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AP Top Business News at 9:06 a.m. EST

Trump business ethics pledges left plenty room for profiting
NEW YORK (AP) -- Among the many promises Donald Trump made a year ago to assure people he wouldn't profit off his presidency, one stood out for its boldness: a pledge to donate the profits from any foreign governments staying in his namesake hotels to the U.S. Treasury....

Long shutdown could hurt economy, a short one just 'a blip'
If the shutdown lasts just days or even a couple of weeks, the robust stock market that President Donald Trump has boasted about probably will emerge unscathed. A longer impasse, economists say, could rattle consumer and investor confidence, pulling stocks lower and dragging down the economy....

Trump to face mixed welcome at elite Davos gathering
DAVOS, Switzerland (AP) -- In Davos this week, participants can experience "a day in the life of a refugee." Or hear about ways to uphold the Paris climate accord and promote free trade. Or rub elbows with any number of leaders of African countries....

The Latest: Davos bans left-wing protest over too much snow
DAVOS, Switzerland (AP) -- The Latest on the World Economic Forum in Davos, Switzerland (all times local):...

IMF hikes outlook for global growth for 2017 to 3.7 percent
WASHINGTON (AP) -- The International Monetary Fund is upgrading the outlook for the world economy, noting surprisingly strong growth in Europe and Asia and predicting that U.S. tax cuts will give the American economy a short-term boost....

Global stocks mixed after US government shutdown
BEIJING (AP) -- Global stocks were mixed on Monday as global investors mostly shrugged off the latest U.S. government shutdown....

Top CEOs take 4 days to earn a Bangladesh worker's life pay
DAVOS, Switzerland (AP) -- A CEO from one of the world's top five global fashion brands has to work for just four days to earn what a garment worker in Bangladesh will earn in an entire lifetime, campaigning group Oxfam International said Monday....

Vietnam jails former oil execs in high-profile graft case
HANOI, Vietnam (AP) -- A former oil executive was sentenced to life in prison and a former high-ranking Vietnamese government official received a lengthy prison term Monday at the end of a major corruption trial....

Senate talks fall short, shutdown extends into workweek
WASHINGTON (AP) -- The government shutdown is set to sow more disruption and political peril Monday after the Senate inched closer but ultimately fell short of an agreement that would have reopened federal agencies before the beginning of the workweek....

China defends role in trade after US criticism
BEIJING (AP) -- China defended its role in global trade Monday and accused Washington of being disruptive after the U.S. government said it was a mistake to support Beijing's World Trade Organization membership on terms that failed to open its economy....

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IMF hikes outlook for global growth for 2017 to 3.7 percent

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