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South Africa company to buy Stillwater Mining Co. for $2.2B

Matthew Brown, Associated Press  |  Posted  Dec 9th - 3:31pm

The company that owns Montana's largest mining complex announced Friday that it will be acquired by a South African company for $2.2 billion in a deal that requires U.S. government approval.

Ford CEO says Trump threats won't change small car plans

The Associated Press  |  Posted  Dec 9th - 3:30pm

Ford Motor Co. is going ahead with plans to move small-car production from the U.S. to Mexico despite recent threats from President-elect Donald Trump.

Trump deepens Goldman ties as he builds out economic team

Julie Pace, Associated Press  |  Posted  Dec 9th - 3:20pm

In the heat of the presidential campaign, Donald Trump accused primary rival Ted Cruz of being controlled by Goldman Sachs because his wife, Heidi, previously worked for the Wall Street giant. He slammed Hillary Clinton for receiving speaking fees from the bank.

Municipal-bond week in review: Yields back down a bit

Cybele Weisser, Associated Press  |  Posted  Dec 9th - 3:10pm

After a month of steady increases, municipal bond yields finally reversed course this past week.

Q&A: Questions and answers in dispute over miners benefits

Matthew Daly, Associated Press  |  Posted  Dec 9th - 3:10pm

Coal-state Democrats waged a fight for health benefits for thousands of retired miners, pointing to President Harry S. Truman's promise 70 years ago guaranteeing a lifetime of coverage. The stopgap spending bill contains a short-term fix and the issue will be revisited next spring.

Teen charged with murder in attack at troubled-youth ranch

Brady McCombs, Associated Press  |  Posted  Dec 9th - 3:01pm

An Arizona teenager was charged with aggravated murder and other counts Friday in the brutal slaying of one worker and the assault on a second staffer at a southern Utah ranch for troubled teens.

Record-setting stock streak hits sixth day on broad gains

Marley Jay, Associated Press  |  Posted  Dec 9th - 2:42pm

U.S. stocks rose for the sixth day in a row Friday as major indexes continued to set records. The biggest gains went to companies that have been mostly left out of the post-election rally, including health care companies and makers of household goods.

Gov't: Takata air bag recalls to cover 42M cars when done

Tom Krisher and Dee-Ann Durbin, Associated Press  |  Posted  Dec 9th - 2:31pm

The U.S. government is trying to get automakers to move faster to fix 42 million vehicles that are being recalled because of potentially deadly Takata air bag inflators.

US rig count up 27 this week to 624; Texas adds 17

The Associated Press  |  Posted  Dec 9th - 2:21pm

The number of rigs exploring for oil and natural gas in the U.S. increased by 27 this week to 624.

France's court cancels Kazakh banker's extradition to Russia

Sylvie Corbet, Associated Press  |  Posted  Dec 9th - 2:21pm

A top court in France refused Friday to hand a Kazakh banker-turned-dissident charged with embezzling billions over to Russia, saying it considered the extradition request from Moscow to be "politically motivated."

Obama creates 'resilience area' to protect Bering ecosystem

Dan Joling, Associated Press  |  Posted  Dec 9th - 2:13pm

President Barack Obama responded to appeals from Alaska Native villages and gave them more of a say in the federal management of marine resources of the Bering Sea.

Markets Right Now: Stocks extend rally to new highs

The Associated Press  |  Posted  Dec 9th - 2:11pm

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

Japan ratifies Pacific trade pact that Trump plans to dump

Elaine Kurtenbach, Associated Press  |  Posted  Dec 9th - 2:02pm

Japanese Prime Minister Shinzo Abe won parliamentary approval Friday for ratification of the Trans-Pacific Partnership, despite U.S. President-elect Donald Trump's plan to withdraw from the 12-nation trade pact.

New fleet of electric semi-trucks to be made in Tennessee

The Associated Press  |  Posted  Dec 9th - 2:01pm

A new truck manufacturing company said it will soon be building electric-powered semi-trucks in Tennessee.

Grain mixed,livestock mixed

The Associated Press  |  Posted  Dec 9th - 1:51pm

Grain futures were mostly higher Friday on the Chicago Board of Trade.

Gold, silver slip

The Associated Press  |  Posted  Dec 9th - 1:51pm

The December gold contract on the New York Mercantile Exchange closed today at $1,159.40 an ounce, down $10.40.

Grain mixed,livestock mixed

The Associated Press  |  Posted  Dec 9th - 1:51pm

Grain futures were mostly higher Friday on the Chicago Board of Trade.

Senate pushes to avert gov't shutdown over miners' benefits

Andrew Taylor and Matthew Daly, Associated Press  |  Posted  Dec 9th - 1:50pm

The Senate pushed to avert a government shutdown at midnight Friday as coal-state Democrats evoked President-elect Donald Trump in pleading for a more generous extension of health care benefits for retired miners.

Trump expected to name a top Goldman exec to economic post

The Associated Press  |  Posted  Dec 9th - 1:30pm

President-elect Donald Trump is expected to name Gary Cohn, the No. 2 executive at the powerhouse Wall Street firm Goldman Sachs, to a prominent White House economic post.