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Emergency rule prohibits most anchoring in Michigan waterway

The Associated Press  |  Posted   May 24th - 9:51am

Michigan's governor has approved an emergency rule prohibiting most vessels from dropping anchor in a waterway where oil, electric and other infrastructure cables rest.

Deutsche Bank to slash thousands of jobs to control costs

David McHugh, Associated Press  |  Posted   May 24th - 9:49am

Deutsche Bank is slashing thousands of jobs as Germany's largest lender refocuses its global investment banking business on Europe and seeks to return to steady profitability.

Best Buy posts strong sales, but investors sour on outlook

Anne D'Innocenzio and Damian J. Troise, Associated Press  |  Posted   May 24th - 9:49am

Best Buy posted strong sales of mobile phones, appliances, and smart computing products as it showed in its financial results that store chains can still thrive as shoppers buy more online.

Disputed pipeline backed by Trump is focus of court hearing

Matthew Brown, Associated Press  |  Posted   May 24th - 9:49am

Trump administration attorneys were due in a Montana courtroom Thursday to defend the disputed Keystone XL oil sands pipeline against environmental groups and Native American groups that want to derail the project.

Car-sharing service car2go suspending operations in Toronto

Rob Gillies, Associated Press  |  Posted   May 24th - 9:41am

The car-sharing service car2go said Thursday it is indefinitely suspending its operations in Canada's largest city because parking regulations make its business inoperable.

Delta says it will launch flights to India next year

The Associated Press  |  Posted   May 24th - 9:36am

Delta Air Lines says it will resume nonstop flights next year between the United States and Mumbai, India.

House passes $717B Pentagon policy measure

Andrew Taylor, Associated Press  |  Posted   May 24th - 9:35am

The House Thursday passed a $717 billion defense policy bill that would give the military a 2.6 percent pay hike, the largest in nine years.

Stocks slide as Trump says North Korean meeting is canceled

Marley Jay, Associated Press  |  Posted   May 24th - 9:23am

U.S. stocks are skidding Thursday after President Donald Trump said he is canceling a planned meeting with North Korean leader Kim Jong Un. Energy companies are falling along with oil prices as investors respond to reports the nations of OPEC may start producing more oil. Car companies including Fiat Chrysler and Toyota are falling as the Trump administration considered tariffs on imported cars and car parts, a move the governments of China, Japan and the European Union condemned.

UK lawmakers slam 'unsatisfactory' progress in Brexit talks

The Associated Press  |  Posted   May 24th - 9:21am

Lawmakers scrutinizing Britain's exit from the European Union said Thursday that progress in trade talks with the bloc is "highly unsatisfactory," and that the country may have to stay in the tariff-free EU customs union for years after Brexit.

San Francisco brewery ordered to stop making weed beer

The Associated Press  |  Posted   May 24th - 9:19am

U.S. officials have ordered a San Francisco brewery to stop producing beers containing cannabidiol, the hemp-derived compound known as CBD.

UN chief 'concerned' by cancellation of US-NKorea summit

Jamey Keaten, Associated Press  |  Posted   May 24th - 9:04am

The U.N. chief said Thursday he is "deeply concerned" by the cancellation of the planned summit between U.S. President Donald Trump and North Korean Leader Kim Jong Un.

UN adopts measure linking conflict to hunger and starvation

The Associated Press  |  Posted   May 24th - 9:03am

The U.N. Security Council has unanimously approved a resolution that for the first time recognizes the link between conflict and hunger and condemns the use of starvation as a method of warfare.

US average mortgage rates at 7-year highs; 30-year 4.66 pct.

The Associated Press  |  Posted   May 24th - 8:59am

Long-term U.S. mortgage rates rose this week, continuing at their highest levels in seven years amid the peak home buying season.

Taking on the system: 'Dreamers' are getting law degrees

Pat Eaton-Robb, Associated Press  |  Posted   May 24th - 8:52am

Denia Perez's parents brought her from Mexico to the United States illegally when she was 11 months old. Last month, she became among the first of the so-called "Dreamers" to earn a law degree. And now, she and others are using their lawyerly know-how to take on the system so they can legally practice.

Of Mutual Interest: Can small caps keep living large?

Marley Jay, Associated Press  |  Posted   May 24th - 8:50am

The smallest companies have packed twice the punch of their bigger brethren in the last few months, but it might not last.

China's Tencent: Tech world must tackle privacy concerns

Angela Charlton, Associated Press  |  Posted   May 24th - 8:48am

China's biggest tech company says the industry needs to tackle users' privacy concerns and the risks posed by advancing technologies.

Employee claims hostile environment at coroner's office

The Associated Press  |  Posted   May 24th - 8:47am

An employee of a coroner's office in western Idaho has filed a notice of a tort claim that alleges she was harassed by the outgoing coroner.

Feds: Uber self-driving SUV saw pedestrian; did not brake

Tom Krisher, Associated Press  |  Posted   May 24th - 8:29am

The autonomous Uber SUV that struck and killed an Arizona pedestrian in March spotted the woman about six seconds before hitting her, but did not stop because the system used to automatically apply brakes in potentially dangerous situations had been disabled, according to federal investigators.

The Latest: German automakers concerned by US tariff move

The Associated Press  |  Posted   May 24th - 8:24am

The Latest on the Trump administration's interest in putting tariffs on auto imports (all times local):