News  /  Biz  / 


DJIA 19776.03 -50.74
Nasdaq 5539.21 +0.48
S&P 500 2266.98 -0.91

Most Recent

In break with Trump, EPA pick says climate change isn't hoax

Michael Biesecker and Matthew Daly, Associated Press  |  Posted  Jan 18th - 11:13am

Donald Trump's choice to head the U.S. Environmental Protection Agency told senators Wednesday that climate change is real, breaking with both the president-elect and his own past statements.

EU, UK take contrasting messages from May's Brexit speech

Jill Lawless and Raf Casert, Associated Press  |  Posted  Jan 18th - 11:11am

European Union leaders on Wednesday punctured U.K. optimism about a smooth and mutually beneficial divorce between Britain and the EU, declaring that, no matter what British Prime Theresa May thinks, Britain can't dictate the terms of the separation.

Army plans Dakota Access oil pipeline environmental study

Blake Nicholson, Associated Press  |  Posted  Jan 18th - 11:03am

The Army has started the process of launching a full environmental study of the $3.8 billion Dakota Access pipeline's disputed crossing of the Missouri River in North Dakota, though a federal judge could stop the effort.

GM to pay $1M penalty for ignition switch accounting trouble

The Associated Press  |  Posted  Jan 18th - 11:02am

General Motors will pay the federal government a $1 million civil penalty for violating accounting rules involving the company's deadly ignition switch scandal.

The Latest: Health nominee questioned on tobacco stock

The Associated Press  |  Posted  Jan 18th - 11:01am

The Latest on Congress (all times EST):

Colombia leader says peace talks to start with rebel group

The Associated Press  |  Posted  Jan 18th - 11:01am

Colombian President Juan Manuel Santos says rebels belonging to the National Liberation Army have agreed to free a captive politician, clearing the way for formal peace talks with the country's second-largest rebel group to begin next month.

The Latest: Tribe applauds Dakota Access crossing study

The Associated Press  |  Posted  Jan 18th - 11:01am

The Latest on disputes over the construction of the Dakota Access oil pipeline in North Dakota (all times local):

Target cuts profit, sales outlook after bumpy holiday season

Anne D'Innocenzio, Associated Press  |  Posted  Jan 18th - 10:54am

Target cut its fourth-quarter profit and sales outlook after sluggish holiday traffic in its stores and weak sales in key areas like electronics and food offset a surging online business.

JPMorgan settles mortgage discrimination lawsuit

Ken Sweet and Larry Neumeister, Associated Press  |  Posted  Jan 18th - 10:42am

JPMorgan Chase will pay $55 million to settle federal charges that independent brokers working for the bank discriminated against minorities seeking home mortgages during the housing crisis.

Justices raise doubts over law barring offensive trademarks

Sam Hananel, Associated Press  |  Posted  Jan 18th - 10:41am

The Supreme Court raised doubts Wednesday about a law that bars the government from registering trademarks that are deemed offensive.

The Latest: Police chief thinks Brexit won't increase crime

The Associated Press  |  Posted  Jan 18th - 10:41am

The Latest on Britain's decision to leave the European Union (all times local):

Trump's strategy on Mexico could be 'dagger at Ohio'

Pan Pylas, Associated Press  |  Posted  Jan 18th - 10:30am

President-elect Donald Trump's threats to firms using Mexico as a manufacturing base will be counterproductive and could eventually cost thousands of American jobs, Lawrence Summers, the former U.S. Treasury Secretary, warned Wednesday.

New Silk Road? 1st China-London freight train arrives

Sylvia Hui, Associated Press  |  Posted  Jan 18th - 10:25am

The first direct freight train service from China to Britain arrived in London Wednesday, another leg in Beijing's plans for closer trade ties with Europe along a modern-day Silk Road.

Price says affordability, access key to health care reform

Ricardo Alonso-Zaldivar and Alan Fram, Associated Press  |  Posted  Jan 18th - 10:23am

President-elect Donald Trump's pick for health secretary said Wednesday that access and affordability were his goals for health care reform, and he offered assurances that the new administration is not planning to launch a Medicare overhaul.

US stock indexes stay stuck; bond yields and dollar rise

Stan Choe, Associated Press  |  Posted  Jan 18th - 10:22am

U.S. stock indexes stuck to their holding pattern Wednesday, as the Standard & Poor's 500 index entered its most listless stretch of trading in more than three years. Bond yields and the dollar resumed their moves higher.

US consumer prices up moderate 0.3 percent in December

Martin Crutsinger, Associated Press  |  Posted  Jan 18th - 10:11am

U.S. consumer prices, driven up by rising energy costs, rose moderately in December, closing out a year in which consumer inflation rose at the fastest pace in five years.

Florida city settles with 2 men injured in Zombicon shooting

The Associated Press  |  Posted  Jan 18th - 10:11am

The city of Fort Myers, Florida, has settled lawsuits with two people who were wounded during a shooting at a Zombicom festival.

The Latest: Colombia expects more progress in peace talks

The Associated Press  |  Posted  Jan 18th - 10:10am

The Latest on the World Economic Forum in Davos, Switzerland (all times local):

Markets Right Now: US stocks are mixed at midday

The Associated Press  |  Posted  Jan 18th - 10:02am

The latest on developments in financial markets (All times local):

CSX railroad expects modest profit growth in 2017

Josh Funk, Associated Press  |  Posted  Jan 18th - 10:01am

CSX railroad officials expect profits to grow this year as the economy improves modestly, coal demand stabilizes and President-elect Donald Trump pursues reforms.