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Preview: AP Top Business News At 5:15 p.m. EST

AP Top Business News at 9:02 a.m. EST

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Macron's climate summit in Paris finds new money, tech help

Tue, 12 Dec 2017 13:22:25 GMT2017-12-12T13:22:25Z

PARIS (AP) -- World leaders, investment funds and energy magnates promised Tuesday to devote new money and technology to slow global warming at a summit in Paris that President Emmanuel Macron hopes will rev up the Paris climate accord that U.S. President Donald Trump has rejected....

US-based climate scientists to take research to France

Tue, 12 Dec 2017 08:50:17 GMT2017-12-12T08:50:17Z

PARIS (AP) -- It is a dream come true for U.S.-based climate scientists - the offer of all-expenses-paid life in France to advance their research in Europe instead of in the United States under climate skeptic President Donald Trump, two of the winners say....

Admin says big revenue from GOP tax plan; analysts less rosy

Tue, 12 Dec 2017 08:26:17 GMT2017-12-12T08:26:17Z

WASHINGTON (AP) -- The Republican tax plan will deliver a swift adrenaline shot to the economy that will send hundreds of billions pouring into federal tax coffers, the Trump administration asserts in a new analysis. But nonpartisan analysts make a less rosy projection of new revenue from the tax legislation now before Congress....

EU lawmaker: UK Brexit negotiator is "undermining trust"

Tue, 12 Dec 2017 12:51:29 GMT2017-12-12T12:51:29Z

BRUSSELS (AP) -- The European Union's top Brexit legislator is criticizing British negotiator David Davis for his comments that last week's agreement between the EU and Britain was merely "a statement of intent."...

Follow the money: investors lead charge on climate change

Tue, 12 Dec 2017 12:28:39 GMT2017-12-12T12:28:39Z

BERLIN (AP) -- An international summit Tuesday to mark the second anniversary of the Paris climate agreement has drawn world leaders, celebrities, companies and environmental groups to the French capital, all aiming to keep up momentum on efforts to curb global warming....

World stocks turn higher as investors eye Fed decision

Tue, 12 Dec 2017 13:30:06 GMT2017-12-12T13:30:06Z

TOKYO (AP) -- World stocks turned higher in European trading hours on Tuesday as investors looked ahead to a slew of central bank decisions, including the Federal Reserve, which was expected to raise interest rates....

US wholesale prices up 0.4 percent in November

Tue, 12 Dec 2017 14:01:50 GMT2017-12-12T14:01:50Z

WASHINGTON (AP) -- Prices at the wholesale level rose 0.4 percent in November and 3.1 percent over the past year. It was the biggest annual jump in nearly six years and reflected a big spike in the price of gasoline and other energy products....

UK inflation rises to highest level since March 2012

Tue, 12 Dec 2017 10:41:11 GMT2017-12-12T10:41:11Z

LONDON (AP) -- Bank of England Governor Mark Carney will have to write a letter to Britain's Treasury chief explaining why inflation in the country is running by more than a percentage point above target after official figures showed it unexpectedly rising to 3.1 percent....

The Latest: Macron hosts leaders in global warming battle

Tue, 12 Dec 2017 12:33:39 GMT2017-12-12T12:33:39Z

PARIS (AP) -- The Latest on the climate summit taking place in Paris (all times local):...

Amid Amazon competition, Westfield malls sold for $15.7B

Tue, 12 Dec 2017 12:18:18 GMT2017-12-12T12:18:18Z

PARIS (AP) -- The owner of Westfield shopping centers is being bought by French property investor Unibail-Rodamco for $15.7 billion as shop retailers struggle to keep up with the move to online sites like Amazon....