Biden signals sharp shift from Trump with Cabinet picks

U.S. President-elect Joe Biden on Monday tapped Obama-era officials for top national security and economic roles, signaling a stark shift from the Trump administration’s “America First&rdq...

Approval for transition gives Biden team access to resources

WASHINGTON (AP) — The federal government is set to begin working with President-elect Joe Biden's transition team now that the head of the General Services Administration has “ascertained” that he is ...

Business Highlights

___ AP source: Biden taps ex-Fed chair Yellen to lead treasury WASHINGTON (AP) — President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to s...

AP source: Biden taps ex-Federal Reserve Chair Janet Yellen as treasury secretary; she'd be 1st woman to lead department

WASHINGTON (AP) — AP source: Biden taps ex-Federal Reserve Chair Janet Yellen as treasury secretary; she'd be 1st woman to lead department.

Asian stocks rise ahead of US economic data amid virus fears

BEIJING (AP) — Asian stocks rose Monday as investors looked ahead to quarterly U.S. economic data amid unease about anti-coronavirus curbs on business and wrangling over the American presidential elec...

Asian stocks rise ahead of US economic data amid virus fears

BEIJING (AP) — Asian stocks rose Monday as investors looked ahead to quarterly U.S. economic data amid unease about anti-coronavirus curbs on business and wrangling over the American presidential elec...

Business Highlights

___ NY probes Trump consulting payments that reduced his taxes NEW YORK (AP) — New York’s attorney general has sent a subpoena to the Trump Organization for records...

Mnuchin denies he's trying to hinder incoming administration

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied that he is attempting to limit the choices President-elect Joe Biden will have to promote an economic recovery by ending several emergency lo...

Florida's Sen. Scott has coronavirus, 'very mild symptoms'

WASHINGTON (AP) — Sen. Rick Scott of Florida said Friday he had tested positive for the coronavirus and was isolating at home with “very mild symptoms.” He's the second senator, alon...

Sanders, Warren under scrutiny as Biden weighs Cabinet picks

WILMINGTON, Del. (AP) — Bernie Sanders and Elizabeth Warren, leaders of the Democratic Party's left wing, are at risk of being excluded from the senior ranks of President-elect Joe Biden's administrat...

Biden says he's decided on treasury secretary nomination

WASHINGTON (AP) — President-elect Joe Biden said Thursday that he has decided whom to nominate as his secretary of the Treasury Department. Biden said that the announcement will come...

Business Highlights

___ GM: New batteries cut electric car costs, increase range DETROIT (AP) — General Motors says a pending breakthrough in battery chemistry will cut the price of it...

Mnuchin rejects renewal of some Fed emergency loan programs

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not to extend several emergency loan programs set up with the Federal Reserve to support the economy in the midst of the coron...

Business events scheduled for the coming week

Business events and economic reports scheduled for the coming week. All times are Eastern. TUESDAY, Nov. 24 WASHINGTON — Standard & Poor’s rel...

Asian stocks higher after Wall Street falls on virus worries

BEIJING (AP) — Asian stock markets were mostly higher Wednesday after Wall Street declined as hopes for a possible coronavirus vaccine were tempered by worries about the pandemic's lingering impact. ...