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A plan Illinois Democrats are proposing as an alternative to the steep cuts sought by Republican Gov. Bruce Rauner would keep budget levels flat for local governments and Medicaid and only modestly reduce higher education assistance, committee leaders said Tuesday.
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Vermont's Sanders kicks off 2016 bid from Clinton's left

Dave Gram and Ken Thomas, Associated Press  |  posted May 26th - 5:41pm
Challenging Hillary Rodham Clinton from the left, Vermont Sen. Bernie Sanders kicked off his presidential bid Tuesday with a pitch to liberals to join him in a "political revolution" to transform the nation's economy and politics.
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Taco Bell, Pizza Hut: Artificial ingredients getting booted

Candice Choi, Associated Press  |  posted May 26th - 5:30pm
Taco Bell and Pizza Hut say they're getting rid of artificial colors and flavors, making them the latest big food companies scrambling to distance themselves from ingredients people might find unappetizing.
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Pacific Gas & Electric Co. president announces retirement

The Associated Press  |  posted 22 minutes ago
The man who led Pacific Gas & Electric Company through a deadly 2010 pipeline explosion in the San Francisco area is retiring at the end of the year.
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China coal production falls in first 4 months of year

The Associated Press  |  posted May 26th - 9:11pm
Coal production in China, the world's biggest coal-consuming nation, fell by 6 percent in the first four months of this year as the economy slows and the government makes a concerted push to reduce carbon emissions.
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APNewsBreak: IRS says thieves stole tax info from 100,000

Stephen Ohlemacher, Associated Press  |  posted May 26th - 8:31pm
Sophisticated criminals used an online service run by the IRS to access personal tax information from more than 100,000 taxpayers, part of an elaborate scheme to steal identities and claim fraudulent tax refunds, the IRS said Tuesday.
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FBI, police find no threat on EVA Air plane at LA airport

The Associated Press  |  posted May 26th - 8:31pm
Someone called in a threat to a flight from Taiwan that landed at Los Angeles International Airport on Tuesday, but nothing dangerous was found on board, authorities said.
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San Diego newspaper lays off 1/3rd of workforce after sale

The Associated Press  |  posted May 26th - 8:01pm
San Diego's dominant newspaper on Tuesday announced the layoffs of nearly a third of its 600 employees after it was acquired last week for $85 million by Los Angeles Times owner Tribune Publishing.
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Nevada Assembly considers plans to raise cigarette tax $1

Riley Snyder, Associated Press  |  posted May 26th - 6:51pm
A crucial part of Nevada Gov. Brian Sandoval's plan to generate $600 million to help fund education with a package of new and extended taxes found an ally Tuesday.
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Top 10 highest-paid CEOs

The Associated Press  |  posted May 26th - 6:32pm
Here are the 10 highest-paid CEOs for 2014, as calculated by The Associated Press and Equilar, an executive pay data firm:
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Media heads rule ranks of best-paid CEOs

Steve Rothwell and Ryan Nakashima, Associated Press  |  posted May 26th - 6:30pm
They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league.
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FTC approves Reynolds' purchase of cigarette rival Lorillard

The Associated Press  |  posted May 26th - 6:30pm
Reynolds American's proposed $25 billion acquisition of rival Lorillard has cleared a key regulatory hurdle to move closer to completing a deal that will unite some of the nation's top cigarette brands.
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Nevada Senate committee OKs education savings accounts bill

The Associated Press  |  posted May 26th - 5:31pm
A Nevada legislative committee has passed a bill that would allow students to use the state funds designated for their public education at a private school.
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Puerto Rico lawmakers give final nod to sales tax increase

Danica Coto, Associated Press  |  posted May 26th - 5:21pm
Legislators on Tuesday narrowly approved an increase in the U.S. territory's sales tax to help generate more revenue and offset a deep fiscal crisis.
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Yellen plans on skipping this year's Jackson Hole conference

Martin Crutsinger, Associated Press  |  posted May 26th - 5:10pm
It turns out that being the first woman to head the Federal Reserve is not the only tradition Janet Yellen is breaking. The Fed said Tuesday that she plans on skipping this year's gathering of the world's central bankers at Jackson Hole, Wyoming.
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