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Hawaii bill targeting commercial fishing industry in danger

Cathy Bussewitz, Associated Press  |  Posted   Mar 1st - 2:08pm

The sponsor of a Hawaii bill seeking to change the way commercial licenses are granted to foreign fishermen says the bill is in danger of dying.

Pepsi to lay off 80 to 100 workers, citing Philadelphia tax

The Associated Press  |  Posted   Mar 1st - 2:07pm

Pepsi says slumping sales from Philadelphia's new sweetened-beverage tax are prompting layoffs of 80 to 100 workers at three distribution plants that serve the city.

Hershey expects to cut 15 percent of global workforce

Candice Choi, Associated Press  |  Posted   Mar 1st - 2:07pm

Hershey says it expects to cut its global workforce by about 15 percent, with the reductions coming mostly from hourly employees outside the United States.

Stocks surge on Wall Street, sending Dow Jones industrials to their first close above 21,000 points

The Associated Press  |  Posted   Mar 1st - 2:07pm

Stocks surge on Wall Street, sending Dow Jones industrials to their first close above 21,000 points.

Trump idea to expand health care competition faces hurdles

Jonathan J. Cooper and Ricardo Alonso-Zaldivar, Associated Press  |  Posted   Mar 1st - 1:53pm

Allowing insurers to market health care policies across state lines is one of President Donald Trump's main ideas for bringing down costs.

Grain higher, livestock mixed

The Associated Press  |  Posted   Mar 1st - 1:53pm

Grain futures were higher Wednesday on the Chicago Board of Trade.

Grain higher, livestock mixed

The Associated Press  |  Posted   Mar 1st - 1:50pm

Grain futures were higher Wednesday on the Chicago Board of Trade.

Mixed close

The Associated Press  |  Posted   Mar 1st - 1:50pm

The March gold contract on the New York Mercantile Exchange closed today at $1,248.90 an ounce, down $3.70.

McDonald's lays out plan it hopes can reverse drop in visits

Candice Choi, Associated Press  |  Posted   Mar 1st - 1:22pm

McDonald's acknowledged on Wednesday that it lost 500 million customer transactions in the U.S. since 2012 and laid out its plans to get more people back into its restaurants — including by letting them order and pay on their mobile phones by the end of the year.

Argentina prosecutor launches probe into Macri over Avianca

The Associated Press  |  Posted   Mar 1st - 1:22pm

A prosecutor in Argentina asked a judge on Wednesday to open an investigation into allegations President Mauricio Macri improperly granted routes to Colombia's Avianca airlines, which recently purchased a company from his family.

Chain reviewing dress policy after flap with veterans group

The Associated Press  |  Posted   Mar 1st - 1:04pm

An executive from a Texas-based restaurant chain plans to meet with American Legion groups in Michigan and discuss dress code policy changes after some group members were told they weren't permitted to wear their affiliated jackets.

Lawmaker says Trump infrastructure plan not all gov't money

Joan Lowy, Associated Press  |  Posted   Mar 1st - 12:46pm

President Donald Trump's $1 trillion infrastructure plan will likely include private projects like pipelines that don't involve federal money but have been hindered by a lack of government permits or regulations, according to a key Republican lawmaker.

Fed survey finds economy growing at moderate pace

Martin Crutsinger, Associated Press  |  Posted   Mar 1st - 12:26pm

The Federal Reserve said Wednesday that the U.S. economy has been growing at a moderate pace, helped by sustained gains in consumer spending.

February deals convince buyers to go for pickups, SUVs

Dee-Ann Durbin, Associated Press  |  Posted   Mar 1st - 12:04pm

Lured by Presidents Day deals, U.S. buyers snapped up pickups and SUVs in February, brightening what is usually a lackluster month for the auto industry.

Puerto Rico governor wants fewer austerity measures

Danica Coto, Associated Press  |  Posted   Mar 1st - 12:04pm

Puerto Rico's governor submitted an austerity plan made public on Wednesday that would cut deeply into the U.S. territory's budget while avoiding some of the most painful measures recommended by a federal control board that is overseeing the island's effort to confront a debt crisis that has led to repeated defaults.

Car parts maker says scam got tax info for 2,400 workers

The Associated Press  |  Posted   Mar 1st - 11:57am

A Swiss company said Wednesday income tax information was stolen for about 2,400 workers in the United States, putting them at risk of identity theft just as many are awaiting tax refunds.

Native American tribes pressure feds on oil, gas drilling

Susan Montoya Bryan, Associated Press  |  Posted   Mar 1st - 11:49am

Leaders from the nation's largest Native American reservation and pueblos throughout New Mexico are putting more pressure on federal land managers to curb oil and gas development in the northwest corner of the state.

Waldorf Astoria hotel closing for transformative makeover

Verena Dobnik, Associated Press  |  Posted   Mar 1st - 11:45am

The word "grand" matched few hotels in the world better than New York City's Waldorf Astoria, but this bastion of gilded splendor is now closing for two to three years for a transformative makeover.

GOP: Trump budget plan cuts both too deeply and not enough

Andrew Taylor, Associated Press  |  Posted   Mar 1st - 11:45am

Several congressional Republicans are panning the emerging outlines of President Donald Trump's first budget, complaining that he's cutting too much from already lean department accounts while leaving untouched the massive benefit programs blamed for the nation's deficits.