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Dow Jones industrial average reaches a 12th consecutive record high close

The Associated Press  |  Posted   Feb 27th - 2:07pm

Dow Jones industrial average reaches a 12th consecutive record high close.

Pressure on GOP to revamp health law grows, along with rifts

Alan Fram and Ricardo Alonso-Zaldivar, Associated Press  |  Posted   Feb 27th - 2:00pm

President Donald Trump declared Monday that "Nobody knew that health care could be so complicated." Yet the opposite has long been painfully obvious for top congressional Republicans, who face mounting pressure to scrap the law even as problems grow longer and knottier.

Report: Interior Dept law enforcement chief 'unprofessional'

Matthew Daly, Associated Press  |  Posted   Feb 27th - 1:46pm

The Interior Department's law enforcement director "demonstrated a pattern of unprofessional behavior" by touching and hugging female employees and making flirtatious remarks, the agency's inspector general said in a report released Monday.

The Latest: Takata pleads guilty to fraud in air bag case

The Associated Press  |  Posted   Feb 27th - 1:45pm

The Latest on Takata's guilty plea in an investigation of dangerous air bags (all times local):

Takata pleads guilty to fraud in air bag scandal that has killed at least 16

The Associated Press  |  Posted   Feb 27th - 1:45pm

Takata pleads guilty to fraud in air bag scandal that has killed at least 16.

UPDATED

White House: Trump budget will hike defense spending by $54B

Andrew Taylor and Julie Pace, Associated Press  |  Posted   Feb 27th - 1:38pm

The White House says President Donald Trump's upcoming budget will propose a whopping $54 billion increase in defense spending and impose corresponding cuts to domestic programs and foreign aid. The result is that Trump's initial budget wouldn't dent budget deficits projected to run about $500 billion.

Billionaire heads toward confirmation as Commerce secretary

Stephen Ohlemacher, Associated Press  |  Posted   Feb 27th - 1:16pm

Billionaire investor Wilbur Ross is headed toward confirmation as Commerce secretary in President Donald Trump's administration.

Trump warns health care system will "implode" unless fixed

Ken Thomas, Associated Press  |  Posted   Feb 27th - 1:10pm

President Donald Trump warned Monday that the nation's health care system was in danger of imploding and said Congress must make fundamental changes to the sweeping health law passed by his predecessor.

Drugmakers pledge restraint, but prices will still soar

Linda A. Johnson, Associated Press  |  Posted   Feb 27th - 1:08pm

Several big drugmakers are trying to quell the ongoing furor over high drug prices by revealing more information about their pricing and even pledging to keep a lid on increases.

The Latest: Schumer predicts 'Obamacare' will survive

The Associated Press  |  Posted   Feb 27th - 12:59pm

The Latest on President Donald Trump (all times local):

California dam spillway outflow slowed to clear debris

The Associated Press  |  Posted   Feb 27th - 12:43pm

California water authorities started slowing the outflow Monday from the Oroville Dam's crippled spillway to allow workers to remove debris blocking a hydroelectric plant from working.

Class rings from West Point grads are melted for new rings

Jennifer McDermott, Associated Press  |  Posted   Feb 27th - 12:30pm

A Rhode Island refinery melted class rings donated by U.S. Military Academy graduates on Monday in an annual tradition, so the gold can be used for new class rings.

Telecom giant MTN lists 2016 losses from Nigeria fine, forex

Michelle Faul, Associated Press  |  Posted   Feb 27th - 12:26pm

African telecommunications giant MTN warned shareholders Monday to expect big losses caused by a $1 billion regulatory fine in Nigeria, damaging foreign exchange rates and a share offering to promote black empowerment in South Africa.

Supreme Court skeptical of sex offender social media ban

Mark Sherman, Associated Press  |  Posted   Feb 27th - 12:07pm

With a nod to the importance of social media in American life, the Supreme Court signaled Monday it could strike down a North Carolina law that bars convicted sex offenders from Facebook, Twitter and other popular sites.

AT&T-Time Warner deal may have easier path to approval

Tali Arbel, Associated Press  |  Posted   Feb 27th - 11:54am

AT&T's $85 billion purchase of Time Warner may be getting an easier path to approval after the chief telecommunications regulator says it isn't likely to review the deal.

Liquor law bill would swap 'Zion Curtains' for buffer zones

The Associated Press  |  Posted   Feb 27th - 11:54am

A Utah lawmaker is unveiling a proposal overhauling liquor laws and allowing restaurants to get rid of barriers known as "Zion Curtains" but in exchange require a type of buffer zone around bars or areas where drinks are prepared.

Idaho Democrat rebuked during anti-profiling bill debate

The Associated Press  |  Posted   Feb 27th - 11:54am

An Idaho Democratic lawmaker sparked objections from Republican members Monday for using an anti-motorcycling profiling bill to promote amending the state's Human's Rights Act.

The Latest: Govs divided on health care after Trump meeting

The Associated Press  |  Posted   Feb 27th - 11:50am

The Latest on a gathering of the nation's governors in Washington (all times local):

Buffett's bite of Apple even bigger than thought

Josh Funk, Associated Press  |  Posted   Feb 27th - 11:34am

Billionaire Warren Buffett, famously leery of technology companies, has loaded up on Apple shares after noticing how inseparable iPhone users are from the gadget once they get one in their pocket.