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APNewsBreak: Fishing groups seek Atlantic wind farm delay

Frank Eltman, Associated Press  |  Posted  Dec 8th - 8:50am

Commercial fishing companies, trade groups and three fishing-based municipalities are seeking to delay the lease sale of an Atlantic Ocean site between New York and New Jersey that federal officials envision as the home of a massive offshore wind energy project.

Grain lower, livestock mixed

The Associated Press  |  Posted  Dec 8th - 8:50am

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

EU puts Iran's Aseman Airlines on its air safety blacklist

The Associated Press  |  Posted  Dec 8th - 8:50am

The European Union has added Iran's Aseman Airlines to its blacklist of companies banned from European skies due to safety concerns.

European Central Bank adds half a trillion euros in stimulus

David McHugh, Associated Press  |  Posted  Dec 8th - 8:50am

The European Central Bank will pour another half-trillion euros ($579 billion) in newly printed money into the eurozone economy to support its recovery as the currency union heads into what could be a tumultuous election year.

Turkey's leader renounces foreign currencies to boost lira

Associated Press  |  Posted  Dec 8th - 8:50am

Turkey's leader has renounced foreign currencies in favor of the ailing lira currency in keeping with his appeal to Turkish citizens to do the same, his spokesman said Thursday, as a new measure was unveiled to help struggling businesses.

The Latest: Reid bids farewell to Senate

The Associated Press  |  Posted  Dec 8th - 8:40am

The Latest on the final days of the congressional session (all times EST):

Judge denies Aaron Schock's request to move case to Peoria

The Associated Press  |  Posted  Dec 8th - 8:30am

A federal judge in Illinois has refused to move Aaron Schock's corruption case from Springfield to Peoria at the former congressman's request.

US 30-year average mortgage rate rises to 4.13 percent

The Associated Press  |  Posted  Dec 8th - 8:11am

Long-term U.S. mortgage rates climbed for the sixth straight week in the aftermath of Donald Trump's election win, marking new highs for the year.

Energy company plans to close Michigan nuclear plant in 2018

The Associated Press  |  Posted  Dec 8th - 8:11am

An energy company announced plans Thursday to permanently close the Palisades nuclear power plant in southwestern Michigan in 2018, which could mean hundreds of job cuts for a major employer in the region if regulators approve the closure.

US indexes back away from record highs in early trading

Marley Jay, Associated Press  |  Posted  Dec 8th - 8:11am

US stocks are edging mostly lower in early trading Thursday as major indexes back away from record high levels. Gains in banks and technology shares were outweighed by losses in other sectors including health care and industrial stocks. Bond yields climbed, which sent high-dividend stocks lower.

Trump's choice for top China diplomat has long ties to Xi

Thomas Beaumont and Matthew Pennington, Associated Press  |  Posted  Dec 8th - 8:11am

It may seem odd for the governor of a lightly populated agricultural state to be chosen as U.S. ambassador to China, especially amid escalating talk of a trade war with the major U.S. trading partner.

Rollback of truck safety rules may be just the beginning

Joan Lowy and David Dishneau, Associated Press  |  Posted  Dec 8th - 8:00am

The trucking industry scored a victory this week when Republican lawmakers effectively blocked Obama administration safety rules aimed at keeping tired truckers off the highway. But there's more coming down the road.

Surgeon General calls youth vaping a public health threat

Lauran Neergaard, Associated Press  |  Posted  Dec 8th - 8:00am

The U.S. surgeon general is calling e-cigarettes an emerging public health threat to the nation's youth.

Looking behind the deal: Russia sells part of its oil giant

Nataliya Vasilyeva, Associated Press  |  Posted  Dec 8th - 7:50am

A surprise decision by Russia to sell a fifth of its state-controlled oil company to, among others, a Swiss company has raised questions about the impact of Western sanctions and who is behind the deal.

Markets Right Now: Slight gains keep Dow, S&P 500 at records

The Associated Press  |  Posted  Dec 8th - 7:41am

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

EU starts legal action against 4 states over VW emissions

The Associated Press  |  Posted  Dec 8th - 7:40am

The European Union is starting legal action against Britain, Germany, Spain and Luxembourg for not imposing penalties against Volkswagen for using illegal software to hide vehicle emissions.

The Latest: ECB chief sees potential turmoil from elections

The Associated Press  |  Posted  Dec 8th - 7:30am

The Latest on the European Central Bank's policy meeting (all times local):

Union president Jones challenges Trump on Carrier

The Associated Press  |  Posted  Dec 8th - 7:30am

The union president slammed by Donald Trump on Twitter challenged the president-elect Thursday to back up his claim that a deal to discourage Carrier Corp. from closing an Indiana factory would save 1,100 American jobs.

Claims for US unemployment aid slide again

Paul Wiseman, Associated Press  |  Posted  Dec 8th - 7:00am

Fewer Americans signed up for unemployment benefits last week, another sign the U.S. job market remains healthy.