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Forbes: Amazon CEO Bezos was briefly the world's richest man

The Associated Press  |  Posted   Jul 27th - 2:52pm

Amazon CEO Jeff Bezos briefly became the world's richest man Thursday in Forbes magazine's tracking of wealth, as stock in his e-commerce company hit an all-time high.

GOP's repeal of insurance mandate could backfire

Ricardo Alonso-Zaldivar, Associated Press  |  Posted   Jul 27th - 2:38pm

Getting rid of the Affordable Care Act's highly unpopular penalty for not having health insurance could backfire on Republicans, prompting significant premium increases if it were actually to pass.

The Latest: Foxconn pushes Wisconsin on highly skilled jobs

The Associated Press  |  Posted   Jul 27th - 2:38pm

The Latest on the deal for a planned $10 billion Foxconn manufacturing plant in Wisconsin (all times local):

Starbucks to shutter all Teavana stores as sales disappoint

The Associated Press  |  Posted   Jul 27th - 2:32pm

Starbucks plans to shutter all its Teavana stores as it seeks to improve its financial performance.

Psychologists not liable for CIA interrogations, lawyers say

Martha Bellisle, Associated Press  |  Posted   Jul 27th - 2:22pm

The two psychologists who helped craft the CIA's harsh interrogation methods used in the war on terror should be as free from liability as a worker for a company that supplied the Nazis with poison gas used in concentration camps, defense lawyers said in a motion to dismiss a lawsuit from former detainees.

Air bag inflator ruptures, driver killed in Florida crash

Tom Krisher, Associated Press  |  Posted   Jul 27th - 2:22pm

A Florida driver has died in a crash near Tampa that involved an exploding Takata air bag inflator.

Thrill ride OK'd hours before deadly state fair accident

Julie Carr Smyth, Associated Press  |  Posted   Jul 27th - 2:18pm

Inspectors repeatedly looked over a thrill ride while it was assembled at the Ohio State Fair and signed off on it hours before it flew apart in a deadly accident that flung passengers through the air, according to authorities and records released Thursday.

Report: Interior chief warns Alaska senators on health care

Matthew Daly, Associated Press  |  Posted   Jul 27th - 2:18pm

Interior Secretary Ryan Zinke called Alaska's two Republican senators to warn them of repercussions for the nation's largest state if they failed to toe the Trump administration line on health care, according to a published report.

Markets Right Now: Tech slump pulls indexes mostly lower

The Associated Press  |  Posted   Jul 27th - 2:18pm

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

US-Mexico border mayors convene amid high-stakes debates

Elliot Spagat, Associated Press  |  Posted   Jul 27th - 2:12pm

The first meeting of the U.S.-Mexico Border Mayors Association since Donald Trump became president of the United States begins Thursday as the stakes of debate in Washington could hardly be higher for the region of 12 million people stretching from the Pacific Ocean to the Gulf of Mexico.

Trump choice for Fed board says he likes rule change ideas

Marcy Gordon, Associated Press  |  Posted   Jul 27th - 2:02pm

Randal Quarles, President Donald Trump's nominee for the Federal Reserve Board, says he likes a predecessor's ideas for where regulators should prune banking rules.

Fund Q&A: Vanguard's new chief investment officer

Stan Choe, Associated Press  |  Posted   Jul 27th - 1:58pm

It's easy to get lulled by the gentle and seemingly unstoppable ride higher that investors have been enjoying with almost all their funds. But it can't last forever.

The Latest: California court bolsters bullet train opponents

The Associated Press  |  Posted   Jul 27th - 1:58pm

The Latest on a California Supreme Court ruling with implications for the state's high-speed rail project (all times local):

GE to cut 575 jobs at Pennsylvania plant, move work to Texas

The Associated Press  |  Posted   Jul 27th - 1:52pm

GE Transportation plans to end most locomotive production at its century-old plant in northwestern Pennsylvania, eliminating about 575 jobs.

S. Carolina's Sanford urges FCC to combat prison cellphones

Meg Kinnard, Associated Press  |  Posted   Jul 27th - 1:52pm

A former South Carolina governor now in Congress wants federal communications officials to help combat the danger of cellphones in the hands of prison inmates, asking Thursday that states be allowed to use technology to jam the signals of cellphones smuggled to inmates behind bars.

UK police: Corporate manslaughter possible in tower fire

The Associated Press  |  Posted   Jul 27th - 1:42pm

British police said Thursday they have "reasonable grounds" to suspect that local authorities may have committed corporate manslaughter in a deadly high-rise fire in London.

US stocks dip; drops for tech stocks offset telecom gains

Stan Choe, Associated Press  |  Posted   Jul 27th - 1:42pm

U.S. stock indexes pulled back from their record highs Thursday after drops for technology, health care and industrial stocks offset another big gain for telecoms.

Scaramucci reports more than $50m in assets

Bernard Condon, Associated Press  |  Posted   Jul 27th - 1:42pm

He vows to be a fresh voice in the Trump administration, but in one way he is like many of the others: He is wealthy, with a vast and complicated array of assets.

Grain higher, livestock mixed

The Associated Press  |  Posted   Jul 27th - 1:36pm

Grain futures were higher Thursday on the Chicago Board of Trade.