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AP Top Business News at 7:50 a.m. EST

GOP betting that its fix for US economy will defy warnings
WASHINGTON (AP) -- The tax overhaul of 2017 amounts to a high-stakes gamble by Republicans in Congress: That slashing taxes for corporations and wealthy individuals will accelerate growth and assure greater prosperity for Americans for years to come....

A look at some winners and losers under the GOP tax plan
WASHINGTON (AP) -- Count President Donald Trump among the personal winners in the $1.5 trillion tax package that congressional Republicans are on the verge of passing. It's not only a political score for Trump but likely a windfall for his real estate empire, too....

Defiant Theresa May: UK 'proving doubters wrong' on Brexit
LONDON (AP) -- British Prime Minister Theresa May said Sunday her government is "proving the doubters wrong" after European Union leaders agreed that Brexit negotiations can finally move on to their next phase in the new year....

For GOP, tax bill's most visible win may be averting failure
WASHINGTON (AP) -- Despite the sheer size and society-spanning impact of the $1.5 trillion tax overhaul, the quickest and most potent political victory that Republicans would savor by pushing the bill through Congress next week may be what it averts: another big GOP legislative crash in the age of Trump....

Major media players start commission for sexual misconduct
LOS ANGELES (AP) -- The biggest figures and institutions in entertainment have established a commission to be chaired by Anita Hill that intends to combat sexual misconduct and inequality in the industry in the wake of the huge wave of revelations spurred by allegations against Harvey Weinstein....

Sign-ups show health law's staying power in Trump era
WASHINGTON (AP) -- A deadline burst of sign-ups after a tumultuous year for the Obama health law has revealed continued demand for the program's subsidized individual health plans. But the Affordable Care Act's troubles aren't over....

More than $600,000 spent on police gear for pipeline protest
BISMARCK, N.D. (AP) -- North Dakota law enforcement purchased more than $600,000 worth of body armor, tactical equipment and crowd control devices during the height of protests against the Dakota Access oil pipeline, state invoices show....

Israeli workers strike nationwide to protest Teva layoffs
JERUSALEM (AP) -- Israel's national trade union on Sunday held a half-day nationwide strike to protest generic drugmaker Teva's decision to lay off a quarter of its workforce, snarling traffic and shuttering key services across the country....

Inflammatory letter sheds light on Uber's alleged misconduct
SAN FRANCISCO (AP) -- A former Uber security specialist accused the company of dispatching a team of spies to steal its rivals' trade secrets and using shady tactics to thwart its competition in the ride-hailing market, according an inflammatory letter unsealed Friday by a federal judge....

Trump defends tax plan, proclaims economy set 'to rock'
WASHINGTON (AP) -- Closing in on the first major legislative achievement of his term, President Donald Trump on Saturday defended the Republican tax cut as a good deal for the middle class while boldly suggesting it could lead to explosive economic growth....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
GOP betting that its fix for US economy will defy warnings

A look at some winners and losers under the GOP tax plan

GM shows new Silverado pickup at event in Texas

Procter & Gamble agrees to add activist investor to board

Business Highlights

Costco Wholesale and Hess rise; Oracle and CSX tumble

Facebook: Social media scrolling can make you feel bad

Campbell Soup, Snyder's-Lance shares rise on deal report

Report: Rich will get still richer unless policies change

Tech companies lead US stocks higher as tax plan advances