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Preview: AP Top Business News At 11:31 a.m. EST

AP Top Business News at 12:02 a.m. EDT



AP Top Business News at 12:02 a.m. EDT



 



Energy shares lead Asian stocks higher on OPEC output deal

2016-09-29T03:13:18Z

HONG KONG (AP) -- Energy companies led a rally in Asian stock markets Thursday as investors welcomed news that OPEC nations planned to cut oil production for the first time in eight years in an effort to reduce a global glut....



Wells Fargo CEO to face lawmakers with better defense

2016-09-28T22:56:09Z

WASHINGTON (AP) -- Wells Fargo's CEO, newly stripped of tens of millions in compensation in a scandal over sales practices, will face lawmakers with more defenses than he had in the last round, when some senators called for his resignation....



California suspends some Wells Fargo business amid scandal

2016-09-28T22:55:17Z

SACRAMENTO, Calif. (AP) -- California's treasurer said Wednesday that he's suspending some of the state's most profitable lines of business with Wells Fargo amid allegations bank employees opened millions of accounts without customers' permission....



Yellen says economy likely ready for rate hike later in 2016

2016-09-28T21:47:30Z

WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen said Wednesday that the central bank has no "fixed timetable" for raising interest rates but she believes the economy is ready for a rate hike by the end of the year....



UN says EU may ratify Paris Agreement soon

2016-09-29T04:02:14Z

UNITED NATIONS (AP) -- The Paris Agreement on Climate Change appears likely to enter into force with India announcing that it has ratified the agreement and the EU signaling it may ratify within the next few days, officials said....



OPEC reaches preliminary accord to curb oil production

2016-09-28T23:16:23Z

ALGIERS, Algeria (AP) -- OPEC nations reached a preliminary agreement Wednesday to curb oil production for the first time since the global financial crisis eight years ago, in an effort to reduce a global glut of crude that has depressed oil prices for more than two years and weakened the economies of oil-producing nations....



FDA approves 'artificial pancreas' to manage diabetes

2016-09-29T00:59:37Z

WASHINGTON (AP) -- Federal regulators have approved a first-of-a-kind "artificial pancreas," a device that can help some diabetes patients manage their disease by constantly monitoring their blood sugar and delivering insulin as needed....



US soda-tax battle bubbles up in San Francisco Bay Area

2016-09-29T01:22:30Z

SAN FRANCISCO (AP) -- The national fight over sugary soda is bubbling up in the San Francisco Bay Area, where voters in November will consider a tax on the drinks that many health experts say contribute to diabetes, obesity and tooth decay....



Air rage incidents reported by airlines on the rise

2016-09-28T18:01:11Z

WASHINGTON (AP) -- Incidents of unruly passengers on planes are increasing, and more effective deterrents are needed to tackle the problem, a global airline trade group said Wednesday....



Apple partners with Deloitte in pitch to business

2016-09-28T21:14:20Z

CUPERTINO, Calif. (AP) -- Apple is extending its push into selling business technology by forging a partnership with the Deloitte consulting firm to advise companies on using iPhones, iPads and Apple software in the workplace....