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Puerto Rico governor wants fewer austerity measures

Danica Coto, Associated Press  |  Posted   Mar 1st - 12:04pm

Puerto Rico's governor submitted an austerity plan made public on Wednesday that would cut deeply into the U.S. territory's budget while avoiding some of the most painful measures recommended by a federal control board that is overseeing the island's effort to confront a debt crisis that has led to repeated defaults.

Fed survey finds economy growing at moderate pace

Martin Crutsinger, Associated Press  |  Posted   Mar 1st - 12:04pm

The Federal Reserve says the U.S. economy has been growing at a moderate pace, helped by sustained gains in consumer spending.

Argentina prosecutor launches probe into Macri over Avianca

The Associated Press  |  Posted   Mar 1st - 12:04pm

A prosecutor in Argentina is launching an investigation into allegations President Mauricio Macri improperly granted routes to Colombia's Avianca airlines, which recently purchased a company from his family.

Car parts maker says scam got tax info for 2,400 workers

The Associated Press  |  Posted   Mar 1st - 11:57am

A Swiss company said Wednesday income tax information was stolen for about 2,400 workers in the United States, putting them at risk of identity theft just as many are awaiting tax refunds.

Native American tribes pressure feds on oil, gas drilling

Susan Montoya Bryan, Associated Press  |  Posted   Mar 1st - 11:49am

Leaders from the nation's largest Native American reservation and pueblos throughout New Mexico are putting more pressure on federal land managers to curb oil and gas development in the northwest corner of the state.

Waldorf Astoria hotel closing for transformative makeover

Verena Dobnik, Associated Press  |  Posted   Mar 1st - 11:45am

The word "grand" matched few hotels in the world better than New York City's Waldorf Astoria, but this bastion of gilded splendor is now closing for two to three years for a transformative makeover.

GOP: Trump budget plan cuts both too deeply and not enough

Andrew Taylor, Associated Press  |  Posted   Mar 1st - 11:45am

Several congressional Republicans are panning the emerging outlines of President Donald Trump's first budget, complaining that he's cutting too much from already lean department accounts while leaving untouched the massive benefit programs blamed for the nation's deficits.


Trump speech leaves GOP encouraged, but still divided

Erica Werner, Associated Press  |  Posted   Mar 1st - 11:41am

President Donald Trump's first speech to Congress left Republicans encouraged and enthusiastic Wednesday, yet still confronting thorny divisions on health care, taxes and more.

AP Exclusive: Taxes could flow with Dakota Access pipeline

James MacPherson, Associated Press  |  Posted   Mar 1st - 11:40am

North Dakota stands to gain more than $110 million annually in tax revenue after oil begins coursing through the Dakota Access pipeline, an analysis by The Associated Press shows.

AP FACT CHECK: Trump jumps the gun on NATO, jobs claims

Calvin Woodward and Christopher S. Rugaber, Associated Press  |  Posted   Mar 1st - 11:40am

President Donald Trump boasted in his speech to Congress that new money "is pouring in" from NATO partners, which it isn't. He also took credit for corporate job expansion and military cost savings that actually took root under his predecessor.

Oscar winner Affleck speaks about sexual harassment claims

The Associated Press  |  Posted   Mar 1st - 11:40am

In an interview following his Oscar win on Sunday, Casey Affleck addressed earlier sexual harassment claims against him and said "everyone deserves to be treated with respect in the workplace and everywhere else."

Plan to make Utah's DUI limit stricter passes latest hurdle

Hallie Golden, Associated Press  |  Posted   Mar 1st - 11:30am

Utah lawmakers have backed a proposal that could make the state's DUI threshold the strictest in the nation by lowering the blood-alcohol content limit to 0.05 percent.

Panel OKs bill allowing restaurant diners to see drinks made

The Associated Press  |  Posted   Mar 1st - 11:24am

A bill allowing Utah restaurants to stop shielding diners from seeing alcoholic drinks being prepared has cleared the first of several votes it needs to pass.

McDonald's to offer mobile order-and-pay toward end of 2017

The Associated Press  |  Posted   Mar 1st - 11:19am

McDonald's Corp. says it will launch mobile order-and-pay and curbside pickup across its U.S. restaurants toward the end of the year.

Pepsi to lay off 80 to 100 workers, citing Philadelphia tax

The Associated Press  |  Posted   Mar 1st - 11:18am

Pepsi says slumping sales from Philadelphia's new sweetened-beverage tax are prompting layoffs of 80 to 100 workers at three distribution plants that serve the city.

Illinois Senate faces tough votes on taxes, school funding

John O'Connor and Kiannah Sepeda-Miller, Associated Press  |  Posted   Mar 1st - 11:00am

Illinois senators faced critical votes Wednesday on a plan to break the state's historic budget stalemate, including separate measures that would hike income taxes and freeze property taxes.

Former ABC News employees urge strong stand against Trump

David Bauder, Associated Press  |  Posted   Mar 1st - 11:00am

More than 230 former ABC News correspondents, executives and producers have signed a letter urging the network's current top executive to take a firm stand against any Trump administration effort to curtail press access.

US construction spending drops 1 percent in January

Martin Crutsinger, Associated Press  |  Posted   Mar 1st - 10:38am

Builders cut back on construction spending in January by the largest amount in nine months, with weakness stemming from the biggest reduction in government activity in nearly 15 years.

US factories grew last month at fastest pace since 2014

Paul Wiseman, Associated Press  |  Posted   Mar 1st - 10:38am

American factories expanded last month at the fastest pace in more than two years.

New Exxon CEO says company will boost production

The Associated Press  |  Posted   Mar 1st - 10:26am

Exxon's new CEO says the company will increase production and has a mix of projects to handle any level of oil and gas prices.