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Iowa at center of debate over 'shadow insurance' deals

Ryan J. Foley, Associated Press  |  Posted  Aug 30th - 12:32am

For cash-strapped life insurance companies, the deal sounds almost too good to be true: A state law allows them to create complex financial instruments to transfer liabilities to new subsidiaries, instantly wiping huge debts off their balance sheets.

Asian stocks mostly rise on hopes for higher US rates

Yuri Kageyama, Associated Press  |  Posted  Aug 30th - 12:30am

Asian shares were mostly higher Tuesday as hopes continued for a U.S. Federal Reserve interest rate hike later this year.

500 cows rustled from New Zealand farm in unusual case

Nick Perry, Associated Press  |  Posted  Aug 29th - 11:30pm

How do you steal 500 cows?

Brazil's president proclaims innocence at impeachment trial

Mauricio Savarese and Peter Prengaman, Associated Press  |  Posted  Aug 29th - 9:50pm

In a 14-hour session that was less electric than expected, Brazil's suspended president proclaimed her innocence at her impeachment trial Monday, branding her vice president a "usurper," calling the drive to oust her a "coup" and warning senators that history will judge them harshly if they oust a democratically elected leader on false charges.

Asian stocks mostly rise on hopes for higher US rates

Yuri Kageyama, Associated Press  |  Posted  Aug 29th - 9:41pm

Asian shares were mostly higher Tuesday as hopes continued for a U.S. Federal Reserve interest rate hike later this year.

The Latest: Questioning of Rousseff ends after 14 hours

The Associated Press  |  Posted  Aug 29th - 9:20pm

The Latest on the impeachment trial of Brazilian President Dilma Rousseff (all times local):

FBI warns of possible state election-system hacks

Bree Fowler and Eric Tucker, Associated Press  |  Posted  Aug 29th - 7:10pm

The FBI is warning state officials to boost their election security in light of evidence that hackers targeted related data systems in two states.

Court dismisses data speed reduction suit against AT&T

The Associated Press  |  Posted  Aug 29th - 6:31pm

A federal appeals court has dismissed a lawsuit by federal officials that claimed AT&T misled millions of smartphone customers with unlimited data plans who had their Internet speeds cut.

Lawmakers reviewing possible Medicaid expansion options

Kimberlee Kruesi, Associated Press  |  Posted  Aug 29th - 5:11pm

A small group of Idaho lawmakers examining how to provide medical care to the estimated 78,000 Idahoans without health coverage remains split on a solution, with some members repeating the same opposition to accepting federal funding that has doomed prior attempts.

Judge: Citizens United must disclose donor information to NY

Larry Neumeister, Associated Press  |  Posted  Aug 29th - 4:44pm

A nonprofit conservative organization advocating for less government must reveal information about major donors to the state's attorney general if it wants to solicit money in the state, a judge ruled Monday as he rejected First Amendment claims.

Senate hopeful won't say if OK with Trump having nuke codes

Erica Werner, Associated Press  |  Posted  Aug 29th - 4:42pm

The Republican candidate for U.S. Senate in Indiana declined Monday to say whether he's comfortable with Donald Trump serving as commander in chief and possessing the nation's nuclear launch codes.

Icahn rejects union bid to keep Trump Taj Mahal casino open

Wayne Parry, Associated Press  |  Posted  Aug 29th - 4:40pm

Billionaire investor Carl Icahn has rejected an offer by Atlantic City's main casino workers union that it says would have saved the struggling Trump Taj Mahal casino.

Mondelez says it ended talks to buy Hershey

The Associated Press  |  Posted  Aug 29th - 4:32pm

Oreo cookie maker Mondelez says it has ended discussions to buy The Hershey Co, a combination that would have created a global powerhouse selling some of the world's best known chocolates and snacks.

American's No. 2 executive departs for United Airlines

David Koenig, Associated Press  |  Posted  Aug 29th - 4:30pm

The president and No. 2 executive at American Airlines has left the company and taken the same job with rival United Airlines.

Business Highlights

The Associated Press  |  Posted  Aug 29th - 4:11pm


Last chance? Obama administration proposes health law fixes

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Aug 29th - 4:02pm

In one of its last chances to tinker with the president's signature health care law, the Obama administration Monday proposed a series of fixes and adjustments for 2018, when the White House will have a new occupant.

Wal-Mart: Pepper spray, not rotting fruit, forced evacuation

The Associated Press  |  Posted  Aug 29th - 4:01pm

A Wal-Mart spokeswoman says a can of pepper spray is the suspected culprit for the evacuation of an Alabama store.

Yale grad students file petition seeking union certification

The Associated Press  |  Posted  Aug 29th - 3:51pm

Yale University graduate students on Monday petitioned the National Labor Relations Board for union recognition, saying they have organized to address concerns surrounding pay and benefits and give themselves a stronger voice in university affairs.

Race for Facebook data center raises tax-break questions

Lindsay Whitehurst and Morgan Lee, Associated Press  |  Posted  Aug 29th - 3:44pm

The race between a small town on the Rio Grande in New Mexico and a Salt Lake City suburb to entice a new Facebook data center with millions of dollars in tax breaks and subsidies is raising questions about public investments in a booming cloud-computing economy that typically brings few local jobs.

Fox News calls Tantaros an 'opportunist' in lawsuit response

Frazier Moore, Associated Press  |  Posted  Aug 29th - 3:44pm

Fox News Channel says Andrea Tantaros is not a "victim" but "an opportunist" in its response to the sexual-harassment lawsuit filed last week by the former Fox News host.