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Feds: 5 arrested, accused of scam posing as IRS agents

Alan Fram, Associated Press  |  Posted  May 24th - 4:20pm

The Treasury Department has arrested five people in Miami accused of posing as IRS agents in telephone calls and demanding immediate payment of overdue taxes, a scheme that netted them an estimated $2 million, a top official said Tuesday.

Washington, California sue over pelvic mesh implants

Gene Johnson, Associated Press  |  Posted  May 24th - 4:12pm

Washington state and California sued Johnson & Johnson on Tuesday, saying that for years the company misrepresented the risks of vaginal mesh implants it sold to repair pelvic collapse.

Monsanto rejects $62B Bayer bid, but still open to talks

The Associated Press  |  Posted  May 24th - 4:11pm

Monsanto rejected Bayer's $62 billion takeover bid, calling it "incomplete and financially inadequate."

Rooftop solar company Sunrun drops suit against Sandoval

The Associated Press  |  Posted  May 24th - 4:11pm

A rooftop solar company that accused Gov. Brian Sandoval of political cronyism has dropped a lawsuit seeking to force the release of his text messages.

Republican leaders, governor reach $6.8B budget deal

Sean Murphy, Associated Press  |  Posted  May 24th - 4:01pm

Gov. Mary Fallin and Republican legislative leaders announced a nearly $6.8 billion budget agreement Tuesday that would include no further funding cuts for public K-12 schools and prevent deep cuts to Medicaid provider rates but impose deep funding cuts on public colleges and universities.

HP Enterprise selling tech services business to rival

Brandon Bailey, Associated Press  |  Posted  May 24th - 4:01pm

Hewlett Packard Enterprise is slimming down its business further by selling off its technology-services division to competitor Computer Sciences Corp.

Suspect arrested in death of ex-coal chief executive

John Raby, Associated Press  |  Posted  May 24th - 4:00pm

An Ohio man fatally shot a former coal company executive at a cemetery where the businessman's wife is buried and has been arrested on a first-degree murder warrant, a sheriff said Tuesday.

Feds say ex-policeman ran $2,000-an-hour prostitution ring

The Associated Press  |  Posted  May 24th - 3:42pm

A former police officer who retired on a disability pension ran a prostitution ring that charged customers as much as $2,000 an hour, federal prosecutors said Tuesday.

Toyota to invest in ride-hailing app Uber

The Associated Press  |  Posted  May 24th - 3:32pm

Toyota said Tuesday it is investing in Uber, making it the latest car company to put money in a ride-hailing app.

Republicans block stricter rules on retirement savings

Andrew Taylor, Associated Press  |  Posted  May 24th - 3:22pm

Republicans controlling the Senate have passed legislation to block new Obama administration rules that require financial professionals to put their client's best interest first when giving advice on retirement investments like individual retirement accounts.

The Latest: Suspect in coal exec slaying waives extradition

The Associated Press  |  Posted  May 24th - 3:20pm

The Latest on the fatal shooting of ex-coal chief executive Bennett Hatfield in southern West Virginia (all times local):

Teresa Heinz Kerry to step down as chair of Heinz Endowments

The Associated Press  |  Posted  May 24th - 3:10pm

Teresa Heinz Kerry says she'll step down as chairwoman of the Heinz Endowments and her three sons will fill the position in a series of four-year rotations starting this fall.

Best Buy offers weak profit view, says CFO stepping down

Anne D'Innocenzio and Michelle Chapman, Associated Press  |  Posted  May 24th - 3:10pm

Best Buy Co. on Tuesday offered a disappointing profit outlook for the current quarter, weighed in part by a recent earthquake in Japan that hurt the availability of some highly profitable products.

Bill could put a range of chemicals under federal scrutiny

Associated Press  |  Posted  May 24th - 3:10pm

Toxic chemicals used in everyday products such as household cleaners, clothing and furniture have been linked to serious illnesses, including cancer, infertility, diabetes and Parkinson's disease. Under current law, only a small fraction of chemicals used in these products have been reviewed for safety.

GOP officials reject Democratic lawmaker's White House trip

Erik Schelzig, Associated Press  |  Posted  May 24th - 3:01pm

Tennessee state senators have been reimbursed for out-of-state travel for meetings from Florida to Alaska, and on topics ranging from school vouchers to the dangers of radical Islam. But GOP leaders say a Democrat's trip to the White House doesn't qualify.

NY bill would broaden contraception insurance coverage

The Associated Press  |  Posted  May 24th - 3:01pm

Advocates, lawmakers, and physicians are calling for the passage of a bill that would provide insurance coverage for all FDA approved contraceptive drugs and products in New York.

Snyder: State budget, Detroit schools deals not linked

David Eggert, Associated Press  |  Posted  May 24th - 2:50pm

Gov. Rick Snyder and Republican legislative leaders are negotiating the state budget and a financial rescue of Detroit's ailing school district at the same time but said Tuesday they see no need to directly tie the bills together.

Greece hopes to get new loans approved by eurozone creditors

Lorne Cook and Raf Casert, Associated Press  |  Posted  May 24th - 2:50pm

Talks between Eurozone finance ministers and the International Monetary Fund headed into the night Tuesday, as an expected deal to approve the payout of a new batch of rescue loans to Greece remained elusive.

Goodbye, empty nest: Millennials staying longer with parents

Christopher S. Rugaber, Associated Press  |  Posted  May 24th - 2:50pm

Many of America's young adults appear to be in no hurry to move out of their old bedrooms.

Kicking the habit: Adult smoking rate in US is falling fast

Mike Stobbe, Associated Press  |  Posted  May 24th - 2:31pm

The nation seems to be kicking its smoking habit faster than ever before.