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Alaska House, Senate negotiators reach deal on state budget

Becky Bohrer, Associated Press  |  Posted  May 31st - 12:31pm

Alaska House and Senate negotiators reached a deal on a state budget that restores funding for public schools, reduces a proposed cut to the university system and aims to prevent layoff warnings being sent to state workers.

Hungary does U-turn, says not seeking to drive out Uber app

The Associated Press  |  Posted  May 31st - 12:31pm

In an apparent policy U-turn, Hungary says it's not aiming to drive Uber from the country. Instead, the government wants to ensure that the ride-sharing app sticks to rules ensuring fair competition for all taxi companies.

Feds fine Idaho potato processor $273,000 after gas release

Keith Ridler, Associated Press  |  Posted  May 31st - 12:21pm

Federal authorities have fined an Idaho food processing company $273,000 following the release of a dangerous gas.

Carl Icahn says he bought a stake in Botox-maker Allergan

The Associated Press  |  Posted  May 31st - 12:20pm

Activist investor Carl Icahn says he bought a "large" stake in Botox-maker Allergan and said he's supportive of the company's CEO, Brent Saunders.

Already hurting for doctors, Louisiana could lose even more

Melinda Deslatte, Associated Press  |  Posted  May 31st - 12:11pm

Bahnsen Miller understands the challenges — and the damages — of Louisiana's budget woes firsthand. You can't ignore them if you've been in one of the state's doctor training programs, constantly at risk of calamity.

UK pound slides as polls indicate support for EU exit

The Associated Press  |  Posted  May 31st - 12:11pm

The British pound fell sharply Tuesday after two opinion polls for The Guardian newspaper indicated support for a British exit from the 28-country European Union in next month's referendum.

The Latest: $60-120 per-pupil hike OK'd; test remains intact

The Associated Press  |  Posted  May 31st - 12:00pm

The Latest on Michigan's state budget (all times local):

EU office estimates almost $1 billion in graft last year

The Associated Press  |  Posted  May 31st - 11:40am

The European Union's anti-fraud office said that almost $1 billion of the bloc's budget was lost to graft and irregularities last year.

Victim of shark attack expected to survive, hospital says

The Associated Press  |  Posted  May 31st - 11:20am

A swimmer was expected to survive after a shark left her with large bite marks during an attack in Southern California that has shut down popular beaches for days, a hospital confirmed.

Illinois governor wants temporary budget fix amid stalemate

Ivan Moreno, Associated Press  |  Posted  May 31st - 11:20am

Illinois Gov. Bruce Rauner proposed a short-term budget fix on Tuesday in a last-ditch effort to give the state some temporary stability during a nearly yearlong spat between the Republican and Democratic lawmakers over a spending plan.

Q&A: Illinois heading toward 2nd year with no state budget

Sara Burnett, Associated Press  |  Posted  May 31st - 11:10am

Illinois is heading toward a second year without a state budget, putting some schools and colleges in jeopardy of closing and all but ensuring more social services and state programs will be cut amid a legislative standoff unlike anything the state has ever seen.

NC insurers propose increases under Affordable Care Act

Emery P. Dalesio, Associated Press  |  Posted  May 31st - 11:00am

North Carolina's largest health insurer says it wants to raise rates by an average of almost 19 percent next year on broadly subsidized policies sold to individuals.

High court sides with property owners in wetlands case

Sam Hananel, Associated Press  |  Posted  May 31st - 10:52am

The Supreme Court is making it easier for landowners to bring a court challenge when federal regulators try to restrict property development due to concerns about water pollution.

The Latest: Democrats won't take up temporary budget Tuesday

The Associated Press  |  Posted  May 31st - 10:50am

The Latest on the last day of the Illinois legislative session as lawmakers and the governor try to end an 11-month budget standoff (all times local):

GOP's Portman releases 1st TV ads in US Senate race in Ohio

Julie Carr Smyth, Associated Press  |  Posted  May 31st - 10:40am

U.S. Sen. Rob Portman touts his efforts to tackle heroin addiction in the first statewide television ads of his 2016 re-election campaign to be aired beginning Wednesday.

Justice Dept. pushes back against Texas judge's sanctions

Eric Tucker, Associated Press  |  Posted  May 31st - 10:30am

The Justice Department pushed back Tuesday against a Texas judge's demand that its lawyers attend an ethics course, saying the sanction is inappropriate and could cost the government and taxpayers millions of dollars.

Great Plains Energy to buy Westar for about $8.6 billion

The Associated Press  |  Posted  May 31st - 10:00am

Great Plains Energy is buying rival Westar for about $8.6 billion, creating one large power provider in Kansas and Missouri with more than 1.5 million customers in.

Finland to seek EU aid to cope with Microsoft, Nokia layoffs

The Associated Press  |  Posted  May 31st - 10:00am

Finland says it will apply for EU help to deal with recent redundancies, particularly among workers at Microsoft and Nokia.

Markets Right Now: Stocks are mixed in midday trading

The Associated Press  |  Posted  May 31st - 10:00am

The latest on developments in global financial markets (all times local):