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AP Top Business News at 1:24 p.m. EST

OPEC has persuaded 11 non-member countries to cut their oil production in an attempt to raise low prices that have put pressure on government finances in resource-dependent countries
VIENNA (AP) -- OPEC has persuaded 11 non-member oil producers to cut production in an attempt to raise the low prices that have squeezed government finances in resource-dependent countries....

A derailed tanker train has exploded in northeastern Bulgaria, killing seven people and leaving least 29 injured, many with severe burns, the Interior Ministry said
SOFIA, Bulgaria (AP) -- A derailed tanker train exploded Saturday and decimated a village in northeastern Bulgaria, killing seven people and leaving least 29 injured, many with severe burns, the Interior Ministry said....

In the heat of the presidential campaign, Donald Trump accused primary rival Ted Cruz of being controlled by Goldman Sachs because his wife previously worked for the Wall Street giant
WASHINGTON (AP) -- In the heat of the presidential campaign, Donald Trump accused primary rival Ted Cruz of being controlled by Goldman Sachs because his wife, Heidi, previously worked for the Wall Street giant. He slammed Hillary Clinton for receiving speaking fees from the bank....

General Motors plans to recall nearly 50,000 sport utility vehicles made for police departments and other government agencies because of a hazard in the cooling system
General Motors plans to recall nearly 50,000 sport utility vehicles made for police departments and other government agencies because of a hazard in the cooling system....

Venezuela's socialist government has seized nearly 4 million toys from a private company and says it will hand them out as Christmas gifts to poor children this holiday season
BOGOTA, Colombia (AP) -- Venezuela's socialist government has seized nearly 4 million toys from a private company and says it will hand them out as Christmas gifts to poor children this holiday season....

Key health care industry groups are telling the incoming Republican administration and Congress it's not a good idea to repeal the 2010 health care law without clear plans to address the consequences
WASHINGTON (AP) -- One by one, key health care industry groups are telling the incoming Republican administration and Congress that it's not a good idea to repeal the 2010 health care law without clear plans to address the consequences....

President Barack Obama has used his executive powers to add protections to waters off Alaska's west coast
ANCHORAGE, Alaska (AP) -- President Barack Obama responded to appeals from Alaska Native villages and gave them more of a say in the federal management of marine resources of the Bering Sea....

Ford Motor Co. is going ahead with plans to move small-car production from the U.S. to Mexico despite recent threats from President-elect Donald Trump
DETROIT (AP) -- Ford Motor Co. is going ahead with plans to move small-car production from the U.S. to Mexico despite President-elect Donald Trump's recent threats to impose tariffs on companies that move work abroad....

Food giant ConAgra faces a court hearing to finalize an $11.2 million settlement to resolve federal charges in a salmonella outbreak that sickened hundreds who ate tainted Peter Pan peanut butter
SAVANNAH, Ga. (AP) -- Food giant ConAgra faces a court hearing to finalize an $11.2 million settlement - including the largest criminal fine ever in a U.S. food safety case - to resolve federal charges in a salmonella outbreak that sickened hundreds who ate tainted Peter Pan peanut butter....

Snapchat, the one-time purveyor of photos and messages that instantly disappeared, could easily have been a fad that quickly vanished itself
NEW YORK (AP) -- Snapchat has managed to build something lasting out of photos that vanished almost instantly....

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Up to the Minute
Howard Buffett is planning to step down from the Coca-Cola Co.'s board, so he can spend more time running his foundation that focuses on improving agriculture in the developing world

Ford Motor Co. is going ahead with plans to move small-car production from the U.S. to Mexico despite recent threats from President-elect Donald Trump

No paperwork, no flights: Southwest Airlines suspends service to 3 Mexican cities for lack of papers

A government website can tell concerned car owners whether their vehicle has been recalled for defective air bag inflators made by Takata

Business Highlights

After a month of steady increases, municipal bond yields finally reversed course this past week

US stocks rose for the sixth day in a row Friday as major indexes continued to set records

The U.S. government says automakers will end up recalling 42 million vehicles with potentially deadly air bag inflators made by Takata Corp. Regulators said some automakers aren't doing enough to contact owners of affected vehicles

The number of rigs exploring for oil and natural gas in the U.S. increased by 27 this week to 624

U.S. stocks extended a rally into a sixth day, bringing new all-time highs for major indexes


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