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Hershey stock soars after report of Mondelez takeover bid

The Associated Press  |  Posted  Jun 30th - 11:11am

Shares of Hershey are soaring after a report that it could be taken over by Oreo maker Mondelez International, a combination that would bring together some of the world's best-known chocolate and cookie brands under one company.

Abortion restrictions, school choice law set to take effect

James Nord, Associated Press  |  Posted  Jun 30th - 11:11am

A slew of new laws that were passed during the 2016 legislative session go into effect Friday, including tighter restrictions on abortions and allowing beer and wine sales at universities. Here's a look at some of the new laws going into effect:

Putin issues decree to lift ban on tourism to Turkey

The Associated Press  |  Posted  Jun 30th - 11:01am

The Kremlin says Russian President Vladimir Putin has issued a decree lifting restrictions on tourism to Turkey following its' apology for downing a Russian warplane last year.

Nevada gambling revenue down 5 percent in May

The Associated Press  |  Posted  Jun 30th - 11:01am

State officials say Nevada gambling revenue was down nearly 5 percent in May after a sharp drop in winnings on the Las Vegas Strip.

Government urges owners of old Hondas to get air bags fixed

Tom Krisher, Associated Press  |  Posted  Jun 30th - 11:01am

The U.S. government is urging owners of 313,000 older Hondas and Acuras to stop driving them and get them repaired after new tests found that their Takata air bag inflators are extremely dangerous.

APNewsBreak: To fight foreclosure, NYC buying mortgages

Jennifer Peltz, Associated Press  |  Posted  Jun 30th - 11:01am

New York City is taking a novel approach to addressing enduring pockets of the home foreclosure crisis by buying long-unpaid mortgages, with plans to help owners stay in their homes if possible or use the properties as affordable housing if not, officials say.

US takes Thailand off human trafficking blacklist

Matthew Pennington, Associated Press  |  Posted  Jun 30th - 10:51am

The United States removed Thailand from its human trafficking blacklist on Thursday, though forced labor remains widespread in the nation's lucrative seafood industry.

Vietnam says Taiwanese company responsible for fish deaths

Tran Van Minh, Associated Press  |  Posted  Jun 30th - 10:51am

Vietnam's government announced Thursday that a Taiwanese-owned steel plant was responsible for massive fish deaths along the central Vietnamese coast and said it has pledged to pay $500 million in compensation.

Obama admin changing coal royalty program to boost revenue

Matthew Daly, Associated Press  |  Posted  Jun 30th - 10:50am

The Interior Department said Thursday it is changing the way it values coal mined from public lands in the West to make sure mining companies are not shortchanging taxpayers on sales to Asia and other markets.

Iconic Nashville soda shop hosts new USPS stamps launch

Travis Loller, Associated Press  |  Posted  Jun 30th - 10:41am

The future seemed grim five years ago for a Nashville soda shop that has been serving up ice cream since the Great Depression. Faced with a rent increase, the Elliston Place Soda Shop hung a sign on the door: It would be closing for good.

New Mississippi laws cover education, abortion, other issues

Emily Wagster Pettus, Associated Press  |  Posted  Jun 30th - 10:31am

Mississippi has dozens of new laws taking effect Friday.


US officials: Military concerned about transgender timeline

Lolita C. Baldor, Associated Press  |  Posted  Jun 30th - 10:30am

The Pentagon is poised to announce new rules allowing transgender individuals to serve openly in the U.S. military, amid concerns from senior military leaders who believe the department is moving too fast and has yet to resolve many details, U.S. officials told The Associated Press.

Google Calendar outage leaves users frustrated

The Associated Press  |  Posted  Jun 30th - 10:21am

Google says it expects to have Google Calendar up and running normally following widespread reports of an outage.

World Bank president expresses concern over Brexit

Ashok Sharma, Associated Press  |  Posted  Jun 30th - 10:21am

The World Bank president said Thursday that India had shown resilience in the situation created by Britain's decision to exit from the European Union, but it will be affected "if there were more events creating more uncertainty."

Appeals court nixes $7.25B credit card swipe fee settlement

The Associated Press  |  Posted  Jun 30th - 10:11am

An appeals court has rejected a $7.25 billion settlement between merchants and Visa Inc. and MasterCard Inc. over credit card transaction fees.

Markets Right Now: US stocks post solid gains at midday

The Associated Press  |  Posted  Jun 30th - 10:01am

The latest on developments in global financial markets (all times local):

The Latest: Illinois lawmakers begin advancing budget deal

The Associated Press  |  Posted  Jun 30th - 9:51am

The Latest on Illinois lawmakers' attempts to approve a stopgap state budget and money for schools (all times local):

Here come the virtual reality Olympics ... for Samsung users

Mae Anderson, Associated Press  |  Posted  Jun 30th - 9:50am

Athletes in Rio will compete to be the fastest sprinter and highest jumper at the Olympics this August. But there's another test underway as well: How well can virtual reality capture sporting events?

Average US 30-year mortgage falls to 3.48 percent

The Associated Press  |  Posted  Jun 30th - 9:41am

Long-term U.S. mortgage rates slid to new lows for the year this week amid market upheaval stoked by Britain's vote to leave the European Union. Rates are at three-year lows at the height of the spring home buying season.