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Florida city settles with 2 men injured in Zombicon shooting

The Associated Press  |  Posted  Jan 18th - 1:44pm

The city of Fort Myers, Florida, has settled lawsuits with two people who were wounded during a shooting at a Zombicom festival.

State officials hope ruling moves case to US Supreme Court

The Associated Press  |  Posted  Jan 18th - 1:41pm

South Dakota officials are optimistic that a 1992 Supreme Court ruling saying sales taxes can't be collected from companies not physically present in the state can be overturned.

Credit Suisse to pay $5.3B over mortgage-backed securities

The Associated Press  |  Posted  Jan 18th - 1:41pm

Credit Suisse is paying $5.3 billion to settle claims that it misled investors about the quality of mortgage-backed securities that it sold in the lead-up to the 2008 financial crisis.

Study shows Facebook's growth as campaign news source

David Bauder, Associated Press  |  Posted  Jan 18th - 1:41pm

Donald Trump and Hillary Clinton voters had different media diets, but a study finds common ground in Facebook as an important news source — even if their individual feeds bore little resemblance to each other's.

Budget pick Mulvaney acknowledges payroll tax lapse

Andrew Taylor, Associated Press  |  Posted  Jan 18th - 1:41pm

Rep. Mick Mulvaney, President-elect Donald Trump's choice to run the White House budget office, failed to pay more than $15,000 in payroll taxes for a household worker more than a decade ago, prompting the Senate's top Democrat to issue a statement saying the lapse should disqualify his nomination.

American Airlines to sell restricted 'basic economy' ticket

David Koenig, Associated Press  |  Posted  Jan 18th - 1:31pm

The evolution of a caste system in the economy cabin of jetliners is deepening, with passengers divided and treated differently based on how much they are willing to pay the airline.

Colombia leader says peace talks to start with rebel group

Joshua Goodman, Associated Press  |  Posted  Jan 18th - 1:31pm

Colombia's second-largest rebel group has agreed to free a prominent politician that it has held captive for almost a year, clearing the way for repeatedly postponed peace talks to begin next month, President Juan Manuel Santos said Wednesday.

Idaho Democrats want loan forgiveness for rural teachers

The Associated Press  |  Posted  Jan 18th - 1:21pm

Idaho's few Democratic lawmakers want to grant student loan forgiveness for teachers working in rural areas.

Yellen says Fed close to achieving its economic goals

Martin Crutsinger, Associated Press  |  Posted  Jan 18th - 1:21pm

Federal Reserve Chair Janet Yellen says the economy has come a long way in recovering from the 2008 financial crisis, and the Fed is getting close to achieving its goals of maximum employment and stable inflation.

US stock indexes stay stuck; bond yields and dollar rise

Stan Choe, Associated Press  |  Posted  Jan 18th - 1:12pm

U.S. stock indexes stuck to their holding pattern Wednesday, as the Standard & Poor's 500 index entered its most listless stretch of trading in more than three years. Bond yields and the dollar resumed their moves higher.

The Latest: Experts warn of cyberattacks on infrastructure

The Associated Press  |  Posted  Jan 18th - 1:11pm

The Latest on the World Economic Forum in Davos, Switzerland (all times local):

Correction: Wind Energy story

The Associated Press  |  Posted  Jan 18th - 1:01pm

In a story Jan. 17 about a wind energy project, The Associated Press reported erroneously on the Long Island Power Authority's plans. LIPA spokesman Sid Nathan says the utility plans to vote on whether to award a contract to Deepwater Wind, not that it plans to award the contract.

Consumer agency sues Navient over student loan repayments

The Associated Press  |  Posted  Jan 18th - 1:01pm

Federal regulators have sued Navient, accusing the biggest U.S. student loan company of making it harder for borrowers to repay loans by giving them bad information, processing payments incorrectly and failing to act on complaints.

The Latest: George HW Bush in ICU, wife also hospitalized

The Associated Press  |  Posted  Jan 18th - 1:01pm

The Latest on the hospitalization of former President George H.W. Bush (all times local):

In break with Trump, EPA pick says climate change isn't hoax

Michael Biesecker and Matthew Daly, Associated Press  |  Posted  Jan 18th - 1:00pm

Donald Trump's choice to head the Environmental Protection Agency said Wednesday that climate change is real, breaking with both the president-elect and his own past statements.

New phosphate mine approved in southeastern Idaho

Keith Ridler, Associated Press  |  Posted  Jan 18th - 12:41pm

Two federal agencies have approved a 2.4-mile-long open pit phosphate mine proposed by a Canadian company in southeastern Idaho.

The Latest: Senate panel approves Mattis for defense post

The Associated Press  |  Posted  Jan 18th - 12:41pm

The Latest on Congress (all times EST):

Army plans Dakota Access oil pipeline environmental study

Blake Nicholson, Associated Press  |  Posted  Jan 18th - 12:24pm

The Army has started the process of launching a full environmental study of the $3.8 billion Dakota Access pipeline's disputed crossing of the Missouri River in North Dakota, though a federal judge could stop the effort.

Federal Reserve sees growth pickup at end of last year

Christopher S. Rugaber, Associated Press  |  Posted  Jan 18th - 12:22pm

The U.S. economy grew a bit faster at the end of last year, spurred by healthier sales for manufacturers and steady hiring that is slowly pushing up wages.