AP
  • By JULIE PACE and JULIE BYKOWICZ Associated Press
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WASHINGTON (AP) — President-elect Donald Trump moved closer to nominating Exxon Mobil CEO Rex Tillerson as his secretary of State on Saturday, a decision that would bring a business leader with close ties to Russia into the Cabinet.

AP
  • By VLADIMIR ISACHENKOV Associated Press
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MOSCOW (AP) — Russia's Rosneft oil company said Saturday that commodities company Glencore and Qatar's sovereign wealth fund will invest $3 billion of their own funds to acquire a 19.5 percent stake in Rosneft.

AP
  • By KIYOKO METZLER and PHILIPP-MORITZ JENNE Associated Press
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VIENNA (AP) — OPEC has persuaded 11 non-members to cut oil production, a move aimed at draining a worldwide oil glut and boosting low prices that have squeezed government finances in Russia and Saudi Arabia.

AP
  • By VESELIN TOSHKOV Associated Press
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SOFIA, Bulgaria (AP) — A derailed tanker train exploded Saturday and decimated a village in northeastern Bulgaria, killing seven people and leaving least 29 injured, many with severe burns, the Interior Ministry said.

AP
  • By RICARDO ALONSO-ZALDIVAR Associated Press
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WASHINGTON (AP) — One by one, key health care industry groups are telling the incoming Republican administration and Congress that it's not a good idea to repeal the 2010 health care law without clear plans to address the consequences.

AP
  • By EILEEN SULLIVAN, CHAD DAY and RANDALL CHASE Associated Press
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WASHINGTON (AP) — President-elect Donald Trump shut down some of his companies in the days after the election, including four that appeared connected to a possible Saudi Arabia business venture, according to corporate registrations in Delaware.

AP
  • By JULIE PACE AP White House Correspondent
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WASHINGTON (AP) — In the heat of the presidential campaign, Donald Trump accused primary rival Ted Cruz of being controlled by Goldman Sachs because his wife, Heidi, previously worked for the Wall Street giant. He slammed Hillary Clinton for receiving speaking fees from the bank.

AP
  • By MATTHEW BROWN Associated Press
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BILLINGS, Mont. (AP) — The company that owns Montana's largest mining complex announced Friday that it will be acquired by a South African company for $2.2 billion in a deal that requires U.S. government approval.

AP
  • By MATTHEW DALY and RICHARD LARDNER Associated Press
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WASHINGTON (AP) — President-elect Donald Trump's transition team is asking Energy Department employees for information about the agency's operations and personnel, including a list of employees and contractors who attended international meetings on climate change over the past five years.

AP
  • By MARLEY JAY AP Markets Writer
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NEW YORK (AP) — U.S. stocks rose for the sixth day in a row Friday as major indexes continued to set records. The biggest gains went to companies that have been mostly left out of the post-election rally, including health care companies and makers of household goods.

AP
  • By ELAINE KURTENBACH AP Business Writer
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TOKYO (AP) — Japanese Prime Minister Shinzo Abe won parliamentary approval Friday for ratification of the Trans-Pacific Partnership, despite U.S. President-elect Donald Trump's plan to withdraw from the 12-nation trade pact.

AP
  • By KEN THOMAS and JOSH BOAK Associated Press
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WASHINGTON (AP) — President-elect Donald Trump is expected to name Goldman Sachs president Gary Cohn to an influential White House economic post, two people informed of the decision said Friday.

AP
  • By STEVE PEOPLES Associated Press
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WASHINGTON (AP) — Still grappling with Donald Trump's surprise election, the nation's business community has begun to pressure the president-elect to abandon campaign-trail pledges of mass deportation and other hard-line immigration policies that some large employers fear would hurt the economy.

AP
  • By JILL LAWLESS Associated Press
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LONDON (AP) — British Brexit Secretary David Davis told London financial-sector bosses that he is "not really interested" in seeking a transitional deal with the European Union to soften the process of the U.K.'s exit from the bloc, the Financial Times reported Friday.

AP
  • By RICARDO ALONSO-ZALDIVAR Associated Press
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WASHINGTON (AP) — Key health care industry groups are telling the incoming Republican administration and Congress that it's not a good idea to repeal the 2010 health care law without clear plans to address the consequences.

