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Court rules Wells subject to penalty on foreign tax credits

Ken Sweet, Associated Press  |  Posted   May 25th - 5:12pm

A federal court has ruled that Wells Fargo is liable for a negligence penalty in a tax case that involved foreign tax credits, but the bank prevailed in another part of the case that could mute any payment.

2 major outdoor trade shows to merge for Denver expo

Brady McCombs, Associated Press  |  Posted   May 25th - 4:43pm

Two major outdoor recreation trade shows are merging to create one mega winter expo likely to be held in Denver.

Aromatique founder Patti Upton dies at Arkansas home at 79

Tafi Mukunyadzi, Associated Press  |  Posted   May 25th - 4:40pm

Patti Upton, founder of home fragrance company Aromatique, has died in Arkansas at age 79.

Nu Skin had Utah's top-paid CEO with $10.3M paycheck

The Associated Press  |  Posted   May 25th - 4:40pm

A new survey finds the top-paid CEO in Utah made $10.3 million last year as the head of Nu Skin Enterprises, Inc.

Police: Tractor-trailer crashes into famed Nevada brothel

Sally Ho, Associated Press  |  Posted   May 25th - 4:34pm

A man wearing body armor and a mask backed a tractor-trailer through the gate of the Moonlite Bunny Ranch before dawn Thursday and crashed it into the front door of the famed Nevada brothel featured in the CatHouse reality television show, according to authorities and the brothel's owner.

Audit: Iowa athletics IT director submitted false invoices

Ryan J. Foley, Associated Press  |  Posted   May 25th - 4:20pm

The University of Iowa athletics department's information technology director spent school money on personal items for his home and then submitted false invoices to cover his tracks, according to a state audit released Thursday.

Correction: Nissan Dealer Lawsuit story

The Associated Press  |  Posted   May 25th - 4:00pm

In a story May 23 about a jury awarding $256.5 million in a lawsuit against Nissan, The Associated Press, relying on court documents, reported erroneously on some aspects of the case.

4 protesters arrested at Senate hearing on energy nominees

The Associated Press  |  Posted   May 25th - 3:26pm

Four protesters have been arrested after disrupting a Senate hearing on nominees to serve in energy-related posts in the Trump administration.

Best Buy and Alphabet climb while Brown-Forman falls

The Associated Press  |  Posted   May 25th - 3:15pm

Stocks that moved substantially or traded heavily Thursday:

Woman who contracted botulism sues nacho cheese-dip maker

The Associated Press  |  Posted   May 25th - 3:15pm

A woman who contracted botulism after eating nacho-cheese sauce sold at a California gas station is suing the business and the maker of the cheese dip.

Costco shares rise as earnings top Wall Street expectations

The Associated Press  |  Posted   May 25th - 3:06pm

Costco shares rose in after-hours trading after the warehouse club company reported earnings that topped Wall Street expectations.

Beloved 96-year-old bagger at New England grocery chain dies

The Associated Press  |  Posted   May 25th - 3:06pm

Arthur St. John, who at 96 was the oldest employee of a New England grocery chain and among its most beloved, has died.

GOP senators say tough report complicates health care bill

Alan Fram and Ricardo Alonso-Zaldivar, Associated Press  |  Posted   May 25th - 3:00pm

Republicans senators conceded Thursday that a scathing analysis of the House GOP health care bill had complicated their effort to dismantle President Barack Obama's health care law.

Report: More Americans with Alzheimer's are dying at home

Mike Stobbe, Associated Press  |  Posted   May 25th - 2:49pm

One in 4 Alzheimer's deaths in the United States are now occurring at home — a startling increase that marks a shift away from hospitals and nursing homes, according to a report released Thursday.

Retailers help send indexes to records on 6th day of gains

Marley Jay, Associated Press  |  Posted   May 25th - 2:49pm

U.S. stocks climbed for the sixth day in a row Thursday as strong first-quarter results from retailers like Best Buy and PVH led indexes to record highs. That offset weakness in energy stocks caused by a plunge in oil prices.

Trump plan to sell off half of oil stockpile sparks debate

Matthew Daly, Associated Press  |  Posted   May 25th - 2:49pm

President Donald Trump's proposal to sell nearly half the U.S. emergency oil stockpile is renewing debate about whether the Strategic Petroleum Reserve is still needed amid an ongoing oil production boom that has seen U.S. imports drop sharply in the past decade.

The Latest: Coroner's office IDs skydiver as California man

The Associated Press  |  Posted   May 25th - 2:40pm

The Latest on a skydiving death in Northern California (all times local):

Zuckerberg urges Harvard grads to build a world of 'purpose'

Barbara Ortutay, Associated Press  |  Posted   May 25th - 2:40pm

Facebook's CEO returned to Harvard Thursday, telling graduates that it is up to their generation to create a purpose for today's world, to care about others, to fight inequality and strengthen the global community.

Nurses held hostage in Chicago-area hospital standoff sue

The Associated Press  |  Posted   May 25th - 2:30pm

Two nurses held hostage by a jail inmate this month at a suburban Chicago hospital allege in a federal lawsuit that they were violently assaulted by the man who was known to be a "danger" to hospital staff.