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Last Updated Dec 7, 2016 01:05AM

Oil retreated from a 16-month high after OPEC pumped a record amount of crude in November. Futures slid as much as 2.9 percent in New York after rising 15 percent over the previous four sessions. OPEC...

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  • May accepts call to reveal details of Brexit strategy
    London • U.K. Prime Minister Theresa May agreed to reveal more details of her plans for Brexit but challenged lawmakers to back her proposed timetable...
    Updated Dec 07 2016 01:05 am   |     |   Share
  • Michigan State pulling $100M from hedge funds
    At Michigan State University, it’s out with the old hedge funds and in with the quants. After posting a 4.3 percent loss in its last fiscal year, the ...
    Updated Dec 07 2016 01:05 am   |     |   Share
  • Canada bank bonus pool rises is slowest in six years
    Canada’s six biggest banks set aside 2 percent more for bonuses this year than last, the smallest increase since 2010, as Royal Bank of Canada and Nat...
    Updated Dec 07 2016 01:05 am   |     |   Share
  • Supreme Court ruling a win for Samsung
    The Supreme Court gave Samsung Electronics its first good news in a while on Tuesday, reversing a nearly $400 million verdict against it for infringin...
    Updated Dec 07 2016 01:05 am   |     |   Share


MORE MONEY STORIES
  • Myanmar fears currency slide as Fed hike looms
    Myanmar’s central bank is braced for a deeper slide in the nation’s currency and has little scope to tackle the decline after the kyat fell the most i...
    Updated Dec 07 2016 01:05 am   |     |   Share
  • President-elect Donald Trump, accompanied by SoftBank CEO Masayoshi Son, speaks to members of the media at Trump Tower in New York, Tuesday, Dec. 6, 2016. (AP Photo/Andrew Harnik) Trump: Japanese mogul to put $50B into U.S.
    Washington • After meeting with Donald Trump on Tuesday, Japanese tech billionaire Masayoshi Son said he will invest $50 billion in the United States ...
    Updated Dec 06 2016 06:48 pm   |     |   Share
  • Job placement firm sued for bias against blacks
    Chicago • A national job-placement firm discriminated against blacks in favor of Hispanic workers to comply with racially based criteria of companies ...
    Updated Dec 06 2016 06:48 pm   |     |   Share
  • Gamers convention to stay in Indianapolis
    Indianapolis • A massive video game convention that once threatened to leave Indianapolis during an intense public debate over LGBT rights announced T...
    Updated Dec 06 2016 06:48 pm   |     |   Share
  • A camper walks through the Oceti Sakowin camp where people have gathered to protest the Dakota Access oil pipeline in Cannon Ball, N.D., Tuesday, Dec. 6, 2016. An overnight storm brought several inches of snow, winds gusting to 50 mph and temperatures that felt as cold as 10 degrees below zero. (AP Photo/David Goldman) Pipeline foes ride out storm in shelters, casino
    Mandan, N.D. • Some protesters who have been fighting the Dakota Access pipeline retreated to a nearby casino and area shelters overnight as a blizzar...
    Updated Dec 06 2016 06:30 pm   |     |   Share
  • House Speaker Paul Ryan of Wis. leaves a news conference with the GOP leadership, on Capitol Hill in Washington, Tuesday, Dec. 6, 2016. (AP Photo/Manuel Balce Ceneta) Trump Tower security in stopgap spending bill
    Washington • Lawmakers are tacking on money for security around Trump Tower in New York and funds for health care for retired coal miners to a stopgap...
    Updated Dec 06 2016 06:21 pm   |     |   Share
  • FILE - In this Thursday, Dec. 1, 2016, file photo, President-elect Donald Trump, left, and Vice President-elect Mike Pence acknowledge the crowd during the first stop of his post-election tour, in Cincinnati. The Heritage Foundation says Pence will deliver a speech Tuesday night, Dec. 6, 2016, to a conservative group at Trump’s new hotel in Washington, about areas of focus for the Trump administration in the first 200 days. (AP Photo/John Minchillo, File) Trump DC hotel attracts envoys and controversy
    New York • Donald Trump’s new luxury hotel in Washington D.C. has been attracting foreign envoys, special interest groups — and a bit of controversy. ...
    Updated Dec 06 2016 06:12 pm   |     |   Share
  • Australian leader rules out taxes on polluters
    Canberra, Australia • Australia’s prime minister on Wednesday ruled out making power companies pay for greenhouse gas pollution they create — a policy...
    Updated Dec 06 2016 06:09 pm   |     |   Share
