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Nebraska budget bill wins first-round approval from senators

Wed, 26 Apr 2017 21:55:36 -0500

LINCOLN, Neb. (AP) — A new state budget bill won first-round approval from Nebraska lawmakers Wednesday despite a lingering dispute over funding for family planning services.






White House: Trump won't pull US out of NAFTA

Wed, 26 Apr 2017 21:52:00 -0500

Instead, Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau "agreed to proceed swiftly, according to their required internal procedures, to enable the renegotiation" of the trade deal to "the benefit of all three countries."


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Australia warns gas companies they risk export restrictions

Wed, 26 Apr 2017 20:43:15 -0500

CANBERRA, Australia (AP) — Australia's prime minister warned energy companies on Thursday that they would be restricted from exporting gas if Australians are not also provided with adequate supplies at internationally competitive prices.



Plan to give health care to every Californian moves forward

Wed, 26 Apr 2017 20:33:05 -0500

SACRAMENTO, Calif. (AP) — California lawmakers pushed forward Wednesday with a proposal that would substantially remake the health care system of the nation's most populous state by replacing insurance companies with government-funded health care for everyone.


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Samsung's profit at 3-year high thanks to memory chips

Wed, 26 Apr 2017 20:15:28 -0500

SEOUL, South Korea (AP) — Samsung Electronics said Thursday its first-quarter profit surged to the highest level in more than three years as its semiconductor division posted the highest income in the company's history.



Oil-gas wells shut down after Colorado home explosion

Wed, 26 Apr 2017 20:04:17 -0500

DENVER (AP) — Oil field crews are shutting down and inspecting more than 3,000 Colorado oil and gas wells as a precaution after a house explosion killed two people, but investigators haven't determined whether a well caused the blast, officials…


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Aluminum company promises to hire 550 in heart of Appalachia

Wed, 26 Apr 2017 19:43:35 -0500

WURTLAND, Ky. (AP) — An aluminum company says it will build a $1.3 billion plant in the heart of Appalachia, promising to hire 550 people and pay them nearly twice the average household income of an area devastated by the…


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Trump tax cut: Huge, vague and likely mild boost for economy

Wed, 26 Apr 2017 18:47:17 -0500

WASHINGTON (AP) — President Donald Trump's team boasted Wednesday that its tax-cut plan would lighten Americans' financial burdens, ignite economic growth and vastly simplify tax filing.


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Albuquerque school district's 'mistake' retweets attacked

Wed, 26 Apr 2017 18:30:23 -0500

ALBUQUERQUE, N.M. (AP) — Political retweets from the official Twitter account of Albuquerque Public Schools are coming under fire from the New Mexico Public Education Department.



Trump tax plan could be good news for many, bad for deficit

Wed, 26 Apr 2017 17:21:42 -0500

WASHINGTON (AP) — Dismissing concerns about ballooning federal deficits, President Donald Trump on Wednesday proposed dramatic tax cuts for U.S. businesses and individuals — outlining an overhaul his administration promises will spur economic growth and simplify America's tangle of tax…


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Business Highlights

Wed, 26 Apr 2017 17:12:14 -0500

Trump plan would cut taxes for companies — and people, too



HSN CEO to step down to take top job at Weight Watchers

Wed, 26 Apr 2017 16:51:56 -0500

NEW YORK (AP) — The CEO of a heavyweight of home shopping on TV is leaving that job to take the top spot at Weight Watchers International Inc.


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Edwards Lifesciencse and Deckers rise; US Steel plunges

Wed, 26 Apr 2017 16:27:16 -0500

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:



Governor wants to out those hired to film animal cruelty

Wed, 26 Apr 2017 15:59:35 -0500

AUGUSTA, Maine (AP) — A bill drawn up by Republican Gov. Paul LePage would make public the names of animal activists hired to film undercover footage of animal cruelty.



Stock indexes wobble as White House unveils tax plan

Wed, 26 Apr 2017 16:02:39 -0500

NEW YORK (AP) — Stock indexes wobbled between modest gains and losses Wednesday, as the White House unveiled broad outlines of its plan to slash tax rates but left many of the details to be determined.


