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US stocks veer lower following another drop in price of oil

A slump in crude oil prices and other commodities weighed on stocks in afternoon trading Monday. Energy companies were among the biggest decliners as the price of crude oil sank to the lowest level in more than a decade. Investors also weighed the implications of another drop in China's stock market.

Last Updated on Monday, 11 January 2016

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Spain: Landmark fraud trial starts for Princess Cristina

PALMA DE MALLORCA, Spain (AP) — Spain's Princess Cristina went on trial Monday in a landmark criminal case, accused of helping bankroll a lavish lifestyle with funds her husband received from an alleged scheme to embezzle millions from public contracts for conferences and sporting events.

Last Updated on Monday, 11 January 2016

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Markets to face slowing company profits after China tumult

NEW YORK (AP) — Tumult in China triggered the worst opening week for U.S. stocks in history, and this week investors could get plenty more to worry about.

Profits are expected to drop at U.S. companies.

Again.

Last Updated on Monday, 11 January 2016

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Aid trucks enter besieged Syria town

DAMASCUS, Syria (AP) — At least three trucks bringing food and medicine to a besieged Syrian town near the Lebanese border have entered the town.

Last Updated on Monday, 11 January 2016

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With SUV look, tech touches, Chrysler aims to revive minivan

DETROIT (AP) — Thirty-three years ago, Chrysler invented the minivan. Now, it's reinventing it — with styling reminiscent of an SUV, high-tech features and a first-ever hybrid version that Chrysler hopes will make minivans popular again.

Last Updated on Monday, 11 January 2016

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Mexico begins extradition proceedings against drug lord

 

MEXICO CITY (AP) — Mexico began the process of extraditing drug lord Joaquin "El Chapo" Guzman to the United States, two days after the famed fugitive was recaptured following a dramatic, months-long hunt featuring movies stars, sewer escapes and bloody shootouts.

Last Updated on Monday, 11 January 2016

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High court to hear dispute over public sector union fees

WASHINGTON (AP) — A Supreme Court dispute over public-sector union fees could sap the finances of organized labor and further erode the power of the nation's labor movement.

Last Updated on Monday, 11 January 2016

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EU: Belgium gave illegal tax breaks totaling $760 million

BRUSSELS (AP) — The European Union has ordered Belgium to recover some $760 million in illegal tax breaks from 35 multinationals, its latest ruling against the sweet deals many member states offered to some of the world's biggest companies.

Last Updated on Monday, 11 January 2016

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