Associated Press

AP Top Business News at 12:08 a.m. EDT

Detroit muscle cars aren't so strong in crash tests
DETROIT (AP) -- Muscle cars may look cool, but they don't offer the best protection in a crash....

How would Bayer-Monsanto affect workers, farmers, investors?
FRANKFURT, Germany (AP) -- Bayer wants to buy Monsanto for $62 billion, hooking up the German chemical and drug company with the St. Louis-based producer of seeds and weed-killers....

Bayer and Monsanto could combine plant, pet, people products
A merger between Bayer and Monsanto would put together two giant chemical makers, one focused on plants and another that also makes products for people and animals. Here's a look at their products, which have more than $65 billion in total annual revenue....

Asian markets down slightly as investors wait for Fed
TOKYO (AP) -- Asian stock markets were down slightly in subdued trading Tuesday amid anticipation the U.S. Federal Reserve may raise interest rates in June....

High court ruling helps federal workers file job bias claims
WASHINGTON (AP) -- The Supreme Court is making it easier for federal workers to file employment discrimination lawsuits after quitting their jobs over conditions they consider intolerable....

White House backs bill to overhaul chemical regulation
WASHINGTON (AP) -- The White House and top House Democrats said Monday they will support a bipartisan bill to overhaul regulation of asbestos and other dangerous chemicals, clearing the way for the bill's passage in Congress and signature by President Barack Obama....

'Gigantic' corporate tax hike likely headed to Oregon voters
SALEM, Ore. (AP) -- A massive $2.8 billion annual corporate tax hike is likely headed to Oregon voters in November, a move that could create the most aggressive tax climate for big business of any state in the nation....

Court reinstates lawsuits alleging collusion by big banks
NEW YORK (AP) -- Lawsuits against 16 of the world's largest banks alleging they colluded to manipulate the primary benchmark for global short-term interest rates have been reinstated by a federal appeals court that found Monday that a judge had rejected the litigation too quickly....

Viacom CEO sues to be restored to Redstone trust
LOS ANGELES (AP) -- Viacom's embattled chief executive sued Monday to be restored as a director and trustee to entities that control Viacom Inc. and CBS Corp. after a weekend move by media mogul Sumner Redstone stripped him of the positions....

Facebook drops news outlet input in 'trending topics' review
LOS ANGELES (AP) -- Facebook says it is dropping its reliance on news outlets to help determine what gets posted as a "trending topic" on the giant social network, a move adopted after a backlash over a report saying it suppressed conservative views....

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