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Denmark receives Panama Papers data to fight tax dodging

Jan M. Olsen, Associated Press  |  Posted  Sep 29th - 9:11am

Denmark has received data leaked from a Panamanian law firm that helped customers open offshore companies to avoid paying taxes, authorities said Thursday, adding they paid nearly 6 million kroner ($902,500) for it.

Wells Fargo CEO faces lawmakers, apologizes again

Marcy Gordon and Ken Sweet, Associated Press  |  Posted  Sep 29th - 9:03am

Wells Fargo's CEO, newly stripped of tens of millions in compensation in a scandal over sales practices, told angry lawmakers Thursday the bank is expanding its review of accounts and will evaluate executives' roles.

The Latest: Lawmaker says 1 person killed in train crash

The Associated Press  |  Posted  Sep 29th - 9:01am

The Latest on the commuter train that crashed into a station in New Jersey (all times local):

Grain mixed, livestock mixed

The Associated Press  |  Posted  Sep 29th - 9:01am

Grain futures were mixed Thursday in early trading on the Chicago Board of Trade.

Volvo recalls 44K vehicles; leak can cause air bag problem

The Associated Press  |  Posted  Sep 29th - 9:01am

Volvo is recalling about 44,000 cars and SUVs in the U.S. because the air conditioning can leak water into the vehicles and cause air bags to malfunction.

Redstone push is on to reunite CBS and Viacom

Mae Anderson, Associated Press  |  Posted  Sep 29th - 9:01am

Media mogul Sumner Redstone's firm is calling for CBS and Viacom to combine again, more than a decade after they went their separate ways.

Denmark's crown prince couple kick off 2-day Boston trip

The Associated Press  |  Posted  Sep 29th - 9:01am

Denmark's Crown Prince Frederik and Crown Princess Mary are kicking off a two-day trade mission to Boston.

Neighbors anxious after Florida sinkhole contaminates water

Tamara Lush and Jason Dearen, Associated Press  |  Posted  Sep 29th - 9:00am

Neighbors of a huge sinkhole sending cascades of contaminated water and fertilizer plant waste into Florida's main drinking-water aquifer are fearful and fuming that it took weeks for them to be notified about the disaster.

New satellite channel to be talk radio for music fans

The Associated Press  |  Posted  Sep 29th - 8:51am

It seems like a contradiction in terms, but the SiriusXM satellite radio network is launching a talk channel devoted to music.

OPEC deal shows cartel's resolve _ and desperation

Aomar Ouali and Pan Pylas, Associated Press  |  Posted  Sep 29th - 8:51am

OPEC's unexpected agreement to trim production shows the cartel still has the resolve — and even desperation — to try to guide energy markets higher. But don't expect triple-digit oil prices anytime soon.

Economic growth in sub-Saharan Africa to fall to 1.6 percent

The Associated Press  |  Posted  Sep 29th - 8:41am

A new World Bank report says economic growth across sub-Saharan Africa is projected to fall to 1.6 percent in 2016, the lowest level in more than two decades. Growth was 3 percent last year.

Hotel workers seek new safety measures after freezer death

Jeff Martin, Associated Press  |  Posted  Sep 29th - 8:41am

Federal regulators and hotel employees are calling for new safety measures after a worker was found dead inside a walk-in freezer at the Westin Peachtree Plaza in downtown Atlanta.

AP EXPLAINS: US ceding control of core Internet systems

Anick Jesdanun, Associated Press  |  Posted  Sep 29th - 8:30am

On Saturday, the U.S. government plans to cede control of some of the internet's core systems — namely, the directories that help web browsers and apps know where to find the latest weather, maps and Facebook musings.

US pending home sales slump in August

Josh Boak, Associated Press  |  Posted  Sep 29th - 8:21am

Fewer Americans signed contracts to buy homes in August, as a shortage of properties for sale is weighing on the market.

New Jersey Transit spokeswoman: More than 100 injured, some critically, in Hoboken commuter train crash

The Associated Press  |  Posted  Sep 29th - 8:21am

New Jersey Transit spokeswoman: More than 100 injured, some critically, in Hoboken commuter train crash.

PepsiCo's drinks, snacks boost sales in North America

The Associated Press  |  Posted  Sep 29th - 8:12am

PepsiCo sold more of its beverages and Frito-Lay snacks in North America during the third quarter, helping it deliver a profit that beat Wall Street expectations.

Supreme Court to hear 'swipe fees' case

The Associated Press  |  Posted  Sep 29th - 8:01am

The Supreme Court will hear a dispute over state laws that prohibit merchants from imposing fees on customers who use credit cards.

Cambodian agrees to raise minimum wage for garment workers

Sopheng Cheang, Associated Press  |  Posted  Sep 29th - 7:50am

The Cambodian government has agreed to raise the minimum wage for clothing and footwear workers, a move that could help placate workers in the country's biggest export industry.

Markets Right Now: Stocks are off to a mixed start

The Associated Press  |  Posted  Sep 29th - 7:50am

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