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American Airlines to sell restricted 'basic economy' ticket

David Koenig, Associated Press  |  Posted  Jan 18th - 9:20am

If you want to get the cheapest fare on American Airlines, you'll soon have to leave that rolling carry-on bag at home.

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

The Associated Press  |  Posted  Jan 18th - 9:13am

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

Trump EPA pick pledges more cooperation with industry

Michael Biesecker and Matthew Daly, Associated Press  |  Posted  Jan 18th - 9:11am

President-elect Donald Trump's choice to head the U.S. Environmental Protection Agency told senators Wednesday that he intended to work cooperatively with states and industry to return the federal watchdog to what he called its proper role.

Small businesses hope to see Obama-backed rules scrapped

Joyce M. Rosenberg, Associated Press  |  Posted  Jan 18th - 9:10am

Small businesses are hoping to see some high-profile Obama administration regulations scrapped after Donald Trump takes office, with rules affecting overtime, sick leave and the environment among those that may be taken off the books.

Commerce nominee Ross declares he is pro-trade, pro-union

Stephen Ohlemacher, Associated Press  |  Posted  Jan 18th - 8:52am

President-elect Donald Trump's pick for commerce secretary said Wednesday that he favors "sensible trade," is pro-union and believes his vast business dealings have given experience fighting other countries' unfair trade practices.

Grain mixed, livestock mixed

The Associated Press  |  Posted  Jan 18th - 8:51am

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

Army plans Dakota Access oil pipeline environmental study

Blake Nicholson, Associated Press  |  Posted  Jan 18th - 8:51am

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.

IMF says Egypt is progressing well with economic reform plan

Associated Press  |  Posted  Jan 18th - 8:50am

The International Monetary Fund says Egypt is making progress with its economic reform program, although it will still take time to improve living standards for the whole population.

Grain mixed, livestock mixed

The Associated Press  |  Posted  Jan 18th - 8:50am

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

US stock indexes mixed; bond yields and dollar climb again

Stan Choe, Associated Press  |  Posted  Jan 18th - 8:50am

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

Target lowers 4Q profit and sales outlook

Anne D'Innocenzio, Associated Press  |  Posted  Jan 18th - 8:31am

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.

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.

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.

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.