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AP Top Business News at 5:07 a.m. EST

Britain's leader is pledging a more interventionist strategy in backing industry ahead of Britain's departure from the European Union
LONDON (AP) -- Britain's leader is pledging to help U.K. industry grow and compete as the country prepares to leave the European Union....

OPEC and key non-OPEC oil producers seeking to push up the price of crude by cutting production say participants appear to be exceeding pledges to reduce output
VIENNA (AP) -- OPEC and key non-OPEC oil producers are near their target of taking 1.8 million barrels of crude a day off global markets less than two months after agreeing to do so in efforts to push up the price of crude, Russia's energy minister said Sunday....

M. Night Shyamalan's psychological thriller "Split" blew away box-office expectations, earning an estimated $40.2 million in ticket sales over inauguration weekend
NEW YORK (AP) -- M. Night Shyamalan's psychological thriller "Split" blew away box-office expectations, earning $40.2 million in ticket sales over inauguration weekend, according to studio estimates Sunday....

Samsung Electronics says flaws in the design and production of batteries used in its Galaxy Note 7, not its hardware or software, made the smartphone prone to catching fire
SEOUL, South Korea (AP) -- Samsung Electronics says flaws in the design and production of batteries used in its Galaxy Note 7 smartphone, not its hardware or software, made it prone to catch fire....

Pacific Gas & Electric Co. is facing a maximum fine of $3 million and probation when a judge sentences the company following its conviction of pipeline safety violations before a deadly natural gas pipeline explosion in the San Francisco Bay Area
SAN FRANCISCO (AP) -- Pacific Gas & Electric Co. says it is prepared to pay the maximum fine of $3 million after a jury convicted the company of deliberately violating pipeline safety regulations before a deadly natural gas pipeline explosion in the San Francisco Bay Area....

President Donald Trump's Washington will be populated by "swamp" denizens, despite his pledge to drain it of such creatures
WASHINGTON (AP) -- Mike Pence has returned to Washington. So has his closest political ally, Bill Smith....

President Donald Trump's executive order targeting the sweeping "Obamacare" health care law gives federal agencies broad leeway to chip away at the measure
WASHINGTON (AP) -- President Donald Trump's first executive order targets the sweeping "Obamacare" law by giving federal agencies broad leeway to chip away at the measure. But Trump still needs Congress to do away with the law for good....

Major global stock markets are lower after Donald Trump took office as U.S. president and promised "America first" policies, adding to concerns about protectionism
BEIJING (AP) -- Major global stock markets were mostly lower Monday after U.S. President Donald Trump promised "America first" policies, adding to concern about possible protectionism....

British Prime Minister Theresa May says she will discuss free trade and the importance of the NATO military alliance when she meets President Donald Trump in Washington on Friday
LONDON (AP) -- British Prime Minister Theresa May said Sunday she plans to discuss free trade and the importance of the NATO military alliance when she becomes the first foreign leader to meet with U.S. President Donald Trump in Washington....

A group of scientists say an Indonesian volcano eruption, a centuries-old weather disaster and a surge in the consumption of mackerel could tell us more about today's era of climate change
PORTLAND, Maine (AP) -- What could an Indonesian volcanic eruption, a 200-year-old climate disaster and a surge in the consumption of mackerel tell us about today's era of global warming?...

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Up to the Minute
Major global stock markets are lower after Donald Trump took office as U.S. president and promised "America first" policies, adding to concerns about protectionism

Student loan servicers play a key role in the lives of the 44 million Americans who, combined, have run up $1.4 trillion in student debt

Business Highlights

How major US stock market indexes fared on Friday

Procter & Gamble, Skyworks gain in U.S. trading, while Bristol-Myers Squibb sinks

Stocks end higher as Trump is sworn in, recouping much of the market's loss from a day earlier and breaking a 5-day losing streak for the Dow Jones industrials

The number of rigs exploring for oil and natural gas in the U.S. leaped by 35 this week to 694

Ford Motor Co. says a change in the way it values pension obligations will cut 2016 full-year net income by $2 billion

The outgoing head of the government agency charged with keeping highways safe is worried that auto safety won't be a priority for the Trump administration

While unemployment has fallen significantly and inflation is starting to tick higher, Federal Reserve Chair Janet Yellen said Thursday she does not believe that the central bank has fallen behind the curve


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