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SE Asia creates Economic Community, but challenges remain

Thirteen years after the idea was mooted, Southeast Asian leaders on Sunday formally created a unified economic community in a region more populous and diverse than the European Union or North America, and with hopes of competing with China and India.

Bankers predict weak economy in rural parts of 10 states

Bankers continue to predict the economy will slow in the months ahead in rural parts of 10 Western and Plains states.

UAW leaders make push for Ford contract

The United Auto Workers union is making a last-ditch push for the union's proposed contract with Ford, which is heading for defeat in votes at Ford's plants.

Deal news and bank gains send stock market solidly higher

U.S. stocks notched their best day in nearly four weeks on Wednesday as investors welcomed new hints pointing to a Federal Reserve interest rate hike in coming weeks. Traders were also encouraged by more corporate deal news.

US regulators: Still heavy risk in big bank loans

Federal regulators say they’re still seeing a heavy dose of risk in large loans made by banks and other financial institutions, despite the recovering U.S. economy.

Wal-Mart expects profit to fall amid transformation push

Wal-Mart expects its profit to take a hit as the world’s biggest retailer works to fend off intensifying competition by perking up customer service and adapting to changing shopping habits.

Fed says consumer spending, auto sales boost US growth

The Federal Reserve says steady consumer spending and an improving housing market spurred modest U.S. economic growth in the late summer, though factory output was sluggish in part because of the strong dollar.

US stocks end little changed before monthly jobs report

A late turn gave the stock market a meager gain to start the month Thursday, a day after it finished its worst quarter in four years.

US auto sales jump last month

Just about everything broke right for the U.S. auto industry in September, as strong consumer demand, easy credit and generous incentives combined for double-digit sales gains at most major automakers.

Big gain for stocks as turbulent quarter ends

U.S. stocks rose across the board Wednesday following big gains in Asia and Europe, a buoyant end to the worst quarter for the market in four years.

VW: ‘Nothing has changed’ at Tennessee plant despite scandal

Inside Volkswagen’s only U.S. assembly plant there’s little hint of the diesel emissions cheating scandal embroiling the German automaker around the world.

Amtrak to introduce bag fees for passengers exceeding limits

Amtrak is boarding a baggage fee bandwagon that has generated billions in revenue for the airline industry.

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Shell move dims oil prospects, delights environmentalists

Royal Dutch Shell has abandoned its long quest to become the first company to produce oil in Alaska’s Arctic waters, darkening the nation’s long-term oil prospects and delighting environmental groups that tried to block the project.

China inks deal to buy 300 Boeing jets

Chinese companies have agreed with Boeing to buy 300 jets and build an aircraft assembly plant in China in deals signed during President Xi Jinping’s visit to the United States, the official Xinhua news agency said Wednesday.

Materials, energy stocks slide on China growth worries

Another slide in raw-material producers and oil companies tugged the stock market to a slight loss on Wednesday, amid heightened concerns about global economic growth. Dow Chemical and Chevron each lost 2 percent.