AP Top Business News at 3:58 p.m. EST

Less is more: Why the Olympics broadcast beats online
NEW YORK (AP) -- When it comes to the Olympics, too much choice can paralyze you with indecision. With five television channels, online streaming, virtual reality and Snapchat, where do you even start?...

Fed officials: Stronger economy boosts chance for rate hikes
WASHINGTON (AP) -- Federal Reserve officials at their January meeting believed that a brightening global economic picture and the effects of recently passed tax cuts had raised the prospect for solid growth and continued interest rate increases....

Amid a flood of plastic, big companies try to clean up image
LONDON (AP) -- Once a month, accountant Michael Byrne pulls on his rubber boots and makes his way to a spot on the banks of the River Thames....

White House says US could reach 3 percent growth rate
WASHINGTON (AP) -- The White House's top economist said Wednesday the U.S. could achieve annual growth rates of 3 percent through the next decade if President Donald Trump's policies on regulations and infrastructure are enacted....

To get a ride, Uber says take a walk
DETROIT (AP) -- The latest variation of an Uber ride will require a short walk....

US stocks pare early gains as bond yields surge
Stocks indexes pared early gains Wednesday and were mostly lower in afternoon trading as investors reacted to a late-afternoon surge in bond yields. Bond prices fell, sending the yield on the U.S. 10-year Treasury note to its highest level in four years, following newly released minutes from the Federal Reserve's most recent meeting which showed bullish sentiment among policymakers, confirming their intention to further tighten credit. Banks rose along with the bond yields....

Trump Jr: 'Nonsense' that family's profiting from presidency
NEW DELHI (AP) -- Donald Trump Jr. said that any talk of his family profiting from his father's presidency is "nonsense" as he embarked on a trip to India that has raised ethical concerns about using the name of the American president to promote international business ventures....

Sales of US homes fall year over year by most in 3 years
WASHINGTON (AP) -- U.S. sales of existing homes fell in January from a year earlier by the most in more than three years. Would-be buyers were stymied by rising prices and a shortage of homes for sale....

US panel recommends new adult vaccine against hepatitis B
NEW YORK (AP) -- A federal advisory panel on Wednesday recommended a new vaccine against hepatitis B....

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Up to the Minute
Markets Right Now: Spike in bond yields upends a stock rally

US stocks pare early gains as bond yields surge

Fed officials: Stronger economy boosts chance for rate hikes

Sales of US homes fall year over year by most in 3 years

US home sales fell 3.2 percent in January, post biggest annual decline in 3 years

Retailers, technology lead early gains for US stocks

To get a ride, Uber says take a walk

Priceline changing its name to Booking Holdings

Asian retailer Lotte accepts resignation from jailed co-CEO

Toy makers turn to the toilet for poop-inspired toys