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Trump taps former campaign rival Carson as housing secretary

Julie Pace, Associated Press  |  Posted  Dec 5th - 10:31am

President-elect Donald Trump, moving to complete formation of his Cabinet and decide other key posts, chose former campaign rival Ben Carson on Monday to be secretary of the Department of Housing and Urban Development.

Report: train carrying BMWs derails, 97 automobiles damaged

The Associated Press  |  Posted  Dec 5th - 10:23am

Authorities say a train carrying BMWs from an automaking plant in South Carolina has derailed and that 97 of the vehicles were damaged.


Amazon opens a grocery store with no checkout line

Seth Fiegerman, CNN  |  Posted  Dec 5th - 10:22am

Amazon has gone after book stores, retail chains and electronics shops. Now it's taking on grocery stores, with a twist.

Greece tries to convince European creditors it's met targets

The Associated Press  |  Posted  Dec 5th - 10:21am

Greece's finance minister is trying to convince his counterparts in the 19-nation eurozone that his country has delivered on the reform promises made in return for the bailout money that saw off bankruptcy and a potential exit from the euro.

US services firms grow at fastest pace since October 2015

Paul Wiseman, Associated Press  |  Posted  Dec 5th - 10:21am

U.S. services companies expanded last month at their fastest pace in more than a year, an encouraging sign for the economy.

Dow hits another record as banks and oil continue to climb

Marley Jay, Associated Press  |  Posted  Dec 5th - 10:21am

U.S. stocks are resuming their climb Monday, led by gains in bank stocks, sending the Dow Jones industrial average to another record high. Technology companies, which have weakened since the presidential election, recovered some of their recent losses. European stocks were mostly higher, but Italy's market fell after Italian voters rejected constitutional changes and the country's premier said he would resign.

The Latest: DC mayor to meet with Trump at her request

The Associated Press  |  Posted  Dec 5th - 10:14am

The Latest on President-elect Donald Trump (all times EST):

Republican success opens door to amending US Constitution

David A. Lieb, Associated Press  |  Posted  Dec 5th - 10:11am

The November election put Republicans in full control of a record number of state legislatures around the country, a level of power that gives the party an unprecedented opportunity: change the U.S. Constitution.

Can't buy love? Drug price hikes put sex beyond reach

Linda A. Johnson, Associated Press  |  Posted  Dec 5th - 10:11am

Imagine not being able to afford one of life's great pleasures — sex.

Markets Right Now: Dow at another high in midday US trading

The Associated Press  |  Posted  Dec 5th - 10:00am

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

Lufthansa, GE invest in aircraft engine plant in Poland

Monika Scislowska, Associated Press  |  Posted  Dec 5th - 9:51am

Lufthansa and General Electric will jointly invest some 250 million euros ($270 million) in Poland to build a plant that will service aircraft engines starting in 2018, authorities said Monday.

Italy's political landscape after referendum

Colleen Barry, Associated Press  |  Posted  Dec 5th - 9:51am

The outcome of the referendum on constitutional reforms in Italy has prompted Premier Matteo Renzi to announce his resignation after 2 ½ years in office. Here is a look at the political landscape in Italy following the result.

Dallas mayor files lawsuit to stop pension withdrawals

The Associated Press  |  Posted  Dec 5th - 9:50am

Dallas Mayor Mike Rawlings has filed a lawsuit to stop the Dallas Police and Fire Pension system from allowing retirees to pull their deferred retirement funds from the ailing system.

Paris to implement 24-hour crackdown on vehicle emissions

The Associated Press  |  Posted  Dec 5th - 9:40am

Paris' Police authority is again cracking down on the city's rocketing air pollution with a 24-hour traffic-regulating scheme that aims to halve the day's emissions from road vehicles.

87 escape Kenya psych hospital as medics strike nationwide

Tom Odula, Associated Press  |  Posted  Dec 5th - 9:31am

At least 87 patients escaped from Kenya's only psychiatric hospital after they were left unattended when medical workers at public hospitals went on strike nationwide, officials said Monday.

Tyson announces plans for $150 million venture fund

The Associated Press  |  Posted  Dec 5th - 9:30am

Arkansas-based Tyson Foods Inc. announced plans Monday to create a venture fund aimed at developing innovations in food production.

Sleek casino with Bob Dylan art opening outside Washington

Brian Witte, Associated Press  |  Posted  Dec 5th - 9:30am

Far from the Las Vegas Strip, MGM Resorts International opens its $1.4 billion MGM National Harbor casino and resort just outside the nation's capital this week, advertising a gambling floor "bigger than the White House" and an art collection that includes a large welded collage by Bob Dylan.

New VW firm to focus on mobility services like ride sharing

The Associated Press  |  Posted  Dec 5th - 9:20am

Volkswagen is launching a new company dedicated to car sharing and other "mobility services" in which people may need a ride but don't necessarily want to own the car.

Iran seeks more cooperation with Saudi Arabia

The Associated Press  |  Posted  Dec 5th - 9:20am

Iran's Foreign Ministry spokesman says the Islamic Republic and its regional rival Saudi Arabia can and should cooperate to resolve regional crises.