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The Latest: European stocks close down amid world volatility

The Associated Press  |  Posted  Feb 9th - 11:00am

The latest on the turmoil afflicting global financial markets (all times local):


Publisher to pay $14M in 'Happy Birthday' copyright case

The Associated Press  |  Posted  Feb 9th - 10:43am

Music publisher Warner/Chappell Music will return $14 million in fees to settle a lawsuit that challenges its claim to "Happy Birthday," one of the world's best-known songs.

The Latest: Flint counsel says manslaughter charge possible

The Associated Press  |  Posted  Feb 9th - 10:30am

The latest on developments in the lead contamination of Flint's water (all times local):

Bring on the drones: Mediterranean sees severe overfishing

Raf Casert, Associated Press  |  Posted  Feb 9th - 10:10am

Experts say almost all species in the Mediterranean are still overfished despite decades of seeing stocks dwindle — and the European Union is considering creative solutions like using drones or space technology to catch fraudulent fishermen.

Obama sends Congress record $4.1 trillion 2017 spending plan

Andrew Taylor and Martin Crutsinger, Associated Press  |  Posted  Feb 9th - 9:45am

President Barack Obama sent Congress on Tuesday his eighth and final budget, proposing to spend a record $4.1 trillion on a number of initiatives. They include launching a new war on cancer, combating global warming and fighting growing threats from ISIS terrorists.

US wholesale businesses trim stockpiles in December

Paul Wiseman, Associated Press  |  Posted  Feb 9th - 9:22am

U.S. wholesale businesses cut their stockpiles and registered lower sales for the third straight month in December.

SC sues Energy Dept over unfinished nuclear fuel project

Meg Kinnard, Associated Press  |  Posted  Feb 9th - 11:10am

South Carolina has again sued the federal government over an unfinished project to convert nuclear weapons components into reactor fuel.

Former executives of Haslam-owned chain face fraud charges

The Associated Press  |  Posted  Feb 9th - 11:10am

The former president of a Tennessee company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam is charged along with seven others with conspiracy to commit mail fraud and wire fraud.

Martinsburg Council to vote on definition of public building

The Associated Press  |  Posted  Feb 9th - 11:10am

Martinsburg City Council members are expected to cast the final vote on an amendment to the city's zoning ordinance that would define public buildings in a way that would prevent the Berkley County Council from opening a drug and alcohol rehabilitation center in the city.

Mississippi education leaders seek 8 percent budget increase

Jeff Amy, Associated Press  |  Posted  Feb 9th - 10:51am

Mississippi's public schools, community colleges and universities are asking for an additional $372 million in the budget year beginning July 1, even as House Appropriations Committee Chairman Herb Frierson says lagging state revenue makes large increases more unlikely than ever.

IRS grants long-delayed tax exempt status to Crossroads GPS

Julie Bykowicz, Associated Press  |  Posted  Feb 9th - 10:40am

The Internal Revenue Service has granted tax-exempt status to one of the best-known and best-funded politically active nonprofit organizations, Crossroads Grassroots Policy Strategies.

Highlights of Gov. Tom Wolf's second state budget proposal

The Associated Press  |  Posted  Feb 9th - 10:30am

Highlights of Pennsylvania Gov. Tom Wolf's spending plan for the 2016-17 budget year that starts July 1:

Red Lobster enjoys sales surge after mention in Beyonce song

The Associated Press  |  Posted  Feb 9th - 10:30am

Red Lobster says it's feeling the "Beyonce Bounce."

Pennsylvania stuck in historic budget gridlock

Marc Levy and Mark Scolforo, Associated Press  |  Posted  Feb 9th - 10:20am

Gov. Tom Wolf warned lawmakers on Tuesday that Pennsylvania's finances are a ticking time bomb amid a record-long budget gridlock, sending them a spending proposal for the coming fiscal year with no full plan in place for the fiscal year that began back in July.

Bill would give unused medication donations to those in need

The Associated Press  |  Posted  Feb 9th - 10:01am

A Utah lawmaker is sponsoring a bill that would donate unused prescription drugs to people in need.

Noranda Aluminum files for bankruptcy

Jim Suhr, Associated Press  |  Posted  Feb 9th - 9:50am

One of North America's biggest makers of aluminum foil is seeking bankruptcy protection to restructure, citing falling aluminum prices and other market challenges that also will force it to idle production at a Missouri smelter.

Deutsche Bank shares hit as markets fret over European banks

David McHugh, Associated Press  |  Posted  Feb 9th - 9:30am

The CEO of Deutsche Bank reassured employees and markets that the company's finances were "rock-solid" as Europe's banks took another a beating in the stock market Tuesday.

The Latest: Intelligence chief warns of more terror attacks

The Associated Press  |  Posted  Feb 9th - 9:21am

The Latest on the worldwide threat assessment from U.S. intelligence agencies (all times local):

Fortis buying electric transmission company ITC for $6.9B

The Associated Press  |  Posted  Feb 9th - 9:20am

Canadian utility Fortis is buying electric transmission company ITC Holdings in a cash-and-stock deal valued at about $6.9 billion as it looks to further diversify its business.