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Man pleads guilty in scamming $5M from government

The Associated Press  |  Posted   Feb 27th - 3:48pm

One of the two men accused of bilking a South Carolina project turning warheads into nuclear reactor fuel is pleading guilty.

Big surge for military in Trump budget, big cuts elsewhere

Andrew Taylor, Associated Press  |  Posted   Feb 27th - 3:38pm

President Donald Trump is proposing a huge $54 billion surge in U.S. military spending for new aircraft, ships and fighters in his first federal budget while slashing big chunks from domestic programs and foreign aid to make the government "do more with less."

Plan to repeal Obama health law shows GOP governors are torn

Ben Nuckols, Associated Press  |  Posted   Feb 27th - 3:30pm

The nation's governors don't want people in their states to lose health coverage under a repeal of the Obama-era health care law, but even after a weekend of bipartisan meetings, they still don't agree on the best approach to replace it.

Flight attendant charged in fake bomb threat signs plea deal

Blake Nicholson, Associated Press  |  Posted   Feb 27th - 3:21pm

A flight attendant accused of making bogus bomb threats on two Skywest flights in 2015 has signed a plea deal to avoid trial, but he could still end up spending decades in prison.

Drugmakers pledge restraint, but prices will still soar

Linda A. Johnson, Associated Press  |  Posted   Feb 27th - 3:19pm

Several big drugmakers are trying to quell the furor over high drug prices by revealing more information about their pricing and even pledging to keep a lid on increases.

Takata pleads guilty in air bag scandal, agrees to pay $1B

Tom Krisher and Ed White, Associated Press  |  Posted   Feb 27th - 3:19pm

Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in the U.S.

Pressure on GOP to revamp health law grows, along with rifts

Alan Fram and Ricardo Alonso-Zaldivar, Associated Press  |  Posted   Feb 27th - 3:10pm

President Donald Trump declared Monday that "Nobody knew that health care could be so complicated." Yet the opposite has long been painfully obvious for top congressional Republicans, who face mounting pressure to scrap the law even as problems grow longer and knottier.

Interest rates mixed at weekly US Treasury bill auction

The Associated Press  |  Posted   Feb 27th - 2:56pm

Interest rates on short-term Treasury bills were mixed in Monday's auction, with rates on six-month bills holding steady while rates on three-month bills dipped to their lowest level in five weeks.

Sotheby's and Tegna climb while AES and Shutterstock slump

The Associated Press  |  Posted   Feb 27th - 2:56pm

Stocks that moved substantially or traded heavily Monday:

Report: Interior Dept law enforcement chief 'unprofessional'

Matthew Daly, Associated Press  |  Posted   Feb 27th - 2:56pm

The Interior Department's law enforcement director "demonstrated a pattern of unprofessional behavior" by touching and hugging female employees and making flirtatious remarks, the agency's inspector general said in a report released Monday.

Sign spinners' moves nab attention on street and at contest

Regina Garcia Cano, Associated Press  |  Posted   Feb 27th - 2:56pm

You've seen them at intersections and outside strip malls spinning an arrow-shaped sign and trying to grab the attention of drivers and passers-by.

Trump warns health care system will "implode" unless fixed

Ken Thomas, Associated Press  |  Posted   Feb 27th - 2:34pm

President Donald Trump warned Monday that the nation's health care system was in danger of imploding and said Congress must make fundamental changes to the sweeping health law passed by his predecessor.

Utah liquor bill would swap 'Zion Curtains' for buffer zones

Michelle L. Price, Associated Press  |  Posted   Feb 27th - 2:17pm

A Utah lawmaker introduced a proposal Monday allowing restaurants to get rid of barriers known as "Zion Curtains" that are designed to visually obscure the making of drinks. But in exchange, they'd be required to install a buffer zone around bars or areas where drinks are prepared.

Grain lower, livestock higher

The Associated Press  |  Posted   Feb 27th - 2:17pm

Grain futures were lower Monday on the Chicago Board of Trade.

Markets Right Now: Dow closes at 12th record high close

The Associated Press  |  Posted   Feb 27th - 2:12pm

The latest on developments in financial markets (All times local):

Dow Jones industrial average reaches a 12th consecutive record high close

The Associated Press  |  Posted   Feb 27th - 2:07pm

Dow Jones industrial average reaches a 12th consecutive record high close.

Takata pleads guilty to fraud in air bag scandal that has killed at least 16

The Associated Press  |  Posted   Feb 27th - 1:45pm

Takata pleads guilty to fraud in air bag scandal that has killed at least 16.

White House: Trump budget will hike defense spending by $54B

Andrew Taylor and Julie Pace, Associated Press  |  Posted   Feb 27th - 1:38pm

The White House says President Donald Trump's upcoming budget will propose a whopping $54 billion increase in defense spending and impose corresponding cuts to domestic programs and foreign aid. The result is that Trump's initial budget wouldn't dent budget deficits projected to run about $500 billion.

Billionaire heads toward confirmation as Commerce secretary

Stephen Ohlemacher, Associated Press  |  Posted   Feb 27th - 1:16pm

Billionaire investor Wilbur Ross is headed toward confirmation as Commerce secretary in President Donald Trump's administration.