- A broad rally drives Dow, S&P 500 indexes to record highs
NEW YORK (AP) — The Dow Jones industrial average and Standard & Poor's 500 indexes soared to their biggest gains since the presidential election on Wednesday and set all-time highs. Investors bought stocks that do well in times of faster economic growth, like technology and industrial companies, but they also snapped up stocks that pay large dividends.
- AP source: Trump to tap Oklahoma AG Pruitt to head EPA
WASHINGTON (AP) — President-elect Donald Trump is expected to nominate Oklahoma Attorney General Scott Pruitt to lead the Environmental Protection Agency, a source close to Pruitt said Wednesday.
- You're Hired? Inside the interviews as Trump picks Cabinet
WASHINGTON (AP) — When Robert Johnson, the founder of Black Entertainment Television, arrived to a recent meeting with Donald Trump, the president-elect greeted him with a blunt question.
- Don't bet big on health law changes when mulling coverage
Why worry about buying health insurance when President-elect Donald Trump plans to dump the requirement that most Americans get coverage?
- Is demand for travel to Cuba flattening?
Demand for travel to Cuba may be flattening, with soaring hotel prices on the island, American Airlines cutting some flights, and uncertainty over whether new travel restrictions could be imposed when Donald Trump takes office.
- Congress cracks down on "bots" that snap up concert tickets
WASHINGTON (AP) — Congress sent legislation to President Barack Obama that could make it easier to get tickets to popular shows, sports events and concerts.
- EU official hopeful for trade deal under Trump presidency
WASHINGTON (AP) — A senior European Union official on Wednesday expressed hope that the incoming Trump administration will continue talks on a comprehensive free trade agreement with Europe.
- Innovation or monopoly? Panel looks at ATT-Time Warner deal
WASHINGTON (AP) — Senators questioning the logic of a proposed merger between AT&T and Time Warner turned their focus to the nickels and dimes of the issue, at least as to how the $85.4 billion mega-deal would affect Americans. OK, you say this huge merger will enhance, not quash, competition and benefit consumers. Will it actually reduce prices that consumers pay?
- Trying to discern Trump policy: He's been on both sides
Lawmakers are trying to discern what antitrust policy might look like in the Trump administration.
- Feds OK sale of University of Phoenix parent, if terms met
The federal government will allow one of the nation's largest for-profit college companies to be sold only if the new owners put up $385 million as insurance and agree not to increase enrollment, among other terms.