Business News

German Chancellor Angela Merkel, right, and Greek Prime Minister Alexis Tsipras brief the media prior to talks at the chancellery in Berlin, Germany, Friday, Dec. 16, 2016. (AP Photo/Markus Schreiber)
December 16, 2016 - 7:45 am
BERLIN (AP) — Greece's prime minister said that he wants to help Greeks who have made "enormous sacrifices in the name of Europe" as he visited German Chancellor Angela Merkel on Friday amid an argument about a Christmas bonus payment for low-earning pensioners. The bonus plan prompted creditors to...
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December 16, 2016 - 7:30 am
WASHINGTON (AP) — Builders pulled back on constructing homes in November, after ground breakings surged in October to the strongest pace in more than nine years. The Commerce Department says housing starts fell 18.7 percent last month to a seasonally adjusted 1.09 million. The decline likely...
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Customers stand in line to pay for cases of water at an H-E-B store Thursday, Dec. 15, 2016, in Corpus Christi, Texas. The city is warning its 320,000 residents not to use tap water because it might be contaminated with petroleum-based chemicals, prompting a rush on bottled water and the closure of local schools. (Gabe Hernandez/Corpus Christi Caller-Times via AP)
December 16, 2016 - 6:39 am
CORPUS CHRISTI, Texas (AP) — Officials eased restrictions on tap water use in outlying parts of Corpus Christi, nearly 24 hours after warning all 320,000 residents of the Gulf Coast city to stop using it because a harmful chemical had leaked from an industrial plant into the water supply. The city...
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December 16, 2016 - 5:38 am
CARACAS, Venezuela (AP) — Venezuela has become a country without cash. On Friday, the country's most widely-used banknote went out of circulation. But the higher-denomination bills that are supposed to replace the 100-bolivar note have not arrived at banks or ATMs. People are relying on credit...
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December 16, 2016 - 5:31 am
JAKARTA, Indonesia (AP) — Greenpeace and WWF have suspended their relationship with one of Indonesia's leading pulp and paper companies, saying it didn't live up to promises to stop clearing virgin forests and peatlands. The two organizations were members of an advisory committee for Asia Pacific...
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December 16, 2016 - 4:39 am
FRANKFURT, Germany (AP) — Volkswagen's sales just keep going up despite its scandal over cars that cheated on diesel emissions tests. The German auto maker sold 7.9 percent more cars in November compared to a year ago. Volkswagen's core brand and its other makes including Audi, Skoda and SEAT sold...
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December 16, 2016 - 4:30 am
WASHINGTON (AP) — The Obama administration is giving consumers a few extra days to sign up on in time for health insurance coverage to take effect Jan. 1. The new deadline is 11:59 p.m. Pacific time on Monday, Dec. 19, says Kevin Counihan, CEO of the federal health insurance markets...
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December 16, 2016 - 3:59 am
MANILA, Philippines (AP) — Philippine environment officials have canceled a compliance certificate for a housing project by President-elect Donald Trump's business associate, saying it would endanger a watershed that supplies drinking water to 12 million people. Century Communities Corp. seeks to...
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FILE - In this Friday, Nov. 29, 2013, file photo, containers are organized in stacks at the China (Shanghai) Pilot Free Trade Zone at the Yangshan Deep Water Port in Shanghai, China. Chinese leaders are meeting to set economic goals for 2017 amid pressure from U.S. President-elect Donald Trump over trade and market access. The government of President Xi Jinping has promised to give market forces a bigger role. But reform advocates complain it has failed to reduce the dominance of state industry. (AP Photo/Eugene Hoshiko, File)
December 16, 2016 - 3:12 am
BEIJING (AP) — China's leaders have pledged to keep its currency stable and reduce financial risks as they wrapped up an annual planning meeting. A brief dispatch by the official Xinhua News Agency on Friday said leaders agreed 2017 is an "important year" for economic reform but it gave no details...
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Trader Peter Tuchman wears his "Dow Almost 20,000" cap as he works on the floor of the New York Stock Exchange, Thursday, Dec. 15, 2016. Stocks are opening moderately higher on Wall Street and the dollar is making more gains against other currencies a day after the Federal Reserve raised its benchmark interest rate. (AP Photo/Richard Drew)
December 16, 2016 - 3:06 am
HONG KONG (AP) — World stock markets were tepid Friday while the dollar consolidated its gains as investors adjust to the new reality of a future with higher U.S. interest rates. KEEPING SCORE: European shares were lackluster in early trading. France's CAC 40 slipped 0.1 percent to 4,814.13 and...
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