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AP Top Business News at 4:03 p.m. EST

Derided by critics, trickle-down economics gets another try in GOP tax plan
WASHINGTON (AP) -- Does money roll downhill?...

A new report issued Friday says auto companies have replaced only 57 percent of potentially deadly Takata air bag inflators, even though recalls have been under way for more than 15 years
DETROIT (AP) -- A new report issued Friday says auto companies have replaced only 57 percent of potentially deadly Takata air bag inflators, even though recalls have been under way for more than 15 years....

The Department of Veterans Affairs is exploring merging its health system with the Pentagon's as part of its effort to expand private health care
WASHINGTON (AP) -- As part of its effort to expand private health care, the Department of Veterans Affairs is exploring the possibility of merging its health system with the Pentagon's, a cost-saving measure that veterans groups say could threaten the viability of VA hospitals and clinics....

US stock indexes are slightly lower as technology companies return some of the previous day's gain
NEW YORK (AP) -- U.S. stock indexes are mostly lower Friday, as technology companies decline a day after the market's biggest gain in two months. Retailers including Ross Stores, Gap and Foot Locker are jumping after they reported strong quarterly results. Smaller companies are also rising....

US construction of new homes climbed 13.7 percent in October; building of apartment complexes surged
WASHINGTON (AP) -- Construction of new homes climbed 13.7 percent in October, the biggest jump in a year as builders broke ground on more apartments and single-family houses....

European Union leaders warned Britain Friday that it must do much more to convince them that Brexit talks should be broadened to cover future relations and trade from next month onward
GOTEBORG, Sweden (AP) -- European Union leaders warned Britain on Friday that it must do much more to convince them that Brexit talks should be broadened to cover future relations and trade from next month onward....

The death of Salvatore "Toto" Riina, the long-time "Boss of Bosses" of the Sicilian Mafia, puts the spotlight back on the Cosa Nostra
MILAN (AP) -- The death Friday of Salvatore "Toto" Riina, the long-time "boss of bosses" of the Sicilian Mafia, puts the spotlight back on Cosa Nostra, which waged a bloody campaign in the 1980s and 1990s of bullets and bombs to counter Italy's crackdown on the Mafia....

Global talks on curbing climate change wrapped up Friday, with delegates and observers claiming progress on several key details of the 2015 Paris accord
BONN, Germany (AP) -- Global talks on curbing climate change wrapped up Friday, with delegates and observers claiming progress on several key details of the 2015 Paris accord....

Republicans stretch closer to delivering the first big legislative victory for President Donald Trump and their party, whisking a $1.5 trillion overhaul of business and personal income taxes through the House.
WASHINGTON (AP) -- Republicans have stretched closer to delivering the first big legislative victory for President Donald Trump and their party, whisking a $1.5 trillion overhaul of business and personal income taxes through the House. Thorny problems await in the Senate, though....

The chairman of the Council of Economic Advisers says he met with a GOP senator who opposes the senate's tax overhaul plan
WASHINGTON (AP) -- The Latest on the Republican-pushed tax overhaul legislation (all times local):...

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Stocks are closing lower on Wall Street, led by drops in technology sector companies, as the market gives back some of its big gain from a day earlier.

Derided by critics, trickle-down economics gets another try in GOP tax plan

US stock indexes are slightly lower as technology companies return some of the previous day's gain

Recalls this week include self-balancing scooters, crossbows, lawn mowers

Long-term mortgage rates rise to the highest level in months

Stocks are opening slightly lower on Wall Street as the market pulls back after a big gain the day before.

US construction of new homes climbed 13.7 percent in October; building of apartment complexes surged

Nissan execs to take pay cuts over illegal vehicle inspections at Japan factories

Surging online sales and strong food sales boost Walmart's results ahead of holiday season

Venezuelan government and its state-owned oil company PDVSA have officially fallen into default on billions of dollars' worth of bonds, the latest chapter of the country's deep financial collapse


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