AP Top Business News At 3:18 p.m. EDT

Finance officials see rising risks to economic recovery
WASHINGTON (AP) -- Global finance officials see a number of growing threats on the horizon to the economy's post-recession recovery....

BMW recalling 91,800 Mini Coopers to fix air bag problem
BMW is recalling 91,800 Mini Coopers to fix a defect that may prevent the air bag on the front passenger side of the cars from deploying in a crash....

In NYC, debate over saving small shops amid chains' rise
NEW YORK (AP) -- New York is increasingly becoming chain store city....

Cyprus passes insolvency laws, clears rescue program hurdle
NICOSIA, Cyprus (AP) -- Lawmakers in Cyprus on Saturday passed key insolvency laws designed to open the taps for more international bailout cash....

After Alps crash, some experts ponder flights without pilots
NEW YORK (AP) -- To improve airline safety, maybe we need to remove the pilots....

China: New bank to enhance international finance system
WASHINGTON (AP) -- China's proposed infrastructure bank for Asia is intended to complement, not replace, existing lenders dominated by the U.S. and Japan, a senior Chinese official said Friday....

Greek 'day of reckoning' shakes stock markets
NEW YORK (AP) -- Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday....

Jamaica's government organizes trade mission to Cuba
KINGSTON, Jamaica (AP) -- The Jamaican government is organizing a trade mission to Cuba with representatives from 18 private sector companies....

Obama defends pursuit of sweeping trade pact
WASHINGTON (AP) -- President Barack Obama on Friday defended his pursuit of a sweeping trade pact as good for American workers in a global economy, dismissing fierce opposition from his own party as a "ratification of the status quo."...

Philanthropist, shopping mall developer Taubman dies at 91
BLOOMFIELD HILLS, Mich. (AP) -- A. Alfred Taubman, the self-made Michigan billionaire whose philanthropy and business success - including weaving the enclosed shopping mall into American culture - was clouded by a criminal conviction late in his career, has died. He was 91....

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Unemployment by the numbers
Up to the Minute
US oil and natural gas rig count drops by 34 to 954

Recalls this week: blowers, bike hooks, mattresses, toys

GE posts $13.6 billion loss on finance unit sale

Why banks made more money last quarter

Business Highlights

After Alps crash, some experts ponder flights without pilots

Barbie shows signs of life as Mattel plots comeback

Mylan skeptical of rumored Teva bid; hasn't received offer

American Express and Mattel are big market movers

How the Dow Jones industrial average fared Friday


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