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Goldman tops Street 4Q forecasts

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

Goldman Sachs Group Inc. (GS) on Wednesday reported fourth-quarter net income of $2.35 billion.

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.

Target lowers 4Q profit and sales outlook

Anne D'Innocenzio, Associated Press  |  Posted  Jan 18th - 5:32am

Target is lowering 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.

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):

Trump's populism won't work, says former Treasury chief

The Associated Press  |  Posted  Jan 18th - 4:00am

Lawrence Summers, the former U.S. Treasury Secretary, has warned that Donald Trump's threats to firms using Mexico as a manufacturing base will be counterproductive and could lead to the loss of hundreds of thousands of American jobs.

6 state AGs urge rejection of Sessions for attorney general

The Associated Press  |  Posted  Jan 18th - 4:00am

Attorneys generals from six states, including New York's Eric Schneiderman, have sent a letter urging the Senate Judiciary Committee to reject the nomination of Sen. Jeff Sessions for attorney general.

Japan hotel chain under fire over denial of Rape of Nanking

Mari Yamaguchi, Associated Press  |  Posted  Jan 18th - 3:30am

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

Trump's pick for Commerce has business ties around globe

Stephen Ohlemacher, Associated Press  |  Posted  Jan 18th - 3:30am

Unlike his soon-to-be boss, the choice for commerce secretary has agreed to divorce himself from a vast financial empire.

UN report: Asian growth outlook bright despite uncertainty

Dake Kang, Associated Press  |  Posted  Jan 18th - 3:20am

A United Nations report says Asia's economic outlook for 2017 is strong despite slowing global growth due to sluggish international trade and investment.

Another settlement for Navajo Nation abandoned mines cleanup

The Associated Press  |  Posted  Jan 18th - 3:00am

The federal government has reached another settlement for cleanup work at abandoned uranium mines across the Navajo Nation.

Trump pick to lead EPA has spotty state environmental record

Sean Murphy and Michael Biesecker, Associated Press  |  Posted  Jan 18th - 2:42am

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.