  • FILE - In this Dec. 12, 2013 file photo, a man passes by the Samsung Electronics Co. logos at its headquarters in Seoul, South Korea. A unanimous Supreme Court on Tuesday, Dec. 6, 2016, sided with smartphone maker Samsung in its high-profile patent dispute with Apple over design of the iPhone. The justices said Samsung may not be required to pay all the profits it earned from 11 phone models because the features at issue are only a tiny part of the devices.  (AP Photo/Ahn Young-joon, File) High court backs Samsung over Apple
    Washington • The Supreme Court unanimously sided with smartphone maker Samsung on Tuesday in its high-profile patent dispute with Apple over design of...
    Updated Dec 06 2016 06:09 pm   |     |   Share
  • CEOs more optimistic about sales, hiring
    Chief executive officers of some of the largest U.S. companies became more optimistic about their sales and hiring prospects in the weeks before and a...
    Updated Dec 06 2016 06:06 pm   |     |   Share
  • Verizon selling data centers to Equinix for $3.6B
    Verizon Communications Inc. agreed to sell its data-centers business to Equinix Inc. for $3.6 billion in cash as the company turns its focus to mobile...
    Updated Dec 06 2016 05:51 pm   |     |   Share
  • Apple to start publishing research on AI
    Apple will allow its artificial intelligence teams to publish research papers for the first time, marking a significant change in strategy that could ...
    Updated Dec 06 2016 05:39 pm   |     |   Share
  • Alaska Air wins OK to take over Virgin America
    Alaska Air Group Inc. won U.S. antitrust approval for its acquisition of Virgin America Inc., a takeover that extends years of consolidation in the in...
    Updated Dec 06 2016 05:36 pm   |     |   Share
  • Trump invites opposing tech leaders to talk
    President-elect Donald Trump has invited technology leaders, many of whom supported his opponent, to a discussion next week in New York as Silicon Val...
    Updated Dec 06 2016 05:30 pm   |     |   Share
  • Chipotle, Michaels slump; Boeing up
    New York • Stocks that moved substantially or traded heavily on Tuesday: • Chipotle Mexican Grill Inc., down $29.90 to $366.37 The company’s CEO sai...
    Updated Dec 06 2016 05:27 pm   |     |   Share
  • FILE - This July 15, 2013, file photo, shows the New York Stock Exchange. Stock markets pushed higher on Tuesday, Dec. 6, 2016, as investors cheered another record day on Wall Street and looked past the political and economic uncertainty buffeting Europe. (AP Photo/Mark Lennihan, File) Phone and bank stocks push U.S. indexes higher
    New York • Stocks posted slight gains on Tuesday, sending the Dow Jones industrial average to another record, helped by shares of telecommunications c...
    Updated Dec 06 2016 05:24 pm   |     |   Share
  • |  Courtesy  Moab water reclamation facility site rendering. Growing Moab begins work on new sewer plant
    Moab has launched a $12.4 million project to replace its aging wastewater-treatment plant. Crews began clearing a five-acre site at the city’s north e...
    Updated Dec 06 2016 05:30 pm   |     |   Share
  • In this undated grab taken from video, a patient uses a robotic hand to drink from a cup, in Badalona, Spain. Scientists have developed a mind-controlled robotic hand that allows people with certain types of spinal injuries to perform everyday tasks such as using a fork or drinking from a cup. (Mario Cortese video via AP) Scientists develop robotic hand for quadriplegics
    Berlin • Scientists have developed a mind-controlled robotic hand that allows people with certain types of spinal injuries to perform everyday tasks s...
    Updated Dec 06 2016 01:15 pm   |     |   Share
  • FILE - This Monday, Sept. 12, 2016, file photo, shows the exterior of the Trump International Hotel in downtown Washington. The Heritage Foundation says Vice President-elect Mike Pence will deliver a speech Tuesday night, Dec. 6, 2016, to a conservative group at President-elect Donald Trump’s new hotel in Washington, about areas of focus for the Trump administration in the first 200 days. (AP Photo/Pablo Martinez Monsivais, File) Pence to talk at Trump’s new DC hotel
    New York • Vice President-elect Mike Pence will deliver a speech on Tuesday night to a conservative group at Donald Trump’s new Washington D.C. hotel,...
    Updated Dec 06 2016 12:51 pm   |     |   Share
  • German court paves way for nuclear compensation
    Berlin • Germany’s highest court opened the way on Tuesday for potentially costly compensation claims from electricity companies over the government’s...
    Updated Dec 06 2016 10:54 am   |     |   Share