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

AP Top Business News at 12:09 a.m. EST

AP Top Business News at 12:09 a.m. EST


Asian shares track weakness on Wall St; China shares higher


TOKYO (AP) -- Shares were lower in early Asian trading Wednesday after a lackluster session on Wall Street, where the Dow industrial average ended almost flat after backtracking from a broad rally earlier in the day....

Autonomous cars loom, but the Detroit auto show goes on


DETROIT (AP) -- The North American International Auto Show in Detroit opened to the press this week with one big question hanging in the air: How will autonomous vehicles change the industry?...

Conservatives balk at GOP plan to avert government shutdown


WASHINGTON (AP) -- Disgruntled conservatives threatened late Tuesday to scuttle Republican leaders' plans to prevent a weekend government shutdown, saying GOP leaders now lack the votes to push their proposal through the House. The setback came as a deal between President Donald Trump and Congress to protect young immigrants from deportation also remained distant....

Consumer watchdog considering repeal of payday lending rule


NEW YORK (AP) -- The Consumer Financial Protection Bureau has decided to reconsider a key set of rules enacted last year that would have protected consumers against harmful payday lenders....

Tax law brings big paper losses, long-term gains to US banks


NEW YORK (AP) -- Big U.S. banks have been reporting billions of dollars in paper losses this month as they are forced to come into compliance with the new tax law. And while the losses are massive, they were largely expected, and bank executives say the new tax law will be good for banks as well as the economy in the long run....

Wave of lawsuits filed to block net-neutrality repeal


NEW YORK (AP) -- The expected wave of litigation against the Federal Communications Commission's repeal of net-neutrality rules has begun....

New small cars unveiled at auto show but will anyone buy?


DETROIT (AP) -- Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte....

Concept cars from Japan automakers offer glimpse into future


DETROIT (AP) -- Japanese vehicle brands are exploring new design ideas - and figuring out what sets them apart from their U.S. and European rivals - with new prototype vehicles....

GE to pay $15B for past mistakes amid breakup speculation


SAN FRANCISCO (AP) -- General Electric Co. will pay $15 billion to make up for the miscalculations of an insurance subsidiary as a new regime weighs future changes that could culminate in a breakup of a company conceived in the industrial age....

Walmart offers way to turn leftover opioids into useless gel


Walmart is helping customers get rid of leftover opioids by giving them packets that turn the addictive painkillers into a useless gel....