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Official: Bristol-Myers Squibb to pay to settle allegations

The Associated Press  |  Posted  Dec 8th - 7:01pm

Bristol-Myers Squibb Co. will pay $19.5 million to settle allegations that it promoted the anti-psychotic drug Abilify for unapproved uses and misled doctors about its dangers, it was announced Thursday.

Fast-food CEO, Trump's pick for Labor, on racy fast-food ads

Candice Choi, Associated Press  |  Posted  Dec 8th - 6:31pm

Andrew Puzder, who heads the company that owns Carl's Jr. and Hardee's, was tapped Thursday to head the Labor Department by President-elect Donald Trump.

Gov't proposal envisions phone calls on airline flights

Joan Lowy and David Koenig, Associated Press  |  Posted  Dec 8th - 6:20pm

Airlines could let passengers make in-flight phone calls using Wi-Fi under a proposal from federal regulators.

Trump chooses former WWE exec McMahon for small business

Susan Haigh and Julie Bykowicz, Associated Press  |  Posted  Dec 8th - 6:10pm

President-elect Donald Trump is naming former wrestling executive Linda McMahon to lead the Small Business Administration.

Washington state suing agrochemical giant over PCB pollution

Gene Johnson, Associated Press  |  Posted  Dec 8th - 6:03pm

Washington on Thursday became the first U.S. state to sue the agrochemical giant Monsanto over pervasive pollution from PCBs, the toxic industrial chemicals that have accumulated in plants, fish and people around the globe for decades.

Apple chief Tim Cook picked to give MIT commencement speech

The Associated Press  |  Posted  Dec 8th - 5:32pm

The Massachusetts Institute of Technology has chosen Apple CEO Tim Cook to deliver its 2017 commencement address.

Missouri court strikes law denying bail to some immigrants

David A. Lieb, Associated Press  |  Posted  Dec 8th - 5:11pm

The Missouri Supreme Court struck down a state law Thursday that denies bail to criminal defendants who cannot prove they are legally present in the U.S.

Woman described as Canada's Rosa Parks to appear on banknote

The Associated Press  |  Posted  Dec 8th - 5:11pm

A black woman often described as Canada's Rosa Parks for her 1946 decision to sit in a whites-only section of a Nova Scotia movie theater will be the first Canadian woman to be celebrated on the face of a Canadian banknote.

Idaho projected to see $139M surplus

Kimberlee Kruesi, Associated Press  |  Posted  Dec 8th - 4:54pm

Idaho could be on track to finish the fiscal year with $139 million in surplus tax revenue if a new forecast released Thursday holds true.

Harry Reid bids farewell to Senate after 30 years

Erica Werner, Associated Press  |  Posted  Dec 8th - 4:42pm

Sen. Harry Reid bid farewell to the Senate Thursday after 30 years in the chamber and more than a decade as top Democrat, a remarkable run during which he shepherded key Obama administration legislation including the sweeping health care law.

House passes stopgap measure as senators raise objections

Andrew Taylor and Richard Lardner, Associated Press  |  Posted  Dec 8th - 4:10pm

The House on Thursday cleared bills to keep the government running through April and authorize hundreds of water projects, but a Senate fight over benefits for retired coal miners threatened to lead to a government shutdown this weekend.

Americans' odds of earning more than parents have plunged

Christopher S. Rugaber, Associated Press  |  Posted  Dec 8th - 4:01pm

The likelihood that young adults will earn more than their parents has plummeted in recent decades, a study has found, fueling concerns that the American dream of steady upward mobility is foundering amid a widening wealth gap.

Big Wyoming wind project closing in on federal eagle permit

Mead Gruver, Associated Press  |  Posted  Dec 8th - 3:50pm

One of the biggest wind energy projects under development in the U.S. got closer Thursday to securing a federal permit to kill a limited number of eagles without facing the prospect of a penalty.

Weather affects oil pipeline spill cleanup in North Dakota

James MacPherson, Associated Press  |  Posted  Dec 8th - 3:41pm

A company with a history of oil field-related spills in North Dakota and Montana is being hampered by winter weather in its cleanup of a "significant" pipeline break that leaked crude oil into a tributary of the Little Missouri River in western North Dakota, a regulator said Thursday.

Los Angeles sues 4 retailers alleging deceptive ads

The Associated Press  |  Posted  Dec 8th - 3:41pm

Los Angeles prosecutors on Thursday sued four national retailers, accusing them of duping shoppers into believing they got bigger discounts than they actually did.

Trump picks fast food executive Andrew Puzder for Labor

Julie Bykowicz and Alan Fram, Associated Press  |  Posted  Dec 8th - 3:40pm

President-elect Donald Trump plans to add another wealthy business person and elite donor to his Cabinet, saying he would nominate fast-food executive Andrew Puzder as labor secretary.

Port Authority split on 10-year plan, New York bus terminal

David Porter, Associated Press  |  Posted  Dec 8th - 3:31pm

Another board meeting of the region's major transportation agency on Thursday produced few answers and continuing uncertainty over how the agency will spend its money over the next decade, particularly on a replacement for the nation's busiest bus terminal, a battleground pitting New York and New Jersey factions.

Coke targets "foodies" as more people move away from sodas

Candice Choi, Associated Press  |  Posted  Dec 8th - 3:11pm

What beverage goes best with lobster rolls, a bagel sandwich stuffed with whitefish, or a bowl of ramen? Coke wants you to think of soda.

Gains for banks and materials lead stocks to all-time highs

Marley Jay, Associated Press  |  Posted  Dec 8th - 3:11pm

After a quiet start, major U.S. stock indexes again set all-time highs Thursday as the market built on a surge the previous day. Banks continued to lead the way as bond yields jumped, and small-company stocks soared again.