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Regulator: China needs to rein in risky stock behavior
BEIJING (AP) -- China needs to do more to stop risky behavior in its stock market, a regulator said Sunday, following a 2015 collapse in share prices and complaints investors are engaged in a dangerous new round of speculative buying....

Gibbs, Penske defend NASCAR as having bright future
DAYTONA BEACH, Fla. (AP) -- Joe Gibbs joined the list of heavy hitters defending NASCAR during one of its shakiest periods in decades....

Buffett's firm says 4Q profit up 15 percent on investments
OMAHA, Neb. (AP) -- Warren Buffett's company says fourth-quarter profit improved 15 percent, but most of the gains came from the paper value of Berkshire Hathaway Inc.'s investments and derivatives contracts....

Hewlett Packard Enterprise and JC Penney fall; CoreCivic up
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday:...

Egyptians bear down under worst inflation in a decade
CAIRO (AP) -- Egyptians are bearing down under their worst inflation in a decade, cutting spending as much as possible as prices surge on basic food items, transport, housing, and even some essential medicines....

China, France overtake US as top German trade partners
BERLIN (AP) -- New statistics show that China and France have overtaken the U.S. as Germany's largest trading partners....

J.C. Penney beats 4Q profit forecasts
PLANO, Texas (AP) -- J.C. Penney Co. on Friday reported fiscal fourth-quarter net income of $192 million, after reporting a loss in the same period a year earlier....

Royal Bank of Scotland has lost money for 9 straight years
LONDON (AP) -- Royal Bank of Scotland has lost money for nine consecutive years after it set aside another 4 billion pounds ($5 billion) in the fourth quarter of 2016 to cover the costs of misconduct during the financial crisis and targeted a return to profits in 2018....

Nordstrom reports better-than-expected quarterly profit
Nordstrom Inc., the department store recently scolded by President Donald Trump, reported a better-than-expected quarterly profit with help from strong sales online and at Nordstrom Rack....

Glencore upbeat on outlook as commodity prices revive
GENEVA (AP) -- The chief executive of Glencore says the Swiss mining and metals company is better positioned than ever after core profits rose 48 percent last year amid recovering commodity prices and cost cutting policies....

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AP Photo/Gregorio Borgia
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