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Anchor denies sham Porsche sale; congressman husband charged

The Associated Press  |  Posted  Jul 30th - 3:01pm

A Philadelphia news anchor says authorities were wrong to cite the sale of her Porsche as evidence of wrongdoing in the indictment of her congressman husband.

Spring rebound for US economy sets stage for Fed rate hike

Martin Crutsinger, Associated Press  |  Posted  Jul 30th - 3:01pm

The U.S. economy isn't moving at warp speed, but it looks like it will be strong enough to handle an expected interest rate increase later this year.

US stocks eke out tiny gains after erasing an early loss

Ken Sweet, Associated Press  |  Posted  Jul 30th - 2:52pm

Stocks ended the day mostly flat on Thursday, recovering from broad losses earlier in the day. Investors continue to focus on corporate earnings, and Thursday's batch brought mostly disappointing results from Procter & Gamble, Facebook and others.

Utah co-op health insurer lost $19.9 million in first year

Michelle L. Price, Associated Press  |  Posted  Jul 30th - 3:41pm

A nonprofit Utah health insurer that received federal loans to get up and running lost nearly $20 million in its first year and is among co-ops around the country struggling with financial losses, according to a new audit.

California says water use fell by 27 percent in June

Fenit Nirappil, Associated Press  |  Posted  Jul 30th - 3:41pm

California's unprecedented system of mandatory conservation imposed on cities got off to a strong start with water use plunging 27 percent in June, regulators said Thursday.

Venezuela's largest beer company suspends work at 2 plants

The Associated Press  |  Posted  Jul 30th - 3:41pm

Venezuela's largest beer manufacturer is shutting some of its plants because of a lack of imported barley.

Brilinta? Brintellix? FDA warns of drug name mix-ups

Marley Jay, Associated Press  |  Posted  Jul 30th - 3:41pm

The Food and Drug Administration said Thursday that some doctors and pharmacies are getting confused by the similar names of an antidepressant and a blood-thinning medicine.

Senate panel passes bill lifting crude oil export ban

Kevin Freking, Associated Press  |  Posted  Jul 30th - 3:41pm

A Senate panel approved energy legislation Thursday that would lift the 40-year-old ban on crude oil exports and open more areas of the Arctic, Gulf of Mexico and the Atlantic Ocean to oil and gas exploration.

Spirit jet wheel ignites on landing in Dallas; no injuries

The Associated Press  |  Posted  Jul 30th - 3:31pm

No injuries were reported after a landing gear on a Spirit Airlines jet caught fire while landing at Dallas-Fort Worth International Airport.

Clinton charity donors surge amid Hillary Clinton's campaign

Stephen Braun and Ted Bridis, Associated Press  |  Posted  Jul 30th - 3:31pm

An updated list of donors to the Bill, Hillary and Chelsea Clinton Foundation shows a marked surge in donations and the numbers of contributors to the family charity in the first half of this year — at the same time that Hillary Rodham Clinton ramped up her campaign for the presidency.

Facebook ready to test giant drone for Internet service

Brandon Bailey, Associated Press  |  Posted  Jul 30th - 3:21pm

Facebook says it will begin test flights later this year for a solar-powered drone with a wingspan as big as a Boeing 737, in the next stage of its campaign to deliver Internet connectivity to remote parts of the world.

Mexico ups dollar auction to $200 million to boost peso

The Associated Press  |  Posted  Jul 30th - 3:11pm

Mexico's central bank said Thursday it will increase dollar auctions from $52 million to $200 million per day through the end of September to stabilize the badly weakened peso.

Judge mulls challenge to Arizona Medicaid plan hospital fee

Bob Christie, Associated Press  |  Posted  Jul 30th - 3:01pm

A lawyer representing 36 Republican lawmakers told a judge Thursday that keeping a hospital assessment in effect to help fund the state's Medicaid expansion would gut a voter-approved law requiring a two-thirds vote for tax increases.

Hospital manager offers rebuttal to LSU mismanagement claims

Melinda Deslatte, Associated Press  |  Posted  Jul 30th - 3:01pm

The foundation that manages LSU's Shreveport and Monroe hospitals under a privatization deal says it has sought to bring in an outside mediator to work out disputes with LSU, but the university has rejected the effort.

Saudi Arabia asks NY judge to drop it from Sept. 11 lawsuit

Larry Neumeister, Associated Press  |  Posted  Jul 30th - 3:01pm

Saudi Arabia had nothing to do with the Sept. 11 attacks and should be dismissed as a defendant in lawsuits brought by victims' families, a lawyer for the kingdom told a judge Thursday.

Vegas-area coal plant owners to pay $4.3M to settle lawsuit

Ken Ritter, Associated Press  |  Posted  Jul 30th - 3:01pm

Owners of a soon-to-close coal-fired power plant outside Las Vegas are agreeing to pay $4.3 million to settle a lawsuit and clean up contamination that neighboring Native Americans blame for health problems and water pollution.

Fines ordered as long as ship blocked from heading to Arctic

Steven Dubois and Dan Joling, Associated Press  |  Posted  Jul 30th - 2:51pm

A federal judge in Alaska on Thursday ordered Greenpeace USA to pay a fine of $2,500 for every hour that protesters dangle from a bridge in Oregon and block a Royal Dutch Shell icebreaker from leaving for oil drilling in the Arctic.

Barge accident dents wind farm foundation off Rhode Island

The Associated Press  |  Posted  Jul 30th - 2:42pm

A barge accident off the coast of Rhode Island has dented the foundation of what will be the nation's first offshore wind farm.

High-end indoor cycling chain SoulCycle files to go public

The Associated Press  |  Posted  Jul 30th - 2:42pm

SoulCycle, the high-end indoor cycling chain, is gearing up for Wall Street.