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Board rejects Puerto Rico budget because of overspending

Danica Coto, Associated Press  |  Posted   Jun 27th - 8:54pm

A federal control board overseeing Puerto Rico's finances rejected the U.S. territory's proposed budget on Tuesday because it said it lacks at least $200 million in specific cost-saving measures and contains nearly $120 million in overspending and ineligible expenditures.

Toshiba pushes back closing deal on memory unit sale

Elaine Kurtenbach, Associated Press  |  Posted   Jun 27th - 8:54pm

Japanese electronics and energy giant Toshiba has delayed its deadline for reaching an agreement on selling its lucrative computer memory chip business.

Senate GOP shelves health bill, imperils 'Obamacare' repeal

Erica Werner and Alan Fram, Associated Press  |  Posted   Jun 27th - 8:10pm

Senate GOP leaders abruptly shelved their long-sought health care overhaul Tuesday, asserting they can still salvage it but raising new doubts about whether President Donald Trump and the Republicans will ever deliver on their promises to repeal and replace "Obamacare."

Panel approves bill privatizing air traffic control

Kevin Freking, Associated Press  |  Posted   Jun 27th - 7:12pm

A House panel approved legislation Tuesday that would split off management of the nation's skies from the Federal Aviation Administration and give that responsibility to an independent, nonprofit company.

Estates of Bernie Madoff's 2 sons to keep nearly $4 million

The Associated Press  |  Posted   Jun 27th - 7:00pm

A bankruptcy court filing shows the estates of Wall Street swindler Bernard Madoff's (MAY'-dawfz) two sons will get to keep nearly $4 million once about $18 million in assets is taken away as part of a legal settlement.

EPA chief met with Dow CEO before deciding on pesticide ban

Michael Biesecker, Associated Press  |  Posted   Jun 27th - 6:44pm

The Trump administration's top environmental official met privately with the chief executive of Dow Chemical shortly before reversing his agency's push to ban a widely used pesticide after health studies showed it can harm children's brains, according to records obtained by The Associated Press.

New cyberattack wallops Europe; spreads more slowly in US

Raphael Satter and Frank Bajak, Associated Press  |  Posted   Jun 27th - 6:20pm

A new and highly virulent outbreak of data-scrambling software — apparently sown in Ukraine — caused disruption across the world Tuesday. Following a similar attack in May , the fresh cyber-assault paralyzed some hospitals, government offices and major multinational corporations in a dramatic demonstration of how easily malicious programs can bring daily life to a halt.

In New Mexico, Trump's monument review stirs passions

Morgan Lee, Associated Press  |  Posted   Jun 27th - 6:02pm

Desert ranchers in New Mexico are hoping the new GOP administration in Washington will dramatically shrink a recently designated national monument in the south of the state where outlaw Billy the Kid and Apache leader Geronimo once sought refuge.

Subway train derails, scaring passengers and injuring dozens

David Porter, Associated Press  |  Posted   Jun 27th - 5:53pm

A subway train derailed Tuesday as it entered a station, tossing people to the floor, forcing hundreds of shaken-up passengers to evacuate through darkened tunnels and delivering another jolt to a transit system plagued by aging equipment and reliability problems.

Judge approves initial motions in Takata bankruptcy

Randall Chase, Associated Press  |  Posted   Jun 27th - 5:42pm

A Delaware bankruptcy judge on Tuesday granted several preliminary orders allowing Japanese auto parts supplier Takata to move forward with its reorganization plan, which includes the sale of most of its assets to a Chinese-owned rival for $1.6 billion.

Trump group's aggressive health care moves irritate GOP

Julie Bykowicz, Associated Press  |  Posted   Jun 27th - 5:23pm

Three months ago, Republicans condemned political groups aligned with President Donald Trump for doing almost nothing to promote a health care bill. Now they think one of the groups may have gone too far.

IMF trims economic forecast for US amid growth uncertainty

Martin Crutsinger, Associated Press  |  Posted   Jun 27th - 5:06pm

The International Monetary Fund has trimmed its outlook for the U.S. economy, citing the number of uncertainties that surround President Donald Trump's plans to boost economic growth.

Trump hails 'energy revolution' as exports surge

Matthew Daly, Associated Press  |  Posted   Jun 27th - 4:54pm

President Donald Trump on Tuesday hailed an energy revolution marked by surging U.S. exports of oil and natural gas.

Subway train derails, scaring passengers and injuring dozens

David Porter, Associated Press  |  Posted   Jun 27th - 4:40pm

A subway train derailed Tuesday as it entered a station, tossing people to the floor, forcing hundreds of shaken-up passengers to evacuate through darkened tunnels and delivering another jolt to a transit system plagued by aging equipment and reliability problems.

Judge to decide who gets comic con naming rights

Lindsay Whitehurst, Associated Press  |  Posted   Jun 27th - 4:39pm

Settlement talks have broken down between the organizers of two pop-culture conventions in California and Utah known for guests' elaborate costumes, Salt Lake Comic Con officials said Tuesday.

The Latest: Pennsylvania health company restoring network

The Associated Press  |  Posted   Jun 27th - 4:36pm

The Latest on a widespread cyberattack that is affecting companies and government systems (all times EDT):

LA City Council oks plans for George Lucas museum

John Rogers, Associated Press  |  Posted   Jun 27th - 4:30pm

The Force was with George Lucas on Tuesday as the Los Angeles City Council moved with lightsaber speed to clear the way for a $1.5 billion Museum of Narrative Art the "Star Wars" creator plans to build down the road from his alma mater.

State: Lawyers sure abortion licensing laws constitutional

Janet McConnaughey, Associated Press  |  Posted   Jun 27th - 4:30pm

After court victories against abortion laws in Texas and Louisiana, a reproductive rights group filed a federal challenge on Tuesday of a Louisiana licensing law it blames for more than a thousand burdensome anti-abortion regulations.

Protesters block Utah street over US Senate health care bill

The Associated Press  |  Posted   Jun 27th - 4:16pm

About 100 people protesting the Republican bill in the U.S. Senate to replace President Barack Obama's health care law have blocked traffic on a busy downtown Salt Lake City street.

Q&A: Nevada to launch latest legal vice for tourists: Pot

Scott Sonner, Associated Press  |  Posted   Jun 27th - 4:07pm

Sin City will launch its latest legal vice by week's end.