AP Top Business News At 2:05 a.m. EDT

Asian stock markets fluctuate on signs of China support
HONG KONG (AP) -- Asian stocks recovered from sharp losses in volatile trading Wednesday as investor sentiment improved amid reports of renewed Chinese government efforts to bolster share prices....

You think the stock market is crazy? Look at oil prices.
NEW YORK (AP) -- Commodity markets are renowned for their booms and busts but the last four days in the crude oil market have even experienced traders wide-eyed....

Shell president: 'Oil will be required for a long time'
ANCHORAGE, Alaska (AP) -- The president of Shell Oil Co. said Tuesday exploratory drilling off Alaska's northwest coast is going well despite stormy weather last week that caused the company to halt operations for a few days....

Comcast teeing up new services targeted at millennials
NEW YORK (AP) -- Comcast, which became a TV powerhouse by signing up Generation Xers, baby boomers and their parents, now is fighting for millennial eyeballs....

CEOs big news can cause ripple effects for company
NEW YORK (AP) -- Yahoo CEO Marissa Mayer is promising to be away from the job for just a "limited time" when she gives birth to twins later this year, but the development only adds to the uncertainty some investors have long had about Yahoo....

'Concussion' director says no compromises were made for NFL
NEW YORK (AP) -- A day after its trailer debuted online and months before it hits theaters, the Will Smith football head-trauma film "Concussion" is already sparking controversy....

Approaching health law tax is not just a levy on luxury
WASHINGTON (AP) -- The last major piece of President Barack Obama's health care law could raise costs for thrifty consumers as well as large corporations and union members when it takes effect in 2018....

Consumer panel: Airlines should disclose fees, seat size
WASHINGTON (AP) -- Airlines should clearly disclose the cost of change and cancellation fees, as well as the size of the plane's seats, before a passenger buys a ticket, a federal panel said Tuesday....

Union: Fiat says Jeep Wrangler staying in Ohio, not Cherokee
TOLEDO, Ohio (AP) -- Fiat Chrysler assembly plant managers told workers Tuesday that Jeep Wrangler production will stay in the city where the vehicle's roots date to World War II, but they also delivered a surprising announcement that the Jeep Cherokee line would be sent out of state, union leaders said....

FDA issues warning letters to powdered caffeine distributors
COLUMBUS, Ohio (AP) -- The Food and Drug Administration has issued warning letters to five distributors of pure powdered caffeine, saying the products put consumers at risk....

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Business Highlights

ConocoPhillips plans to cut 10 percent of its workforce

Correction: Financial Markets-Herd Mentality story

Top selling vehicles in the US in August

Valeant and Dollar Tree are big market movers

Figures on government spending and debt

US lowers estimate of Takata air bags needing repairs

How the Dow Jones industrial average fared on Tuesday

You think the stock market is crazy? Look at oil prices.




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