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Bankers: Weak farm prices biggest threat to rural economy

The Associated Press  |  Posted  Jan 19th - 1:21pm

Bankers across Middle America say depressed farm commodity prices are the biggest threat to the economy this year in rural parts of 10 Plains and Western states.

The Latest: Treasury pick: tax overhaul won't add to deficit

The Associated Press  |  Posted  Jan 19th - 1:11pm

The Latest on Congress (all times EST):

Energy pick vows to boost agency he had pledged to eliminate

Matthew Daly, Associated Press  |  Posted  Jan 19th - 1:10pm

Former Texas Gov. Rick Perry, tapped by President-elect Donald Trump to head the Energy Department, vowed to be an advocate for an agency he once pledged to eliminate and promised to rely on federal scientists, including those who work on climate change.

US ends probe of Tesla fatal crash without seeking recall

Tom Krisher, Joan Lowy and Dee-Ann Durbin, Associated Press  |  Posted  Jan 19th - 1:00pm

Tesla Motors Inc. won't face a recall or fine as a result of a fatal crash involving its Autopilot system, but U.S. safety regulators are warning auto manufacturers and drivers not to treat semiautonomous cars as if they were fully self-driving.

Appeals court affirms conviction of coal CEO in deadly blast

Michael Virtanen, Associated Press  |  Posted  Jan 19th - 12:54pm

A federal appeals court affirmed the criminal conviction of former Massey Energy CEO Don Blankenship on Thursday in connection with the deadliest U.S. mine disaster in four decades.

French company Lafarge probed over alleged Syrian activity

The Associated Press  |  Posted  Jan 19th - 12:51pm

French authorities say they have launched an investigation into French cement company Lafarge, which is suspected of illegal activities in Syria after the European Union imposed sanctions against the country in 2012.

Pipeline ruptures lead to settlement with Oklahoma company

The Associated Press  |  Posted  Jan 19th - 12:41pm

A subsidiary of Magellan Midstream Partners will complete $16 million in upgrades to pipelines and pay a $2 million fine as part of a federal settlement following pipeline ruptures in three states.

Dow erases gain for 2017 as stocks fall, bond yields climb

Stan Choe, Associated Press  |  Posted  Jan 19th - 12:34pm

The Dow Jones industrial average erased its gain for the year on Thursday, part of a pullback for stock indexes as Treasury yields continued their upward march.

Capitol renovation lawsuit thrown out by Cheyenne judge

Bob Moen, Associated Press  |  Posted  Jan 19th - 12:31pm

A state judge has dismissed a lawsuit contesting how a $300 million project to renovate the Wyoming Capitol is being managed, but one of the people who sued said the decision will be appealed.

Democrats want GOP committee head to open up ethics meeting

Mary Clare Jalonick, Associated Press  |  Posted  Jan 19th - 12:31pm

Democrats want all members of the House Oversight and Government Reform Committee to participate in a private meeting with the director of the Office of Government Ethics, and are frustrated that the Republican chairman has targeted the official for raising questions about President-elect Donald Trump's possible conflicts of interest.

Treasury pick defends foreclosure actions, asset disclosure

Martin Crutsinger, Associated Press  |  Posted  Jan 19th - 12:23pm

Steven Mnuchin, President-elect Donald Trump's pick as Treasury secretary, clashed with Democrats during a lengthy confirmation hearing Thursday over his handling of thousands of mortgage foreclosures and his failure to initially disclose to the committee $100 million in assets and interests in a Cayman Islands corporation.

Costco agrees to pay $12M over lax pharmacy practices

The Associated Press  |  Posted  Jan 19th - 12:11pm

Costco Wholesale Corp. has agreed to pay nearly $12 million to settle Justice Department allegations of lax pharmacy controls over a four-year period.

Company that HHS pick invested in faced criminal penalty

Eric Tucker, Associated Press  |  Posted  Jan 19th - 12:11pm

A medical device company in which Rep. Tom Price purchased stock last year has faced years of legal problems and agreed in December to a $17 million Justice Department criminal penalty in a foreign bribery case.

US ends probe of Tesla Autopilot crash without seeking recall

The Associated Press  |  Posted  Jan 19th - 12:00pm

U.S. safety regulators have closed an investigation into a fatal crash involving Tesla Motors' Autopilot system without seeking a recall.

In Minnesota, rainy-day fund may help cover insurance hikes

Kyle Potter, Associated Press  |  Posted  Jan 19th - 11:51am

Minnesota lawmakers are working to offset massive health insurance premium increases for more than 100,000 residents who buy their own coverage.

Hotelier Schrager says pardon by Obama will bring closure

The Associated Press  |  Posted  Jan 19th - 11:45am

Hotelier and real estate developer Ian Schrager says his presidential pardon will bring important closure for him and his family.

The Latest: WTO chief frets over trade war talk

The Associated Press  |  Posted  Jan 19th - 11:43am

The Latest on the World Economic Forum in Davos, Switzerland (all times local):

In bipartisan nod, GOP-led Mississippi Senate commends Obama

Emily Wagster Pettus, Associated Press  |  Posted  Jan 19th - 11:30am

The Republican-led Mississippi Legislature has resisted much of President Barack Obama's agenda. But in a bipartisan gesture of goodwill, the state Senate is calling the Democrat "one of the most consequential presidents in recent history."

GOP lawmakers try to end Kansas governor's business tax cut

John Hanna, Associated Press  |  Posted  Jan 19th - 11:11am

With political support for an income tax break championed by Kansas Gov. Sam Brownback having eroded, fellow Republicans in the GOP-controlled Legislature are spearheading an effort to end it.