AP Top Business News at 11:04 p.m. EDT

Trump: Considering Powell and Taylor for Fed's top 2 posts
WASHINGTON (AP) -- President Donald Trump signaled Friday that he is considering dual nominations for the Federal Reserve's top two jobs....

Yellen says Fed's extraordinary policies may be needed again
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen on Friday defended the central bank's extraordinary efforts to fight the Great Recession and said they might be needed again....

Judge tosses $417M award against Johnson & Johnson
LOS ANGELES (AP) -- A judge on Friday tossed out a $417 million jury award to a woman who claimed she developed ovarian cancer by using Johnson & Johnson talc-based baby powder for feminine hygiene....

Q&A on the GOP effort to overhaul the nation's tax system
WASHINGTON (AP) -- Divided Republicans in Congress are tackling an ambitious overhaul of the nation's tax system that would deeply cut levies for corporations and double the standard deduction used by most average Americans....

US stocks end higher; S&P 500, Dow on 6-week winning streak
Wall Street capped a week with no shortage of milestones with a few more Friday....

Trump promises tax cuts as Senate GOP paves way with budget
WASHINGTON (AP) -- President Donald Trump promised tax cuts Friday "which will be the biggest in the history of our country" following Senate passage of a $4 trillion budget that lays the groundwork for Republicans' promised tax legislation....

At GE, a new urgency to return to industrial roots
NEW YORK (AP) -- General Electric's new CEO is starting to lay out bold plans to return the conglomerate to its industrial roots by slashing costs and streamlining its operations....

No distress call after fishing boat with foreign crew wrecks
HONOLULU (AP) -- A boat that ran aground off Honolulu while transporting foreign fishermen to work in Hawaii's commercial fishing industry has raised new questions about the safety and working conditions for foreign laborers in this unique U.S. fleet....

Google parent turns on internet balloons in Puerto Rico
MENLO PARK, Calif. (AP) -- Google's parent Alphabet Inc. said Friday that its stratospheric balloons are now delivering the internet to remote areas of Puerto Rico where cellphone towers were knocked out by Hurricane Maria....

Questions and answers on proposed ban on lap
WASHINGTON (AP) -- First the U.S. government temporarily banned laptops in the cabins of some airplanes. Now it is looking to ban them on from checked luggage on international flights, citing the risk of potentially catastrophic fires....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Yellen says Fed's extraordinary policies may be needed again

Trump: Considering Powell and Taylor for Fed's top 2 posts

US rig count declines by 15 this week to 913; Texas loses 8

CEO of Saks Fifth Avenue parent to step down

At GE, a new urgency to return to industrial roots

How major US stock indexes fared on Friday

US stocks end higher; S&P 500, Dow on 6-week winning streak

PayPal and Skechers jump while Celgene tumbles

Markets Right Now: Banks, technology lead gains for stocks

Letters from regulators go unanswered, Axon slides


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