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Innovation or monopoly? Panel looks at ATT-Time Warner deal

Marcy Gordon, Associated Press  |  Posted  Dec 7th - 11:01am

Senators scrutinizing the proposed merger of AT&T and Time Warner homed in on brass tacks with the companies' CEOs. OK, you say this $85.4 billion mega-deal will enhance, not quash, competition and benefit consumers. Will it actually reduce prices that consumers pay?

The Latest: Renzi says not afraid of new elections in Italy

The Associated Press  |  Posted  Dec 7th - 10:53am

The Latest on the political crisis in Italy (all times local):

Study: 2016 campaign coverage was overwhelmingly negative

David Bauder, Associated Press  |  Posted  Dec 7th - 10:51am

A Harvard University study released Wednesday concludes that media coverage of the 2016 presidential election was topped only by the 2000 Bush-Gore campaign for its overwhelming negativity.

Utah governor releases $16B budget plan for upcoming year

Michelle L. Price, Associated Press  |  Posted  Dec 7th - 10:51am

Gov. Gary Herbert on Wednesday released a $16 billion budget plan for the upcoming year that tries to stem high turnover among prison guards and corrections workers and pay for 10,000 more students in Utah schools.

Britain's finance chief starts overseas tour on Brexit fears

Stuart Graham, Associated Press  |  Posted  Dec 7th - 10:50am

Britain's exit from the European Union will be a "smooth process" that will not disrupt trade patterns with smaller countries, finance chief Philip Hammond said Wednesday as he began an overseas tour to reassure global partners ahead of his nation's planned EU departure.

Illinois Gov. Rauner signs bill sparing 2 nuclear plants

John O'Connor, Associated Press  |  Posted  Dec 7th - 10:41am

Illinois Gov. Bruce Rauner has approved a plan providing billions of dollars in subsidies to Exelon Corp. to keep two unprofitable nuclear plants from closing prematurely.

Democratic states wary as Trump embarks on victory tour

Geoff Mulvihill and Michael R. Blood, Associated Press  |  Posted  Dec 7th - 10:33am

As Donald Trump makes his thank-you tour of states that voted for him, other parts of the country are gearing up to do battle with his administration.

US employers post fewer jobs, though openings stay healthy

Christopher S. Rugaber, Associated Press  |  Posted  Dec 7th - 10:32am

U.S. employers posted fewer jobs in October than the previous month, but job openings are still at a mostly healthy level that points to steady hiring ahead.

Trian, hungry for more, takes a bigger bite of Wendy's

The Associated Press  |  Posted  Dec 7th - 10:31am

Wendy's shares are up almost 4 percent after Trian Fund Management increased its stake in the burger chain.

Money-laundering monitor says Switzerland has work to do

The Associated Press  |  Posted  Dec 7th - 10:31am

Switzerland has achieved "good results" in fighting money laundering and terrorism financing, but should strengthen its compliance controls, boost scrutiny on the use of cash and share information more with foreign authorities, a leading watchdog said Wednesday.

Brooke Shields' gift list sweetens sales for Vermont syrup

The Associated Press  |  Posted  Dec 7th - 10:30am

Brooke Shields' gift list is sweetening a Vermont family farm's sale of maple syrup.

Dividend-paying stocks pull US indexes up; drugmakers dive

Marley Jay, Associated Press  |  Posted  Dec 7th - 10:01am

U.S. stocks are moving higher Wednesday, keeping major indexes at record highs. Bond yields are falling, and investors seeking income are buying stocks that pay large dividends, like real estate investment trusts, utilities and phone companies. Health care companies are taking steep losses after President-elect Donald Trump said he wants to reduce drug prices.

Musical celebrating Harold Prince heads to Broadway in 2017

Mark Kennedy, Associated Press  |  Posted  Dec 7th - 10:01am

A musical celebrating the most decorated Tony Award-winner in history will make its Broadway debut next summer.

German companies pull advertising from US website Breitbart

The Associated Press  |  Posted  Dec 7th - 10:01am

Several large German companies, including carmaker BMW, have pulled their ads from U.S.-based news and opinion website Breitbart due to concerns about its content, following a similar move by cereal maker Kellogg's.

The Latest: Rauner signs Exelon nuclear plant legislation

The Associated Press  |  Posted  Dec 7th - 10:01am

The Latest on Illinois Gov. Bruce Rauner signing nuclear plant legislation on Wednesday (all times local):

Markets Right Now: Stocks edge up; Dow, S&P 500 at records

The Associated Press  |  Posted  Dec 7th - 10:01am

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

6 ways to keep phone charges low during international travel

Anick Jesdanun, Associated Press  |  Posted  Dec 7th - 10:00am

It's a sure-fire way to dampen the holiday cheers: Spend a week on a dream vacation abroad, then come back to find an additional several hundred dollars on your cellphone bill.

Company delays work on controversial Utah tar sands project

The Associated Press  |  Posted  Dec 7th - 9:54am

A Canadian company is delaying the startup of its oil sands mining operation in eastern Utah.

Posters for white supremacist group found at Emerson College

The Associated Press  |  Posted  Dec 7th - 9:54am

Emerson College in Boston is investigating after posters promoting a white supremacist group were found on two campus buildings.

Pfizer fined for hiking epilepsy drug price 2,600% in UK

Danica Kirka, Associated Press  |  Posted  Dec 7th - 9:28am

British regulators fined U.S. drugmaker Pfizer and distributor Flynn Pharma a record 89.4 million pounds ($112.7 million) Wednesday for increasing the cost of an epilepsy drug by as much as 2,600 percent.