Business Highlights
FRANKFURT, Germany (AP) — Donald Trump's surprise election victory has helped solidify expectations for an interest rate increase next month by the U.S. Federal Reserve — but may have complicated a decision for the European Central Bank, which faces a difficult choice over more stimulus.
WASHINGTON (AP) — President-elect Donald Trump is considering an oil billionaire and a North Dakota lawmaker for top posts as he moves to roll back President Barack Obama's environmental and energy policies and allow unfettered production of oil, coal and natural gas.
Topping Trump's to-do list is repealing the Clean Power Plan, Obama's signature effort to limit carbon pollution from coal-fired power plants.
FRANKFURT, Germany (AP) — German industrial equipment maker Siemens AG says it has agreed to buy U.S.-based software firm Mentor Graphics Corp. for $4.5 billion, broadening Siemens digital capabilities.
Mentor, based in Wilsonville, Oregon, specializes in software used to design computer chips, technology with broad potential applications to smart and connected devices such as autonomous vehicles.
WASHINGTON (AP) — American Apparel is seeking bankruptcy protection for the second time in just over a year, unable to find its footing in a shifting retail landscape and after a fight for control with its founder Dov Charney.
Technology companies like Apple and Microsoft took big losses on fears about their overseas revenue, but bank stocks continued to surge along with bond yields.
Technology stocks have been weak since last week's election, and they fell further Monday as investors wonder if Donald Trump's policies as president will hurt their sales in China and other markets overseas.
WASHINGTON (AP) — New hybrid and electric cars are required to make noise when traveling at low speeds so that pedestrians, especially those who are blind or have poor eyesight, will hear them coming, under a new rule released Monda