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Preview: Headlines from the Associated Press

Headlines from the Associated Press

Headlines from the Associated Press


SoftBank's acquisition of 15 percent of Uber closes


NEW YORK (AP) -- Japanese technology conglomerate SoftBank says it has closed a deal to acquire 15 percent of Uber....

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


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....

Tax law brings big paper losses, long-term gains to US banks


NEW YORK (AP) -- Big U.S. banks have been reporting billions of dollars in paper losses this month as they are forced to come into compliance with the new tax law. And while the losses are massive, they were largely expected, and bank executives say the new tax law will be good for banks as well as the economy in the long run....