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St. Louis' city minimum wage may rise as early as next week

Wed, 26 Apr 2017 15:53:04 -0500

ST. LOUIS (AP) — St. Louis' city minimum wage could rise to $10 an hour starting next week now that the state's highest court won't reconsider its ruling upholding it.



St. Louis' city minimum wage may rise as early as next week

Wed, 26 Apr 2017 15:53:04 -0500

ST. LOUIS (AP) — St. Louis' city minimum wage could rise to $10 an hour starting next week now that the state's highest court won't reconsider its ruling upholding it.



How major US stock market indexes fared on Wednesday

Wed, 26 Apr 2017 15:55:03 -0500

Stock indexes wobbled between modest gains and losses Wednesday, as the White House unveiled broad outlines of its plan to slash tax rates but left many of the details to be determined.



Copper mining legislation headed to Snyder's desk

Wed, 26 Apr 2017 15:49:25 -0500

LANSING, Mich. (AP) — Legislation changing the regulation of copper mines could soon become law.



Mnuchin: Trump has 'no intention' of releasing tax returns

Wed, 26 Apr 2017 15:49:00 -0500

WASHINGTON (AP) — President Donald Trump "has no intention" of releasing his tax returns to the public, Treasury Secretary Steve Mnuchin said Wednesday, asserting Americans have "plenty of information" about the president's financial matters.


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Anti-Trump bar earmarks its profits for progressive causes

Wed, 26 Apr 2017 15:47:27 -0500

NEW YORK (AP) — Liberals who feel the current Republican presidential administration is driving them to drink now have the perfect place to do it.


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AP Explains: What is net neutrality and why does it matter?

Wed, 26 Apr 2017 15:36:32 -0500

NEW YORK (AP) — "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block. The head of the Federal Communications Commission, Ajit…


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Boeing's sales fall as company delivers fewest jets since 2014

Wed, 26 Apr 2017 15:30:00 -0500

Revenue fell 7.3 percent to $21 billion in the first quarter, about $200 million less than analysts had estimated.


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Former detective sentenced for stealing cash from packages

Wed, 26 Apr 2017 15:25:45 -0500

LOUISVILLE, Ky. (AP) — A former Louisville police detective who served with a drug task force has been sentenced to five months in prison and five months' home detention for stealing cash from packages at a UPS facility in Louisville.



Amgen tops 1Q profit forecasts

Wed, 26 Apr 2017 15:24:32 -0500

THOUSAND OAKS, Calif. (AP) _ Amgen Inc. (AMGN) on Wednesday reported first-quarter earnings of $2.07 billion.



The Best U.S. Cities to Start a Business

Wed, 26 Apr 2017 15:23:00 -0500

To determine the most business-friendly small markets in the U.S., WalletHub’s analysts compared more than 1,200 small-sized cities across 16 key metrics. The data set ranges from average growth in number of small businesses to investor access to labor costs.



Southern Cross to carry Texas wind power through Mississippi

Wed, 26 Apr 2017 15:27:36 -0500

JACKSON, Miss. (AP) — A San Francisco-based renewable energy company wants Mississippi regulators to approve a $1.4 billion power transmission line that would carry electricity from wind generated in Texas to the Southeast.



BC-Cash Prices, 1st Ld-Writethru,0342

Wed, 26 Apr 2017 15:19:36 -0500

NEW YORK (AP) — Wholesale cash prices Wednesday



BC-Cash Prices, 1st Ld-Writethru,0342

Wed, 26 Apr 2017 15:19:35 -0500

NEW YORK (AP) — Wholesale cash prices Wednesday



Grain mostly lower, livestock mixed

Wed, 26 Apr 2017 15:15:49 -0500

CHICAGO (AP) — Grain futures were lower Wednesday on the Chicago Board of Trade.



