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Grain mixed, livestock mixed

The Associated Press  |  Posted   May 24th - 8:11am

Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade.

Broadway's box office coffers soars but attendance retreats

Mark Kennedy, Associated Press  |  Posted   May 24th - 8:11am

On Broadway, there's great financial news to sing about but a sour note amid the flush times: Box offices are enjoying the highest grossing season in history but attendance has dipped after four consecutive seasons of gains.

Trump's food stamp cuts face hard sell in Congress

Mary Clare Jalonick, Associated Press  |  Posted   May 24th - 8:11am

President Donald Trump's proposal to slash food stamps by a third will be a hard sell in Congress, even as Republicans have tried repeatedly to scale back the program's $70 billion annual cost.

Grain mixed, livestock mixed

The Associated Press  |  Posted   May 24th - 8:10am

Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade.

Home sales fell in April amid supply squeeze

Josh Boak, Associated Press  |  Posted   May 24th - 8:10am

Americans pulled back their pace of home-buying in April, as shrinking inventories and rising prices are giving them fewer and fewer options.

US home sales slid 2.3 percent in April as supplies tightened and prices climbed

The Associated Press  |  Posted   May 24th - 8:10am

US home sales slid 2.3 percent in April as supplies tightened and prices climbed.

Graco recalls car seats; webbing may not hold child in crash

The Associated Press  |  Posted   May 24th - 7:49am

Graco Children's Products is recalling more than 25,000 car seats because the harness webbing can break in a crash and may not keep children restrained.

Correction: Zuckerberg-High School Visit story

The Associated Press  |  Posted   May 24th - 7:40am

In a story May 23 about a visit by Facebook CEO Mark Zuckerberg and his wife to a Massachusetts high school, The Associated Press reported erroneously that the couple made a donation to the school during the visit. The couple did not make a donation to the school.

Businessman gets 15-year sentence in UAE dispute

Jon Gambrell, Associated Press  |  Posted   May 24th - 7:21am

A court in the United Arab Emirates sentenced a businessman accused of stealing $1.5 billion while working for one of its sheikhdoms to 15 years in prison over one alleged scam, authorities said Wednesday.

Same sex couple says Southwest discriminated against them

The Associated Press  |  Posted   May 24th - 7:04am

A Florida man says a Southwest Airlines employee refused to let him board a flight as a family with his husband, their three children and a grandparent.

Parent company of DeVry University changing its name

The Associated Press  |  Posted   May 24th - 7:00am

The company that owns one of the nation's largest for-profit college chains is changing its name.

Iran, Spanish company sign $615 million deal for oil pipes

The Associated Press  |  Posted   May 24th - 6:47am

Iran on Wednesday signed a deal worth $615 million — or euros 550 million — with a Spanish-Iranian consortium under which the group will provide pipes used in Iran's oil industry.

AP FACT CHECK: Budget chief slams Obama growth forecast

Josh Boak, Associated Press  |  Posted   May 24th - 6:47am

Trump budget director Mick Mulvaney, defending an administration that promises more economic growth than many think it can deliver, said Tuesday it's the Obama administration that went overboard in its forecasts for growth. His indictment glosses over significant differences in the economy now and then.

UK deploys 1,000 soldiers to protect key sites after bombing

Jill Lawless and Gregory Katz, Associated Press  |  Posted   May 24th - 6:47am

British security forces arrested three more suspects Wednesday in connection with the Manchester concert bombing and sent hundreds of soldiers to secure key sites across the country, including Buckingham Palace and the British Parliament at Westminster.

Moody's cuts China credit rating over rising debt

Joe McDonald, Associated Press  |  Posted   May 24th - 6:30am

The Moody's ratings agency on Wednesday cut China's credit rating due to surging debt, prompting a protest by Beijing and highlighting challenges faced by Communist leaders as they overhaul a slowing economy.

China blocks online broadcast of computer go match

Joe McDonald, Associated Press  |  Posted   May 24th - 6:13am

Internet users outside China watched a computer defeat its national go champion, but few Chinese web surfers could see it.

Lowe's weak quarter stands in stark contrast to retail rival

The Associated Press  |  Posted   May 24th - 6:11am

A hefty charge cut into first-quarter sales at Lowe's and investors were unimpressed by the retailer's profit, sending shares down sharply in early trading.

Spirit Airlines opens $32 million hangar at Detroit airport

The Associated Press  |  Posted   May 24th - 5:42am

A $32 million maintenance hangar at Detroit Metropolitan Airport has opened as part of efforts to ensure safety among Spirit Airlines' fleet.

Markets brush aside China rating downgrade

The Associated Press  |  Posted   May 24th - 5:31am

Global stock markets traded in narrow ranges Wednesday, with investors brushing aside Moody's decision to cut China's debt rating.

NATO chief welcomes increased US defense spending in Europe

The Associated Press  |  Posted   May 24th - 5:20am

NATO's chief is welcoming a defense spending boost in the new U.S. budget and says it's a sign of Washington's support for security in Europe.