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Puerto Rico faces bank closure, privatizations amid crisis

Danica Coto, Associated Press  |  Posted   Apr 28th - 4:17pm

Puerto Ricans will be facing a water rate increase, privatization of government operations and the closure of a bank that once oversaw the island's debt transactions, officials said Friday as they worked on measures to offset an economic crisis.

Huge Maryland apartment fire burned for days, now fully out

The Associated Press  |  Posted   Apr 28th - 4:17pm

A huge fire that burned for days in a six-story apartment building under construction in the Maryland suburbs of the nation's capital has now been declared extinguished.

The Latest: 2nd company shuts gas wells after deadly blast

The Associated Press  |  Posted   Apr 28th - 4:17pm

The Latest on a fatal house explosion near a Colorado gas well (all times local):

Federal energy regulator says she won't seek new term

Matthew Daly, Associated Press  |  Posted   Apr 28th - 3:55pm

One of the two remaining members of the Federal Energy Regulatory Commission says she will not seek a second term, a move that could leave the five-member panel with a single commissioner and further hobble its ability to make decisions.

Fears of losing pre-existing conditions protection under GOP

Ricardo Alonso-Zaldivar and Alan Fram, Associated Press  |  Posted   Apr 28th - 3:55pm

From cancer to addiction, doctors and patient groups are warning that the latest Republican health care bill would gut hard-won protections for people with pre-existing medical conditions. Some GOP moderates who may seal the legislation's fate are echoing those concerns.

Appeals court upholds decision to block Anthem bid for Cigna

Sam Hananel and Tom Murphy, Associated Press  |  Posted   Apr 28th - 3:55pm

A federal appeals court on Friday left in place a decision blocking Blue Cross-Blue Shield insurer Anthem's bid to buy rival Cigna, saying that a bigger company is not better for consumers.

California seeks control of unruly medical pot industry

Michael R. Blood, Associated Press  |  Posted   Apr 28th - 3:50pm

California is trying to get control of its unruly medical marijuana industry.

Robotic fruit pickers may help orchards with worker shortage

Nicholas K. Geranios, Associated Press  |  Posted   Apr 28th - 3:47pm

Harvesting Washington state's vast fruit orchards each year requires thousands of farmworkers, and many of them work illegally in the United States.

Oil-gas industry tries to reassure Colorado after explosion

Dan Elliott, Associated Press  |  Posted   Apr 28th - 3:36pm

An oil and gas industry group tried to reassure Colorado residents Friday that they are safe while investigators look for the cause of a fatal house explosion near a gas well.

Remote areas of Utah, Arizona brace for Navajo plant closure

The Associated Press  |  Posted   Apr 28th - 3:36pm

Officials in remote areas of Utah and Arizona say the recent decision to shut down a coal-fired power plant in northern Arizona is expected to cause about 1,000 job losses in an area already struggling with high unemployment.

Time board: company not for sale; stock plunges

The Associated Press  |  Posted   Apr 28th - 3:27pm

Time's stock tumbled Friday after the publisher said its board is not considering a sale of the company.

Congress settles for stopgap to avoid government shutdown

Erica Werner and Alan Fram, Associated Press  |  Posted   Apr 28th - 3:15pm

Congress took the easy way out to keep the government open on the eve of Donald Trump's 100th day in office, passing a weeklong stop-gap spending bill Friday that amounted to more of a defeat for the president than a victory.

The Latest: Congress passes stopgap spending bill

The Associated Press  |  Posted   Apr 28th - 3:10pm

The Latest on efforts in Congress to repeal the health care law and agree on a spending bill to keep the government open (all times local):

Alphabet, Amazon surge; Time Inc. and Starbucks fall

The Associated Press  |  Posted   Apr 28th - 2:55pm

Stocks that moved substantially or traded heavily Friday:

Strike halts much of Brazil to protest labor, pension laws

Mauricio Savarese and Yesica Fisch, Associated Press  |  Posted   Apr 28th - 2:55pm

Public transport largely came to a halt across much of Brazil on Friday as demonstrators blocked roads and clashed with police in a general strike to protest proposed changes to labor laws and the pension system.

Court agrees to hold off ruling on carbon restrictions

Michael Biesecker and Sam Hananel, Associated Press  |  Posted   Apr 28th - 2:55pm

In a blow to environmental groups, a federal appeals court agreed Friday to postpone a ruling on lawsuits that challenge Obama-era limits on carbon emissions.

Warren, Sanders unhappy by Wall Street-paid Obama speech

The Associated Press  |  Posted   Apr 28th - 2:46pm

U.S. Sens. Elizabeth Warren and Bernie Sanders are not happy about reports that former President Barack Obama will be paid $400,000 to speak at a September health care conference put on by the Wall Street firm Cantor Fitzgerald.

US economy expanded at weakest pace in 3 years

Martin Crutsinger, Associated Press  |  Posted   Apr 28th - 2:34pm

The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result fell far short of President Donald Trump's ambitious growth targets and underscores the challenges of accelerating economic expansion.

Apple ceases iPhone payments to Qualcomm, escalating feud

Michael Liedtke, Associated Press  |  Posted   Apr 28th - 2:13pm

Apple is refusing to pay any royalties owed to mobile chip maker Qualcomm for some of the features in the iPhone, escalating a patent feud that has turned the former business partners into bitter adversaries.

Alex Acosta sworn in as US labor secretary

Laurie Kellman, Associated Press  |  Posted   Apr 28th - 2:03pm

Vice President Mike Pence swore in Alex Acosta as the nation's new labor secretary Friday, filling out President Donald Trump's Cabinet as he approaches his 100th day in office.