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Preview: AP Top Business News At 1:44 a.m. EST

AP Top Business News at 6:55 p.m. EST

AP Top Business News at 6:55 p.m. EST


Tax package would lower top tax rate for wealthy Americans


WASHINGTON (AP) -- Congressional Republicans on Tuesday rushed toward a deal on a massive tax package that would reduce the top tax rate for wealthy Americans to 37 percent and slash the corporate rate to a level slightly higher than what businesses and conservatives wanted....

House and Senate tax bills treat disaster victims unequally


If the House Republican tax bill became law, victims of hurricanes in Texas and Florida who've yet to account for all their losses could deduct them on their 2018 taxes. Not so for victims of the California wildfires....

Some of Facebook's early friends now its sharpest critics


NEW YORK (AP) -- Some of Facebook's former friends are starting to express some serious doubts about the social network they helped create....

Paris hosts major climate summit _ and it's all about Trump


PARIS (AP) -- The global climate summit in Paris was designed to bypass Donald Trump, but the U.S. president ended up playing a starring role....

Follow the money: investors lead charge on climate change


BERLIN (AP) -- An international summit Tuesday to mark the second anniversary of the Paris climate agreement has drawn world leaders, celebrities, companies and environmental groups to the French capital, all aiming to keep up momentum on efforts to curb global warming....

US stock indexes close mostly up; New highs for S&P 500, Dow


Big-name companies notched gains on Wall Street Tuesday, delivering more records for two of the major stock indexes....

US wholesale prices up 0.4 percent in November


WASHINGTON (AP) -- Prices at the wholesale level rose 0.4 percent in November and 3.1 percent over the past year. It was the biggest annual jump in nearly six years and reflected a big spike in the price of gasoline and other energy products....

US budget deficit totals $138.5 billion in November


WASHINGTON (AP) -- The federal government collected a record amount of tax income for the month of November and also had a record level of spending for the month, producing a budget deficit of $138.5 billion, up slightly from a year ago....

Minnesota announces restrictions on using herbicide dicamba


MINNEAPOLIS (AP) -- Minnesota announced restrictions Tuesday on how farmers can use the herbicide dicamba in 2018, responding to complaints by soybean growers across the country that it harmed their crops this year....

NBC's 'Today' in ratings lead after Matt Lauer's firing


NEW YORK (AP) -- Matt who? NBC's "Today" show was the most-watched morning program for the first full week after long-time host Matt Lauer was fired because of sexual misconduct charges....