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Army plans Dakota Access oil pipeline environmental study

Blake Nicholson, Associated Press  |  Posted  Jan 18th - 8:23am

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.

US stock indexes mixed; bond yields and dollar climb again

Stan Choe, Associated Press  |  Posted  Jan 18th - 8:21am

U.S. stock indexes were mixed in a listless morning of trading Wednesday, while bond yields and the dollar moved higher again.

Pointed questions await Trump's pick for health secretary

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Jan 18th - 8:21am

With coverage for millions of people at stake, Rep. Tom Price is facing pointed questions about President-elect Donald Trump's health policies — and his own investments in health care companies — from senators considering his selection as health secretary.

Trump pick to lead EPA has spotty state environmental record

Sean Murphy and Michael Biesecker, Associated Press  |  Posted  Jan 18th - 8:21am

When President-elect Donald Trump's choice to head the U.S. Environmental Protection Agency first took office as Oklahoma's attorney general, he disbanded the unit responsible for protecting the state's natural resources.

The Latest: British Supreme Court to rule on Brexit Tuesday

The Associated Press  |  Posted  Jan 18th - 8:12am

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

Temple to rename communication school in honor of Lew Klein

The Associated Press  |  Posted  Jan 18th - 8:11am

Temple University has announced it will rename its School of Media and Communication to honor Philadelphia broadcast pioneer Lew Klein.

Goldman Sachs results beat estimates, helped by trading

Ken Sweet, Associated Press  |  Posted  Jan 18th - 7:51am

Goldman Sachs reported fourth-quarter earnings that beat analysts' forecasts Wednesday as the bank recovered from a difficult quarter a year earlier. Results were particularly strong at Goldman's trading desks in the last three months of the year.

The Latest: Dakota Access protest arrests surpass 600

The Associated Press  |  Posted  Jan 18th - 7:51am

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

Court ponders mass murderer Breivik's prison conditions

David Keyton, Associated Press  |  Posted  Jan 18th - 7:51am

An appeals court in Norway is considering whether the prison conditions under which mass murderer Anders Behring Breivik is being held amount to a violation of his human rights.

US consumer prices up moderate 0.3 percent in December

Martin Crutsinger, Associated Press  |  Posted  Jan 18th - 7:41am

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.

Target lowers 4Q profit and sales outlook

Anne D'Innocenzio, Associated Press  |  Posted  Jan 18th - 7:32am

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

US industrial output rose in December; best pace in 2 years

Josh Boak, Associated Press  |  Posted  Jan 18th - 7:23am

U.S. industrial production increased in December at the strongest pace in two years, as auto factories cranked out more vehicles and power plants helped heat homes and businesses.

US industrial output jumped in December at strongest pace in 2 years, as auto and utilities production increased

The Associated Press  |  Posted  Jan 18th - 7:20am

US industrial output jumped in December at strongest pace in 2 years, as auto and utilities production increased.

Germany's Deutsche Bank cuts bonuses following US settlement

The Associated Press  |  Posted  Jan 18th - 7:13am

Deutsche Bank is cutting its managers' bonuses for 2016, saying Wednesday that it needs to take "tough measures" in light of the company's performance and a settlement with the U.S. Justice Department.

Japan hotel chain under fire over denial of Rape of Nanking

Mari Yamaguchi, Associated Press  |  Posted  Jan 18th - 7:11am

A fast-growing Japanese hotel chain is facing criticism over a book penned by the chain's owner that says the Rape of Nanking was fabricated.

Citigroup's earnings beat analysts' forecasts

Ken Sweet, Associated Press  |  Posted  Jan 18th - 6:42am

Financial giant Citigroup reported a 7 percent rise in fourth quarter profits on Wednesday, helped by a strong performance in the bank's trading business, a theme that has repeated itself with all the major Wall Street banks this quarter.

Boris Johnson says Britain wants free trade deal with India

The Associated Press  |  Posted  Jan 18th - 6:03am

Visiting British Foreign Secretary Boris Johnson said Wednesday that his country would like to forge a free trade agreement with India as it prepares to leave the European Union.

Seoul court considers arrest of Samsung de facto head

Youkyung Lee, Associated Press  |  Posted  Jan 18th - 6:01am

A South Korean court is considering whether to approve the arrest of Samsung Electronics vice chairman Lee Jae-yong, one of the country's wealthiest business leaders, on charges of bribery and other offenses.

Luxury goods maker Burberry sales up over Christmas period

The Associated Press  |  Posted  Jan 18th - 6:00am

Luxury goods maker Burberry says retail sales rose in the three months including the critical Christmas season, as improved results in Asia helped reverse recent declines.

Coffee and a slice? 7-Eleven launches breakfast pizza

The Associated Press  |  Posted  Jan 18th - 6:00am

7-Eleven is offering a breakfast pizza.