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Mexico awards first deep-water oil agreement

The Associated Press  |  Posted  Dec 5th - 7:53pm

Mexico's state-owned oil company Pemex said Monday that it has awarded its first contract with a private firm for a joint operating agreement in deep-water oil drilling.

Live on TV: Moment of reckoning for S. Korean business elite

Youkyung Lee, Associated Press  |  Posted  Dec 5th - 7:50pm

It's a rare moment of public reckoning for South Korea's most powerful business leaders, courtesy of the country's biggest political scandal in years.

Rolling Stone challenges verdict in UVa defamation case

Alanna Durkin Richer, Associated Press  |  Posted  Dec 5th - 7:31pm

Rolling Stone magazine urged a federal judge on Monday to overturn the verdict of a jury, which found that the publication and a reporter defamed a University of Virginia administrator with their botched story about a gang rape on campus.

11 trapped in China's latest coal mine accident

The Associated Press  |  Posted  Dec 5th - 7:21pm

A gas explosion has trapped 11 Chinese coal miners underground, after 53 miners were killed in two similar blasts last week.

Correction: Oil Pipeline-Protest-The Latest story

The Associated Press  |  Posted  Dec 5th - 6:30pm

In a story Dec. 4 about developments in the dispute over the Dakota Access oil pipeline, The Associated Press reported erroneously in several separate items that the U.S. Army Corps of Engineers said that it wouldn't grant an easement for the project. The Army issued the decision to not approve the easement at this time.

Former Fed official Edward W. 'Mike' Kelley Jr. dies at 84

Martin Crutsinger, Associated Press  |  Posted  Dec 5th - 6:20pm

Edward W. "Mike" Kelley Jr., who served 14 years as a member of the Federal Reserve Board and was instrumental in modernizing the banking operations of the Federal Reserve system, has died. He was 84.

No experience needed: Trump taps Carson for HUD secretary

Jonathan Lemire, Associated Press  |  Posted  Dec 5th - 6:10pm

Donald Trump chose retired neurosurgeon Ben Carson on Monday to be secretary of the Department of Housing and Urban Development, raising fresh concerns about the lack of experience some of Trump's Cabinet picks have with agencies they're now being chosen to lead.

Mexico minimum wage rises to 80 pesos, falls in dollar terms

The Associated Press  |  Posted  Dec 5th - 6:00pm

Mexico has increased its minimum wage to just over 80 pesos a day, though its dollar value is down due to the peso's devaluation.

2 doors of Wal-Mart founder's first store donated to museums

The Associated Press  |  Posted  Dec 5th - 5:50pm

Two doors from the first store owned by Wal-Mart founder Sam Walton have been donated to the Smithsonian's National Museum of American History in Washington and The Walmart Museum in Bentonville, Arkansas.

Bolivia: Crashed jet's company left trail of unpaid debts

Carlos Valdez, Associated Press  |  Posted  Dec 5th - 5:40pm

The airline involved in last week's crash in the Andes left a trail of unpaid bills that forced Bolivia's air force to seize two planes and briefly jail one of the company's owners, Bolivian Defense Minister Reymi Ferreira said Monday.

The Latest: Trump, family members dining at 21 Club

The Associated Press  |  Posted  Dec 5th - 5:30pm

The Latest on President-elect Donald Trump (all times EST):

United Airlines mechanics approve contract

The Associated Press  |  Posted  Dec 5th - 5:30pm

Mechanics at United Airlines have approved a six-year labor deal, the latest in a string of pay-raising contracts in the now profitable industry.

Power line to link Canada, New England gets key US permit

Dave Gram, Associated Press  |  Posted  Dec 5th - 5:11pm

A power line planned to run under Lake Champlain and link suppliers in Canada with consumers in southern New England has won a key federal permit, clearing its last big regulatory hurdle.

Bill speeding federal drug approvals clears Senate hurdle

Alan Fram and Andrew Taylor, Associated Press  |  Posted  Dec 5th - 5:11pm

A bipartisan bill to speed government drug approvals and bolster biomedical research cleared its last procedural hurdle in the Senate on Monday in an emotional moment for outgoing Vice President Joe Biden.

Prosecutor's office paid bitcoin ransom in cyberattack

Joe Mandak, Associated Press  |  Posted  Dec 5th - 5:00pm

A state prosecutor's office in Pennsylvania was among hundreds of thousands of victims of a now-shuttered international cybercrime operation, paying nearly $1,400 in a bitcoin ransom to free up its infected computer network, authorities disclosed Monday.

Tech companies move to target terrorist propaganda online

Tami Abdollah, Associated Press  |  Posted  Dec 5th - 5:00pm

Facebook, Microsoft, Twitter and YouTube are joining forces to more quickly identify the worst terrorist propaganda and prevent it from spreading online.

Trump not saying what he'll do about Dakota Access pipeline

James MacPherson and Blake Nicholson, Associated Press  |  Posted  Dec 5th - 5:00pm

Industry leaders are urging President-elect Donald Trump to make approval of the disputed Dakota Access oil pipeline a "top priority" when he takes office next month, while opponents who have protested the project for months are vowing to stay put on their sprawling North Dakota encampment despite harsh winter weather and a tribal leaders' call to leave.

Winter menaces N. Dakota camp as pipeline protesters dig in

James MacPherson, Associated Press  |  Posted  Dec 5th - 4:43pm

So far, the hundreds of protesters fighting the Dakota Access pipeline have shrugged off the heavy snow, icy winds and frigid temperatures that have swirled around their large encampment on the North Dakota grasslands.

Dallas mayor files lawsuit to stop pension withdrawals

Claudia Lauer, Associated Press  |  Posted  Dec 5th - 4:42pm

Dallas Mayor Mike Rawlings filed a lawsuit Monday seeking to stop the Dallas Police and Fire Pension system from allowing retirees to pull their deferred retirement funds from the ailing system.