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Preview: AP Top Business News At 6:46 p.m. EST

AP Top Business News at 4:49 p.m. EST

AP Top Business News at 4:49 p.m. EST

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Apple to build 2nd campus, hire 20,000 in $350B pledge

Wed, 17 Jan 2018 21:00:35 GMT2018-01-17T21:00:35Z

SAN FRANCISCO (AP) -- Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country's new tax law....

Trump claims credit for what is still mostly Obama's economy

Wed, 17 Jan 2018 19:15:36 GMT2018-01-17T19:15:36Z

WASHINGTON (AP) -- President Donald Trump relentlessly congratulates himself for the healthy state of the U.S. economy, with its steady growth, low unemployment, busier factories and confident consumers....

Tech, health care companies help lift US stocks higher

Wed, 17 Jan 2018 20:45:30 GMT2018-01-17T20:45:30Z

U.S. stocks moved broadly higher in late-afternoon trading Wednesday as the market bounced back from modest losses a day earlier. The rally drove the Dow Jones industrial average back above 26,000 points and had the Standard & Poor's 500 index on course for a record high close. Technology and health care companies accounted for much of the gains. Financials stocks also rose, even as some big banks fell after reporting hefty quarterly losses....

Entire operation of federal consumer regulator under review

Wed, 17 Jan 2018 21:12:28 GMT2018-01-17T21:12:28Z

NEW YORK (AP) -- The Trump-appointed acting director of the Consumer Financial Protection Bureau said Wednesday that he is launching a review of all the federal consumer watchdog agency's policies and priorities....

Walmart offers way to turn leftover opioids into useless gel

Wed, 17 Jan 2018 18:51:34 GMT2018-01-17T18:51:34Z

Walmart is helping customers get rid of leftover opioids by giving them packets that turn the addictive painkillers into a useless gel....

Bank of America 4Q profits fall by 48 percent due to tax law

Wed, 17 Jan 2018 16:37:51 GMT2018-01-17T16:37:51Z

NEW YORK (AP) -- Bank of America said Wednesday that its fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the new tax law. But setting aside those charges, the bank is showing signs that whatever damage was left over from the financial crisis is largely healed....

France abandons plans to build new airport in the west

Wed, 17 Jan 2018 16:52:29 GMT2018-01-17T16:52:29Z

PARIS (AP) -- France will abandon plans to build a new airport in the west, the prime minister announced Wednesday, ordering the activists who have been protesting the project for nearly a decade to leave their makeshift settlement and unblock nearby roads....

Senators grill social media companies over terrorist posts

Wed, 17 Jan 2018 21:34:32 GMT2018-01-17T21:34:32Z

NEW YORK (AP) -- Lawmakers grilled executives Facebook, Google's YouTube and Twitter on Wednesday about what the companies are doing to prevent terrorists from using their platforms to spread propaganda and recruit new followers....

Optimism in Iraq fuels revived interest in classic cars

Wed, 17 Jan 2018 11:55:14 GMT2018-01-17T11:55:14Z

BAGHDAD (AP) -- When Iraqi forces drove Islamic State militants out of eastern Mosul a year ago, Nashwan Shakir Mahmoud raced back to his home, hoping that his red and white 1955 Chevrolet coupe had survived three years of war and upheaval....

Florida driver died because of faulty air bag, report says

Wed, 17 Jan 2018 21:14:45 GMT2018-01-17T21:14:45Z

FORT LAUDERDALE, Fla. (AP) -- A Florida woman died because a faulty air bag ruptured and fired shrapnel into her head during a crash she should have survived, a report released Wednesday by the state's Highway Patrol said....