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Headlines from the Associated Press



Headlines from the Associated Press



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Global shares track weakness on Wall St; China shares higher

Wed, 17 Jan 2018 09:38:30 GMT2018-01-17T09:38:30Z

TOKYO (AP) -- Shares were lower Wednesday in Asia after a flip-flop session on Wall Street, where the Dow industrial average ended almost flat after backtracking from a broad rally earlier in the day....



Apple supplier denies charges of unsafe, unclean conditions

Wed, 17 Jan 2018 09:26:22 GMT2018-01-17T09:26:22Z

SHANGHAI (AP) -- An Apple Inc. supplier in eastern China has denied allegations by a New York rights group that its workers toil for ten-hour shifts in loud, polluted conditions, without proper overtime pay or adequate safety protections to make MacBook and iPhone parts, before returning to filthy dormitories with cold showers....



Burberry shares down sharply on disappointing holiday sales

Wed, 17 Jan 2018 09:02:54 GMT2018-01-17T09:02:54Z

LONDON (AP) -- Burberry shares are down over 6 percent in early trading after the luxury fashion house reported disappointing retail sales for the holiday season....



Politics in China weighs heavily on business

Wed, 17 Jan 2018 07:46:42 GMT2018-01-17T07:46:42Z

BEIJING (AP) -- Politics weighs more heavily on foreign companies in China than it has in nearly three decades....



Asian shares track weakness on Wall St; China shares higher

Wed, 17 Jan 2018 07:09:05 GMT2018-01-17T07:09:05Z

TOKYO (AP) -- Shares were lower Wednesday in Asia after a flip-flop session on Wall Street, where the Dow industrial average ended almost flat after backtracking from a broad rally earlier in the day....



Autonomous cars loom, but the Detroit auto show goes on

Tue, 16 Jan 2018 23:34:32 GMT2018-01-16T23:34:32Z

DETROIT (AP) -- The North American International Auto Show in Detroit opened to the press this week with one big question hanging in the air: How will autonomous vehicles change the industry?...



CSX 4Q profit up 25 percent and railroad gets tax-cut boost

Tue, 16 Jan 2018 23:25:03 GMT2018-01-16T23:25:03Z

OMAHA, Neb. (AP) -- CSX Corp. reported Tuesday that its fourth-quarter profit grew 25 percent as it further cut expenses, and on top of it the railroad booked a $3.6 billion benefit from the corporate tax cut Congress approved last year....



Ford says profits will fall in 2018

Tue, 16 Jan 2018 23:21:11 GMT2018-01-16T23:21:11Z

DETROIT (AP) -- Ford Motor Co. says its pretax earnings will likely fall in 2018 as U.S. sales soften, commodity costs increase and it invests heavily in new electric and hybrid vehicles....



Rates mixed at weekly US Treasury bill auction

Tue, 16 Jan 2018 23:07:12 GMT2018-01-16T23:07:12Z

WASHINGTON (AP) -- Interest rates on short-term Treasury bills were mixed in Tuesday's auction with rates on three-month bills unchanged while rates on six-month bills rose to their highest levels in more than nine years....



Consumer watchdog considering repeal of payday lending rule

Tue, 16 Jan 2018 22:26:26 GMT2018-01-16T22:26:26Z

NEW YORK (AP) -- The Consumer Financial Protection Bureau has decided to reconsider a key set of rules enacted last year that would have protected consumers against harmful payday lenders....