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Business news from the AP


Asia stocks down
Asian stock markets were muted as talks dragged on to resolve a massive debt mess in Greece before it explodes into a wider financial crisis.
American Airlines traffic rises from a year ago
Passengers flew more miles on the airline last month than they did in January 2011 despite the company's well-publicized bankruptcy status.
McDonald's pulls ad after pit bull owner outrage
The fast-food chain has apologized and pulled an ad that came back to bite them.
Univision, Disney look at English news channel
Sources say the two companies are close to a deal to create a 24-hour news channel for Latinos in English.
Merck will file for insomnia drug approval
The drug company says it will file for U.S. marketing approval of its experimental drug Suvorexant in 2012.
JP Morgan to pay millions in settlement
JP Morgan Chase & Co. has agreed to pay $110 million to settle a class-action lawsuit claiming the bank charged excessive checking overdraft fees.
Verizon to set up streaming service with Redbox
Challenging Netflix, Verizon says it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks.
Hasbro 4Q net income dips
The toy company's fourth-quarter net income dipped one percent, pinched by softer-than-expected demand in the U.S. and Canada.
Ford asks GM to pull Super Bowl ad
The automaker is demanding its rival pull a commercial that implies the Chevrolet Silverado pickup is more dependable than the Ford F-Series.
Dealer group sees higher U.S. auto sales and prices
Car buyers will likely pay more for new and used cars this year as the economy improves.

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Kansas Today is running a Shot of the Day Contest, sponsored by FFO Home. Edi Alvarado snapped this shot of lightning early Friday morning in Derby. You can submit your entry to photos@ksn.com

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