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Chinese tech firm LeEco agrees to buy Vizio TV maker for $2B

Ryan Nakashima, Associated Press  |  Posted  Jul 26th - 1:40pm

Chinese video streaming company LeEco is breaking into the U.S. TV market by buying Vizio, a manufacturer of budget-priced sets. The combination promises a marriage of hardware and content as tightly linked as your smartphone is to your monthly voice and data plan.

UN agency: Economy still sliding in Latin America, Caribbean

The Associated Press  |  Posted  Jul 26th - 1:32pm

Plummeting economies in Venezuela and Brazil are expected to drag Latin America into negative growth again this year, the U.N.'s Economic Commission for Latin America and the Caribbean reported Tuesday.

Petitioners seek more disclosure on fracking chemicals

Matthew Brown, Associated Press  |  Posted  Jul 26th - 1:30pm

Landowners, environmentalists and public health workers are asking Montana regulators to require companies to more fully divulge which "fracking" chemicals they use to produce oil and gas.

Feds: NYC bank burglars stole $5 million in cash, diamonds

Larry Neumeister, Associated Press  |  Posted  Jul 26th - 1:30pm

Bank burglars reminded New York's top police official of a Hollywood movie as they pulled off two nighttime heists, snatching about $5 million in cash, diamonds, jewelry, coins and baseball cards from safe deposit boxes before they were caught, authorities said Tuesday as they announced the arrest of three men.

2 dead in Azerbaijan defense plant blast

The Associated Press  |  Posted  Jul 26th - 1:21pm

Azerbaijan's Interior Ministry says two people have died in an explosion at a defense plant.

State wants debt erased for students of shuttered for-profit

The Associated Press  |  Posted  Jul 26th - 1:11pm

Massachusetts Attorney General Maura Healey is asking federal officials to forgive loans for 4,400 students who attended a for-profit college that admitted to misleading students.

Feds: Senate cafeteria workers will get $1 million back pay

The Associated Press  |  Posted  Jul 26th - 1:11pm

Hundreds of cafeteria workers who help feed senators and others in the Capitol and nearby office buildings will get back pay totaling more than $1 million because their private employers illegally underpaid them, the Labor Department said Tuesday.

Items fetch high prices at Four Seasons restaurant auction

The Associated Press  |  Posted  Jul 26th - 1:11pm

The interior of a New York City restaurant that for 57 years hosted power lunches for a must see crowd of business executives and celebrities is being auctioned off.

13th person sick in E coli-ground beef case

The Associated Press  |  Posted  Jul 26th - 1:01pm

As the investigation of an outbreak of E. coli bacteria associated with ground beef continues in New Hampshire, the Health Department says a 13th person has gotten sick since June.

UPDATED

$15 billion Volkswagen emissions deal clears 1st hurdle

Sudhin Thanawala, Associated Press  |  Posted  Jul 26th - 12:52pm

A nearly $15 billion settlement over Volkswagen's emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary approval to the deal that includes an option for owners to have the carmaker buy back their vehicles.

Investigators say Tesla car was speeding at time of crash

Joan Lowy, Associated Press  |  Posted  Jul 26th - 12:31pm

The driver killed when his Tesla sedan crashed while in self-driving mode was traveling at 9 mph above the speed limit just before hitting the side of a tractor-trailer, federal accident investigators said Tuesday.

Court strikes down Missouri law cutting jobless benefits

The Associated Press  |  Posted  Jul 26th - 12:31pm

The Missouri Supreme Court has struck down a law that had cut the duration of the state's unemployment benefits to one of the shortest periods in the nation.

Fiat Chrysler revises sales, shows streak ended in 2013

Tom Krisher, Associated Press  |  Posted  Jul 26th - 12:31pm

Fiat Chrysler has revised more than five years of U.S. sales figures and says a much-touted streak of 75 months of gains should have ended in 2013.

Settlement made in Iowa City apartment tenants' lawsuit

The Associated Press  |  Posted  Jul 26th - 12:21pm

A settlement has been approved after a class-action lawsuit was filed against an Iowa City off-campus student housing provider over illegal fees and the withholding of unreasonable amounts from security deposits.

Texas attorney general took gift while investigating company

Paul J. Weber, Associated Press  |  Posted  Jul 26th - 12:12pm

Texas' attorney general accepted a $100,000 gift to help pay his own criminal defense from the head of a medical imaging company that his office investigated for Medicaid fraud.

2 new lawsuits challenge Missouri cigarette tax proposal

The Associated Press  |  Posted  Jul 26th - 12:11pm

Opponents of a cigarette tax hike that would benefit early childhood programs have filed two new lawsuits seeking to block it from the November ballot.

White House drug official visits Rhode Island prison program

The Associated Press  |  Posted  Jul 26th - 12:01pm

A new Rhode Island prison program that provides medication-assisted treatment for opioid addiction is getting attention from the Obama administration's top drug official.

Nigeria's central bank hikes interest rate to 14 percent

The Associated Press  |  Posted  Jul 26th - 11:51am

The Central Bank of Nigeria has raised its benchmark interest rate to 14 percent, a 10-year high, as the naira currency continues its free-fall and the West African oil producer heads into recession.

In break from Trump, Paul Ryan defends NATO, trade deals

Scott Bauer, Associated Press  |  Posted  Jul 26th - 11:41am

House Speaker Paul Ryan vigorously defended the role of NATO and the importance of the United States leading the creation of free-trade agreements on Tuesday, breaking from positions taken by Republican presidential nominee Donald Trump.

Residents: Oil militants attack Lagos suburb, battle police

The Associated Press  |  Posted  Jul 26th - 11:20am

Residents say a boatload of armed oil militants attacked an outlying suburb of Lagos, Nigeria's commercial capital, looting and firing into the air as people fled.