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The Latest: former Cambridge Analytica employee opens up

The Associated Press  |  Posted   Mar 19th - 10:36am

The Latest on Cambridge Analytica whistleblower (all times local):

Facebook and other tech stocks plunge as US indexes skid

Marley Jay, Associated Press  |  Posted   Mar 19th - 10:34am

A sharp loss for Facebook is dragging technology companies lower Monday as U.S. stock indexes skid. The social media company is facing new criticism related to privacy issues following reports a data mining firm working for the Trump campaign improperly obtained and then kept data on tens of millions of users. The stock is on pace for its biggest loss since 2012.

Facebook data whistleblower: 'fake news to the next level'

The Associated Press  |  Posted   Mar 19th - 10:24am

A Trump-affiliated firm under scrutiny for inappropriately obtaining data on tens of millions of Facebook users created profiling algorithms that "took fake news to the next level," a former employee said.

President of billionaire's firm resigns amid sexism lawsuit

Dave Collins, Associated Press  |  Posted   Mar 19th - 10:21am

The president of billionaire Steven Cohen's investment firm in Connecticut has resigned, shortly after the firm was sued over alleged hostile, sexist and discriminatory conduct by male executives.


Not handy? Walmart offers TV installers, furniture builders

Joseph Pisani, Associated Press  |  Posted   Mar 19th - 10:20am

Walmart doesn't just want to sell TVs and furniture — it wants to send a professional home to set them up, too.

Fed set to raise rates as Powell gives 1st news conference

Martin Crutsinger, Associated Press  |  Posted   Mar 19th - 10:18am

The Federal Reserve's first meeting under Jerome Powell's leadership will likely end Wednesday with an announcement that the Fed will resume its modest interest rate hikes.

Publisher Tronc names CEO Dearborn chairman of board

The Associated Press  |  Posted   Mar 19th - 10:16am

Newspaper publisher Tronc has named CEO Justin Dearborn as its chairman of the board, replacing Michael Ferro, who is retiring.

The Latest: NYC launches investigation into Kushner Cos.

The Associated Press  |  Posted   Mar 19th - 10:12am

The Latest on disclosures the Kushner Cos. filed false documents with the New York City (all times local):

Markets Right Now: Tech stocks lead market lower at midday

The Associated Press  |  Posted   Mar 19th - 10:02am

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

Claire's, the ear-piercing mall chain, files for bankruptcy

Joseph Pisani, Associated Press  |  Posted   Mar 19th - 10:00am

Claire's, the mall chain that has pierced the ears of millions of teens, has filed for Chapter 11 bankruptcy protection.

Greenpeace says brands refusing to reveal palm oil sources

The Associated Press  |  Posted   Mar 19th - 9:48am

Greenpeace says several major household brands including Hershey and Johnson & Johnson have failed to disclose where they get their palm oil from despite vows to stop buying from companies that cut down tropical forests to grow the widely used commodity.

Facebook shares sink more than 6 percent on privacy issues

The Associated Press  |  Posted   Mar 19th - 9:22am

Facebook shares fell more than 6 percent in morning trading as the social media company faced criticism following reports that a data mining company working for the Trump campaign improperly obtained and kept data on tens of millions of users during the 2016 election.

California pension fund faces pressure to divest from guns

Kathleen Ronayne, Associated Press  |  Posted   Mar 19th - 9:18am

Families of mass shooting victims are joining California State Treasurer John Chiang in calling on the nation's largest public pension fund to stop investing in companies that sell assault weapons and devices that allow guns to fire more rapidly.

Brazilian meatpacker sells US cattle feedlot operations

The Associated Press  |  Posted   Mar 19th - 9:15am

A Brazilian meatpacking company has sold its U.S.-based Five Rivers Cattle Feeding operation as part of a $1.8 billion divestment of assets.

In US-run drill, Iraqi SWAT team taught to respond to bombs

The Associated Press  |  Posted   Mar 19th - 9:14am

A SWAT team from Iraq's Anbar province observed U.S. instructors responding to a bomb threat in a drill at a U.S.-backed counter-terrorism training center in Jordan.

Gas prices in Salt Lake City area increasing

The Associated Press  |  Posted   Mar 19th - 8:55am

Gasoline prices in the Salt Lake City area have increased more than 2 cents in the past week.

EU trade chief demands exemption from US steel tariffs

The Associated Press  |  Posted   Mar 19th - 8:54am

The European Union's top trade official says the 28-nation bloc should be excluded from U.S. President Donald Trump's new steel and aluminum tariffs, which enter force this week.

Savannah mayor used St. Pat's visit to lobby Pence on harbor

The Associated Press  |  Posted   Mar 19th - 8:16am

The mayor of Savannah says he used Vice President Mike Pence's weekend visit for St. Patrick's Day to lobby for federal funding to deepen the city's busy shipping channel.

Shutdown looming, Congress and White House seek budget deal

Andrew Taylor, Associated Press  |  Posted   Mar 19th - 8:04am

Congressional leaders and the White House are pressing to strike an accord on a $1.3 trillion catchall spending bill, though disputes remain over immigration, abortion and a massive rail project that pits President Donald Trump against his most powerful Democratic adversary.

Amusement park company partners with college on new degree

The Associated Press  |  Posted   Mar 19th - 7:45am

The parent company for Ohio's Cedar Point amusement park is partnering with a nearby university to offer a new degree program to train students for management jobs in the tourism industry.