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AP Top Business News at 2:48 p.m. EST

Stocks slip from record highs as energy companies fall
NEW YORK (AP) -- U.S. stocks are mostly lower Wednesday after their recent record-setting run. Energy and industrial companies are slipping while basic materials makers are rising. Technology stocks, which have risen every day in February, are wobbling between small losses and gains....

Fed officials discussed possible rate hike 'fairly soon'
WASHINGTON (AP) -- Federal Reserve officials earlier this month discussed the need to raise a key interest rate again "fairly soon," especially if the economy remains strong....

Americans buy existing homes at fastest pace in a decade
WASHINGTON (AP) -- Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding wars that have pushed up prices as the supply of available homes has dwindled to record lows....

End of the euro? French candidate plots return of the franc
PARIS (AP) -- If Marine Le Pen has her way, the French will soon pay for their baguettes with francs, not euros....

Health care's future: Turning patients into savers, shoppers
The U.S. government may soon lean on someone new to help lower health care costs: you....

Emails: EPA's Pruitt cozy with fossil fuel industry
WASHINGTON (AP) -- While serving as Oklahoma's attorney general, new Environmental Protection Agency chief Scott Pruitt was in frequent contact with fossil fuel companies and special interest groups working to undermine federal efforts to curb planet-warming carbon emissions....

Industry: Philadelphia soda tax killing sales, layoffs loom
PHILADELPHIA (AP) -- Some Philadelphia supermarkets and beverage distributors say they're gearing up for layoffs because the city's new tax on soft drinks has cut beverage sales by 30 percent to 50 percent - worse than the city predicted....

Swiss firm says South Korean exec made off with millions
GENEVA (AP) -- Swiss engineering company ABB says that an executive at its South Korean unit is suspected of leading a "sophisticated criminal scheme" to steal millions of dollars from the company. The scandal could cost it as much as $100 million....

New Apple headquarters to have theater named for Steve Jobs
CUPERTINO, Calif. (AP) -- Apple has announced that its new headquarters will open for employees in the spring and will include a theater named for its late co-founder, Steve Jobs....

German optimism up in positive sign for Europe's economy
FRANKFURT, Germany (AP) -- German business optimism rose unexpectedly in February as executives appeared to shrug off initial worries about U.S. President Donald Trump's policies, providing another sign that Europe's economy is gaining pace....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
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Up to the Minute
Fed officials discussed possible rate hike 'fairly soon'

Stocks slip from record highs as energy companies fall

HSN looks for new shoppers beyond TV's reach

Fed minutes: Officials discussed need to raise key rate 'fairly soon' if economy remains strong

Markets Right Now: US stocks edge back from record highs

Americans buy existing homes at fastest pace in a decade

Unilever reviewing options after Kraft Heinz withdraws bid

Portugal tries to please, but IMF demands more

Health insurer Aetna to spend $3.3B buying back stock

UK's Lloyds bank turning corner after years of crisis