AP Top Business News At 7:32 a.m. EST

Sprint Nextel slows subscriber loss in 4th quarter
NEW YORK (AP) -- Sprint Nextel says its subscriber losses slowed in the fourth quarter, an encouraging sign for the wireless carrier that has lost millions of customers over the past few years....

Greece leads markets higher amid EU rescue hopes
LONDON (AP) -- Greek shares led world markets higher Wednesday amid mounting hopes that German opposition to a European Union financial rescue package for the heavily indebted country is waning....

Oil near $74 as weak dollar offsets high supplies
Oil prices rose to near $74 a barrel Wednesday, boosted by a weaker dollar but held back by a report showing unexpected growth in U.S. crude inventories, casting more doubt on the recovery in the world's biggest economy....

EU nations' reality: Greece's woes are theirs, too
BRUSSELS (AP) -- Wealthy European nations are moving closer toward swallowing a bitter pill: rescuing Greece from its overspending before its debts drag down the euro and stock markets all the way to Wall Street....

Greek unions launch 1st assault on austerity plan
ATHENS, Greece (AP) -- A civil servants' strike grounded flights and shut down public services across Greece on Wednesday, as labor unions mounted their first major challenge to austerity measures in the debt-plagued country....

Toyota starts fixing Priuses recalled in Japan
TOKYO (AP) -- Prius owners in Japan are rushing to dealers for repairs a day after Toyota's president announced a global recall for a glitch in the car's antilock brake system....

AP sources: FAA eyes hefty fines for American
WASHINGTON (AP) -- The Federal Aviation Administration is close to wrapping up a two-year investigation of safety violations at American Airlines that could result in one of the largest fines in the agency's history, according to government and industry officials familiar with the investigation....

Bank of England expects slow economic recovery
LONDON (AP) -- The Bank of England said Wednesday that the pace of recovery in the U.K. economy is slower than it previously forecast, impeded by tight credit and the need to repair public and private balance sheets....

Stock futures higher on Greece bailout hopes
NEW YORK (AP) -- Stock futures rose modestly Wednesday, pointing to a second straight day of gains, as hopes grew that the European Union will provide a rescue package for Greece....

Rio Tinto employees to stand trial in China
BEIJING (AP) -- Four detained employees of mining giant Rio Tinto Ltd. including an Australian national will stand trial in China on charges of stealing commercial secrets, a state news agency said Wednesday....

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Up to the Minute
Sprint Nextel slows subscriber loss in 4th quarter

Oil near $74 as weak dollar offsets high supplies

USVI issues warrant for missing real estate agent

Rio Tinto employees to stand trial in China

Ahead of the Bell: Activision Blizzard results

Ahead of the Bell: Foreign Trade

AP sources: FAA eyes hefty fines for American

Bank of England expects slow economic recovery

Latest plan to cut farm subsidies likely dead

Greece leads markets higher amid EU rescue hopes


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