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Preview: AP Top Business News At 1:08 a.m. EST

AP Top Business News at 4:24 a.m. EST

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Shoppers mobilize on Thanksgiving, as retailers branch out

Fri, 24 Nov 2017 01:28:45 GMT2017-11-24T01:28:45Z

NEW YORK (AP) -- Shoppers are hitting the stores on Thanksgiving as retailers under pressure look for ways to poach shoppers from their rivals....

Rural California grapples with 'green rush' of pot growers

Fri, 24 Nov 2017 08:06:12 GMT2017-11-24T08:06:12Z

COPPEROPOLIS, Calif. (AP) -- The four young men had just started their marijuana harvest in rural Northern California when a dozen sheriff's deputies swooped in with guns drawn, arrested them and spent the day chopping down 150 bushy plants with machetes....

China cuts import tariffs on some consumer goods

Fri, 24 Nov 2017 06:29:03 GMT2017-11-24T06:29:03Z

BEIJING (AP) -- China announced tariff cuts Friday on consumer goods including avocados, mineral water and baby carriages in a new effort to spur economic growth driven by domestic consumption and reduce reliance on trade and investment....

Asian shares mixed, China in focus after big sell-off

Fri, 24 Nov 2017 06:34:15 GMT2017-11-24T06:34:15Z

HONG KONG (AP) -- Asian stock markets were mixed Friday with investors finding little guidance after Wall Street closed for the Thanksgiving holiday and Chinese markets in focus after a big sell-off the previous day....

AP Explains: What the Uber data breach is all about

Wed, 22 Nov 2017 23:09:56 GMT2017-11-22T23:09:56Z

When Uber paid a $100,000 ransom so that hackers who broke into its data warehouse would destroy the personal information they stole, it allowed the ride-sharing company to keep a massive breach of 57 million user and driver accounts secret for nearly a year....

Japan's Mitsubishi Materials reports faked quality data

Fri, 24 Nov 2017 09:22:47 GMT2017-11-24T09:22:47Z

TOKYO (AP) -- Mitsubishi Materials Corp., a maker of components used in autos, aircraft and electricity generation, has become the latest among major Japanese companies to report faked quality data....

The last straw? Uber loyalists tested by string of scandals

Thu, 23 Nov 2017 05:05:51 GMT2017-11-23T05:05:51Z

DETROIT (AP) -- Uber has managed to hold the title of world's largest ride-hailing service despite its seemingly endless string of scandals....

'Macron effect' fuels Paris bid for post-Brexit business

Thu, 23 Nov 2017 22:15:07 GMT2017-11-23T22:15:07Z

PARIS (AP) -- Banking giant Citigroup, fast food master KFC and elevator-maker Otis are planning to expand activities in France thanks in part to what they call the "Macron effect" - a surge in investor optimism driven by the French president's pro-business promises....

German business confidence rises amid optimism about future

Fri, 24 Nov 2017 09:13:35 GMT2017-11-24T09:13:35Z

BERLIN (AP) -- A closely watched survey shows German business confidence hit another record high in November, as firms' optimism about the future offset their slightly more pessimistic feelings about their current situation....

China reports breaking up gang that moved $3 billion abroad

Fri, 24 Nov 2017 06:38:36 GMT2017-11-24T06:38:36Z

BEIJING (AP) -- Chinese police say they have broken up a gang that smuggled 20 billion yuan ($3 billion) out of the country, evading financial controls imposed by Beijing to stem an outflow of capital from the economy....