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Preview: AP Top Business News At 1:21 a.m. EDT

AP Top Business News at 12:40 p.m. EDT

AP Top Business News at 12:40 p.m. EDT

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Trump: Health vote is last chance for GOP to do right thing
WASHINGTON (AP) -- President Donald Trump pressured Republicans Monday to approve the Senate's wheezing health care bill, saying a showdown vote planned for this week is their "last chance to do the right thing" and erase the Obama law....

Fed will likely focus on low inflation but leave rates alone
WASHINGTON (AP) -- The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment....

Australian consumer watchdog investigates air bag recall
SYDNEY (AP) -- Australia's consumer watchdog said on Monday it was urgently seeking information from the government regulator and car manufacturers after a magazine reported that recalled Takata air bags were being replaced by faulty air bags....

US home sales fell in June; would-be buyers can't find homes
WASHINGTON (AP) -- Homebuyers faced surging prices and a shrinking number of properties for sale in June - causing the pace of sales to fall....

US maker of panels in London fire: Others install them
ATLANTA (AP) -- The leader of the U.S. manufacturer of the panels outside a London apartment tower where at least 80 people died in a fire says his company quit selling them for high-rises because it can't control how they are installed....

IMF upgrades eurozone, Japan; leaves world outlook unchanged
WASHINGTON (AP) -- The International Monetary Fund upgraded the economic outlook for Europe, Japan and China this year. But the fund left its forecast for global growth unchanged from an April forecast, partly because the United States is unlikely to get much help from tax cuts and higher spending....

New York Times asks 'Fox & Friends' for apology
NEW YORK (AP) -- The New York Times is asking Fox News' morning show "Fox & Friends" to apologize for what the newspaper calls a "malicious and inaccurate segment" about the newspaper, intelligence leaks and the Islamic State that aired Saturday....

Sports retailer stocks fall as Hibbett posts gloomy outlook
NEW YORK (AP) -- More bad news for sporting goods retailers: Hibbett, a chain with more than 1,000 stores, said it expects a key sales figure to fall due to a "challenging" retail environment....

The Latest: Dog-walker saw chainsaw suspect in Swiss woods
BERLIN (AP) -- The Latest on an attack in the northern Swiss city of Schaffhausen (all times local):...

Europe concerned at impact of US energy sanctions on Russia
BRUSSELS (AP) -- European Union officials are "activating all diplomatic channels" to press home their concerns that looming U.S. energy sanctions against Russia could affect Europe's energy supplies, a spokesman said Monday....