Business News

AP Top Business News At 2:38 a.m. EDT

2 Fed officials think data will justify rate hike this year
WASHINGTON (AP) -- It's a question whose answer seems to be in constant flux: When will the Federal Reserve finally raise interest rates?...

SABMiller meets with investors amid takeover bid
LONDON (AP) -- SABMiller met with investors Friday to underscore its strength as an independent company, as the world's second-biggest brewer seeks to head off a takeover by larger rival Anheuser-Busch InBev....

Stocks close out best week of the year with a small gain
NEW YORK (AP) -- The stock market closed out its best week this year with a modest gain on Friday, helped by airlines and industrial companies....

Finance officials to clamp down on multinational tax evasion
LIMA, Peru (AP) -- Finance officials from the world's 20 biggest economies have committed to toughening laws and boosting cross-border cooperation to prevent multinational companies from avoiding as much as $250 billion a year in taxes....

Steve Jobs plays dual role of hero, villain in the movies
SAN FRANCISCO (AP) -- Apple co-founder Steve Jobs became renowned for conjuring a "reality distortion field" that made people believe whatever he wanted....

UAW leaders approve richer Fiat Chrysler contract
DETROIT (AP) -- The United Auto Workers union unveiled a richer proposed contract with Fiat Chrysler on Friday, a week after angry union members voted down a previous agreement....

Daily fantasy sports and cheating allegations, a quick Q&A
LAS VEGAS (AP) -- Cheating allegations rocked the daily fantasy sports industry this week and as scrutiny mounts, a largely self-aimed spotlight has grown blindingly bright on DraftKings and FanDuel, which have flooded televisions, phones and computers with advertisements promising million-dollar payouts to a lucky few....

Petition drive assures House vote to revive Ex-Im Bank
WASHINGTON (AP) -- Several dozen Republicans teamed up with Democrats Friday to assure a House vote on reviving the U.S. Export-Import Bank, giving the effort to save the bank new life more than three months after its charter lapsed....

New California law extends privacy rights to electronic data
NEW YORK (AP) -- California will require police to get a court order before they can search messages, photos and other digital data stored on phones or company servers in the nation's most-populous state....

Facing ban on orca breeding, SeaWorld contemplates next move
SAN DIEGO (AP) -- SeaWorld says denying orcas' their ability to breed is cruel, but it was unclear Friday whether the corporation will fight such a ban at its California park and risk further hurting attendance....

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UAW leaders approve richer Fiat Chrysler contract

How the Dow Jones industrial average fared on Friday

Alcoa and Gap are big market movers

2 Fed officials think data will justify rate hike this year

Figures on government spending and debt

US stocks waver, still on track for best week this year

US rig count declines by 14 this week to 795

USDA lowers corn, soybean harvest estimates by 1 percent

Glencore shares storm ahead on zinc cutback news

NY Fed chief: Rate hike likely this year but hinges on data

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