Asian shares mixed after Trump inauguration, dollar weakens

BEIJING (AP) — Japanese stocks tumbled while Chinese markets gained Monday after Donald Trump took office as U.S. president and promised "American first" policies, adding to concerns about the threat of protectionism.

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Samsung says battery design and manufacturing process caused Galaxy Note 7 smartphone fires

SEOUL, South Korea (AP) — Samsung says battery design and manufacturing process caused Galaxy Note 7 smartphone fires .

In debt and afraid: dealing with debt collectors

It's a scary place to be — in debt and afraid.

How student loan servicers affect tens of millions of people

WASHINGTON (AP) — They aren't well-known. Their names are odd. And what they do — well, it's complicated.

Business Highlights


How major US stock market indexes fared on Friday

Stocks closed modestly higher Friday, recouping much of the market's loss from a day earlier. The gains, which snapped a 5-day losing streak for the Dow Jones industrial average, came against the backdrop of the inauguration of Donald Trump as U.S. president. Investors also had their eye on the latest batch of corporate earnings.

Procter & Gamble, Skyworks gain; Bristol-Myers Squibb sinks

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday:

Markets Right Now: Dow industrials break 5-day losing streak

NEW YORK (AP) — The latest on developments in financial markets (All times local):

US rig count jumps 35 this week to 694; Texas up 17

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. leaped by 35 this week to 694.

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.

Ex-road safety chief worries agency won't be Trump priority

DETROIT (AP) — The outgoing head of the government agency charged with keeping highways safe is worried that auto safety won't be a priority for the incoming Trump administration.

China's growth edges up but 2016 weakest year since 1990

BEIJING (AP) — China's economic growth sank to its lowest level in three decades in 2016 as Beijing braces for a trade battle with U.S. President-elect Donald Trump.

Yellen says Fed following prudent course on rates

WASHINGTON (AP) — While unemployment has fallen significantly and inflation is starting to tick higher, Federal Reserve Chair Janet Yellen said Thursday she does not believe that the central bank has fallen behind the curve and needs to start pushing interest rates up more quickly.

Uber pays $20 million to settle claims of driver deception

SAN FRANCISCO (AP) — Uber Technologies is paying $20 million to settle allegations that it duped people into driving for its ride-hailing service with false promises about how much they would earn and how much they would have to pay to finance a car.

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.

Soros: Trump a 'would-be dictator' who will rattle markets

NEW YORK (AP) — Billionaire investor George Soros said Thursday he views President-elect Donald Trump as an "impostor and con man and a would-be dictator" who will rattle financial markets.

Target names Rick Gomez new chief marketing officer

NEW YORK (AP) — Target says it is promoting Rick Gomez to executive vice president and chief marketing officer as the Minneapolis discounter looks to reverse traffic declines at its stores.

American Express misses forecasts, hurt by Costco loss

NEW YORK (AP) — American Express' fourth-quarter profit fell 8 percent from the same period a year earlier, hurt by the loss of the Costco credit card business and higher expenses to retain customers.

Union Pacific cost cuts offset declining shipments in 4Q

OMAHA, Neb. (AP) — Union Pacific's fourth-quarter profit grew 2 percent as the railroad cut costs to offset a 3 percent decline in shipments.

Starbucks latest to expand parental leave benefits

NEW YORK (AP) — Starbucks is telling employees that it's expanding their parental leave benefits.

Western Union agrees to pay $586 million for fraud victims

NEW YORK (AP) — Western Union has agreed to pay $586 million to the U.S. government to pay back victims of fraud that the money transfer company failed to protect.

Former CP CEO teaming with investor to target CSX railroad

OMAHA, Neb. (AP) — The executive who led the financial turnaround of Canadian Pacific railroad over the past five years is teaming up with an activist investor to target CSX railroad.

Long-term US mortgage rates fall; 30-year at 4.09 percent

Long-term US mortgage rates Long-term US mortgage rates marked their third week of declines this week, after snapping a nine-week run of increases.

War of words over Trump plans to expand Scottish resort

NEW YORK (AP) — Donald Trump has vowed his company will do "no new foreign deals" while he is president. But he's left "new" and "deals" open to interpretation.

Pizza Hut plans to hire 11,000 ahead of the Super Bowl

NEW YORK (AP) — Pizza Hut is gearing up for the Super Bowl by hiring 11,000 people in the U.S. to cook up its pies, deliver them to hungry customers or manage its restaurants.

State police investigate fatal crash on I-88 near Rotterdam

Longtime Capital Region Community Leader, Patricia Higgins, Dies

Regional Food Bank holds annual Neighborhood Food Drive

Benefit held for Colonie bus driver looking for bone marrow match

Schumer: Airlines shouldn't charge extra for overhead bin

Cuomo seeks $2B to fix some of nation's oldest pipes

American Red Cross assisting 19 after pair of fires

Victory Christian Church service stresses unity

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