Headlines from the Associated Press

Takata sells auto interiors unit as recall costs rise

Wed, 28 Sep 2016 14:22:27 GMT2016-09-28T14:22:27Z

DETROIT (AP) -- Troubled air bag maker Takata Corp. of Japan is selling its automotive interior trim and seating material operation, raising cash as its inflator recall costs continue to mount....

Yellen defends tougher banking regulations

Wed, 28 Sep 2016 14:17:40 GMT2016-09-28T14:17:40Z

WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen says the financial health of the nation's banking system has strengthened considerably since the 2008 financial crisis, in part because of tougher regulations passed by Congress in 2010....

Markets Right Now: US stocks open higher

Wed, 28 Sep 2016 13:44:09 GMT2016-09-28T13:44:09Z

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

EU launches anti-trust probe into Deutsche Boerse-LSE merger

Wed, 28 Sep 2016 13:43:41 GMT2016-09-28T13:43:41Z

BRUSSELS (AP) -- The European Commission has launched a probe into the planned merger of Germany's Deutsche Boerse AG and the London Stock Exchange Group over concerns the move could stifle competition....

Tribune Media completes sale of Tribune Tower, other assets

Wed, 28 Sep 2016 13:38:05 GMT2016-09-28T13:38:05Z

NEW YORK (AP) -- Tribune Media has completed the sale of several real estate assets, including the Tribune Tower in Chicago....

Ford recalls Focus hatchbacks for latch release problem

Wed, 28 Sep 2016 13:27:35 GMT2016-09-28T13:27:35Z

DETROIT (AP) -- Ford is recalling about 74,000 Focus hatchback cars with manual transmissions in the U.S. and Canada because the hatches can be unlatched too easily while the cars are moving....

Germany's Lufthansa acquiring remainder of Brussels Airlines

Wed, 28 Sep 2016 13:04:42 GMT2016-09-28T13:04:42Z

BERLIN (AP) -- Germany's Lufthansa says it is taking over Brussels Airlines, exercising its option to acquire the remaining 55 percent stake in its parent company, SN Airholding....

Orders for US durable goods slipped slightly in August

Wed, 28 Sep 2016 12:52:02 GMT2016-09-28T12:52:02Z

WASHINGTON (AP) -- U.S. factories saw slightly fewer orders for big-ticket manufactured goods in August, with a decline in aircraft orders accounting for the modest slip....

Orders to US factories for durable goods edged down in August, as volatile aircraft catego...

Wed, 28 Sep 2016 12:30:51 GMT2016-09-28T12:30:51Z

WASHINGTON (AP) -- Orders to US factories for durable goods edged down in August, as volatile aircraft category causes slight dip....

Wells Fargo claws back part of CEO, other executive's salary

Wed, 28 Sep 2016 04:02:56 GMT2016-09-28T04:02:56Z

WASHINGTON (AP) -- Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to stem a scandal over its sales practices....

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