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Exxon fined $2M for Tillerson-era breach of Russia sanctions

Matthew Lee and Josh Lederman, Associated Press  |  Posted   Jul 20th - 11:42am

Exxon Mobil Corp. showed "reckless disregard" for U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant's CEO, the Treasury Department said Thursday. The U.S. fined the company $2 million.

House backs road in remote Alaska wildlife refuge

Matthew Daly, Associated Press  |  Posted   Jul 20th - 11:42am

The House has approved legislation allowing a proposed road through a remote national wildlife refuge in Alaska that was rejected by the Obama administration.

Budget office: GOP health bill adds 22 million uninsured

Alan Fram and Erica Werner, Associated Press  |  Posted   Jul 20th - 11:32am

A revised Republican health care bill would drive up the number of uninsured Americans by 22 million by 2026, the Congressional Budget Office estimated Thursday in a report unlikely to help GOP leaders persuade their party's senators to back the reeling legislation in an upcoming showdown vote.

US weekly requests for jobless aid fall to 233,000

The Associated Press  |  Posted   Jul 20th - 11:12am

Fewer Americans applied for jobless aid last week, as the number of people seeking benefits stayed near historic lows, pointing to a robust job market.

Prominent digital drug marketplaces knocked out in 1-2 punch

Raphael Satter and Frank Bajak, Associated Press  |  Posted   Jul 20th - 11:12am

Two of the world's most notorious darknet marketplaces have been knocked out in a one-two punch that officials say yielded a trove of new intelligence about the drug merchants that operate out of the hidden corners of the internet.

Texas A&M cites business conflict in removing provost

The Associated Press  |  Posted   Jul 20th - 10:39am

Texas A&M has removed a provost and executive vice president from her post after an audit found "significant" conflicts of interest after university contracts were awarded to a business run by her spouse.

Alexa, turn up my Kenmore AC; Sears cuts a deal with Amazon

The Associated Press  |  Posted   Jul 20th - 10:32am

Sears will begin selling its appliances on, including smart appliances that can be synced with Amazon's voice assistant, Alexa.

US stocks waver as earnings and central banks dominate

Marley Jay, Associated Press  |  Posted   Jul 20th - 10:32am

U.S. stocks are wavering between small gains and losses in early afternoon trading Thursday as some weak earnings put a dent in industrial and basic materials companies. Health care companies including Abbott Laboratories are rising as investors focus on quarterly results as well as the latest commentary from the European Central bank, which left its key interest rate unchanged. Major stock indexes closed at record highs a day earlier.

Honorably discharged veterans will soon get to shop tax-free

Josh Funk, Associated Press  |  Posted   Jul 20th - 10:04am

Hey veterans, you can soon shop tax free.

Markets Right Now: US stocks waver in midday trading

The Associated Press  |  Posted   Jul 20th - 10:02am

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

UK police get help from 9/11 experts in London fire recovery

Danica Kirka, Associated Press  |  Posted   Jul 20th - 9:52am

London police who are struggling to identify victims of the fire at the Grenfell Tower apartment building have sought help from experts with experience: those who worked on recovering victims following the Sept. 11 attacks in the U.S.

The Latest: McCain says he's grateful and will return soon

The Associated Press  |  Posted   Jul 20th - 9:46am

The Latest on Sen. John McCain being diagnosed with a brain tumor (all times local):

Avista sale needs approval from stockholders and regulators

The Associated Press  |  Posted   Jul 20th - 9:37am

The sale of Spokane-based Avista Corp. to a Canadian energy company must still win approval from shareholders and regulators.

Dakota Access developer's new pipeline rankling regulators

John Seewer, Associated Press  |  Posted   Jul 20th - 9:22am

The company that developed the Dakota Access oil pipeline is entangled in another fight, this time in Ohio where work on its multi-state natural gas pipeline has wrecked wetlands, flooded farm fields and flattened a 170-year-old farmhouse.

Greece waiting for 'right moment' for bond market return

The Associated Press  |  Posted   Jul 20th - 9:21am

Greece's government says it's waiting for the "right moment" to re-enter the bond market, playing down expectations of an issue by the end of the week.

European Central Bank's Draghi cagey on stimulus exit

David McHugh, Associated Press  |  Posted   Jul 20th - 9:02am

European Central Bank head Mario Draghi did his best Thursday to give no clear signal about the eventual withdrawal of a massive bond-purchase stimulus program, lest markets overreact.

Layoffs begin at Carrier plant that drew Trump's criticism

The Associated Press  |  Posted   Jul 20th - 8:51am

More than 300 Carrier Corp. workers are working their final day at the company's Indianapolis factory as part of an outsourcing of jobs to Mexico that drew criticism last year from then-presidential candidate Donald Trump.

Grain higher, livestock mixed

The Associated Press  |  Posted   Jul 20th - 8:43am

Grain futures were higher Thursday in early trading on the Chicago Board of Trade.

New Jersey city has Mexican flavor of the state of Puebla

Claudia Torrens, Associated Press  |  Posted   Jul 20th - 8:43am

The aroma of chiles and cinnamon fills the air, and bags of corn husk for making tamales fill Lino Cruz's food distribution business on a street here where three other businesses run by Mexican immigrants from the state of Puebla distribute fruits and vegetables from their country throughout the New York region.