Fox anchor says network does little about racial diversity

Wed, 26 Apr 2017 15:13:39 -0500

NEW YORK (AP) — A Fox News Channel anchor who is black has joined a racial discrimination lawsuit against his company, saying Wednesday that the network marginalized him and has little interest in promoting diversity.


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Anglo-French soccer fraud probe sees raids on teams, arrests

Wed, 26 Apr 2017 15:09:45 -0500

LONDON (AP) — Tax evasion and money laundering is suspected in the transfer of soccer players between England and France, authorities in both countries said Wednesday after a wave of arrests and raids on clubs.


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FCC chief lays out attack on 'net neutrality' rules

Wed, 26 Apr 2017 14:11:19 -0500

NEW YORK (AP) — Internet companies are readying for a showdown with a Republican-controlled government over a policy near and dear to their hearts: net neutrality.


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FirstEnergy pushes for rate hike to help Ohio nuclear plants

Wed, 26 Apr 2017 13:58:00 -0500

TOLEDO, Ohio (AP) — A proposed electricity rate increase for FirstEnergy Corp. customers in Ohio to keep alive two nuclear plants along Lake Erie shouldn't be considered a bailout, the utility's president told state lawmakers.


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Justices hear dispute over lower-cost biotech drugs sales

Wed, 26 Apr 2017 13:52:59 -0500

WASHINGTON (AP) — The Supreme Court on Wednesday considered a drug company's fight to keep a generic version of its biotech drug off the market for an additional six months that would mean billions more in sales and higher costs…



P&G shares slip as its quarterly revenue falls short

Wed, 26 Apr 2017 13:42:23 -0500

CINCINNATI (AP) — Shares in Procter & Gamble Co. slipped Wednesday after the company reported revenue for the first three months of the year that fell short of Wall Street forecasts, although its profit was better than expected.



Manufacturer says it's removing relabeled Ivanka Trump items

Wed, 26 Apr 2017 13:33:10 -0500

NEW YORK (AP) — An apparel company says it accepts responsibility for Ivanka Trump clothing that was relabeled as a different designer.















FCC chief lays out attack on 'net neutrality' rules

Wed, 26 Apr 2017 13:08:00 -0500

Ajit Pai also wants to eliminate the FCC's broad powers to monitor Verizon, AT&T and Comcast for bad behavior.


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Fiat Chrysler profit up more than a third as Europe improves

Wed, 26 Apr 2017 13:03:06 -0500

MILAN (AP) — Carmaker Fiat Chrysler Automobiles reported Wednesday that its first-quarter earnings rose by more than a third, with all regions contributing except Latin America, which posted losses.


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Insurer Anthem hands feds deadline on crucial ACA subsidies

Wed, 26 Apr 2017 12:58:57 -0500

Health insurers are pressing President Donald Trump and Congress to guarantee a crucial customer subsidy for the Affordable Care Act's shaky insurance exchanges, and one of the biggest carriers has thrown in its participation as bargaining chip.


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Insurer Anthem hands feds deadline on crucial ACA subsidies

Wed, 26 Apr 2017 12:58:57 -0500

Health insurers are pressing President Donald Trump and Congress to guarantee a crucial customer subsidy for the Affordable Care Act's shaky insurance exchanges, and one of the biggest carriers has thrown in its participation as bargaining chip.


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Death of giant British rabbit adds to United Airlines' woes

Wed, 26 Apr 2017 12:56:58 -0500

LONDON (AP) — United Airlines is reviewing its handling of a giant showcase rabbit that died after being shipped across the Atlantic from Britain on one of its flights, the latest in a growing list of customer complaints.



Lawmakers: Congress close to deal on coal miners' benefits

Wed, 26 Apr 2017 12:51:55 -0500

WASHINGTON (AP) — Congress is close to a deal to extend health benefits for more than 22,000 retired miners and widows whose medical coverage is set to expire Sunday, coal-state lawmakers said Wednesday.


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Trump tax plan cuts top income tax rate from 39.6 to 35 percent, doubles amount taxpayers can deduct

Wed, 26 Apr 2017 12:38:03 -0500

WASHINGTON (AP) — Trump tax plan cuts top income tax rate from 39.6 to 35 percent, doubles amount taxpayers can deduct.



