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Jobs report shows two-track economy continues

The Associated Press  |  Posted  Dec 2nd - 2:01pm

The latest U.S. jobs report makes it clear that Donald Trump will be inheriting the same two-track economy that plagued his predecessor.

Grain mixed, livestock mixed

The Associated Press  |  Posted  Dec 2nd - 2:01pm

Grain futures were mixed Friday on the Chicago Board of Trade.

Memo: Trump backs pipeline based on policy, not investments

Matthew Daly, Associated Press  |  Posted  Dec 2nd - 2:01pm

President-elect Donald Trump supports completion of the disputed Dakota Access oil pipeline in the Midwest, based on policy and not the billionaire businessman's investments in a partnership building the $3.8 billion pipeline, according to an aide's memo.

Stocks tread water as big dividend payers jump and banks dip

Marley Jay, Associated Press  |  Posted  Dec 2nd - 1:52pm

Investors are making a small move back to traditionally safe assets Friday afternoon after rallying over the last few weeks. Bond prices are rising, as are real estate, telecommunication and household goods companies. Banks are falling as lower bond yields make it harder for them to make money from lending. The Dow Jones industrial average, which closed at a record high a day ago, is down slightly.

US health care tab hits $3.2T; fastest growth in 8 years

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Dec 2nd - 1:51pm

The nation's health care tab grew at the fastest rate in eight years in 2015, driven by the coverage expansion in President Barack Obama's law and by costly prescription drugs, the government said Friday.

Trump forms an advisory group of CEOs for input on jobs

Bernard Condon, Associated Press  |  Posted  Dec 2nd - 1:42pm

President-elect Donald Trump on Friday announced the formation of an advisory group of more than a dozen CEOs and business leaders who will offer input on how to create jobs and speed economic growth.

Trump transition balks at call for nominees' tax returns

Mary Clare Jalonick and Matthew Daly, Associated Press  |  Posted  Dec 2nd - 1:41pm

President-elect Donald Trump's transition team is pushing back on Senate Democrats' calls for all Cabinet nominees to release their tax returns, calling it a "PR stunt" and defending the Republican's picks as selfless, patriotic Americans.

United Airlines will pay $2.4 million to settle with SEC

The Associated Press  |  Posted  Dec 2nd - 1:41pm

The parent company of United Airlines will pay $2.4 million to settle civil charges by securities regulators over flights that were started to help an official who oversaw one of the airline's hub airports.

Woman pulled alive from collapsed building in South Dakota

James Nord, Associated Press  |  Posted  Dec 2nd - 1:41pm

Rescue workers pulled a woman, injured but alive, from the rubble of building that had collapsed nearly three hours earlier Friday in a South Dakota city.

Oldest maker of outdoor wear in US will be based in London

The Associated Press  |  Posted  Dec 2nd - 1:21pm

Pennsylvania's Woolrich Inc., the oldest manufacturer of outdoor wear in the United States, has merged with its European partner and will be headquartered in London.

FCC: AT&T, Verizon shouldn't exempt own apps from data caps

Tali Arbel, Associated Press  |  Posted  Dec 2nd - 1:12pm

U.S. regulators are calling out AT&T and Verizon for exempting their own video apps from data caps on customers' cellphones.

Adulation of Fidel Castro runs deepest in rural eastern Cuba

Andrea Rodriguez, Associated Press  |  Posted  Dec 2nd - 1:01pm

The single dirt street in El Guayabo runs past a few dozen cinderblock homes, the medical clinic and the primary school to a grove of 76 trees planted to honor Fidel Castro on his 76th birthday.

Canyon County commissioners kill plan to expand jail

The Associated Press  |  Posted  Dec 2nd - 12:34pm

Canyon County will not be expanding its jail but officials say they will consider a bond proposal for a new facility next year.

Mercosur suspends Venezuela for failure to follow rules

Hannah Dreier, Associated Press  |  Posted  Dec 2nd - 12:30pm

South American nations suspended Venezuela on Friday from the Mercosur trade group over what they said was its failure to comply with the commitments made when it joined the group in 2012.

Panel urges better cybersecurity to President-elect Trump

Tami Abdollah and Darlene Superville, Associated Press  |  Posted  Dec 2nd - 12:11pm

A national commission was set Friday to deliver urgent recommendations to improve the nation's cybersecurity, weeks before President-elect Donald Trump takes office. The report follows the worst hacking of U.S. government systems in history and accusations by the Obama administration that Russia meddled in the U.S. presidential election by hacking Democrats.

EPA to require mines to offer cleanup assurances

Matthew Brown, Associated Press  |  Posted  Dec 2nd - 12:01pm

The Environmental Protection Agency says it plans to require mining companies to show they have the financial wherewithal to clean up their pollution so taxpayers aren't stuck footing the bill.

Las Vegas welcomes 1st direct commercial flight from Beijing

The Associated Press  |  Posted  Dec 2nd - 12:01pm

A little glitz and a sampling of a Las Vegas Strip dance and acrobatic performance are marking the arrival of the first direct commercial airline flight from mainland China to Las Vegas.

BP to push ahead with big oil project in the Gulf of Mexico

The Associated Press  |  Posted  Dec 2nd - 12:01pm

BP PLC is moving ahead with a $9 billion oil project in the Gulf of Mexico after a cost-cutting redesign, a sign of confidence about future prices for crude.

Trump voter lost home, blames incoming Treasury secretary

Josh Boak and Jeff Horwitz, Associated Press  |  Posted  Dec 2nd - 11:50am

When Donald Trump named his Treasury secretary, Teena Colebrook felt her heart sink.