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There's no minimum wage hike or property tax relief, but New York lawmakers did insert a tax cut for luxury yachts in this year's state budget agreement, the details of which emerged Monday just as lawmakers prepared to vote.
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Stocks gain on encouraging signs in spending and home sales

The Associated Press  |  posted 10 minutes ago
U.S. stock indexes are closing higher following encouraging news on consumer spending and home sales.
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US university, foundation invested in frozen Chinese stocks

Jeff Horwitz, Associated Press  |  posted Mar 30th - 1:11pm
The University of Michigan, defense contractor Lockheed Martin Corp. and a foundation helping Appalachian children all own stakes in an Asian investment fund backing two major Chinese companies, which froze their stocks late last week after failing to file their financial statements on time.
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1 of 2 victims of NYC explosion is officially identified

Meghan Barr, Associated Press  |  posted Mar 30th - 12:33pm
After two bodies were pulled from the rubble of an apartment building collapse, authorities shifted their focus to the cause of the massive explosion and fire and investigated the possibility that someone might have improperly tapped a gas line serving one of the buildings.
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Michigan entrepreneur claiming idea for Heinz Dip & Squeeze

Joe Mandak, Associated Press  |  posted 10 minutes ago
A Michigan food entrepreneur claims the "Little Dipper" condiment package he patented in 1997 led H.J. Heinz Co. to develop its Dip & Squeeze ketchup packets, which it rolled out in February 2010, lawyers in opening statements told a federal court jury in Pittsburgh on Monday.
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Late audits halt trading in Morgan Stanley-backed stocks

Jeff Horwitz, Associated Press  |  posted 39 minutes ago
Two major companies in a prominent $1.4 billion Asia investment fund managed by New York banking giant Morgan Stanley unexpectedly told securities regulators they will not file their financial statements on time and froze trading in their stocks, actions generally considered to be cause for concern.
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Grain mostly higher, livestock mixed

The Associated Press  |  posted 39 minutes ago
Grain futures were mostly higher Monday on the Chicago Board of Trade.
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Bernanke rejects charge of Fed 'throwing seniors under bus'

Martin Crutsinger, Associated Press  |  posted 59 minutes ago
Ben Bernanke no longer leads the Federal Reserve, but he's hardly letting up in his defense of the ultra-low-rate policies he engineered — and his successor, Janet Yellen, has continued.
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GNC reaches deal with NY AG over Herbal Plus products

The Associated Press  |  posted Mar 30th - 1:11pm
There's a deal between GNC and the office of New York's attorney general over the company's Herbal Plus products.
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Idaho House passes tax bill overhaul, hikes fuel tax 7 cents

Kimberlee Kruesi, Associated Press  |  posted Mar 30th - 1:01pm
An aggressive three-part proposal to eliminate sales tax on groceries, lower income taxes on Idaho's top earners while hiking the fuels tax by 7cents per gallon has passed the Idaho House.
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SEC files fraud charges against Lynn Tilton, firms

Marcy Gordon, Associated Press  |  posted Mar 30th - 1:01pm
Federal regulators filed civil fraud charges against prominent Wall Street executive Lynn Tilton and her investment firms, who are accused of concealing the poor performance of fund assets linked to loans to distressed companies.
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Hearing about Chinese drywall damage scheduled for April 28

Janet McConnaughey, Associated Press  |  posted Mar 30th - 1:01pm
A lawyer says last week's $3.2 million payment for Chinese drywall damage to seven houses is a good sign for thousands of others in at least six states.
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Obama to visit Utah base in first trip to state as president

The Associated Press  |  posted Mar 30th - 12:50pm
President Barack Obama is scheduled to make his first visit to Utah as president this week, the White House announced Monday.
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Tesla to unveil new product _ likely a battery _ next month

The Associated Press  |  posted Mar 30th - 12:50pm
Tesla Motors says it will reveal a new product next month, but it's not a car.
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GNC reaches deal with NY AG over Herbal Plus products

The Associated Press  |  posted Mar 30th - 12:41pm
GNC Holdings Inc. said Monday that it has reached a deal with New York Attorney General Eric Schneiderman over its Herbal Plus products.
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Lawmakers move on bonds despite complaints from colleges

Jeff Amy, Associated Press  |  posted Mar 30th - 12:31pm
Mississippi lawmakers are likely to agree to borrow a total of $450 million, including nearly $25 million to build an aquarium in Gulfport.
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