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Preview: AP Top Business News At 6:40 p.m. EST

AP Top Business News at 10:01 p.m. EDT

AP Top Business News at 10:01 p.m. EDT

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OPEC reaches preliminary accord to curb oil production

Wed, 28 Sep 2016 23:16:23 GMT2016-09-28T23:16:23Z

ALGIERS, Algeria (AP) -- OPEC nations reached a preliminary agreement Wednesday to curb oil production for the first time since the global financial crisis eight years ago, in an effort to reduce a global glut of crude that has depressed oil prices for more than two years and weakened the economies of oil-producing nations....

Yellen says economy likely ready for rate hike later in 2016

Wed, 28 Sep 2016 21:47:30 GMT2016-09-28T21:47:30Z

WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen said Wednesday that the central bank has no "fixed timetable" for raising interest rates but she believes the economy is ready for a rate hike by the end of the year....

FDA approves 'artificial pancreas' to manage diabetes

Thu, 29 Sep 2016 00:59:37 GMT2016-09-29T00:59:37Z

WASHINGTON (AP) -- Federal regulators have approved a first-of-a-kind "artificial pancreas," a device that can help some diabetes patients manage their disease by constantly monitoring their blood sugar and delivering insulin as needed....

Energy stocks surge on oil deal hopes, sending market higher

Wed, 28 Sep 2016 22:03:26 GMT2016-09-28T22:03:26Z

NEW YORK (AP) -- Energy companies powered to big gains Wednesday, leading the broader stock market higher, on reports that OPEC nations were moving closer to an agreement to cut oil production....

US soda-tax battle bubbles up in San Francisco Bay Area

Thu, 29 Sep 2016 01:22:30 GMT2016-09-29T01:22:30Z

SAN FRANCISCO (AP) -- The national fight over sugary soda is bubbling up in the San Francisco Bay Area, where voters in November will consider a tax on the drinks that many health experts say contribute to diabetes, obesity and tooth decay....

Air rage incidents reported by airlines on the rise

Wed, 28 Sep 2016 18:01:11 GMT2016-09-28T18:01:11Z

WASHINGTON (AP) -- Incidents of unruly passengers on planes are increasing, and more effective deterrents are needed to tackle the problem, a global airline trade group said Wednesday....

Wells Fargo CEO to face lawmakers with better defense

Wed, 28 Sep 2016 22:56:09 GMT2016-09-28T22:56:09Z

WASHINGTON (AP) -- Wells Fargo's CEO, newly stripped of tens of millions in compensation in a scandal over sales practices, will face lawmakers with more defenses than he had in the last round, when some senators called for his resignation....

Apple partners with Deloitte in pitch to business

Wed, 28 Sep 2016 21:14:20 GMT2016-09-28T21:14:20Z

CUPERTINO, Calif. (AP) -- Apple is extending its push into selling business technology by forging a partnership with the Deloitte consulting firm to advise companies on using iPhones, iPads and Apple software in the workplace....

California suspends some Wells Fargo business amid scandal

Wed, 28 Sep 2016 22:55:17 GMT2016-09-28T22:55:17Z

SACRAMENTO, Calif. (AP) -- California's treasurer said Wednesday that he's suspending some of the state's most profitable lines of business with Wells Fargo amid allegations bank employees opened millions of accounts without customers' permission....

HP promises fix for printer software that barred outside ink

Wed, 28 Sep 2016 22:31:49 GMT2016-09-28T22:31:49Z

SAN JOSE, Calif. (AP) -- HP Inc. has apologized to customers for a software update that made some of its printers stop working with ink cartridges from competing suppliers, even if the printers had accepted the same cartridges in the past....