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Headlines from the Associated Press



Headlines from the Associated Press



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Cereal maker General Mills to cut as many as 600 jobs

Mon, 05 Dec 2016 20:20:56 GMT2016-12-05T20:20:56Z

NEW YORK (AP) -- General Mills, which has been struggling with weaker sales for its cereal and yogurt, plans to cut between 400 and 600 jobs around the world as it restructures its business....



Dow hits another record as consumer and tech stocks rise

Mon, 05 Dec 2016 20:17:17 GMT2016-12-05T20:17:17Z

NEW YORK (AP) -- U.S. stocks are resuming their climb Monday, sending the Dow Jones industrial average to another record high. Banks put up some of the biggest gains, as did technology companies, which have been mostly left out of a post-election rally. Energy companies were higher as the price of oil reached its highest level since July 2015. Small-company stocks continued to outpace the rest of the market....



Amazon Go store is checkout free

Mon, 05 Dec 2016 18:58:47 GMT2016-12-05T18:58:47Z

NEW YORK (AP) -- Amazon is testing a grocery store model in Seattle that works without checkout lines....



US services firms grow at fastest pace since October 2015

Mon, 05 Dec 2016 17:18:05 GMT2016-12-05T17:18:05Z

WASHINGTON (AP) -- U.S. services companies expanded last month at their fastest pace in more than a year, an encouraging sign for the economy....



Markets Right Now: Dow at another high in midday US trading

Mon, 05 Dec 2016 16:53:42 GMT2016-12-05T16:53:42Z

NEW YORK (AP) -- The latest on developments in financial markets (All times local):...



Liz Weston: Gift cards aren't gifts

Mon, 05 Dec 2016 16:01:11 GMT2016-12-05T16:01:11Z

If it's the thought that counts, then gift cards don't count much at all....



Get used to it: Economists see "new normal" of slow growth

Mon, 05 Dec 2016 15:25:58 GMT2016-12-05T15:25:58Z

Americans should get used to a "new normal" of slow economic growth, business economists say....



Air Berlin sells stake in Austria's NIKI to Etihad for $319M

Mon, 05 Dec 2016 13:32:48 GMT2016-12-05T13:32:48Z

BERLIN (AP) -- German airline Air Berlin says it is selling its stake in Austrian carrier NIKI to Etihad for 300 million euros ($319 million)....



China appeals to US to stop disrupting acquisitions

Mon, 05 Dec 2016 10:31:08 GMT2016-12-05T10:31:08Z

BEIJING (AP) -- China urged Washington on Monday to stop disrupting its foreign corporate acquisitions after President Barack Obama blocked the purchase of a German maker of semiconductor manufacturing equipment as a security risk....



Royal Bank of Scotland settles claims of some shareholders

Mon, 05 Dec 2016 09:36:08 GMT2016-12-05T09:36:08Z

LONDON (AP) -- Royal Bank of Scotland says it has reached a settlement with three of five shareholder groups that sued over a 2008 share sale conducted by disgraced boss Fred Goodwin....