Small businesses can feel bigger effects from a PR disaster

Wed, 26 Apr 2017 12:26:58 -0500

NEW YORK (AP) — Halfway through Valentine's Day, florist Ajay Kori realized he was in the midst of a disaster.


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NY lawmakers: Compel Trump to release state tax returns

Wed, 26 Apr 2017 12:15:29 -0500

ALBANY, N.Y. (AP) — New York would release the state tax returns for Donald Trump and other New Yorkers holding high office under state legislation crafted by Democratic lawmakers.















Court hears arguments for releasing 38 Studios records

Wed, 26 Apr 2017 11:33:35 -0500

PROVIDENCE, R.I. (AP) — The fight over whether to release secret grand jury records in the criminal investigation into Rhode Island's $75 million deal with a video game company started by former Red Sox pitcher Curt Schilling landed in a…



Bad beasts, good treats: Feral hog slaughterhouse takes off

Wed, 26 Apr 2017 11:17:55 -0500

NEW ORLEANS (AP) — In a region that takes food seriously, feral hogs are despised as destructive, but their rich, dark meat is winning fans among Louisiana chefs.


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'Plastic bag' womb could help keep premature babies alive

Wed, 26 Apr 2017 11:06:51 -0500

An artificial womb resembling a plastic bag has been used to keep premature lambs alive for four weeks outside of their own mother's womb and could one day be applied to premature babies.



Alaska Air beats 1Q profit forecasts

Wed, 26 Apr 2017 10:59:57 -0500

SEATTLE (AP) — SEATTLE (AP) — Alaska Air Group Inc. (ALK) on Wednesday reported first-quarter profit of $99 million.



Norfolk Southern delivers 12 percent jump in 1Q profit

Wed, 26 Apr 2017 10:57:23 -0500

OMAHA, Neb. (AP) — Norfolk Southern delivered a 12 percent increase in first-quarter profit as the railroad hauled 5 percent more coal, shipping containers of goods and other freight.


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Israel says it repelled a wide-ranging cyberattack

Wed, 26 Apr 2017 10:51:47 -0500

JERUSALEM (AP) — Israel says it has repelled a large cyberattack on government offices and private citizens.






Boeing beats 1Q profit forecasts but revenue falls

Wed, 26 Apr 2017 10:16:44 -0500

CHICAGO (AP) — Boeing topped expectations for first-quarter profit, but the aerospace giant's sales fell short of forecasts, and the shares fell in Wednesday-morning trading.


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Boeing beats 1Q profit forecasts but revenue falls

Wed, 26 Apr 2017 10:16:44 -0500

CHICAGO (AP) — Boeing topped expectations for first-quarter profit, but the aerospace giant's sales fell short of forecasts, and the shares fell in Wednesday-morning trading.


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Grain mostly higher, livestock higher

Wed, 26 Apr 2017 09:52:05 -0500

CHICAGO (AP) — Grain futures were mostly higher Wednesday in early trading on the Chicago Board of Trade.



New York firm again downgrades Interstate 69 bond ratings

Wed, 26 Apr 2017 09:52:43 -0500

BLOOMINGTON, Ind. (AP) — Financial concerns about a private company building the Interstate 69 segment from Bloomington to Martinsville have prompted a credit ratings agency to once again downgrade bonds issued for the project.



Grain mostly higher, livestock higher

Wed, 26 Apr 2017 09:52:05 -0500

CHICAGO (AP) — Grain futures were mostly higher Wednesday in early trading on the Chicago Board of Trade.



Pittsburgh's Downtown for sale, but no retailers are buying

Wed, 26 Apr 2017 09:41:10 -0500

PITTSBURGH (AP) — After 21 years in Downtown, Denim Xpress on Wood Street recently closed for good, done in partly by online shopping and a lack of foot traffic.



Parents recreate closed Blockbuster store for autistic son

Wed, 26 Apr 2017 09:40:52 -0500

SHARYLAND, Texas (AP) — When an autistic Texas man's favorite video store closed, his parents surprised him by bringing part of it home.


