AP Top Business News at 6:12 p.m. EST

Stocks fall sharply as banks, tech sector take a beating
Wall Street rode another wave of selling Monday that sent U.S. stocks sharply lower, before a late-afternoon pullback stemmed some of the losses....

Audi tearjerker, 'Puppymonkeybaby' among Super Bowl winners
NEW YORK (AP) -- With 30-second Super Bowl ads costing up to $5 million, it's a huge gamble to advertise. As the Denver Broncos defeated the Carolina Panthers, there were winners and losers off the field, too. Here are the advertisers whose gamble paid off, and those who dropped the ball....

Feds find Fiat Chrysler gear shifters can confuse drivers
DETROIT (AP) -- Electronic gear shifters on some newer Fiat Chrysler SUVs and cars are so confusing that drivers have exited the vehicles with the engines running and while they are still in gear, causing crashes and serious injuries, U.S. safety investigators have determined....

Yellen will testify amid predictions of slower rate hikes
WASHINGTON (AP) -- Things looked so clear back in mid-December. The Federal Reserve raised its benchmark interest rate from record lows, and it signaled the likelihood of four more hikes in 2016....

Chesapeake says it has no plans to file for bankruptcy
NEW YORK (AP) -- Chesapeake Energy sought to assure investors Monday that it is not planning to file for bankruptcy protection. The announcement came after a news report that said it hired a law firm spooked investors and sent its stock plummeting....

UN agency proposes greenhouse gas emissions rules for planes
WASHINGTON (AP) -- A U.N. panel on Monday proposed long-sought greenhouse gas emissions standards for airliners and cargo planes, but they were quickly criticized by environmentalists as too weak to actually slow global warming....

Mazda recalls SUVs due to risk of fuel filler pipe ruptures
DETROIT (AP) -- Mazda is recalling some SUVs because the fuel filler pipe can rupture in a rear crash and cause a gas leak and possible fire....

India Internet ruling blocks Facebook 'Free Basics' program
SAN FRANCISCO (AP) -- India's government has essentially banned a Facebook program that sought to connect with low-income residents by offering free access to a limited version of the social network and other Internet services....

Cyprus ends tender for medium-term gas supply
NICOSIA, Cyprus (AP) -- Cyprus' Natural Gas Co. says it has ended a two-year bid to find suppliers of natural gas to fire up the east Mediterranean island's main power plant....

Chipotle urges workers to stay home if they're sick
NEW YORK (AP) -- Chipotle repeatedly told employees they need to stay home if they feel sick and the restaurant chain kept all its U.S. locations shuttered early Monday as executives went over new food safety procedures....

Business Video
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Twitter and Facebook are big market movers

Gap reports 7 pct drop for a key sales figure for 4Q

Business Highlights

Rates drop on 3-month and 6-month US Treasury bills

Highlights from Chipotle's employee meeting on food safety

How the Dow Jones industrial average fared on Monday

Chesapeake says it has no plans to file for bankruptcy

Stocks fall sharply as banks, tech sector take a beating

Chipotle urges workers to stay home if they're sick

Honda to recall new Civics because engines can fail

Latest News