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AP Top Business News at 1:18 p.m. EST

Trump threatens payback for US companies that move abroad
WASHINGTON (AP) -- President-elect Donald Trump is threatening heavy taxes as retribution for U.S. companies that move their business operations overseas and still try to sell their product to Americans....

For now, Trump bears signs of a dealmaker, not a policymaker
WASHINGTON (AP) -- He phones. He kibitzes. He cajoles. He threatens. He rewards....

US, China, EU, others fail to reach environmental goods deal
GENEVA (AP) -- Forty-six countries including the U.S., China and European Union nations failed Sunday to agree on a list of "environmental goods" like solar-powered air conditioners or LED light bulbs that could be targeted for lower tariffs....

Italians vote on reforms; PM Renzi vows to quit if he loses
MILAN (AP) -- Italians voted Sunday in a referendum on constitutional reforms that was being closely watched to see if Italy becomes the next country to reject the political status quo....

German finance minister holds out against Greek debt cut
BERLIN (AP) -- Germany's finance minister is underlining his opposition to a debt cut for Greece and urging Athens to push ahead with reforms before a meeting with his eurozone counterparts....

UK foreign secretary downplays EU payment suggestions
LONDON (AP) -- Britain's foreign secretary dismissed as "speculation" suggestions that the U.K. would pay for tariff-free trade with the European Union after it leaves the bloc....

Rally ebbs as investors seek safety after weak wage data
NEW YORK (AP) -- Investors made a small move back to safer assets Friday afternoon after the government's November jobs report showed continued hiring, but weak wages....

Cheers greet British veteran, 89, as he starts his new job
LONDON (AP) -- An 89-year-old army veteran who made national headlines in Britain with a newspaper ad seeking work has started his new job....

Jobs report shows Trump to inherit solid but uneven economy
WASHINGTON (AP) -- The U.S. jobs report on Friday made one thing clear: President-elect Donald Trump will inherit the same two-track U.S. economy that bedeviled his predecessor....

New Mexico budget crisis hits defendants, museums, colleges
SANTA FE, N.M. (AP) -- New Mexico's grinding budget crisis is taking a toll in courtrooms where overburdened attorneys have denied legal counsel to poor defendants, at museums reeling from layoffs and admission hikes, and at state universities and colleges grappling with steep spending cuts....

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For now, Trump bears signs of a dealmaker, not a policymaker

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How the Dow Jones industrial average fared on Friday

Business Highlights

Public Storage and Ascena climb; Starbucks and Schwab fall

Markets Right Now: A post-election rally runs out of gas

Stocks tread water as big dividend payers jump and banks dip