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AP Top Business News at 8:29 p.m. EST

Fed expects economic gains to prompt gradual rate hikes
WASHINGTON (AP) -- The Federal Reserve says it expects that the ongoing strength of the U.S. economy will warrant gradual increases in interest rates this year, delivering the same steady-as-it-goes message under new leader Jerome Powell as it had provided under Janet Yellen....

More companies end ties with NRA as pressure mounts
NEW YORK (AP) -- Three more companies said Friday they had ended discount programs with the National Rifle Association, as U.S. corporations take a closer look at investments, co-branding deals and other ties to the gun industry after the latest school massacre....

US asks judge to approve seizure of Pharma Bro's assets
NEW YORK (AP) -- "Pharma Bro" Martin Shkreli appeared in court Friday for the first time since a judge locked him up for his online antics, and the brash former pharmaceutical CEO had a new look since his bail was revoked in September: a scruffy beard that made his appearance less boyish....

Trump Jr. 'loves' Indian media covering his business visit
NEW DELHI (AP) -- The U.S. president's son heaped praise on the Indian media and complained of coverage at home, as he neared the end of a whirlwind trip across India promoting Trump-brand luxury real estate....

Broad rally helps stocks end a choppy week slightly higher
Wall Street capped several days of choppy trading Friday with a broad rally that gave the stock market a modest gain for the week....

Emoluments suit vs. Trump now personal as well as official
WASHINGTON (AP) -- Attorneys general of Maryland and the District of Columbia on Friday expanded their lawsuit accusing President Donald Trump of accepting gifts from foreign and state governments, suing him not only as president but in his personal capacity as a businessman....

General Mills gets pet-friendly again by buying Blue Buffalo
NEW YORK (AP) -- The maker of Cheerios also wants to fill dog bowls: General Mills said Friday that it plans to buy high-end pet food maker Blue Buffalo for $8 billion....

China prosecuting tycoon who considered Kushner investment
BEIJING (AP) -- The founder of one of China's biggest insurers, who had discussed possibly investing in a Manhattan skyscraper owned by the family of U.S. President Donald Trump's son-in-law and adviser, will be prosecuted for financial offenses and regulators have taken control of his company, the government announced Friday....

EU leaders can't agree yet on post-Brexit budget
BRUSSELS (AP) -- European Union leaders are unlikely to agree this year on a new multiyear budget that will plug a huge funding gap caused by Britain's departure from the bloc, European Council President Donald Tusk said Friday....

EU official says UK seems delusional over post-Brexit ties
BRUSSELS (AP) -- A top European Union official says Britain's view of its future ties with the EU after Brexit seems delusional....

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