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

AP Top Business News at 8:35 p.m. EST

AP Top Business News at 8:35 p.m. EST


Report: Uber exec out after failing to disclose allegation


NEW YORK (AP) -- A top engineering executive at Uber, Amit Singhal, is out five weeks after his hire was announced. According to a report in the tech blog Recode, Singhal failed to disclose that he'd left his previous job at Google because of a sexual harassment allegation....

New highs for US stocks; Dow win streak longest since 1987


Wall Street notched another set of milestones Monday as the Dow Jones industrial average closed at a record high for the 12th consecutive time, the longest winning streak for the 30-company average in 30 years....

Senate confirms billionaire investor as commerce secretary


WASHINGTON (AP) -- The Senate on Monday confirmed billionaire investor Wilbur Ross as commerce secretary as President Donald Trump adds to his economic team....

Takata pleads guilty in air bag scandal, agrees to pay $1B


DETROIT (AP) -- Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in the U.S....

The Latest: Judge: Higher fine wouldn't help Takata victims


DETROIT (AP) -- The Latest on Takata's guilty plea in an investigation of dangerous air bag inflators (all times local):...

Ground broken on new $1.6B terminal at Los Angeles airport


LOS ANGELES (AP) -- Construction has begun on a new $1.6 billion terminal at Los Angeles International Airport....

Pressure on GOP to revamp health law grows, along with rifts


WASHINGTON (AP) -- President Donald Trump declared Monday that "Nobody knew that health care could be so complicated." Yet the opposite has long been painfully obvious for top congressional Republicans, who face mounting pressure to scrap the law even as problems grow longer and knottier....

Oscars mistake puts consulting firm's reputation in jeopardy


LONDON (AP) -- For 82 years, accounting and consulting firm PwC has enjoyed a reputational boon from handling the balloting process at the Academy Awards....

ADB says Asia needs to double infrastructure spending


MANILA, Philippines (AP) -- The Asian Development Bank says developing countries in Asia and the Pacific will need to invest up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum - more than double the previous estimate in 2009....

Report: Interior Dept law enforcement chief 'unprofessional'


WASHINGTON (AP) -- The Interior Department's law enforcement director "demonstrated a pattern of unprofessional behavior" by touching and hugging female employees and making flirtatious remarks, the agency's inspector general said in a report released Monday....