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Stocks advance in solid start to December trading

Ken Sweet, Associated Press  |  Posted  Dec 1st - 2:50pm

Stocks started off December on a strong note, helped by improving economic data from Japan and Europe as well as hopes that the European Central Bank will expand its stimulus program. Trading remained relatively quiet ahead of the release later this week of the U.S. government's monthly jobs survey and a Federal Reserve meeting later this month.

Cybersecurity bill would add secrecy to public records laws

Tami Abdollah, Associated Press  |  Posted  Dec 1st - 2:10pm

A proposed law meant to encourage companies to share information about cyberthreats with the U.S. government includes measures that could significantly limit what details, if any, the public can review about the program through federal and state public records laws.

Report: Drug maker was focused on profits, not patients

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Dec 1st - 2:00pm

The makers of a breakthrough hepatitis drug put profits before patients in pricing the $1,000 pill that's become a symbol of the excessive cost of medications, Senate investigators said Tuesday.

Volkswagen brand US sales fall nearly 25 percent in November

Dee-Ann Durbin, Associated Press  |  Posted  Dec 1st - 1:51pm

Volkswagen's emissions-cheating scandal took a serious bite out of the company's U.S. sales last month.

Ford adding 2,000 jobs to make 2017 aluminum-body Super Duty

Bruce Schreiner, Associated Press  |  Posted  Dec 1st - 1:40pm

Ford Motor Co. said Tuesday that it will add 2,000 jobs and invest $1.3 billion at the Kentucky Truck Plant to support production of new aluminum-body Super Duty trucks, deepening the automaker's ties to a city where it has two large production facilities.

Puerto Rico makes debt payment, warns of dwindling funds

Danica Coto and Mary Clare Jalonick, Associated Press  |  Posted  Dec 1st - 12:50pm

Puerto Rico narrowly avoided a multimillion-dollar default on Tuesday by announcing a last-minute bond payment while warning that a deepening financial crisis has forced the government to divert money slated for future debt payments to avoid a shutdown of basic services.

Texas governor makes little progress on Cuba business trip

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

Texas Gov. Greg Abbott has enjoyed dinner and a private concert in Havana but hasn't made much traction so far in finding opportunities for Texas businesses on a three-day trip to Cuba.

The Cosmopolitan casino-resort agrees to union contract

Kimberly Pierceall, Associated Press  |  Posted  Dec 1st - 2:31pm

Five years after workers first sought union representation and two years after angry labor protests led to arrests, the Culinary Union has brokered a deal with The Cosmopolitan Las Vegas to represent the casino-resort's more than 2,000 workers.

Nevada agency left Social Security data vulnerable

Michelle Rindels, Associated Press  |  Posted  Dec 1st - 2:11pm

The Nevada agency that ensures mobile homes are safe has been collecting Social Security numbers even though it's not allowed to, and hasn't been encrypting them or taking other precautions against hackers and thieves, according to state auditors.

Grain mixed livestock lower

The Associated Press  |  Posted  Dec 1st - 1:51pm

Grain futures were mostly higher Tuesday on the Chicago Board of Trade.

Gold down, silver up

The Associated Press  |  Posted  Dec 1st - 1:51pm

The December gold contract on the New York Mercantile Exchange closed today at $1063.80 an ounce -- down $2.00.

Henderson police officer sues city, claims gender bias

The Associated Press  |  Posted  Dec 1st - 1:21pm

A Henderson police officer is suing the city, alleging that male colleagues discriminated against her because she's a woman and retaliated against her when she complained.

Polish government to pay families to have more children

The Associated Press  |  Posted  Dec 1st - 1:20pm

Poland's new government has approved a program of family bonuses that is intended to reverse the declining birth rate.

Report: Boost number of people with post-high school degree

The Associated Press  |  Posted  Dec 1st - 1:10pm

A report says Michigan needs 779,000 more residents with a post-secondary degree or certificate within 10 years to meet employer needs and join the ranks of best-educated states, a sizable increase from current levels.

NY regulators propose new steps against terrorism financing

Michael Virtanen, Associated Press  |  Posted  Dec 1st - 1:02pm

New York regulators on Tuesday proposed requiring banks to annually certify having sufficient programs to deter terrorism financing and money laundering.

Auto makers mostly enjoy strong sales in November, Volkswagen struggles

The Associated Press  |  Posted  Dec 1st - 1:00pm

Thanks partly to Black Friday promotions, most automakers are reporting booming sales last month.

Copper clothing maker to settle on deceptive ads

The Associated Press  |  Posted  Dec 1st - 1:00pm

A company that makes copper-infused clothing agreed to pay $1.35 million to settle government charges that it falsely claimed that its garments could relieve pain and inflammation caused by arthritis, multiple sclerosis and other diseases.

Congress reaches deal on 5-year transportation bill

Joan Lowy, Associated Press  |  Posted  Dec 1st - 12:40pm

The House and Senate have reached agreement on a 5-year, $281 billion transportation bill that would increase spending to address the nation's aging and congested highways and transit systems — a legislative feat that lawmakers and President Barack Obama have struggled throughout his entire administration to achieve.

Protesters object to plan to take UNC Book Store private

The Associated Press  |  Posted  Dec 1st - 12:21pm

Students, professors and some state workers are protesting against a proposal to privatize the University of North Carolina Chapel Hill's bookstore.

Brazil's economic downturn deepens with further GDP drop

Adriana Gomez Licon, Associated Press  |  Posted  Dec 1st - 11:50am

Latin America's largest economy has shrunk even more than expected, increasing fears about the well-being of a nation hammered by falling commodity prices and a massive corruption scandal.