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Mnuchin says goal is to pass tax reform by August

Martin Crutsinger, Associated Press  |  Posted   Feb 23rd - 11:17am

Treasury Secretary Steven Mnuchin said Thursday the administration is committed to getting major tax reform legislation through Congress by August. He predicted that President Donald Trump's economic proposals will be able to boost growth significantly to annual rates above 3 percent.

The Latest: About 2 dozen arrested so far in protest camp

The Associated Press  |  Posted   Feb 23rd - 11:10am

The Latest on the closing of a protest encampment near the Dakota Access pipeline construction site in North Dakota (all times local):

Low-cost Norwegian Air promises bargain flights to Europe

Matt O'Brien, Associated Press  |  Posted   Feb 23rd - 11:06am

Low-cost carrier Norwegian Air Shuttle is promising to boost traffic at smaller airports on both sides of the Atlantic Ocean when it starts service to Europe this summer from Rhode Island, Connecticut and New York's Hudson Valley.

Austria pressing fraud charges against Airbus over fighters

The Associated Press  |  Posted   Feb 23rd - 10:56am

Austria's defense minister says that state prosecutors have begun preliminary proceedings on suspicion of fraud against Airbus and an affiliated company regarding his country's purchase of 15 combat aircraft.

Lawmakers renew push for drilling in Alaska wildlife refuge

Dan Joling, Associated Press  |  Posted   Feb 23rd - 10:56am

Former U.S. Sen. Frank Murkowski in 2001 gave a speech urging colleagues to approve oil drilling in America's largest wildlife refuge. The Alaska Republican held up a blank sheet of paper to illustrate his point.

US, Mexico square off on immigration as top officials meet

Josh Lederman, Associated Press  |  Posted   Feb 23rd - 10:46am

Mexico's mounting unease and resentment over President Donald Trump's immigration crackdown are looming over a gathering of U.S. and Mexican leaders Thursday that the U.S. had hoped would project a strong future for relations between neighbors.

Former legislator ordered to pay $4.3M in defamation case

The Associated Press  |  Posted   Feb 23rd - 10:46am

An Oklahoma jury has ordered a former state legislator to pay $4.3 million to an insurance company in a defamation case.

Plight of company towns: finding a new identity

Sara Burnett, Associated Press  |  Posted   Feb 23rd - 10:32am

Peoria Mayor Jim Ardis planned to open this year's State of the City speech by thanking Caterpillar Inc. for its longtime commitment to the central Illinois town, declaring "We wouldn't be Peoria without Caterpillar."

Guards become first Sands casino workers with union contract

The Associated Press  |  Posted   Feb 23rd - 10:16am

Security officers at a Pennsylvania casino have become the first to ratify a union contract under billionaire casino magnate Sheldon Adelson.

INFLUENCE GAME: GM bill is self-driving and self-interested

Joan Lowy, Associated Press  |  Posted   Feb 23rd - 10:16am

With states seizing the initiative on shaping the future of self-driving cars, General Motors is trying to persuade lawmakers across the country to approve rules that would benefit the automaker while potentially keeping its competitors off the road.

Markets Right Now: Industrials, small-company stocks sink

The Associated Press  |  Posted   Feb 23rd - 10:00am

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

Fishermen at odds over impact of Trump executive order

Patrick Whittle, Associated Press  |  Posted   Feb 23rd - 9:58am

An executive order by President Donald Trump designed to radically cut back on federal regulations has spurred disagreement among fishermen about how it will affect them — and lawmakers and regulators aren't sure what the answer is.

Connecticut boarding school faces 2 age discrimination suits

The Associated Press  |  Posted   Feb 23rd - 9:50am

A private boarding school for girls in Connecticut is facing a pair of age discrimination lawsuits.

Trump meets with manufacturing CEOs

The Associated Press  |  Posted   Feb 23rd - 9:46am

President Donald Trump is meeting at the White House with two dozen manufacturing CEOs.

US stocks slide as industrial and technology companies fall

Marley Jay, Associated Press  |  Posted   Feb 23rd - 9:35am

Major U.S. indexes are down Thursday following modest losses the day before. Industrial companies, which have surged in recent months, are slipping. Technology companies are trading lower, which could end a 15-day winning streak for the sector.

US average 30-year mortgage rate edges up to 4.16 percent

The Associated Press  |  Posted   Feb 23rd - 9:35am

Long-term U.S. mortgage rates rose slightly this week, continuing a holding pattern that has prevailed this month.

Surfer 'paradise' in Puerto Rico at stake in hotel fight

Danica Coto, Associated Press  |  Posted   Feb 23rd - 9:35am

The sun had just risen along Puerto Rico's northwest coast when Paul Schmidt hopped off his surfboard and emerged from the water at Wilderness Beach, ending another session at a remote area that draws surfers from around the world looking for the next big wave.

With electricity out, new EPA chief reached out to lobbyist

Michael Biesecker and Adam Kealoha Causey, Associated Press  |  Posted   Feb 23rd - 9:17am

When a summer thunderstorm knocked out power to Scott Pruitt's home three years ago, the then-attorney general of Oklahoma reached out to a lobbyist for American Electric Power.

France's PSA wants to be 'European car champion' with Opel

Angela Charlton, Associated Press  |  Posted   Feb 23rd - 9:16am

The chairman of French carmaker PSA Group wants to create a "European car champion" with the potential purchase of General Motors' European car business, and pledged to work with governments and unions worried over job cuts.

The Oscars are less white, but the industry hasn't changed

Lindsey Bahr, Associated Press  |  Posted   Feb 23rd - 9:09am

After two years of intense public scrutiny over the academy's all-white acting nominations, the 2017 Oscar nominees are as diverse a group as the organization has ever seen, thanks to films like "Moonlight," ''Fences," ''Hidden Figures" and "Loving."