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Retailers help send indexes to records on 6th day of gains

Marley Jay, Associated Press  |  Posted   May 25th - 1:08pm

U.S. stock indexes are climbing for the sixth day in a row Thursday following strong quarterly results from retailers including Best Buy and PVH. The Standard & Poor's 500 index and Nasdaq composite are at all-time highs, but stocks are divided overall, as small companies trade lower and energy companies plunge along with the price of oil.

Amtrak: 3 tracks to be closed at Penn Station during repairs

David Porter, Associated Press  |  Posted   May 25th - 1:08pm

Three tracks at a time will be closed at Penn Station as part of extensive repair work there that is expected to inconvenience thousands of rail commuters this summer, an Amtrak official said Thursday.

Sears revenue continues decline amid tough landscape

The Associated Press  |  Posted   May 25th - 12:48pm

Sears' extended decline in sales persisted during the first quarter and the storied retailer vowed to make additional spending cuts to offset its slowing business.

Racetrack owner who wants casino says plan can wait 6 years

Wayne Parry, Associated Press  |  Posted   May 25th - 12:48pm

The owner of a New Jersey racetrack who wants to build a casino there says the proposal can wait for six years.

Yale removes shelter set up by protesting graduate students

The Associated Press  |  Posted   May 25th - 12:40pm

Unionized graduate students at Yale say the school's removal of their protest encampment won't stop their demonstrations.

Lawsuit alleges GM cheated on diesel pickup truck emissions

The Associated Press  |  Posted   May 25th - 12:30pm

Shares of General Motors fell about 2.5 percent Thursday afternoon after some truck owners alleged in a lawsuit that the company cheated on government diesel emissions tests.

OPEC extends output cut, but big oil price increase unlikely

George Jahn and Kiyoko Metzler, Associated Press  |  Posted   May 25th - 12:30pm

An alliance of many of the world's biggest oil-producing nations extended their agreement to cut output for an additional nine months — an effort to support prices that will prove difficult in the face of growing production from the U.S.

Ryan: Lawmakers will meet new debt deadline

Andrew Taylor, Associated Press  |  Posted   May 25th - 12:30pm

House Speaker Paul Ryan is assuring investors that Congress will meet a new deadline to increase the government's borrowing authority and avert an economy-quaking default on U.S. obligations.

Wild horses could be sold for slaughter in Trump budget plan

Scott Sonner, Associated Press  |  Posted   May 25th - 11:51am

President Donald Trump's budget proposal calls for saving $10 million next year by selling wild horses captured throughout the U.S. West without the requirement that buyers guarantee the animals won't be resold for slaughter.

UN chief: Health care attacked in over 20 conflict countries

Edith M. Lederer, Associated Press  |  Posted   May 25th - 11:32am

Attacks on hospitals, doctors, ambulances, the wounded and sick took place in at least 20 countries affected by conflict last year, U.N. Secretary-General Antonio Guterres said Thursday.

AP Analysis: Rouhani's hardest challenge may be Iran's hopes

Adam Schreck, Associated Press  |  Posted   May 25th - 11:32am

For Iranian President Hassan Rouhani, winning re-election may have been the easy part.

Government finds $6 billion in improper student aid payments

Maria Danilova, Associated Press  |  Posted   May 25th - 11:30am

Members of Congress are criticizing the Education Department over $6 billion in improper payments made as part of the federal student aid programs.

Democrats use budget office report to attack GOP health bill

Alan Fram and Ricardo Alonso-Zaldivar, Associated Press  |  Posted   May 25th - 11:20am

Democrats needled Republicans on Thursday with the gloomy assessment that 23 million people would lose insurance under the Republican health care bill, and that premiums for seriously ill people would rise. The leader of the Senate GOP effort to dismantle President Barack Obama's health care law faulted Democrats for not working with them.

Beloved 96-year-old bagger at New England grocery chain dies

The Associated Press  |  Posted   May 25th - 11:11am

Arthur St. John, who at 96 was the oldest employee of a New England grocery chain and among its most beloved, has died.

Montana vote pits tech millionaire against populist crooner

Bobby Caina Calvan, Associated Press  |  Posted   May 25th - 11:11am

The special election Thursday to fill Montana's lone congressional seat features a Republican tech millionaire who portrays himself as a gun-loving, fly-fishing Montanan living the life in God's country against a populist Democratic crooner making his first run for office.

Report: More Americans with Alzheimer's are dying at home

Mike Stobbe, Associated Press  |  Posted   May 25th - 11:10am

U.S. health officials say 1 in 4 Alzheimer's deaths are now occurring at home — a startling increase that marks a shift away from hospitals and nursing homes.

Emirati man detained over terror fears sues Ohio hotel, cops

The Associated Press  |  Posted   May 25th - 10:52am

An Emirati man who was detained by police at an Ohio hotel after a clerk heard him speaking Arabic and thought he was pledging allegiance to the Islamic State group sued the hotel chain, police and others, claiming he was the victim of an "unjustified SWAT-style assault."

Senate panel backs bill to authorize new sanctions on Iran

Richard Lardner, Associated Press  |  Posted   May 25th - 10:52am

A Senate panel overwhelmingly backed bipartisan legislation that would authorize President Donald Trump to put new sanctions on Iran while keeping the landmark nuclear deal with Tehran in place.

22 GOP senators want US to pull out of Paris climate accord

Michael Biesecker, Associated Press  |  Posted   May 25th - 10:52am

Senate Majority Leader Mitch McConnell and 21 other Republicans on Thursday urged President Donald Trump to follow through on his campaign pledge to pull out of the Paris climate accord.

Kansas distributor recalls precooked sausage due to metal

The Associated Press  |  Posted   May 25th - 10:40am

A Kansas food distributor is voluntarily recalling nearly 100,000 pounds (45,360 kilograms) of precooked sausage that might contain metal.