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AP Top Business News at 3:37 p.m. EST



 



US stock indexes stay stuck; bond yields and dollar rise

2017-01-18T20:11:42Z

NEW YORK (AP) -- U.S. stock indexes stuck to their holding pattern Wednesday, as the Standard & Poor's 500 index entered its most listless stretch of trading in more than three years. Bond yields and the dollar resumed their moves higher....



With job announcements, firms appear to seek Trump approval

2017-01-18T18:43:20Z

WASHINGTON (AP) -- From Wal-Mart to General Motors to Amazon, a growing number of the world's largest companies appear to be trying to get in step with President-elect Donald Trump's demand that employers hire and keep jobs at home....



For driverless cars, a moral dilemma: Who lives or dies?

2017-01-18T19:16:35Z

BOSTON (AP) -- Imagine you're behind the wheel when your brakes fail. As you speed toward a crowded crosswalk, you're confronted with an impossible choice: veer right and mow down a large group of elderly people or veer left into a woman pushing a stroller....



EU, UK take contrasting messages from May's Brexit speech

2017-01-18T18:07:00Z

LONDON (AP) -- European Union leaders on Wednesday punctured U.K. optimism about a smooth and mutually beneficial divorce between Britain and the EU, declaring that, no matter what British Prime Theresa May thinks, Britain can't dictate the terms of the separation....



Yellen says Fed close to achieving its economic goals

2017-01-18T20:14:40Z

WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen says the economy has come a long way in recovering from the 2008 financial crisis, and the Fed is getting close to achieving its goals of maximum employment and stable inflation....



Price says affordability, access key to health care reform

2017-01-18T18:15:43Z

WASHINGTON (AP) -- President-elect Donald Trump's pick for health secretary said Wednesday that access and affordability were his goals for revamping health care, and he offered assurances that the new administration is not planning to launch a Medicare overhaul....



Credit Suisse to pay $5.3B over mortgage-backed securities

2017-01-18T20:36:46Z

NEW YORK (AP) -- Credit Suisse is paying $5.3 billion to settle claims that it misled investors about the quality of mortgage-backed securities that it sold in the lead-up to the 2008 financial crisis....



Consumer agency sues Navient over student loan repayments

2017-01-18T19:55:00Z

WASHINGTON (AP) -- Federal regulators have sued Navient, accusing the biggest U.S. student loan company of making it harder for borrowers to repay loans by giving them bad information, processing payments incorrectly and failing to act on complaints....



In break with Trump, EPA pick says climate change isn't hoax

2017-01-18T19:59:31Z

WASHINGTON (AP) -- Donald Trump's choice to head the Environmental Protection Agency said Wednesday that climate change is real, breaking with both the president-elect and his own past statements....



Insurance equality? States push for cost-free vasectomies

2017-01-18T18:51:55Z

ALBANY, N.Y. (AP) -- Call it contraception equality....