UK consumers prove resilient to Brexit uncertainty _ for now
Official figures show the average British consumer shrugged off uncertainty surrounding Brexit at the start of the year.
Ikea woos India's rising consumer class, tapping new markets
Swedish giant Ikea is tackling the $40 billion Indian market for home furnishings, taking on local furniture makers in places like Hyderabad's bustling Nampally market.
Asian stocks slip on Wall Street leads as trade talks simmer
Asian shares were broadly lower on Friday, tracking a weak Wall Street session as traders awaited the conclusion of U.S.-China talks in Beijing.
Illinois set to hike minimum wage to $15, highest in Midwest
Illinois legislators moved quickly Thursday to deliver one of new Democratic Gov. J.B. Pritzker's top campaign promises, a gradual hike in the statewide minimum wage from $8.25 to $15 an hour — more than double the pay floor that most of its Midwestern neighbors require.
North Korea exploring sanctions-proof energy technologies
Power-strapped North Korea is exploring ambitious alternative energy sources — tidal power and coal-based synthetic fuels — that could greatly improve living standards and reduce its reliance on oil imports and vulnerability to sanctions.
The Latest: Arlington says it's sticking to its Amazon plans
The Latest on the decision by Amazon to dump New York City as a location for a new headquarters (all times local): 12 p.m. Amazon says it will not be building a new headquarters in New York, a stunning reversal after a yearlong search.
City mulls $5M penalty over paid power plant 'supporters'
New Orleans officials are moving closer to imposing a $5 million penalty on a major utility company over the use of secretly paid actors at public hearings last year to support plans for a new gas-fired power plant.
Trump-dominated board to close coal plant, despite his plea
A federal utility board has voted to close a coal-fired power plant in Kentucky over the objections of President Donald Trump and some state GOP leaders.
The Latest: Decision next week on $5 million Entergy penalty
The Latest on a proposed $5 million penalty for a utility company over the use of paid actors at public hearings to support a proposed gas-fired power plant (all times local): 5:15 p.m.
Business Highlights
___ Amazon dumps NYC headquarters and its promised 25,000 jobs NEW YORK (AP) — Amazon says it will not be building a new headquarters in New York, a stunning reversal after a yearlong search.
Mixed finish for US stock indexes over weak retail sales
New figures showing that last month's holiday sales were far worse than previously expected helped drive stocks lower on Wall Street early Thursday, threatening to end a four-day winning streak for the S&P 500 index.
How major US stock indexes fared Thursday
Stocks drifted to a mixed finish Thursday as losses for banks and consumer products makers outweighed gains elsewhere in the market.
Markets Right Now: Mixed finish on Wall Street for stocks
The latest on developments in financial markets (all times local): 9:35 a.m.
Report finds problems with student loan servicing, oversight
A new government report has found that student loan servicers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible.
Virgin Trains USA stops plans for IPO
The company that is building a passenger rail service from South Florida to Orlando is stopping its plan to go public.
Amazon scraps NYC HQ2 over politics, a 'magnificent opportunity' lost
This is what local NYC politicians who opposed Amazon coming to town do not understand.
The Latest: German minister says Airbus must find jobs
The Latest on European aviation giant Airbus' announcement that it will stop making its superjumbo A380 (all times local): 6:35 a.m.
Kudlow: Trump’s Fed rate-hike warnings were ‘spot on’
Hopefully now the Federal Reserve will step aside, Kudlow said.
Outlook overshadows strong quarter at Coca-Cola
Coca-Cola is reporting solid profit and revenue numbers, but the strong dollar could slow organic revenue in the coming year.
Germany barely avoids recession with zero growth
Germany economic growth stagnated in the last three months of the year, skirting a technical recession but registering only zero growth as foreign trade made little contribution to Europe's largest economy.













