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Update on the latest in business:

The Associated Press  |  Posted Jan 28th - 11:18am

U.S. stocks are higher in afternoon trading as investors shift money into technology companies.

What's next for the Keystone XL pipeline in South Dakota

Stephen Groves, Associated Press  |  Posted Jan 28th - 10:33am

Plans for construction of the Keystone XL oil sands pipeline inched forward last week with several approvals at both the federal and state levels, but opponents in South Dakota say they haven’t given up on preventing, or at least slowing, the pipeline’s construction.

Churchill Downs executive addresses surge in horse deaths

The Associated Press  |  Posted Jan 28th - 9:48am

The corporate owner of a New Orleans horse racing track appeared before Louisiana's Racing Commission on Monday to address a surge in horse deaths there.

Grains lower, livestock lower.

The Associated Press  |  Posted Jan 28th - 9:18am

Grain futures were higher Tuesday in early trading on the Chicago Board of Trade.

US consumer confidence shows solid gain in January

Martin Crutsinger, Associated Press  |  Posted Jan 28th - 8:35am

U.S. consumer confidence showed a strong gain in January, bolstered by continued strength in the job market.

Pfizer posts 4Q loss, misses Street views, on lower revenue

Linda A. Johnson, Associated Press  |  Posted Jan 28th - 7:44am

including pain reliever Advil and Centrum vitamins — into a new joint venture with partner GlaxoSmithKline. Pfizer owns 32% of the JV, which brought Pfizer a profit of $129 million in the quarter. Meanwhile, Pfizer plans to combine its Upjohn business with generic drugmaker Mylan by mid-summer to create a new drugmaker called Viatris.

Stocks move higher on Wall Street a day after a big drop

Damian J. Troise, Associated Press  |  Posted Jan 28th - 7:43am

U.S. stocks are rising in midday trading Tuesday as investors shifted money into technology companies following a broad sell-off a day earlier over fears that the spread of a deadly virus in China could affect the global economy.

US home price gains accelerate amid smaller supply of homes

Christopher Rugaber, Associated Press  |  Posted Jan 28th - 7:01am

U.S. home prices rose at a faster pace in November than the previous month as lower mortgage rates and a sharp drop in available properties have pushed would-be buyers to bid up home values.

Orders for US durable goods advance 2.4% in December

Martin Crutsinger, Associated Press  |  Posted Jan 28th - 6:34am

Orders to U.S. factories for big-ticket manufactured goods rose in December as a big jump in demand for military aircraft offset a sharp decline in commercial aircraft that reflected Boeing’s continued problems with its 737 Max. A key category that tracks business investment fell by the largest amount in eight months.

Orders for US durable goods advance 2.4% in December

The Associated Press  |  Posted Jan 28th - 6:33am

Orders for US durable goods advance 2.4% in December.

Experts say UK should lower salary threshold for immigrants

The Associated Press  |  Posted Jan 28th - 6:31am

A panel of immigration experts says Britain should lower the salary threshold for immigrants after Brexit and urged the government to quickly set up new migration rules once the U.K. leaves the European Union.

'Confused and angry': Brexit unsettles EU citizens in the UK

Jill Lawless and By Kearney, Associated Press  |  Posted Jan 28th - 5:41am

Anxious, angry, abandoned. Brexit elicits strong emotions, and as Britain’s departure from the European Union approaches, more than 3 million U.K. residents who are citizens of EU countries are feeling the impending separation more strongly than most.

Greece starts 15-year bond auction as market rates favorable

The Associated Press  |  Posted Jan 28th - 5:21am

Greece has launched an auction for a 15-year bond, aimed at taking advantage of low interest rates and a recent sovereign credit rating upgrade.

UK government says China's Huawei can participate in high-speed wireless network but will be excluded from "core" parts.

The Associated Press  |  Posted Jan 28th - 5:07am

UK government says China's Huawei can participate in high-speed wireless network but will be excluded from "core" parts.

Britain's EU Journey: When Brexit chaos ensued

Pan Pylas, Associated Press  |  Posted Jan 28th - 3:58am

Britain officially leaves the European Union on Friday after a debilitating political period that has bitterly divided the nation since the 2016 Brexit referendum.

Federal agency would protect coalfields habitat for crayfish

The Associated Press  |  Posted Jan 28th - 3:14am

A federal agency has proposed designating habitat areas for two protected crayfish species in the coalfields of Kentucky, Virginia and West Virginia.

In snub to US, Britain will allow Huawei in 5G networks

Kelvin Chan and Danica Kirka, Associated Press  |  Posted Jan 28th - 2:58am

Britain decided Tuesday to let Chinese tech giant Huawei have a limited role supplying new high-speed network equipment to wireless carriers, ignoring the U.S. government's warnings that it would sever intelligence sharing if the company was not banned.

Wuhan officials face questions, anger over virus response

Dake Kang, Associated Press  |  Posted Jan 28th - 2:53am

Last Wednesday evening, top officials in the central Chinese city of Wuhan settled into their seats at an auditorium for a Lunar New Year gala — even as a new virus that originated in their city was spreading rapidly.

Airbus nears settlements with US, UK, French investigators

The Associated Press  |  Posted Jan 28th - 1:03am

Airbus said Tuesday it has reached potential settlement deals with authorities in the U.S., Britain and France investigating alleged fraud and bribery.