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  • AP source: Donaldson, Blue Jays nearing $28.65M, 2-year deal

    NEW YORK (AP) — AL MVP Josh Donaldson and the Toronto Blue Jays are nearing agreement on a $28.65 million, two-year contract, according to a person familiar with the negotiations. The person spoke on condition…

  • Ikea recalls ceiling lamps for risk of falling glass shades

    HELSINKI (AP) — Swedish furniture retailer Ikea is recalling two types of ceiling lamps because of a risk that the glass shades might fall and injure people. The company says that after receiving complaints from…

  • Global volume up for Coke, though Diet Coke fizzles

    ATLANTA (AP) — Coca-Cola’s global soda volume rose in the fourth quarter, even as Diet Coke continued to suffer declines. The world’s largest beverage maker said Tuesday that worldwide unit case volume for soda, which…

  • Japan worried about 2020 problem, or life after the Olympics

    TOKYO (AP) — Japan is gearing up for the 2020 Tokyo Olympics with gusto, investing in everything from stadiums to electric cars, and expecting an economic bonanza from a construction frenzy and an influx of…

  • IRS grants long-delayed tax exempt status to Crossroads GPS

    WASHINGTON (AP) — The Internal Revenue Service has granted tax-exempt status to one of the best-known and best-funded politically active nonprofit organizations, Crossroads Grassroots Policy Strategies. Advised by Republican strategist Karl Rove, once a top…

  • The Latest: Greek stock market sinks to lowest since 1989

    LONDON (AP) — The latest on the turmoil afflicting global financial markets (all times local): 3:40 p.m. Who said Greece wasn’t a concern in markets anymore? Greece’s stock market has fallen to its lowest level…

  • US businesses post more open jobs; quits rise to 9-year high

    WASHINGTON (AP) — U.S. companies advertised more available jobs in December and more Americans quit, trends that could lift wages in the coming months. The Labor Department says the number of job openings jumped 4.9…

  • After challenging holiday, Sears to speed up store closings

    HOFFMAN ESTATES, Ill. (AP) — Sears keeps pruning its business in a years-long makeover, a bid to transform itself from a 123-year-old retail store into a nimble, 21st century operator. Patience appears to be wearing…

  • Stocks stabilize after an early slide; Japan’s Nikkei slumps

    U.S. stocks were moving between gains and losses in morning trading Tuesday as investors weighed the latest batch of company earnings news. Materials and technology companies were among the biggest risers as the market stabilized…

  • Noranda Aluminum files for bankruptcy

    ST. LOUIS (AP) — One of North America’s biggest makers of aluminum foil is seeking bankruptcy protection, saying it plans to halt production at a southeastern Missouri smelter within weeks. Noranda Aluminum Holding Corp. made…

  • Flint gets $3M pledge; mayor, attorney general to speak

    FLINT, Mich. (AP) — General Motors and the United Auto Workers union plan to donate $3 million to support increased health and education services for Flint children who have been exposed to lead, officials announced…

  • Pennsylvania stuck in historic budget gridlock

    HARRISBURG, Pa. (AP) — Pennsylvania government will set a modern state record for budget gridlock on Tuesday when Gov. Tom Wolf sends lawmakers a spending proposal for the coming fiscal year with no full plan…

  • Obama administration plans new high-level cyber official

    WASHINGTON (AP) — The Obama administration is creating a new high-level federal official to coordinate cybersecurity across civilian agencies and to work with military and intelligence counterparts, as part of its 2017 budget proposal announced…

  • US wholesale businesses trim stockpiles in December

    WASHINGTON (AP) — U.S. wholesale businesses cut their stockpiles and registered lower sales for the third straight month in December. The Commerce Department says wholesale inventories fell 0.1 percent in December after dropping 0.4 percent…

  • CEO reassures Deutsche Bank is ‘rock-solid’ as shares sink

    FRANKFURT, Germany (AP) — Deutsche Bank co-CEO John Cryan is reassuring employees and the markets that Germany’s largest lender remains “rock-solid” even though its shares have taken a beating. The bank’s shares have suffered in…