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Utah restaurants, bars must hang sign affirming intentions

Wed, 26 Apr 2017 09:34:13 -0500

SALT LAKE CITY (AP) — A new law requires bar and restaurant owners in Utah to hang a sign by their door disclosing the business' serving intentions.









Coke offers its namesake drink with fiber in Japan

Wed, 26 Apr 2017 08:53:10 -0500

NEW YORK (AP) — Coke's flagship cola is being sold as a health drink of sorts in Japan, with a version that promises to deliver fiber.



Hershey tops 1Q profit forecasts, but revenue falls short

Wed, 26 Apr 2017 08:33:54 -0500

HERSHEY, Pa. (AP) — Hershey Co. on Wednesday reported a steep slide in first-quarter profit on a hefty charge, but the results still topped Wall Street expectations.


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Higher prices help sales as PepsiCo works to adapt brands

Wed, 26 Apr 2017 08:11:42 -0500

PURCHASE, N.Y. (AP) — Higher prices helped lift PepsiCo's sales in the first quarter, as the maker of Doritos, Gatorade and Quaker worked on transforming its lineup of products to keep up with changing tastes.


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Convergys opening Pennsylvania tech center with 250 jobs

Wed, 26 Apr 2017 07:58:08 -0500

JOHNSTOWN, Pa. (AP) — Convergys Corp. is opening a technical center for mobile phone services that will employ 250 people in western Pennsylvania.



Romania: hundreds of taxis, buses protest against Uber

Wed, 26 Apr 2017 07:51:42 -0500

BUCHAREST, Romania (AP) — Hundreds of taxi and bus drivers protested outside Romania's government offices on Wednesday to demand that Uber and other online ride service be outlawed.


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United Technologies 1Q profit jumps on sales, tops forecasts

Wed, 26 Apr 2017 07:50:29 -0500

NEW YORK (AP) — United Technologies Corp. on Wednesday reported a jump in first-quarter profit on a boost in sales of jet engines and elevators.









Treasury Secretary Mnuchin says Trump to propose 'biggest tax cut' and 'largest tax reform in US history'

Wed, 26 Apr 2017 07:39:05 -0500

WASHINGTON (AP) — Treasury Secretary Mnuchin says Trump to propose 'biggest tax cut' and 'largest tax reform in US history'



GSK warns of impact from generic drugs after solid Q1

Wed, 26 Apr 2017 07:31:22 -0500

LONDON (AP) — GlaxoSmithKline says new products helped first-quarter sales rise 17 percent from the year before but warned that competition from generic drugs may weigh on earnings later this year.



Cleveland OKs last chunk of financing to upgrade Cavs' arena

Wed, 26 Apr 2017 07:25:08 -0500

CLEVELAND (AP) — Cleveland officials have committed the final chunk of financing for $140 million in upgrades planned at the Cavaliers' home arena.



Airport hopes to expand in time for Amazon holiday rush

Wed, 26 Apr 2017 06:38:36 -0500

ALLENTOWN, Pa. (AP) — A Pennsylvania airport that is part of Amazon's effort to build its own air cargo system is racing to build more space for the online retailer before the holiday shopping crunch.



Italy prepares bridge loan to keep Alitalia flying

Wed, 26 Apr 2017 06:29:40 -0500

MILAN (AP) — Italy's economic development minister says that failing airline Alitalia will receive a government bridge loan to keep it operational while a new owner is sought.


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Twitter reports 1Q loss

Wed, 26 Apr 2017 06:31:34 -0500

SAN FRANCISCO (AP) — Twitter Inc. is reporting a loss of $61.6 million in its first quarter.


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Enrollment gains help Anthem trump 1Q Street forecasts

Wed, 26 Apr 2017 06:27:43 -0500

INDIANAPOLIS (AP) — Anthem's first-quarter earnings soared past Wall Street forecasts, and the health insurer raised its 2017 forecast after jumping deeper into government-funded business and cutting costs.