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Saturday, January 13, 2018
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Tuesday, January 16, 2018
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Thursday, January 18, 2018
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Monday, January 15, 2018
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Wednesday, January 17, 2018
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Saturday, October 21, 2017
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Friday, February 23, 2018
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Market Update  

- By Kenan Machado Chinese stocks buck the trend following crackdown on shadow banking Asian stocks were mostly lower Wednesday following a late selloff in U.S. equities and after some mark...
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Business News  

Conservatives balk at GOP plan to avert government shutdown
(AP Photo - J. Scott Applewhite)
By ALAN FRAM and ANDREW TAYLOR
From Associated Press
January 16, 2018 11:27 PM EST

WASHINGTON (AP) — Disgruntled conservatives threatened late Tuesday to scuttle Republican leaders' plans to prevent a weekend government shutdown, saying GOP leaders now lack the votes to push their proposal through the House. The setback came as a deal between President Donald Trump and Congress to protect young immigrants from deportation also remained distant.

TOKYO (AP) — Shares were lower in early Asian trading Wednesday after a lackluster session on Wall Street, where the Dow industrial average ended almost flat after backtracking from a broad rally earlier in the day.

WASHINGTON (AP) — The owners of a Trump-branded hotel in Panama sued President Donald Trump's family-owned company in federal court Tuesday, alleging that the namesake business committed mismanagement and fraud.

DETROIT (AP) — The North American International Auto Show in Detroit opened to the press this week with one big question hanging in the air: How will autonomous vehicles change the industry? The answer is still unclear.

SAN FRANCISCO (AP) — General Electric Co. will pay $15 billion to make up for the miscalculations of an insurance subsidiary as a new regime weighs future changes that could culminate in a breakup of a company conceived in the industrial age.

NEW YORK (AP) — The expected wave of litigation against the Federal Communications Commission's repeal of net-neutrality rules has begun.

NEW YORK (AP) — The Consumer Financial Protection Bureau has decided to reconsider a key set of rules enacted last year that would have protected consumers against harmful payday lenders.

DETROIT (AP) — Japanese vehicle brands are exploring new design ideas — and figuring out what sets them apart from their U.S. and European rivals — with new prototype vehicles.

BISMARCK, N.D. (AP) — Fearing sanctions by the state, some North Dakota oil drillers have begun cutting output to control the amount of natural gas that's being burned off at well sites and wasted as a byproduct of crude production, industry and state officials say.

WASHINGTON (AP) — More than 60 groups, including foreign governments, political campaigns and business organizations, spent money at Trump-branded properties across the U.S.

NEW YORK (AP) — Big U.S. banks have been reporting billions of dollars in paper losses this month as they are forced to come into compliance with the new tax law.

PARIS (AP) — French prison guards protested outside scores of jails across the country Tuesday for the second day in a row, demanding more security, more staff and safer handling of violent inmates.

DETROIT (AP) — Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte.

NEW YORK (AP) — Swiss food and drink giant Nestle is selling its U.S. candy business to Italy's Ferrero for about $2.8 billion in cash.

DETROIT (AP) — Fiat Chrysler's Jeep brand is giving the Cherokee compact SUV a major face-lift so it can better compete in one of the hottest parts of the U.S.

UnitedHealth Group's earnings more than doubled in the final quarter of 2017, and the nation's largest insurer hiked its forecast well beyond expectations largely due to help from the federal tax overhaul.

NEW YORK (AP) — Citigroup reported an $18.3 billion loss in the fourth quarter on Tuesday — effectively wiping out the company's full-year 2017 profit — as the financial conglomerate had to take more than $20 billion in accounting write-downs related to the new tax law.

GENEVA (AP) — U.S. President Donald Trump will deliver the closing address at the elite World Economic Forum conference in Davos next week, which focuses on "finding ways to reaffirm international cooperation on crucial shared interests," forum organizers announced Tuesday.

DUBAI, United Arab Emirates (AP) — Bahrain released radar tracks on Tuesday it said showed Qatari fighter jets passing by Emirati commercial airliners bound for the island nation, encounters which set off a new dispute pitting Qatar against the Gulf nations that have been boycotting it since last summer.

NEW YORK (AP) — Energizer will spend $2 billion in cash to acquire the battery and lighting assets of Spectrum, adding the Rayovac brand to its battery and lighting division.

FRANKFURT, Germany (AP) — Europe is preparing to find successors for many of its most powerful economic officials, including the influential head of the European Central Bank.

BEIJING (AP) — Global stocks were mostly higher Tuesday following a holiday for U.S. markets as investors looked ahead to American corporate earnings.

BRUSSELS (AP) — European Union Council President Donald Tusk on Tuesday urged Britain to change its mind about leaving the bloc next year, as time to conclude a Brexit agreement runs short and EU leaders await more details on how the country sees their future ties.

HONG KONG (AP) — David Hanson envisions a future in which AI-powered robots evolve to become "super-intelligent genius machines" that might help solve some of mankind's most challenging problems.

BEIJING (AP) — Asian stock markets were mostly higher Tuesday following a holiday for U.S. markets as investorsed look ahead to American corporate earnings.