Business News

AP Top Business News At 5:27 a.m. EST

OPEC seen unlikely to cut output despite oil glut
VIENNA (AP) -- OPEC oil ministers meeting in Vienna on Thursday are in a bind. Prices are plunging - and in the short term, the cartel may not be able to do much about it....

World stocks drift as stimulus cues awaited
TOKYO (AP) -- Share prices drifted Thursday but expectations for new stimulus in China and Europe helped to limit losses....

US agency threatens to act against air bag maker
DETROIT (AP) -- U.S. safety regulators threatened fines and legal action against Takata Corp. Wednesday unless the company admits that its driver's air bag inflators are defective and agrees to a nationwide recall....

Some in US illegally could get retirement benefits
WASHINGTON (AP) -- Many immigrants in the United States illegally who apply for work permits under President Barack Obama's new executive actions would be eligible for Social Security and Medicare benefits upon reaching retirement age, according to the White House....

3 Reasons holiday shoppers will spend cautiously
Falling gas prices. Soaring stock market. Unemployment at a six-year-low....

Weak consumer, business demand may slow US growth
WASHINGTON (AP) -- U.S. consumers and businesses spent cautiously last month, a sign that strong growth during the spring and summer may decelerate in the final three months of the year....

Ebola vaccine seems safe in first-stage testing
WASHINGTON (AP) -- An experimental Ebola vaccine appears safe and triggered signs of immune protection in the first 20 volunteers to test it, U.S. researchers reported Wednesday....

Thanksgiving: Turkey, parades, shopping deals
NEW YORK (AP) -- Turkey, stuffing and a helium-filled Thomas the Tank Engine were on the menu as friends and families gathered across the United States to celebrate Thanksgiving....

Snow makes Thanksgiving travel `a little hairy'
MINEOLA, N.Y. (AP) -- A sloppy mix of rain and snow rolled into the Northeast on Wednesday just as millions of Americans began the big Thanksgiving getaway, grounding hundreds of flights and turning highways hazardous along the congested Washington-to-Boston corridor....

Thanksgiving Eve: Very busy, but not busiest
The Wednesday before Thanksgiving is often called the nation's busiest travel day of the year, and it surely feels that way sometimes. But it's probably not entirely true....

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German unemployment steady at 6.3 percent

Audit: Most BP oil spill claims handled correctly

Business Highlights

How the Dow Jones industrial average did Wednesday

US agency threatens to act against air bag maker

Deere and Seadrill are big market movers

Chinese woman denied own trial in seed-theft case

Figures on government spending and debt

Stock indexes edge further into record territory

US new home sales up 0.7 percent in October


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