AP Top Business News at 10:46 a.m. EST

New Mexico targets Takata, auto makers over faulty air bags
ALBUQUERQUE, N.M. (AP) -- New Mexico Attorney General Hector Balderas has announced a lawsuit against Japanese manufacturer Takata and a long list of automakers in connection with the sale of cars with dangerous air bag inflators....

Will Trump end globalization? The doubt haunts Davos' elite
DAVOS, Switzerland (AP) -- It's been impossible to escape the shadow of Donald Trump at this year's gathering of the business elites at the World Economic Forum in Davos, Switzerland....

The Latest: UK's Hammond puts some Brexit blame on Blair
DAVOS, Switzerland (AP) -- The Latest on the World Economic Forum in Davos, Switzerland (all times local):...

US stock indexes move higher in early trading; oil rising
U.S. stocks moved broadly higher in early trading Friday ahead of the inauguration of President-elect Donald Trump. Phone company stocks led the gainers. Energy stocks also rose as oil prices headed higher. Investors also had their eye on the latest batch of company earnings and outlooks....

Chinese sportswear brand makes inroads in tennis world
MELBOURNE, Australia (AP) -- Svetlana Kuznetsova has a different look than most tennis players. And it's not just all the tattoos....

Las Vegas Sands paying $7M to settle corrupt practices probe
LAS VEGAS (AP) -- Billionaire Sheldon Adelson's casino company is paying almost $7 million to U.S. authorities to end a more than five-year corrupt practices investigation of the firm's former relationship with a consultant in Macao and China, company and federal officials said Thursday....

Marathon bombing film productions won't detail tax credits
BOSTON (AP) -- Hollywood films about the 2013 Boston Marathon bombings shot on location last year to bring the story to the silver screen, but not all the for-profit productions have been forthcoming about the taxpayer-funded benefits they're seeking or have already received for filming in Massachusetts....

Paramount inks $1B film co-finance deal with 2 Chinese firms
HONG KONG (AP) -- Paramount Pictures said Friday it has inked a co-financing deal with two Chinese companies for the Hollywood studio's slate of movies over the next three years....

Ford expects $2B net income drop due to pension change
DEARBORN, Mich. (AP) -- Ford says that a change in the way it values pension obligations will cut its 2016 net income by $2 billion....

Treasury pick defends foreclosure actions, asset disclosure
WASHINGTON (AP) -- Steven Mnuchin, President-elect Donald Trump's pick as Treasury secretary, clashed with Democrats during a lengthy confirmation hearing Thursday over his handling of thousands of mortgage foreclosures and his failure to initially disclose to the committee nearly $100 million in assets and interests in a Cayman Islands corporation....

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Ford expects $2B net income drop due to pension change

US stock indexes move higher in early trading; oil rising

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Treasury pick defends foreclosure actions, asset disclosure

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