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Winners and losers in the markets after British ‘leave’ vote

June 25, 2016 NEW YORK — Britain’s decision to leave the European Union is having a huge effect on financial markets Friday, sending many assets plunging and a few soaring as traders try to gauge the fallout for... more »»

House Speaker Ryan proposes simpler tax code

June 25, 2016 WASHINGTON — House Republicans led by Speaker Paul Ryan unveiled a plan for a simpler tax code, the sixth and last installment of a GOP agenda designed to be a policy counterpoint to the... more »»

No TSA PreCheck? This might be why

June 25, 2016 NEW YORK — Thousands of fliers enrolled in trusted traveler programs such as PreCheck aren’t getting the expedited screening they paid for because of clerical errors with their reservation. more »»

SEC: CEO used funds on strip clubs, private jets

June 25, 2016 HOUSTON — A Texas energy company CEO dubbed the "frack master" is charged with defrauding investors of about $80 million, including misappropriating at least $30 million for personal expenses,... more »»

Senators reach deal on GMO labeling

June 24, 2016 WASHINGTON — Senators have a bipartisan deal to require labeling of genetically modified ingredients nationally, a week before a labeling law in Vermont goes into effect. more »»

VW to pay $10.2B to settle emissions claims

June 24, 2016 DETROIT — Volkswagen will spend about $10.2 billion to settle an emissions cheating scandal in the U.S. that has turned into one of the largest cases of corporate deception in the nation's history. more »»

Nation's largest banks all pass Fed's 'stress tests'

June 24, 2016 NEW YORK — The largest U.S. financial institutions have enough armor to withstand the turmoil of a major and prolonged national and global recession, the Federal Reserve said Thursday. more »»

Car quality improves even as new technology is introduced

June 23, 2016 DETROIT — Despite adding sophisticated electronic safety features and touch screens that once were prone to glitches, most automakers improved their reliability scores this year in an annual survey... more »»

Trustees: Tiny rise in Social Security benefits next year

June 23, 2016 WASHINGTON — Millions of Social Security beneficiaries would get a tiny increase in monthly payments next year — less than $2.50, about enough to buy a gallon of gas. more »»

Uber, Lyft battle governments over driver fingerprint checks

June 23, 2016 DETROIT — Hailing a ride with a smartphone app in many U.S. cities is coming down to a fight over fingerprint. more »»

Panama Canal to open amid shipping downturn

June 23, 2016 PANAMA CITY — The $5.25 billion expansion of the Panama canal is set to open Sunday at a difficult moment for the international commercial shipping market. more »»

Lots of unknowns keeping the Fed cautious

June 22, 2016 WASHINGTON — Federal Reserve Chair Janet Yellen said Tuesday that the U.S. more »»

White House clears small, commercial drone use

June 22, 2016 WASHINGTON — Routine use of small drones by real estate agents, farmers, filmmakers and countless other commercial operators was cleared for takeoff by the Obama administration Tuesday, after years... more »»

Boeing says it signs historic deal with Iran Air

June 22, 2016 DUBAI, United Arab Emirates — Boeing Co. more »»

FedEx posts $70M loss

June 22, 2016 DALLAS — FedEx Corp. lost $70 million in the latest quarter because of large pension and acquisition items, and the delivery giant gave a cautious outlook for the next 12 month. more »»

Newest stock exchange looks to slow down high-frequency traders

June 20, 2016 NEW YORK — Slow down markets, you move too fast. The nation’s newest stock exchange has arrived, one that is looking to slow down high-frequency traders by putting speed bumps in their way. more »»

Prosecutors drop drug trafficking case against FedEx

June 18, 2016 SAN FRANCISCO — A criminal trial alleging FedEx knowingly delivered illegal prescription drugs to dealers and addicts ended suddenly on Friday when prosecutors moved to dismiss all charges against... more »»

Orlando tourism: No mass cancellations, future unsure

June 18, 2016 Experts say it’s too soon to gauge whether a week of horrific news out of Orlando will hurt tourism there. more »»

Prosecutor: PG&E ignored regulations to cut costs

June 18, 2016 SAN FRANCISCO — Pacific Gas & Electric Co. more »»

US home construction down slightly in May

June 18, 2016 WASHINGTON — Construction of new homes nudged down slightly in May, with builders pulling back in the Northeast and Midwest. Housing starts ticked down 0. more »»

 
 
 

 

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