AP Top Business News at 8:53 a.m. EST

US musician makes mics in Russia using Kalashnikov machinery
TULA, Russia (AP) -- Claims of hacking by the Russian state may be feeding international tensions, but they've given Californian musician David Brown a great icebreaker when selling his line of Russian-made microphones....

Claims for US jobless benefits tick up, level still healthy
WASHINGTON (AP) -- More Americans applied for unemployment benefits last week, but claims remained at a low level consistent with a healthy job market....

Low-cost Norwegian Air promises bargain flights to Europe
PROVIDENCE, R.I. (AP) -- Low-cost carrier Norwegian Air Shuttle is promising cheap trans-Atlantic flights when it starts service to Europe this summer from Rhode Island, Connecticut and New York's Hudson Valley....

Tesla swings to loss in 4Q, says Model 3 on target
DETROIT (AP) -- Unable to string together profitable quarters, electric car and solar cell maker Tesla Inc. reported a loss for the last three months of 2016....

Nobel-winning economist Kenneth J. Arrow dies at 95
PALO ALTO, Calif. (AP) -- Kenneth J. Arrow, the youngest-ever winner of a Nobel prize for economics, whose theories on risk, innovation and the basic mathematics of markets have influenced thinking on everything from voting to health insurance to high finance, has died. He was 95....

Fed officials discussed possible rate hike 'fairly soon'
WASHINGTON (AP) -- Federal Reserve officials earlier this month discussed the need to raise a key interest rate again "fairly soon," especially if the economy remains strong....

France's PSA seeks to be 'European car champion' with Opel
PARIS (AP) -- The chairman of French carmaker PSA Group wants to create a "European car champion" with the purchase of General Motors' European car business and pledged to work with governments and unions worried over job cuts....

INFLUENCE GAME: GM bill is self-driving and self-interested
WASHINGTON (AP) -- With states seizing the initiative on shaping the future of self-driving cars, General Motors is trying to persuade legislators across the country to approve rules that would benefit the automaker while potentially keeping its competitors off the road....

Ivanka Trump visits center for minority-owned businesses
WASHINGTON (AP) -- Ivanka Trump is learning more about economic policy as she takes on a more visible role in and around Washington....

Global stocks steady as Fed minutes fail to sway investors
LONDON (AP) -- Global stock markets were trading in narrow ranges Thursday after the minutes to the last policymaking meeting of the Federal Reserve failed to provide much of a steer as to the timing of the U.S. central bank's next interest rate increase....

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Up to the Minute
Claims for US jobless benefits tick up, level still healthy

Weekly claims for US unemployment benefits rise to 244,000 but still at low level

Barclays bank ahead of schedule in recovery plan

France's PSA seeks to be 'European car champion' with Opel

Repsol closes 2016 with best net profit in 4 years

World shares listless as Fed minutes fail to sway investors

Japanese Nissan executive tapped to replace Ghosn as CEO

Spirit Airlines CEO dismisses new, cheaper fares by rivals

Tesla swings to loss in 4Q, says Model 3 on target

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