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Ex-Defense Department employee sentenced to 6 years

Julie Watson, Associated Press  |  Posted  Dec 2nd - 5:00pm

A retired Department of Defense contracting supervisor was sentenced Friday to six years in prison for accepting bribes from a Malaysian businessman nicknamed "Fat Leonard" who is at the center of the Navy's worst corruption case.

United to pay $2.4M to settle with SEC over NJ to SC flight

The Associated Press  |  Posted  Dec 2nd - 4:52pm

United Airlines is paying $2.4 million to settle civil charges stemming from allegations the airline reinstated a direct flight from New Jersey to South Carolina as a personal favor to an official with a nearby vacation home.

66-year-old man was driver in Iowa Wal-Mart store crash

The Associated Press  |  Posted  Dec 2nd - 4:51pm

A 66-year-old southern Iowa man was identified as the driver of a pickup truck that crashed into a southeast Iowa Wal-Mart, killing three and injuring himself and another man in what officials believe was an accident.

Wastewater leaks at plant destroying chemical weapons

Dan Elliott, Associated Press  |  Posted  Dec 2nd - 4:40pm

About 450 gallons of hazardous wastewater leaked from a tank at a Colorado plant where chemical weapons are being destroyed, the Army said Friday.

Chicago creates legal fund for immigrants facing deportation

The Associated Press  |  Posted  Dec 2nd - 4:20pm

Chicago is taking $1 million earmarked for a little-used property tax relief program to start a legal fund for immigrants facing deportation.

Obama blocks proposed takeover of Germany's Aixtron

The Associated Press  |  Posted  Dec 2nd - 4:10pm

Citing a national security risk, President Barack Obama on Friday blocked a Chinese investor's proposed takeover of Aixtron SE, a German maker of semiconductor manufacturing equipment, a rare move that drew objections from Beijing and complaints that the U.S. was injecting politics into the deal.

Obama: Health care act is law, US can't go backward

The Associated Press  |  Posted  Dec 2nd - 4:10pm

President Barack Obama is urging the public to help save his health care law, which is in serious danger of being repealed under President-elect Donald Trump.

Political donor pleads guilty to investment fraud scheme

Matthew Barakat, Associated Press  |  Posted  Dec 2nd - 4:00pm

A political donor and cable news commentator pleaded guilty Friday to federal criminal charges in what prosecutors described as a $30 million investment fraud scheme tied to his health-technology company.

Casino opening marks start of NY's bet on upstate gambling

David Klepper, Associated Press  |  Posted  Dec 2nd - 3:41pm

The first of four planned casinos opened with a flurry of balloons, confetti and uncertain visions of economic resurgence on Friday as New York ushered in a new era of state-sanctioned gambling aimed at reversing decades of upstate decline.

Municipal-bond week in review: Yields climb again

Cybele Weisser, Associated Press  |  Posted  Dec 2nd - 3:21pm

Municipal bond yields hit fresh highs again this week, continuing their strong climb since the U.S. presidential election.

Lodging near highest mountain peak in Northeast US proposed

Kathy McCormack, Associated Press  |  Posted  Dec 2nd - 3:12pm

The owners of a historic cog railway that climbs up New Hampshire's Mount Washington, the highest peak in the Northeast, want to build an upscale hotel a mile from the summit, in keeping with hotels that once graced the mountain in the 1800s, and to accommodate an increasing number of summer tourists.

Judge says Dallas police and fire pension vote can happen

The Associated Press  |  Posted  Dec 2nd - 3:10pm

A Texas judge has denied a request to stop members of the ailing Dallas Police and Fire Pension system from voting on benefit reductions.

Rally ebbs as investors seek safety after weak wage data

Marley Jay, Associated Press  |  Posted  Dec 2nd - 3:01pm

Investors made a small move back to safer assets Friday afternoon after the government's November jobs report showed continued hiring, but weak wages.

FCC: AT&T, Verizon shouldn't exempt own apps from data caps

Tali Arbel, Associated Press  |  Posted  Dec 2nd - 2:51pm

U.S. regulators are calling out AT&T and Verizon for exempting their own video apps from data caps on customers' cellphones.

GOP chairman who targeted Clinton in no rush on Trump

Matthew Daly, Associated Press  |  Posted  Dec 2nd - 2:51pm

The Republican chairman of the House Oversight Committee, who promised before the election to investigate Democrat Hillary Clinton for years, says he will wait until President-elect Donald Trump takes office before "poking around" the businessman's financial affairs and possible conflicts of interest.

EPA to require mines to offer cleanup assurances

Matthew Brown, Associated Press  |  Posted  Dec 2nd - 2:41pm

The Environmental Protection Agency on Friday said it plans to require mining companies to show they have the financial wherewithal to clean up their pollution so taxpayers aren't stuck footing the bill.

California treasurer asks Trump for guidance on pot, banking

Michael R. Blood, Associated Press  |  Posted  Dec 2nd - 2:41pm

California Treasurer John Chiang on Friday appealed to President-elect Donald Trump for guidance on how the state's projected $7 billion marijuana industry can participate in the nation's banking system while pot remains illegal under U.S. law.

Job deals like Carrier's often fall short of political hype

David A. Lieb, Associated Press  |  Posted  Dec 2nd - 2:41pm

When President-elect Donald Trump announced a deal to save hundreds of jobs at a Carrier plant in Indiana, it came with a cost to state taxpayers of about $7 million in tax breaks and grants.

More than cookie sellers, Girl Scouts enter music industry

The Associated Press  |  Posted  Dec 2nd - 2:31pm

The Girl Scouts of the USA are used to making you smile with sweet cookies, but now they're hoping to soothe your ears with sweet music.