AP
  • By GENE JOHNSON Associated Press
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SEATTLE (AP) — Washington has become the first U.S. state to sue the agrochemical giant Monsanto over pervasive pollution from PCBs, the toxic industrial chemicals that have accumulated in plants, fish and people around the globe for decades. The company said the case "lacks merit."

AP
  • Mary Altaffer
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FILE - This Tuesday, Oct. 25, 2016, file photo shows the New York Stock Exchange at sunset, in lower Manhattan. Global stocks continued to rise Friday, Dec. 9, 2016 as investors remained buoyed by the European Central Bank's decision to extend its bond-buying economic stimulus program. (AP P…

AP
  • By MARI YAMAGUCHI Associated Press
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TOKYO (AP) — The estimated cost of cleaning up Japan's wrecked Fukushima nuclear plant has doubled to nearly 22 trillion yen ($190 billion), with decommissioning expenses expected to continue to increase, a government panel said Friday.

AP
  • By EILEEN NG Associated Press Writer
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KUALA LUMPUR, Malaysia (AP) — Global stocks continued to rise Friday as investors remained buoyed by the European Central Bank's decision to extend its bond-buying economic stimulus program. South Korea's benchmark slipped as lawmakers voted to impeach President Park Geun-hye over a corrupti…

AP
  • Alastair Grant
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FILE - In this Wednesday, Feb. 11, 2009 file photo, the then British lawmaker David Davies attends a press conference in London. The Financial Times reports on Friday Dec. 9, 2016 that British Brexit Secretary David Davis told London financial-sector bosses that he is "not really interested"…

AP
  • By JULIE BYKOWICZ and ALAN FRAM Associated Press
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WASHINGTON (AP) — President-elect Donald Trump plans to add another wealthy business person and elite donor to his Cabinet, saying he would nominate fast-food executive Andrew Puzder as labor secretary.

AP
  • By GENE JOHNSON Associated Press
  • Updated
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SEATTLE (AP) — Washington on Thursday became the first U.S. state to sue the agrochemical giant Monsanto over pervasive pollution from PCBs, the toxic industrial chemicals that have accumulated in plants, fish and people around the globe for decades. The company said the case "lacks merit."

AP
  • By EILEEN NG Associated Press Writer
  • Updated
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KUALA LUMPUR, Malaysia (AP) — Asian shares meandered Friday as an overnight rally in U.S. markets helped by the European Central Bank's decision to extend its bond-buying economic stimulus program faded. South Korea's benchmark slipped as lawmakers prepared to vote on whether or not to impea…

AP
  • By JULIE BYKOWICZ and ALAN FRAM Associated Press
  • Updated
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WASHINGTON (AP) — President-elect Donald Trump plans to add another wealthy business person and elite donor to his Cabinet, saying he would nominate fast-food executive Andrew Puzder as labor secretary.

AP

ITHACA, N.Y. (AP) — A UPS driver who had stopped for something to eat was shot and killed early Thursday in a Wal-Mart parking lot by a motorist who then ran over him and later surrendered to authorities after an hourslong standoff at a nearby home, police and company officials said.

AP
  • By JAMES MacPHERSON Associated Press
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BISMARCK, N.D. (AP) — A company with a history of oil field-related spills in North Dakota and Montana is being hampered by winter weather in its cleanup of a "significant" pipeline break that leaked crude oil into a tributary of the Little Missouri River in western North Dakota, a regulator…

AP
  • Alex Brandon
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FILE - In this Nov. 17, 2016, file photo, House Majority Leader Kevin McCarthy of Calif. speaks to reporters on Capitol Hill in Washington. President-elect Donald Trump’s plan to use steep tariffs to punish companies that move overseas is running into an obstacle: Congressional Republicans. …

AP
  • By DEREK GATOPOULOS and ELENA BECATOROS Associated Press
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ATHENS, Greece (AP) — As thousands of Greeks protested against government spending cuts during a general strike that crippled the country Thursday, struggling Prime Minister Alexis Tsipras announced one-off measures to ease the burden on pensioners and island residents.