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AP Top Business News at 4:54 a.m. EST

Trump business ethics pledges left plenty room for profiting
NEW YORK (AP) -- Among the many promises Donald Trump made a year ago to assure people he wouldn't profit off his presidency, one stood out for its boldness: a pledge to donate the profits from any foreign governments staying in his namesake hotels to the U.S. Treasury....

Long shutdown could hurt economy, a short one just 'a blip'
If the shutdown lasts just days or even a couple of weeks, the robust stock market that President Donald Trump has boasted about probably will emerge unscathed. A longer impasse, economists say, could rattle consumer and investor confidence, pulling stocks lower and dragging down the economy....

Top CEOs take 4 days to earn a Bangladesh worker's life pay
DAVOS, Switzerland (AP) -- A CEO from one of the world's top five global fashion brands has to work for just four days to earn what a garment worker in Bangladesh will earn in an entire lifetime, campaigning group Oxfam International said Monday....

Vietnam jails former oil execs in high-profile graft case
HANOI, Vietnam (AP) -- A former oil executive was sentenced to life in prison and a former high-ranking Vietnamese government official received a lengthy prison term Monday at the end of a major corruption trial....

Senate talks fall short, shutdown extends into workweek
WASHINGTON (AP) -- The government shutdown is set to sow more disruption and political peril Monday after the Senate inched closer but ultimately fell short of an agreement that would have reopened federal agencies before the beginning of the workweek....

NEW YORK (AP) -- "Jumanji: Welcome to the Jungle" outdid another weekend's worth of newcomers to top the North American box office for the third straight weekend, making the surprise hit the fifth-highest grossing film of all time for Sony Pictures....

China defends role in trade after US criticism
BEIJING (AP) -- China's foreign ministry has defended its role in global trade after the U.S. government said it was a mistake to support Beijing's World Trade Organization membership on terms that failed to open its economy....

US tax reform writedown pushes Switzerland's UBS to Q4 loss
BERLIN (AP) -- Swiss bank UBS has reported a 2.22 billion-franc ($2.3 billion) loss for the fourth quarter as a result of a large writedown caused by the newly enacted U.S. tax reform....

Q&A: Samsung's Alex Hawkinson on smart-home evolution
NEW YORK (AP) -- Many everyday appliances are connecting to the internet these days, allowing people to control them with apps and voice commands. More homes are embracing this, especially as people get comfortable using smart speakers such as the Amazon Echo and Google Home....

France's Sanofi buys US hemophilia specialist Bioverativ
PARIS (AP) -- France-based drugmaker Sanofi is buying U.S. hemophilia specialist Bioverativ for $11.6 billion in a deal that Sanofi says will boost its profile for fighting rare diseases....

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