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AP Top Business News at 1:00 p.m. EDT

Yellen says rate hike likely appropriate this year
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen said Wednesday that the central bank has no "fixed timetable" for raising interest rates but she believes the economy is ready for a rate hike by the end of the year....

Android's Nougat update isn't flashy, but still pretty handy
MOUNTAIN VIEW, Calif. (AP) -- Nougat, Google's latest update of its Android smartphone software, isn't particularly flashy; you might not even notice what's different about it at first. But it offers a number of practical time-saving features, plus a few that could save money - and perhaps even your life....

Air rage incidents reported by airlines on the rise
WASHINGTON (AP) -- Incidents of unruly passengers on planes are increasing, and more effective deterrents are needed to tackle the problem, a global airline trade group said Wednesday....

Deal reached to keep US government running, help Flint
WASHINGTON (AP) -- Congressional leaders have broken a stalemate over money to address the Flint, Michigan, water crisis, clearing the way Wednesday for a spending bill needed to keep the government running until December. The spending measure also would provide long-delayed money to fight the Zika virus and help Louisiana rebuild from last month's disastrous floods....

Orders for US durable goods slipped slightly in August
WASHINGTON (AP) -- U.S. factories saw slightly fewer orders for big-ticket manufactured goods in August, with a decline in aircraft orders accounting for the modest slip....

BlackBerry, once a phone innovator, to stop making its own
TORONTO (AP) -- BlackBerry plans to stop making its signature smartphones internally, signaling a strategic shift for a company that built its reputation on innovative smartphone technology....

Probe: Malaysian jet downed by missile launcher from Russia
NIEUWEGEIN, Netherlands (AP) -- Dutch-led criminal investigators said Wednesday they have solid evidence that a Malaysian jet was shot down in 2014 by a Buk missile that was moved into eastern Ukraine from Russia....

The Latest: US backs report that Russian missile downed MH17
NIEUWEGEIN, Netherlands (AP) -- The Latest on the probe into the downing of Malaysia Airlines Flight 17 over Ukraine in 2014 (all times local):...

Europol: Ransomware now top cybercrime threat
PARIS (AP) -- European police agency Europol says the threat from ransomware has now eclipsed other forms of online theft, a sign of how quickly the computer-scrambling software has found favor in the electronic underworld....

Apple to create London HQ at Battersea Power station
LONDON (AP) -- Apple will be setting up its London headquarters in the boiler room of the Battersea Power Station, a London landmark that has long defined the skyline on the south bank of the River Thames....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Anheuser-Busch pays $6M to settle India bribery accusations

Yellen says rate hike likely appropriate this year

Orders for US durable goods slipped slightly in August

Markets Right Now: Stocks turn lower in midday trading

Tribune Media completes sale of Tribune Tower, other assets

Ford recalls Focus hatchbacks for latch release problem

US stocks give up an early gain and turn lower at midday

Takata sells auto interiors unit as recall costs rise

EU launches anti-trust probe into Deutsche Boerse-LSE merger

Germany's Lufthansa acquiring remainder of Brussels Airlines



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