NEW YORK (AP) -- One Wall Street analyst says investors' focus has "moved from the dysfunction of Washington to the reality of the global economy, and it looks pretty good." Strong earnings from big U.S. companies are helping push the S&P 500 further into record territory. It was up about 10 points in afternoon trading. The Nasdaq was nearly 45 points higher, while the Dow was up less than 20.
CHICAGO (AP) -- Boeing is reducing production of its 747 jumbo jet even more than planned because of weak demand. Boeing says it will now build 18 of the jets per year, but it expects long-term growth for cargo planes to resume next year.
BRUSSELS (AP) -- Canada and the European Union have struck a tentative free trade agreement. The agreement would make it easier for Canadian companies to invest in and sell to the 28-member EU and its 500 million consumers, and vice versa. The deal will lower tariffs, streamline regulation and cut red tape. The deal requires approval by Canada's 10 provinces and EU member states. EU trade negotiations with the U.S. suffered a setback last week when the U.S. had to cancel a long-planned negotiation round because of the government shutdown
CHICAGO (AP) -- A small team of social media experts is working to help consumers navigate Get Covered Illinois, the state's health insurance marketplace. The FleishmanHillard team is monitoring online chatter about the health care law in an effort to educate consumers and tend to their frustrations about glitches on the federal website behind the marketplace. A FleishmanHillard executive says more than 120,000 people have gone through the screening tool on the Illinois website to see whether they qualify for Medicaid or tax credits on the marketplace.
NEW YORK (AP) -- Retailers say repeated budget deadlocks in Washington have made shoppers reluctant. Jos. A. Bank Clothiers and furniture chain Ethan Allen say customers cut back purchases in recent weeks, while auto sales also trailed off. The deal that ended the government shutdown and raised the nation's debt limit only extends into the early next year, and retailers are expressing concern that will slow holiday shopping too.
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