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Murdoch's 21st Century Fox agrees to buy Europe's Sky

Tali Arbel, Associated Press  |  Posted  Dec 9th - 10:31am

Rupert Murdoch may get all of European broadcaster Sky after all.

Shares in troubled Italian bank plunge amid bailout fears

The Associated Press  |  Posted  Dec 9th - 10:31am

Shares in troubled Italian bank Monte dei Paschi di Siena have plunged after news reports that the bank's request for more time to raise new capital from investors has been rejected by regulators.

Big business warns Trump against mass deportation

Steve Peoples, Associated Press  |  Posted  Dec 9th - 10:31am

Still grappling with Donald Trump's surprise election, the nation's business community has begun to pressure the president-elect to abandon campaign-trail pledges of mass deportation and other hard-line immigration policies that some large employers fear would hurt the economy.

Markets Right Now: US indexes move higher, remain a records

The Associated Press  |  Posted  Dec 9th - 10:22am

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

GOP's 'Obamacare' repeal path worries health care industry

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Dec 9th - 10:20am

One by one, key health care industry groups are telling the incoming Republican administration and Congress that it's not a good idea to repeal the 2010 health care law without clear plans to address the consequences.

USA Luge signs 2-year sponsorship with World Financial Group

The Associated Press  |  Posted  Dec 9th - 10:20am

USA Luge has signed a two-year sponsorship with World Financial Group, Inc.

Report: UK Brexit chief not interested in transitional deal

Jill Lawless, Associated Press  |  Posted  Dec 9th - 10:12am

British Brexit Secretary David Davis told London financial-sector bosses that he is "not really interested" in seeking a transitional deal with the European Union to soften the process of the U.K.'s exit from the bloc, the Financial Times reported Friday.

Washington state suing agrochemical giant over PCB pollution

Gene Johnson, Associated Press  |  Posted  Dec 9th - 10:04am

Washington has become the first U.S. state to sue the agrochemical giant Monsanto over pervasive pollution from PCBs, the toxic industrial chemicals that have accumulated in plants, fish and people around the globe for decades. The company said the case "lacks merit."

New coalition will push back on repeal of Obama health law

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Dec 9th - 10:01am

Supporters of the 2010 health care law will launch a political coalition Friday to block its repeal. They're targeting Republican lawmakers whose constituents may now be at risk of losing health insurance.

Merchant Marine Academy alumni report questions abuse risk

Frank Eltman, Associated Press  |  Posted  Dec 9th - 10:00am

Concerns about alleged sex abuse and harassment of U.S. Merchant Marine cadets training aboard commercial vessels are disputed in a new report issued by an alumni task force.

Coca-Cola names Quincey as next CEO, Kent stays as chairman

Joseph Pisani, Associated Press  |  Posted  Dec 9th - 10:00am

Coca-Cola CEO Muhtar Kent will step down from that role next year and be succeeded by the company's No. 2 executive, Chief Operating Officer James Quincey, the company announced Friday.

Truck holding $500,000 in Coach bags is stolen in New Jersey

The Associated Press  |  Posted  Dec 9th - 9:50am

A tractor-trailer carrying $500,000 worth of Coach purses has been stolen from a warehouse in New Jersey's largest city.

Coal-state Dems threaten gov't shutdown over aid for miners

Matthew Daly, Associated Press  |  Posted  Dec 9th - 9:31am

Hours to a government shutdown, coal-state Senate Democrats blocked swift action on a stopgap spending bill over benefits for retired miners and pressed President-elect Donald Trump, a self-proclaimed coal champion, to intervene with Republicans.

Turnaround in health care stocks sends indexes to records

Marley Jay, Associated Press  |  Posted  Dec 9th - 9:31am

U.S. stocks are rising Friday as major indexes continue to set records. Some of the largest gains are going to industries that have been left out of the post-election rally, including health care companies and makers of household goods. Banks, which have led that surge, are slipping.

Snapchat: How the vanishing-photo app managed not to fade

Mae Anderson, Associated Press  |  Posted  Dec 9th - 9:20am

Snapchat has managed to build something lasting out of photos that vanished almost instantly.

Michigan lets autonomous cars on roads without human driver

Tom Krisher, Associated Press  |  Posted  Dec 9th - 9:14am

Companies can now test self-driving cars on Michigan public roads without a driver or steering wheel under new laws that could push the state to the forefront of autonomous vehicle development.

British journalist says detained in Kenya without charge

Tom Odula, Associated Press  |  Posted  Dec 9th - 9:14am

A British journalist for The Times of London newspaper said Friday he was being detained at a Nairobi airport without explanation or charge after entering Kenya.

EU chief: 1 type of European chopper, tank to stop waste

Raf Casert, Associated Press  |  Posted  Dec 9th - 9:10am

The chief of the European Union's executive branch said Friday he wants to streamline defense industries in member states to make them more efficient and less dependent on U.S. military protection.

Grain higher, livestock lower

The Associated Press  |  Posted  Dec 9th - 8:42am

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