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AP Top Business News at 9:21 a.m. EST

Innovation or a monopoly? AT&T, Time Warner go before Senate
WASHINGTON (AP) -- The CEOs of AT&T and Time Warner are heading to Capitol Hill in a bid to convince senators that a merger of their two companies will mean innovative new experiences for consumers....

Pfizer fined for hiking epilepsy drug price 2,600 pct in UK
LONDON (AP) -- British regulators fined U.S. drugmaker Pfizer and distributor Flynn Pharma a record 89.4 million pounds ($112.7 million) Wednesday for increasing the cost of an epilepsy drug by as much as 2,600 percent....

UK govt agrees to reveal details of Brexit talks plan
LONDON (AP) -- The House of Commons was set Wednesday to back Prime Minister Theresa May's March 31 deadline to open exit talks with the European Union, after the British government agreed to publish details of its negotiating plan....

Trump: Japanese mogul pledges $50 billion US investment
WASHINGTON (AP) -- Winning praise from President-elect Donald Trump for being a "great man of industry," Japanese tech billionaire Masayoshi Son promised to invest $50 billion in new startups in the United States, committing to creating 50,000 new jobs....

Global stocks mostly higher on telecoms news, stimulus hopes
TOKYO (AP) -- Global stock markets rose Wednesday amid optimism about the telecommunications industry and as investors expect more central bank stimulus in the eurozone....

Irish court orders Russian oligarch's assets unfrozen
DUBLIN (AP) -- A Dublin judge has ordered authorities to unfreeze 100 million euros ($107 million) in cash belonging to an exiled Russian oligarch, ruling that police had provided no evidence that the funds were illegally gained as Russia contends....

Key money-laundering monitor says Switzerland has work to do
GENEVA (AP) -- A monitoring group says Switzerland has achieved "good results" in fighting money laundering and terrorism financing, but should strengthen its compliance controls, boost scrutiny on the use of cash and share information more with foreign authorities....

Car company offering red light-reading vehicles in Las Vegas
LAS VEGAS (AP) -- On the theory that a driver who knows when a red light will turn green is more relaxed and aware, vehicle manufacturer Audi is unveiling this week in Las Vegas a technology that enables vehicles to "read" traffic signals ahead and tell the motorist how long the wait will be....

EU fines 3 banks $520 million over rate market rigging
BRUSSELS (AP) -- European Union regulators on Wednesday fined banks JPMorgan Chase, HSBC and Credit Agricole a combined $520 million for colluding to manipulate the price of financial products linked to interest rates....

Huffington Post names founder Arianna Huffington's successor
NEW YORK (AP) -- The Huffington Post has tapped New York Times editor Lydia Polgreen to succeed founder Arianna Huffington as its editor-in-chief....

Business Video
Multimedia
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Up to the Minute
Industrial gas makers Linde, Praxair resume merger talks

Alibaba, China Mobile announce development partnership

Japan mercury-poisoning victims demand tests, 60 years later

Japan's deal maker, Softbank tycoon Masayoshi Son

Trump: Japanese mogul pledges $50 billion US investment

Indonesia takes new step to combat loss of forests, fires

Trump DC hotel attracting foreign envoys and controversy

Business Highlights

Alaska Airlines gets US approval to buy Virgin America

How the Dow Jones industrial average finished Tuesday


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