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Business Headlines

On this page we've assembled links to stories from national business news sources including the Associated Press, CNN/Money, The Wall Street Journal, The New York Times and others.

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Associated Press
BISMARCK, N.D. (AP) -- A federal judge will hear arguments Tuesday about whether to stop the final bit of construction on the disputed Dakota Access pipeline, perhaps just days before it could start moving oil....
SEOUL, South Korea (AP) -- South Korean special prosecutors said they will indict Samsung's de facto chief Tuesday on bribery, embezzlement and other charges linked to a political scandal that has toppled President Park Geun-hye....
WASHINGTON (AP) -- The Senate on Monday confirmed billionaire investor Wilbur Ross as commerce secretary as President Donald Trump adds to his economic team....
NEW YORK (AP) -- A top engineering executive at Uber, Amit Singhal, is out five weeks after his hire was announced. According to a report in the tech blog Recode, Singhal failed to disclose that he'd left his previous job at Google because of a sexual harassment allegation....
DETROIT (AP) -- Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in the U.S....
      
Wall Street Journal
Snap, which this week could become the biggest technology public offering in years, defiantly operates unlike most Silicon Valley outfits, where collaboration and wide-open office spaces are prized. The question is whether this management style and focus on privacy will help the company challenge the Facebook juggernaut.
The Trump administration has been slower than the past two White Houses to nominate people to fill top antitrust enforcement posts, injecting uncertainty for companies with pending mergers.
Japanese automotive supplier Takata pleaded guilty to criminal wrongdoing and agreed to pay $1 billion in penalties for providing misleading testing reports to auto makers on rupture-prone air bags installed in millions of vehicles.
A managing partner at PricewaterhouseCoopers posted a celebrity photo on Twitter backstage at the Academy Awards on Sunday night just minutes before he mistakenly gave an envelope to actor Warren Beatty that set off the disastrous announcement of the wrong best-picture winner.
Johnson & Johnson said it raised the list price of its prescription medicines by an average of 8.5% last year—and 3.5% after discounts—in the health-products company’s first effort to address criticism about the high cost of medicines by opening up about its drug-pricing practices.
      
CNNMoney
Wilbur Ross, tapped to be a crucial player in President Trump's trade agenda, will finally get on the field. The U.S. Senate voted Monday evening to confirm the billionaire as America's next commerce secretary.
Prosecutors said they will indict Lee Jae-yong, the de facto chief of the giant South Korean conglomerate, on bribery and other charges.
Fox News last week sought the expert commentary of a Swedish defense adviser during a segment on refugees. But nobody in the Swedish government has heard of the man.
Sterling Jewelers, the company that owns Kay Jewelers and Jared the Galleria of Jewelry, has been accused of fostering a culture of sexual harassment and discrimination against its female employees.
Jimmy Kimmel opened his show Monday recapping the crazy moment that led to the Best Picture mix up at the Oscars Sunday night.
      
NY Times Business Headlines
When nearly everyone who can work has work, that’s a good thing. But when all the skilled labor is engaged, continued recovery becomes challenging.
Plaintiffs in a class action say internal documents from at least four automakers show that they continued to use the flawed airbags to save on costs.
“I’m holding the envelope and the award, and I had just given my speech, and there are people on the stage with headsets, and I thought, ‘That doesn’t seem right.’”
The stunning gaffe instantly became the central theme of the awards ceremony. And just as quickly, PwC had a major brand crisis on its hands.
Amit Singhal, the head of Uber’s engineering efforts, did not disclose the circumstances of his departure from Google last year, according to a person familiar with the matter.
      
USA Today Business Headlines
Placing online trades getting cheaper; Fidelity cuts U.S. stock trade commission to $4.95
     
 
 
When the president-elect stepped in to save 750 Carrier jobs that had been bound for Mexico, John Feltner allowed himself to hope Donald Trump might save his job, too
     
 
 
Investors will be looking for details about the president's tax and infrastructure plans.
     
 
 
The mistake threatened to undermine the auditing firm's reputation as an awards monitor.
     
 
 
"We will adjust to potential changes in tax policy or protectionist tendencies," he said.
     
 
 
      
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