AP Top Business News at 4:48 p.m. EDT

UK's May makes deal she needs to govern, but critics abound
LONDON (AP) -- Prime Minister Theresa May forged a deal with a Northern Ireland party Monday that should give her struggling minority government enough votes to get her agenda endorsed, but at a high cost: more than 1 billion pounds in new funds for Northern Ireland and resentment from Britain's other regions....

Jury pick starts in UN-bribery trial of Chinese billionaire
NEW YORK (AP) -- Jury selection has begun in the New York criminal trial of a Chinese billionaire charged with trying to bribe United Nations diplomats to ease approval of a U.N. conference center....

US stocks mostly higher in afternoon trading; oil recovers
Utilities led U.S. stocks mostly higher in afternoon trading Monday as falling bond yields made high-dividend companies more attractive to income-seeking investors. Financial stocks were also headed higher. Technology companies were down the most, giving up gains from an early rally....

GOP leaders add penalty for lapsed coverage to health bill
WASHINGTON (AP) -- Republican leaders added a penalty for people who've let their insurance lapse Monday as party leaders prepared to begin pushing their health care measure through the Senate, despite a rebellion within GOP ranks....

Air bag recalls, lawsuits lead Takata to file for bankruptcy
Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying replacements for faulty air bag inflators linked to the deaths of at least 16 people....

Ex-CEO's reputation precedes him, affects jury selection
NEW YORK (AP) -- Several potential jurors at the federal securities fraud trial of Martin "Pharma Bro" Shkreli were excused on Monday after telling the judge they couldn't be impartial toward the flamboyant former pharmaceutical CEO because of his notoriety for raising the cost of a life-saving drug 5,000 percent....

Airline vet to lead Amtrak in a summer of repairs, reckoning
WASHINGTON (AP) -- America's railroad is turning to an airline industry veteran to lead it through a summer of reckoning for congested tracks and crumbling infrastructure....

Cyprus signs deal to build 'Europe's largest casino'
NICOSIA, Cyprus (AP) -- Cyprus signed a deal Monday for the construction of what officials say will be Europe's biggest casino....

London's fire symptomatic of larger safety issues globally
LONDON (AP) -- The deaths of 79 people in a London apartment tower have triggered emergency inspections, evacuations and soul searching among British officials who failed to prevent the tragedy....

Promised college loan forgiveness, borrowers wait and wait
BOSTON (AP) -- Danielle Ramos' student-debt nightmare was supposed to be over....

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Air bag recalls, lawsuits lead Takata to file for bankruptcy

Q&A: A look at Takata's bankruptcy and air bag recalls