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NEW YORK (AP) — U.S. stock indexes are slightly lower as health care companies and banks slip. Household goods makers, including companies that sell snacks and drinks, are bouncing back from losses a day ago. The Dow Jones industrial average remains near record highs, but short of the 20,000-point milestone.
BILLINGS, Mont. (AP) — President Barack Obama's administration is expected to push through long-delayed safety measures for the nation's sprawling network of oil pipelines in its final days in power. The proposal calls for more stringent inspections in rural areas and immediate repairs when pipe defects are found. But the timing has raised concerns that incoming president Donald Trump or a Republican-controlled Congress could scuttle them.
NEW YORK (AP) — Federal authorities are accusing a former official at the pension fund for New York state public employees of taking bribes that included prostitutes, strippers, cocaine and a $17,000 wristwatch. The indictment accuses Navnoor Kang of accepting bribes totaling about $100,000 in exchange for steering millions of dollars in business to two brokerage firms. The pension fund serves more than 1 million retirees and other beneficiaries.
GLENDALE, Ariz. (AP) — FedEx is trying to determine how many packages are missing from a delivery truck that was stolen yesterday in Arizona. Police in suburban Phoenix say two men took the truck from its driver at gunpoint. They're still at large. The truck was found hours later, with its engine running and doors open.
PROVIDENCE, R.I. (AP) — The 170-year-old company that makes Cross pens now has a flagship retail store at its new Providence headquarters. It opened today. CEO Robert Baird says the company's recent move from suburban Lincoln, Rhode Island, to the Foundry complex near downtown Providence is part of a broader strategy to boost talent and reinvigorate the luxury pen brand. Rhode Island has offered the company $1.9 million in incentives based in part on plans to add 35 new jobs in coming years.
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