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French regulators lure British companies as EU exit looms

The Associated Press  |  Posted  Sep 28th - 8:51am

The markets authority in France has a message for UK-based companies: We want you.

UPDATED

Trump has turned over tax returns — for lawsuits and loans

Chad Day and Jeff Horwitz, Associated Press  |  Posted  Sep 28th - 8:41am

While Donald Trump won't publicly release his income tax returns, the New York businessman has turned them over when it suited his needs — if he stood to make a profit, needed a loan or when a judge forced him.

Honda says Takata air bag ruptured in Malaysia crash, 1 dead

The Associated Press  |  Posted  Sep 28th - 8:33am

Japanese automaker Honda said Wednesday a Takata air bag ruptured in a crash in Malaysia which killed the driver, in the fifth such case in the country.

Stock indexes edge higher in early trading

Marley Jay, Associated Press  |  Posted  Sep 28th - 8:31am

U.S. stock markets are slightly higher in a quiet start to Wednesday trading as energy companies rise with the price of oil. Phone and utility companies are slipping. Beer makers AB InBev and Molson Coors are rising after SABMiller's shareholders approved the $103 billion deal that will combine InBev with SABMiller, forming the world's largest brewe.

UK's globalized car industry wary of Brexit impact

Gregory Katz and Angela Charlton, Associated Press  |  Posted  Sep 28th - 8:30am

This should be a fine time for British carmakers, with sales on the rise, but for one major storm front — the impossible-to-predict ramifications of the country's vote to leave the European Union.

Takata sells auto interiors unit as recall costs rise

The Associated Press  |  Posted  Sep 28th - 8:22am

Troubled air bag maker Takata Corp. of Japan is selling its automotive interior trim and seating material operation, raising cash as its inflator recall costs continue to mount.

Yellen defends tougher banking regulations

Martin Crutsinger, Associated Press  |  Posted  Sep 28th - 8:21am

Federal Reserve Chair Janet Yellen says the financial health of the nation's banking system has strengthened considerably since the 2008 financial crisis, in part because of tougher regulations passed by Congress in 2010.

Owner of Malaysia's Proton shortlists 5 bids for equity sale

The Associated Press  |  Posted  Sep 28th - 8:10am

The owner of Malaysian national carmaker Proton said Wednesday it has shortlisted five potential foreign partners for a tie-up that includes an equity sale aimed at reviving the loss-making company.

The Latest: John Warner says Trump disrespects military

The Associated Press  |  Posted  Sep 28th - 8:10am

The Latest on the U.S. presidential election (all times EDT):

Wells Fargo claws back part of CEO, other executive's salary

Ken Sweet, Associated Press  |  Posted  Sep 28th - 8:07am

Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to stem a scandal over its sales practices.

Fired officer apologizes for racial slur on social media

The Associated Press  |  Posted  Sep 28th - 8:01am

A white Pennsylvania police officer who was fired for a social media post that included a racial slur is apologizing.

French government plans tax cuts in its 2017 budget

The Associated Press  |  Posted  Sep 28th - 8:01am

The French government has presented a 2017 budget plan that includes 1 billion euros ($1.1 billion) in tax cuts expected to benefit 5 million low and middle-income households.

Buckingham Palace official jailed over bribes for contracts

The Associated Press  |  Posted  Sep 28th - 8:01am

A former British royal official has been sentenced to five years in prison for taking more than 100,000 pounds ($130,000) in bribes to award contracts for work at Buckingham Palace and other royal residences.

EU launches anti-trust probe into Deutsche Boerse-LSE merger

The Associated Press  |  Posted  Sep 28th - 7:50am

The European Commission has launched a probe into the planned merger of Germany's Deutsche Boerse AG and the London Stock Exchange Group over concerns the move could stifle competition.

Markets Right Now: US stocks open higher

The Associated Press  |  Posted  Sep 28th - 7:50am

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

Tribune Media completes sale of Tribune Tower, other assets

The Associated Press  |  Posted  Sep 28th - 7:40am

Tribune Media has completed the sale of several real estate assets, including the Tribune Tower in Chicago.

Ford recalls Focus hatchbacks for latch release problem

The Associated Press  |  Posted  Sep 28th - 7:30am

Ford is recalling about 74,000 Focus hatchback cars with manual transmissions in the U.S. and Canada because the hatches can be unlatched too easily while the cars are moving.

Germany's Lufthansa acquiring remainder of Brussels Airlines

The Associated Press  |  Posted  Sep 28th - 7:10am

Germany's Lufthansa says it is taking over Brussels Airlines, exercising its option to acquire the remaining 55 percent stake in its parent company, SN Airholding.

Tie-up of world's biggest beer makers clears final hurdle

Danica Kirka, Associated Press  |  Posted  Sep 28th - 7:00am

A deal worth over $100 billion to combine the world's two biggest beer companies cleared its last major hurdle Wednesday when the shareholders of SABMiller approved the takeover by Budweiser maker Anheuser-Busch InBev.