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Records show Trump EPA pick crusading for industry donors

Sean Murphy and Michael Biesecker, Associated Press  |  Posted  Jan 18th - 6:51am

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.

Army plans Dakota Access oil pipeline environmental study

The Associated Press  |  Posted  Jan 18th - 6:51am

The Army says it's planning to study the potential environmental impact of routing the $3.8 billion Dakota Access pipeline under the Missouri River in North Dakota, although a judge could stall the study.

Pointed questions await Trump's pick for health secretary

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Jan 18th - 6:51am

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.

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.

Germany's Deutsche Bank cuts bonuses following US settlement

The Associated Press  |  Posted  Jan 18th - 6:41am

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

Goldman Sachs results beat estimates, helped by trading

Ken Sweet, Associated Press  |  Posted  Jan 18th - 6:33am

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: Merkel says Brexit must not divide Europe

The Associated Press  |  Posted  Jan 18th - 6:31am

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

Target lowers 4Q profit and sales outlook

Anne D'Innocenzio, Associated Press  |  Posted  Jan 18th - 6:30am

Target cut its fourth-quarter profit and sales outlook after the discounter says it had sluggish holiday sales and traffic in its stores that offset a surging online business.

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.

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

Jill Lawless, Associated Press  |  Posted  Jan 18th - 5:50am

British Prime Minister Theresa May's promise of a clean but friendly exit from the European Union drew strikingly different responses Wednesday: optimism in Britain, skepticism on the other side of the English Channel.

World stocks turn lower as investors monitor volatile dollar

Kelvin Chan, Associated Press  |  Posted  Jan 18th - 5:42am

World stocks mostly fell Wednesday after a sharp drop in the dollar shook investor enthusiasm.

The Latest: Iran warns Trump about trying to undo nuke deal

The Associated Press  |  Posted  Jan 18th - 5:31am

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

Airbnb, others sued in France for alleged unfair practices

The Associated Press  |  Posted  Jan 18th - 5:20am

A group of French hoteliers and real estate agents has launched a lawsuit targeting accommodation-rental platforms, including Airbnb, arguing that their practices amount to unfair competition.

Greece sells state-owned railway operator to Italian firm

The Associated Press  |  Posted  Jan 18th - 4:40am

Greece's privatization agency has signed a deal to sell the country's state-owned Trainose railway operator to Italian state's Ferrovie dello Stato Italiane for 45 million euros ($48 million).

VW will appeal court order to buy back customer's diesel car

Frank Jordans and David McHugh, Associated Press  |  Posted  Jan 18th - 4:30am

Volkswagen says it will appeal a court ruling that it must buy back a German customer's diesel car rigged to cheat on emissions tests.

The Latest: Shortness of breath prompts Bush hospital visit

The Associated Press  |  Posted  Jan 18th - 4:30am

The Latest on the hospitalization of former President George H.W. Bush (all times local):