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Worries about the soundness of a European bank pushed U.S. stocks lower Thursday and sent global investors hunting for less risky assets.
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Boehner, McConnell blast Obama border request

Alicia A. Caldwell, Erica Werner, Associated Press  |  posted Jul 10th - 10:11am
Congressional Republican leaders on Thursday blasted President Barack Obama's emergency spending request for the border crisis, saying Obama caused the problem and now wants Congress to sign off on more of the same.
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US stocks fall at midday over Portugal worries

The Associated Press  |  posted Jul 10th - 10:11am
U.S. stocks are lower at midday as fears about the health of a European bank weigh on the market.
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Market mood turns sour amid Portugal tensions

Pan Pylas, Associated Press  |  posted Jul 10th - 10:01am
Renewed financial jitters in Europe and the failure of U.S. indexes to break through key thresholds weighed on markets Thursday as investors grew skeptical over the outlook for stocks.
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Corbett signs budget, reduces Legislature's funds

Marc Levy, Mark Scolforo, Associated Press  |  posted Jul 10th - 10:01am
Gov. Tom Corbett signed the state budget 10 days late on Thursday and used his line-item veto to strike $65 million from the General Assembly's own appropriation, urging a renewed effort to curb public-sector pension benefits for newly hired teachers and state workers
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Hoping to project power, China finds itself alone

Jack Chang, Associated Press  |  posted Jul 10th - 10:01am
Nearly three decades after Chinese leader Deng Xiaoping famously instructed his diplomats to "be good at maintaining a low profile and never claim leadership," a new generation of rulers has made it clear that they're ready to shed the humility and show off their country's rising military and political power.
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Compounding pharmacy oversight changes signed

The Associated Press  |  posted 16 minutes ago
Massachusetts Gov. Deval Patrick has signed a law overhauling state oversight of compounding pharmacies.
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Gov. nominee: Use franchise tax for classroom

The Associated Press  |  posted 26 minutes ago
Democratic gubernatorial nominee Rep. Joe Dorman says he wants to earmark at least $35 million from Oklahoma's franchise tax for public education.
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STOCKS IN THE SPOTLIGHT

The Associated Press  |  posted 56 minutes ago
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.
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Senate panel backs tighter rules on political cash

Philip Elliott, Associated Press  |  posted 56 minutes ago
Members of the Democratic-controlled Senate Judiciary Committee on Thursday sent to their colleagues a long-shot proposed change to the Constitution that would reign in political spending.
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France pleads for new EU economic strategy

The Associated Press  |  posted Jul 10th - 10:11am
France's economy minister is blaming European authorities for the lack of growth in France and Europe, and says it's time for a new economic policy that shuns austerity measures.
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Beanie Babies creator defends probation sentence

The Associated Press  |  posted Jul 10th - 9:51am
Lawyers for the billionaire creator of Beanie Babies say a federal judge didn't let him off too easily by giving him probation and no prison time for hiding at least $25 million from U.S. tax authorities in Swiss banks.
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Portuguese bank fears rekindle euro market tension

Barry Hatton, Associated Press  |  posted Jul 10th - 9:51am
Worries over the health of one of Portugal's largest financial groups hit the country's stock market hard Thursday, pushing up its borrowing rates and unsettling investors across Europe.
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Elko officials hope to fly in more vacationers

The Associated Press  |  posted Jul 10th - 9:41am
Officials in Elko hope to persuade more out-of state visitors to fly into their small airport and spend their vacations in its casinos.
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Union official: Local coming for Volkswagen plant

The Associated Press  |  posted Jul 10th - 9:31am
An official with the United Auto Workers, which suffered a stinging defeat in its attempt to unionize Volkswagen's assembly plant in Tennessee earlier this year, said Thursday that it is forming a new local at the plant.
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