New York Democratic congressional nominee Alexandria Ocasio-Cortez among its members.Omar, in addition to being one of the first Muslim women in Congress, will also be the first Somali-American member. She came to the US more than two decades ago as a refugee. Tlaib actually campaigned with Omar ahead of the latter's primary race earlier this year.In Colorado, Democratic US Rep. Jared Polis will be the state's next governor, becoming the nation's first openly gay man elected to a governor's mansion.During his gubernatorial bid, Polis has pushed for universal health care, free early childhood education and progressing Colorado to a 100% renewable energy state.This election also saw an age record set: New York Democratic congressional nominee Alexandria Ocasio-Cortez won her general election race easily and became the youngest woman ever in Congress.Having turned 29 last month, Ocasio-Cortez inched out the previous holder of the distinction, New York Democratic Rep. Elise Stefanik, who was elected to Congress at age 30. 1673
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