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

AP Top Business News at 10:25 a.m. EDT

AP Top Business News at 10:25 a.m. EDT

Copyright: © 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

US economy grew at 2.9 percent rate in third quarter

Fri, 28 Oct 2016 13:23:17 GMT2016-10-28T13:23:17Z

WASHINGTON (AP) -- The U.S. economy grew at a 2.9 percent rate in the July-September quarter, the strongest pace in two years, as the battered export sector rebounded and businesses finally began restocking their shelves at a faster clip....

Exxon 3Q profit falls 38 percent on lower oil prices

Fri, 28 Oct 2016 14:19:15 GMT2016-10-28T14:19:15Z

DALLAS (AP) -- Exxon's profit keeps shrinking because of lower oil prices, and the company is responding by sharply cutting investment in future production....

Uber drivers in UK should get paid vacation, tribunal says

Fri, 28 Oct 2016 13:41:41 GMT2016-10-28T13:41:41Z

LONDON (AP) -- Uber drivers in Britain should get paid vacation days and guaranteed minimum wage, a tribunal said Friday in a ruling that the company will appeal....

New rules aim to help students clear loans in cases of fraud

Fri, 28 Oct 2016 07:42:52 GMT2016-10-28T07:42:52Z

BOSTON (AP) -- The government has issued new rules meant to help students get their federal loans erased in cases involving fraud and misconduct by their schools....

US wages, benefits rise 0.6 percent in third quarter

Fri, 28 Oct 2016 12:40:51 GMT2016-10-28T12:40:51Z

WASHINGTON (AP) -- Wages and benefits paid to U.S. civilian workers grew at a steady pace in the third quarter....

China's overseas takeover spree meets growing resistance

Fri, 28 Oct 2016 06:32:46 GMT2016-10-28T06:32:46Z

HONG KONG (AP) -- Corporate China's global shopping binge barreled on this week with more multibillion dollar deals, but Beijing is starting to discover that there are limits to what its money can buy....

AutoNation to sell its own parts, add used car centers

Fri, 28 Oct 2016 13:17:39 GMT2016-10-28T13:17:39Z

DETROIT (AP) -- The largest auto dealership chain in the U.S. is expanding into stand-alone used car sales centers and will even sell its own automotive replacement parts....

Jury awards more than $70M to woman in baby powder lawsuit

Fri, 28 Oct 2016 05:32:36 GMT2016-10-28T05:32:36Z

ST. LOUIS (AP) -- A St. Louis jury on Thursday awarded a California woman more than $70 million in her lawsuit alleging that years of using Johnson & Johnson's baby powder caused her cancer, the latest case raising concerns about the health ramifications of extended talcum powder use....

BMW recalls over 154K vehicles because engines could stall

Fri, 28 Oct 2016 12:55:19 GMT2016-10-28T12:55:19Z

DETROIT (AP) -- BMW is recalling more than 154,000 cars and SUVs in the U.S. and Canada to fix a wiring problem that can cause engines to stall....

Deep South drought kills crops, threatens herds, dries lakes

Fri, 28 Oct 2016 13:24:15 GMT2016-10-28T13:24:15Z

ATLANTA (AP) -- Six months into a deepening drought, the weather is killing crops, threatening cattle and sinking lakes to their lowest levels in years across much of the South....