THE ASSOCIATED PRESS

AP Top Business News At 7:53 p.m. EST

Microsoft earnings report doesn't excite market
SAN FRANCISCO (AP) -- Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Microsoft away from its traditional focus on the PC....

As storm rushes in, airlines cancel while salt sellers gain
Businesses large and small are feeling the effects of a huge snowstorm sweeping into the Northeast Monday. For some, wintry weather is derailing activity: Airlines canceled thousands of flights. Car dealers expect to lose a couple sales days. Others are enjoying sales bumps, as shoppers stock up on shovels and other winter gear - and snow day snacks....

Thousands of flights canceled as storm descends on the East
Airline travelers are going nowhere fast because of the blizzard bearing down on the Northeast....

CBO: Deficit to shrink to lowest level of Obama presidency
WASHINGTON (AP) -- Solid economic growth will help the federal budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released Monday....

Gov't to overhaul Medicare payments to doctors, hospitals
WASHINGTON (AP) -- Medicare will change the way it pays hospitals and doctors to reward quality over volume, the Obama administration said Monday, in a shift that officials hope will be a catalyst for the nation's $3 trillion health care system....

IBM "flatly denies" report of mass layoffs
SAN FRANCISCO (AP) -- Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people....

Stocks eke out small gains after drifting most of the day
U.S. stocks eked out tiny gains on Monday after spending much of the day drifting sideways....

Law enforcement wants popular police-tracking app disabled
WASHINGTON (AP) -- Law enforcement is concerned that the popular Waze mobile traffic app by Google Inc., which provides real-time road conditions, can also be used to hunt and harm police....

Super Bowl host city still reeling over sports deals
GLENDALE, Ariz. (AP) -- The entire world will be watching Glendale on Sunday as it hosts the Super Bowl and the legions of fans who are shelling out big bucks to see the big game....

Eurozone looks for dialogue after stunning Greece elections
BRUSSELS (AP) -- For a man long seen as the eurozone's worst nightmare, Alexis Tsipras has had a smooth first day as prime minister of Greece....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
As storm rushes in, airlines cancel while salt sellers gain

Business Highlights

Thousands of flights canceled as storm descends on the East

Rates on US Treasury bills mixed at weekly auction

Stocks eke out small gains after drifting most of the day

How the Dow Jones industrial average fared on Monday

Figures on government spending and debt

Ocwen and Mattel are big market movers

US stock market finishes with small gains

FDA names Duke cardiologist to No. 2 leadership job


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