Mount Vernon News
AP Top Business News at 12:03 a.m. EDT

Millions return to poverty in Brazil, eroding 'boom' decade
RIO DE JANEIRO (AP) -- When Leticia Miranda had a job selling newspapers on the streets, she earned about $160 a month, just enough to pay for a tiny apartment she shared with her 8-year-old son in a poor neighborhood of Rio de Janeiro....

Trial to begin against Philip Morris in smoker's death
BRIDGEPORT, Conn. (AP) -- A trial is set to begin in a lawsuit against Philip Morris in connection with the lung cancer death of a Connecticut woman who smoked the company's Marlboro cigarettes....

Fidelity has staff meeting on sex harassment after 2 leave
WASHINGTON (AP) -- The manager of Fidelity Investments' stock-picking unit held an emergency meeting last week to reiterate the firm's policies against sexual harassment and inappropriate behavior, a person familiar with the matter said....

New York advances drone industry with testing corridor
ROME, N.Y. (AP) -- Envisioning a day when millions of drones will buzz around delivering packages, watching crops or inspecting pipelines, a coalition is creating an airspace corridor in upstate New York where traffic management systems will be developed and unmanned aircraft can undergo safety and performance testing....

Nikkei rises on Japanese ruling party win, most of Asia up
TOKYO (AP) -- Asian stocks were mostly higher Monday, with Japan's benchmark rising on the back of an election victory by the prime minister's ruling party, which had promised stability and growth....

Judge tosses $417M award against Johnson & Johnson
LOS ANGELES (AP) -- A judge on Friday tossed out a $417 million jury award to a woman who claimed she developed ovarian cancer by using Johnson & Johnson talc-based baby powder for feminine hygiene....

Vegas rebranding shows difficulty of messaging after tragedy
LAS VEGAS (AP) -- As volunteers streamed in to donate blood, doctors tended to the wounded and investigators scoured the scene of the deadliest mass shooting in modern U.S. history, Las Vegas tourism officials moved quickly to protect their valuable franchise in a city where branding is everything....

Questions and answers on proposed ban on lap
WASHINGTON (AP) -- First the U.S. government temporarily banned laptops in the cabins of some airplanes. Now it is looking to ban them from checked luggage on international flights, citing the risk of potentially catastrophic fires....

Q&A on the GOP effort to overhaul the nation's tax system
WASHINGTON (AP) -- Divided Republicans in Congress are tackling an ambitious overhaul of the nation's tax system that would deeply cut levies for corporations and double the standard deduction used by most average Americans....

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US rig count declines by 15 this week to 913; Texas loses 8

CEO of Saks Fifth Avenue parent to step down

At GE, a new urgency to return to industrial roots

How major US stock indexes fared on Friday

US stocks end higher; S&P 500, Dow on 6-week winning streak

PayPal and Skechers jump while Celgene tumbles

Markets Right Now: Banks, technology lead gains for stocks

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