Jim Zarroli

Other countries have elected wealthy businessmen for the same reason Donald Trump won: People think they're so rich, they must be incorruptible. But in many cases, corruption and cronyism followed.

President-elect Trump tweeted Wednesday morning that he is drafting "legal documents...[to] take me completely out of business operations." He said he will hold a press conference in two weeks with his children to explain it. Many ethics experts say he would need to liquidate all of his holdings and sell them to non-family members to avoid conflicts. At this point, his plans are unclear.

Wilbur Ross Jr. is a donor and longtime associate of Trump's. Ross has grown rich by buying troubled companies and restructuring them with layoffs and budget cuts.

The foundation has been accused of "self-dealing" by using its funds to pay off debts that Donald Trump incurred in his business dealings.

A report from one of the country's best-known journalists says President-elect Donald Trump asked President Mauricio Macri for help with permits at a construction project in Buenos Aires.

President-elect Donald Trump apparently plans to preside over an administration where there will be few, if any, barriers between him and his considerable business interests.

Donald Trump settled a class-action suit last week by Trump University customers, but several other pending cases could distract him after he takes office, analysts say.

JPMorgan Chase and its Hong Kong affiliate have agreed to pay fines totaling $264 million for their role in a scheme to win lucrative contracts in China. The bank acknowledged running a program in which it hired relatives of influential Chinese officials in exchange for certain business contracts. A Justice Department official said the scheme amounted to bribery.

U.S. officials say the bank had a program to hire the friends and relatives of Chinese government officials who could send business its way.

About 600 people signed an online petition saying the values Trump expressed during the campaign don't represent them.

A political moderate, Mary Jo White oversaw the implementation of the landmark Dodd-Frank law, but was also criticized for not being aggressive enough against Wall Street.

Donald Trump has said he will turn management of his business interests over to family members. An adviser says the president-elect should consider removing himself completely from running his firms.

Residents of rural Pennsylvania turned to Donald Trump after feeling a growing level of economic anxiety. But they're going to be watching to see if he follows through on his promises in Washington.

One issue is what to do with all the businesses he owns. Other newly elected presidents have placed investments in a blind trust, but Trump's business empire is on a completely different scale.

For decades, global trade has been transforming the world's economy. But the days of explosive trade growth may be at an end. Analysts say fewer new trade agreements may be a factor in the slowdown.

With the long campaign almost at an end, the two candidates and their families head to their respective New York polling places.

Wall Street doesn't exactly love Hillary Clinton, but it knows what to expect from her. That's not true of Trump. This election will be "a very big deal economically," Dartmouth's Eric Zitzewitz says.

A letter from 370 economists, including eight Nobel Prize winners, says the Republican presidential candidate has misled the country about trade, jobs and growth.

Just a year and a half after closing a deal to acquire DirectTV, Randall Stephenson is at it again. Stephenson, the CEO of AT&T, is attempting a takeover of Time Warner.

The AT&T-Time Warner merger proposal is reminiscent of the massive joining of Comcast and NBC Universal five years ago. Analysts say the Comcast deal remains controversial.