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Ex-VW CEO Winterkorn testifies to German parliament inquiry

The Associated Press  |  Posted  Jan 19th - 3:10am

Former Volkswagen CEO Martin Winterkorn is testifying before a German parliamentary inquiry in his first public appearance since he resigned in the wake of the company's diesel emissions scandal.

Beijing to spend $2.7 billion on cleaning capital's air

The Associated Press  |  Posted  Jan 19th - 3:00am

Beijing will spend $2.7 billion to fight air pollution in the capital this year, state media reported Thursday.

Theresa May seeks to convince business UK won't close doors

The Associated Press  |  Posted  Jan 19th - 3:00am

British Prime Minister Theresa May has sought to convince business leaders gathered at the World Economic Forum that the country remains committed to free trade and globalization.

Russian court rejects Yukos shareholder compensation

The Associated Press  |  Posted  Jan 19th - 2:51am

Russia's Constitutional Court says a European ruling to pay nearly 1.9 billion euros ($2 billion) in compensation to shareholders of the defunct Yukos oil company cannot be enforced.

China defends trade stance after Trump appointee's criticism

The Associated Press  |  Posted  Jan 19th - 2:51am

China's government defended itself Thursday as a supporter of free trade after U.S. President-elect Donald Trump's pick for commerce secretary criticized its tactics.

GOP governors who turned down Medicaid money have hands out

Thomas Beaumont, Associated Press  |  Posted  Jan 19th - 2:23am

Republican governors who turned down billions in federal dollars from an expansion of Medicaid under President Barack Obama's health care law now have their hands out in hopes the GOP Congress comes up with a new formula to provide insurance for low-income Americans.

Global oil production dropping as OPEC cuts kick in

The Associated Press  |  Posted  Jan 19th - 2:20am

The International Energy Agency says global oil output is dropping for the first time in months, as Saudi Arabia and other oil-producing countries follow through on pledged cuts aimed at lifting oil prices.

In Texas, Perry was 'all of the above' on energy production

Matthew Daly, Associated Press  |  Posted  Jan 19th - 2:13am

Rick Perry was for "all of the above" on energy production before President Barack Obama embraced the strategy.

Sales up at newly merged supermarket operator Ahold Delhaize

The Associated Press  |  Posted  Jan 19th - 2:10am

Ahold Delhaize, the recently merged Dutch-Belgian operator of U.S. supermarket chains including Stop & Shop and Giant, says its sales rose sharply to 15.1 billion euros ($16 billion) in the fourth quarter, thanks in part to a strong performance in the Netherlands.

Satellite tracking to keep tabs on airliners over oceans

Joan Lowy, Associated Press  |  Posted  Jan 19th - 2:03am

Nearly three years after a Malaysian airliner vanished, it's still possible, if unlikely, for a plane to disappear. But that's changing with new satellites that will soon allow flights to be tracked in real time over oceans.

World shares mixed, Japan's Nikkei gains on weaker yen

Elaine Kurtenbach, Associated Press  |  Posted  Jan 19th - 2:00am

World stocks were meandering in sluggish trading on Thursday as investors awaited the inauguration of Donald Trump as U.S. president.

Trump's Treasury pick facing criticism over foreclosures

Martin Crutsinger, Associated Press  |  Posted  Jan 19th - 2:00am

Donald Trump's pick to lead the Treasury Department, Stephen Mnuchin, built his reputation and his fortune as a savvy Wall Street investor. But one of those investments has put him in the crosshairs of Democrats as he heads into his confirmation hearing Thursday: sub-prime mortgage lender IndyMac bank.

AP source: Perdue to be tapped for agriculture secretary

Jonathan Lemire and Russ Bynum, Associated Press  |  Posted  Jan 19th - 1:50am

Sonny Perdue, a farmer's son who built businesses in grain trading and trucking before becoming the first Republican governor of Georgia since Reconstruction, is President-elect Donald Trump's choice to lead the Agriculture Department, The Associated Press has learned.

Russian business world hopes for relief from Trump

Angela Charlton, Associated Press  |  Posted  Jan 19th - 12:40am

Few people are more eager for Donald Trump's arrival in the White House than those who do business in Russia.

Appeals court rejects Chicago gun-range restrictions

The Associated Press  |  Posted  Jan 18th - 11:30pm

The U.S. Court of Appeals handed Chicago another defeat in its effort to restrict the operation of gun ranges in the city.

Trump plans for Scottish resort spark new conflicts concern

Bernard Condon and David Koenig, Associated Press  |  Posted  Jan 18th - 10:20pm

Donald Trump has vowed his company will do "no new foreign deals" while he is president. But he's left "new" and "deals" open to interpretation.

Asian shares mixed, Japan's Nikkei gains on weaker yen

Elaine Kurtenbach, Associated Press  |  Posted  Jan 18th - 8:42pm

Shares were meandering in sluggish trading in Asia on Thursday as investors awaited the inauguration of Donald Trump as president. Japan's benchmark rose after the dollar slipped against the yen.

Electric vehicle charging stations planned for Utah

The Associated Press  |  Posted  Jan 18th - 8:21pm

State leaders have announced plans to add electric vehicle charging stations along 1,500 miles of highway running through Utah, Wyoming and Idaho.

AP Source: Trump picks former Ga. Gov. Perdue to lead USDA

Jonathan Lemire and Russ Bynum, Associated Press  |  Posted  Jan 18th - 8:21pm

President-elect Donald Trump intends to nominate former Georgia Gov. Sonny Perdue to serve as agriculture secretary, according to a person familiar with the decision but not authorized to speak publicly before it is announced.