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More From National Business

December 15, 2017

PARIS (AP) — Airbus said Friday that its CEO, Tom Enders, will step down in 2019, as the European airplane maker shakes up management amid multiple corruption investigations.

The company said Enders, who will have been at the helm of Airbus and defense firm EADS for 14 years, won’t seek another…

France Airbus CEO

December 15, 2017

WASHINGTON (AP) — U.S. industrial production rose 0.2 percent in November due to a rebound in extracting oil and natural gas after a stoppage due to Hurricane Nate.

The Federal Reserve said Friday that mining activity climbed 2 percent last month, while manufacturing activity rose 0.2 percent.…

Industrial Production

December 15, 2017

WASHINGTON (AP) — Factories in New York State grew more slowly this month as shipments rose and new orders slipped.

The Federal Reserve Bank of New York said Friday that its Empire State Manufacturing index declined to 18 in December from 19.4 last month. The index is down from a three-year high of…

Empire State

December 15, 2017

BRUSSELS (AP) — The Latest on Britain’s Brexit discussions with the European Union at a summit of EU leaders in Brussels (all times local):

4:10 p.m.

Prime Minister Theresa May says Britain and the European Union will start talking about their future relationship “straight away,” even though the EU…

Belgium EU Summit

December 15, 2017

MOSCOW (AP) — Russia’s former economics minister was handed an eight-year prison sentence Friday after being convicted of accepting a $2 million bribe from President Vladimir Putin’s top associate.

The high-profile trial of Alexei Ulyukayev has been widely seen as part of infighting between Kremlin…

Russia Corruption

December 15, 2017

NEW YORK (AP) — After years of tremors, the earthquake that had long been predicted finally shook Hollywood.

Disney’s deal to purchase most of 21st Century Fox ends the era of the “Big Six” major movie studios, toppling one of the industry’s most famed studios and dramatically redrawing the…

Disney-Fox

December 15, 2017

WASHINGTON (AP) — Republican Marco Rubio’s potential defection over a tax credit for low-income parents put a speed bump into GOP leaders’ drive to push their big tax package through the Senate, but it’s a complication that’s likely to be resolved.

The Florida senator declared Thursday that he’ll…

Congress Taxes

December 15, 2017

LIMA, Peru (AP) — President Pedro Pablo Kucyznski scrambled for his political survival Thursday as opponents demanded he resign over revelations of decade-old payments from a Brazilian construction company at the center of Latin America’s biggest graft scandal.

In a televised address to the nation…

Peru Corruption Scandal

December 14, 2017

SACRAMENTO, Calif. (AP) — The federal Department of Education is refusing to process debt relief claims from tens of thousands of students who had federal loans to attend Corinthian Colleges, California’s attorney general claimed Thursday in the latest lawsuit against the Trump administration.

More…

Student Loans Lawsuit

December 14, 2017

CHICAGO (AP) — Futures trading on the Chicago Board of Trade Thu.:

OpenHighLowSettleChg. WHEAT 5,000 bu minimum; cents per bushel Dec 395 +2¾ Mar 416½ 420¾ 416 418¼ +1½ May 428¾ 433½ 428¾ 430¾ +1½ Jul 442 446¾ 442 443½ +1 Sep 457 460 455¾ 457¼ +1½ Dec 474½ 477¾ 473½ 475½ +2 Mar…

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