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Market Update  

- By Alessandra Malito, MarketWatch Florida tops the charts, but the rest of the best may surprise you. Florida is ranked the best state to retire, unsurprisingly, but Colorado is second, a...
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Business News  

Trump to face mixed welcome at elite Davos gathering
(AP Photo - Markus Schreiber)
By JAMEY KEATEN
From Associated Press
January 22, 2018 11:12 AM EST

DAVOS, Switzerland (AP) — In Davos this week, participants can experience "a day in the life of a refugee." Or hear about ways to uphold the Paris climate accord and promote free trade. Or rub elbows with any number of leaders of African countries.

NEW YORK (AP) — U.S. stock indexes are edging higher Monday, led by energy companies. High-dividend stocks are also higher as bond yields decline, but industrial companies are falling.

NEW YORK (AP) — Billionaire investor Carl Icahn is calling for the removal of Xerox CEO Jeffrey Jacobson as the copier company reportedly seeks a deal with camera company Fujifilm.

DALLAS (AP) — Some in the U.S. solar-power industry are hoping a decision this week by President Donald Trump doesn't bring on an eclipse.

HANOI, Vietnam (AP) — A former oil executive was sentenced to life in prison and a former high-ranking Vietnamese government official received a lengthy prison term Monday at the end of a major corruption trial.

WASHINGTON (AP) — The government shutdown is set to sow more disruption and political peril Monday after the Senate inched closer but ultimately fell short of an agreement that would have reopened federal agencies before the beginning of the workweek.

WASHINGTON (AP) — The International Monetary Fund upgrading its outlook for the world economy, noting surprisingly strong growth in Europe and Asia and predicting that U.S.

BAGHDAD (AP) — Iraq has signed a deal with a U.S. company to tap natural gas in one of its southern oil fields, a step toward exploiting a natural resource that has been neglected for decades.

BEIJING (AP) — Global stocks were mixed on Monday as global investors mostly shrugged off the latest U.S. government shutdown. KEEPING SCORE: German's DAX was roughly flat at 13,436 and France's CAC 40 rose 0.1 percent to 5,532.

BEIJING (AP) — China defended its role in global trade Monday and accused Washington of being disruptive after the U.S. government said it was a mistake to support Beijing's World Trade Organization membership on terms that failed to open its economy.

DAVOS, Switzerland (AP) — A CEO from one of the world's top five global fashion brands has to work for just four days to earn what a garment worker in Bangladesh will earn in an entire lifetime, campaigning group Oxfam International said Monday.

PARIS (AP) — France-based drugmaker Sanofi is buying U.S. hemophilia specialist Bioverativ for $11.6 billion in a deal that Sanofi says will boost its profile for fighting rare diseases.

BERLIN (AP) — Swiss bank UBS has reported a 2.22 billion-franc ($2.3 billion) loss for the fourth quarter as a result of a large writedown caused by the newly enacted U.S.

NEW YORK (AP) — Among the many promises Donald Trump made a year ago to assure people he wouldn't profit off his presidency, one stood out for its boldness: a pledge to donate the profits from any foreign governments staying in his namesake hotels to the U.S.

WASHINGTON (AP) — Donald Trump, the presidential candidate, would not like the way Trump, the president, is crowing about today's unemployment rate.

TORONTO (AP) — There were no signs of forced entry on the cold December morning when a Canadian billionaire businessman and his wife were found dead inside their mansion, reportedly hanging from a railing at the edge of their indoor pool.

BEIJING (AP) — Asian stock markets were mixed Monday after global investors shrugged off the latest U.S. government shutdown. KEEPING SCORE: The Shanghai Composite Index rose 0.2 percent to 3,495.40 while Tokyo's Nikkei 225 lost 0.2 percent to 23,764.96.

SEATTLE (AP) — Amazon employees have been testing it, but is the public ready for a cashier-less store? More than a year after it introduced the concept, Amazon is opening its artificial intelligence-powered Amazon Go store in downtown Seattle on Monday.

NEW YORK (AP) — "Jumanji: Welcome to the Jungle" outdid another weekend's worth of newcomers to top the North American box office for the third straight weekend, making the surprise hit the fifth-highest grossing film of all time for Sony Pictures.

NEW YORK (AP) — Many everyday appliances are connecting to the internet these days, allowing people to control them with apps and voice commands.

DUBAI, United Arab Emirates (AP) — Iran's supreme leader has ordered the Revolutionary Guard to loosen its hold on the economy, the country's defense minister says, raising the possibility that the paramilitary organization might privatize some of its vast holdings.

Oprah Winfrey and Rob Lowe give Montecito its star power, but it's people like Antonio and Victor Benitez who keep the wealthy Southern California community running.

WASHINGTON (AP) — Thousands of federal employees began their weekends gripped with doubt, uncertain of when they'll be able to return to work and how long they'll have to go without being paid after a bitter political dispute in Washington triggered a government shutdown.

YELLOWSTONE NATIONAL PARK, Wyo. (AP) — Visitors could still ride snowmobiles and ski into Yellowstone National Park Saturday to marvel at the geysers and buffalo herds, despite the federal government shutdown.