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Spring rebound for US economy sets stage for Fed rate hike

Martin Crutsinger, Associated Press  |  Posted  Jul 30th - 3:01pm

The U.S. economy isn't moving at warp speed, but it looks like it will be strong enough to handle an expected interest rate increase later this year.

US stocks eke out tiny gains after erasing an early loss

Ken Sweet, Associated Press  |  Posted  Jul 30th - 2:52pm

Stocks ended the day mostly flat on Thursday, recovering from broad losses earlier in the day. Investors continue to focus on corporate earnings, and Thursday's batch brought mostly disappointing results from Procter & Gamble, Facebook and others.

Congress heads off on vacation, putting off messy decisions

Erica Werner, Associated Press  |  Posted  Jul 30th - 2:41pm

Congress is heading out for a five-week summer recess in anything but a cheerful vacation mood, leaving behind a pile of unfinished business that all but guarantees a painful fall.

Meeting unions, Clinton offers support for $12 minimum wage

Lisa Lerer, Associated Press  |  Posted  Jul 30th - 2:31pm

Hillary Rodham Clinton on Thursday offered some support for a proposal in the Senate that would raise the federal minimum wage to $12 an hour, hinting that the higher rate sought by labor unions doesn't have enough support.

Spirit jet wheel ignites on landing in Dallas; no injuries

The Associated Press  |  Posted  Jul 30th - 3:31pm

No injuries were reported after a landing gear on a Spirit Airlines jet caught fire while landing at Dallas-Fort Worth International Airport.

Clinton charity donors surge amid Hillary Clinton's campaign

Stephen Braun and Ted Bridis, Associated Press  |  Posted  Jul 30th - 3:31pm

An updated list of donors to the Bill, Hillary and Chelsea Clinton Foundation shows a marked surge in donations and the numbers of contributors to the family charity in the first half of this year — at the same time that Hillary Rodham Clinton ramped up her campaign for the presidency.

Facebook ready to test giant drone for Internet service

Brandon Bailey, Associated Press  |  Posted  Jul 30th - 3:21pm

Facebook says it will begin test flights later this year for a solar-powered drone with a wingspan as big as a Boeing 737, in the next stage of its campaign to deliver Internet connectivity to remote parts of the world.

Venezuela's largest beer company suspends work at 2 plants

The Associated Press  |  Posted  Jul 30th - 3:11pm

Venezuela's largest beer manufacturer is shutting some of its plants because of a lack of imported barley.

Mexico ups dollar auction to $200 million to boost peso

The Associated Press  |  Posted  Jul 30th - 3:11pm

Mexico's central bank said Thursday it will increase dollar auctions from $52 million to $200 million per day through the end of September to stabilize the badly weakened peso.

Hospital manager offers rebuttal to LSU mismanagement claims

Melinda Deslatte, Associated Press  |  Posted  Jul 30th - 3:01pm

The foundation that manages LSU's Shreveport and Monroe hospitals under a privatization deal says it has sought to bring in an outside mediator to work out disputes with LSU, but the university has rejected the effort.

Judge mulls challenge to Arizona Medicaid plan hospital fee

Bob Christie, Associated Press  |  Posted  Jul 30th - 3:01pm

A lawyer representing 36 Republican lawmakers told a judge Thursday that keeping a hospital assessment in effect to help fund the state's Medicaid expansion would gut a voter-approved law requiring a two-thirds vote for tax increases.

Vegas-area coal plant owners to pay $4.3M to settle lawsuit

Ken Ritter, Associated Press  |  Posted  Jul 30th - 3:01pm

Owners of a soon-to-close coal-fired power plant outside Las Vegas are agreeing to pay $4.3 million to settle a lawsuit and clean up contamination that neighboring Native Americans blame for health problems and water pollution.

Saudi Arabia asks NY judge to drop it from Sept. 11 lawsuit

Larry Neumeister, Associated Press  |  Posted  Jul 30th - 3:01pm

Saudi Arabia had nothing to do with the Sept. 11 attacks and should be dismissed as a defendant in lawsuits brought by victims' families, a lawyer for the kingdom told a judge Thursday.

Fines ordered as long as ship blocked from heading to Arctic

Steven Dubois and Dan Joling, Associated Press  |  Posted  Jul 30th - 2:51pm

A federal judge in Alaska on Thursday ordered Greenpeace USA to pay a fine of $2,500 for every hour that protesters dangle from a bridge in Oregon and block a Royal Dutch Shell icebreaker from leaving for oil drilling in the Arctic.

Barge accident dents wind farm foundation off Rhode Island

The Associated Press  |  Posted  Jul 30th - 2:42pm

A barge accident off the coast of Rhode Island has dented the foundation of what will be the nation's first offshore wind farm.

Utah co-op health insurer lost $19.9M in first year

The Associated Press  |  Posted  Jul 30th - 2:42pm

A nonprofit Utah health insurer that received federal loans to get up and running lost nearly $20 million in its first year.

High-end indoor cycling chain SoulCycle files to go public

The Associated Press  |  Posted  Jul 30th - 2:42pm

SoulCycle, the high-end indoor cycling chain, is gearing up for Wall Street.

Medical device manufacturer agrees to $13.5M settlement

The Associated Press  |  Posted  Jul 30th - 2:31pm

Federal prosecutors say a medical device manufacturer has agreed to pay the U.S. $13.5 million over allegations of false claims for the company's devices.

Southeast Michigan man falls, dies while working on chimney

The Associated Press  |  Posted  Jul 30th - 2:31pm

Authorities in southeastern Michigan say a man was killed when a piece of lifting equipment flipped as he was working on a chimney.