Business News

AP Top Business News at 12:16 a.m. EDT

Congress clears Puerto Rico rescue bill, sends to president
WASHINGTON (AP) -- Congress delivered relief to debt-stricken Puerto Rico on Wednesday, sending President Barack Obama a last-minute financial rescue package to help the U.S. territory of 3.5 million Americans....

North America leaders urge against Trump's isolationism
OTTAWA, Ontario (AP) -- President Barack Obama and the leaders of Mexico and Canada pushed back forcefully on Wednesday against the isolationist and anti-immigrant sentiments that have roiled Britain and been championed by GOP presidential candidate Donald Trump. The leaders warned against easy solutions peddled by "demagogues" who feed on economic anxiety....

Asian shares mostly up as markets get over Brexit shock
TOKYO (AP) -- Asian shares were mostly up Thursday as markets continued to gradually get over the shock set off by Britain's vote last week to leave the European Union....

Fed gives OK to 30 banks to up dividends, buy back shares
WASHINGTON (AP) -- The Federal Reserve on Wednesday gave the green light to plans by major banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. The Fed rejected the plans put forward by the U.S. businesses of two European banks, Germany's Deutsche Bank and Spain's Santander....

Talks continue as Atlantic City casino strike deadline nears
ATLANTIC CITY, N.J. (AP) -- With Atlantic City's lucrative July 4th holiday weekend fast approaching, the struggling seaside gambling resort is trying to avoid a strike against five of its eight casinos....

Appeal to delay $50M settlement to Northeast dairy farmers
MONTPELIER, Vt. (AP) -- An appeal of a financial settlement to be paid by a national dairy marketing cooperative to thousands of Northeast dairy farmers could delay the payments for at least a year....

Cleveland police to wear body cameras during GOP convention
CLEVELAND (AP) -- Cleveland police officers will have body cameras affixed to their riot gear during the Republican National Convention this month....

Exxon Mobil wins a round in climate litigation
DALLAS (AP) -- Exxon Mobil Corp. has won an early round in its fight against regulators over whether the oil giant covered up what it knew about climate change....

Istanbul airport attackers seized on chaos to cause carnage
ISTANBUL (AP) -- It was an attack that echoed the carnage earlier this year at the Brussels airport, down to the taxi that carried the men to their target: Inciting panic and then taking lethal advantage, three suicide attackers unleashed a deadly tide of bullets and bombs at Istanbul's Ataturk Airport, leaving 42 dead....

Regulators fine BancorpSouth $10.6 million for redlining
NEW YORK (AP) -- The Department of Justice and the Consumer Financial Protection Bureau fined Mississippi-based BancorpSouth $10.6 million, alleging the bank deliberately discriminated against minorities in its lending practices....

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Up to the Minute
Regulators fine BancorpSouth $10.6 million for redlining

Exxon Mobil wins a round in climate litigation

Fed gives OK to 30 banks to up dividends, buy back shares

US stocks claw back half of ground lost post-British vote

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