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Court backs insurer: No $300K payout in head-on crash

Ed White, Associated Press  |  Posted Jul 18th - 2:14pm

An insurance company refused to pay $300,000 in a head-on crash that killed a Michigan man and his mother after a doctor came up with a key conclusion: Robert Krugman likely drifted out of his lane because of a heart attack.

Markets Right Now: Airlines, banks lead US stocks higher

The Associated Press  |  Posted Jul 18th - 2:09pm

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

Soy "milk" makers may need to find alternative description

Candice Choi, Associated Press  |  Posted Jul 18th - 2:03pm

Soy and almond drinks that bill themselves as "milk" may need to consider alternative language after a top regulator suggested the agency may start cracking down on use of the term.

Frustrated US lawmakers threaten action on Trump's tariffs

Kevin Freking, Associated Press  |  Posted Jul 18th - 1:58pm

Lawmakers are losing patience with the Trump administration's reliance on tariffs to win trade disputes and are talking increasingly about legislative action to protect U.S. jobs.

Big gains for industrials and banks take US stocks higher

Marley Jay, Associated Press  |  Posted Jul 18th - 1:51pm

U.S. stocks are edging higher Wednesday as financial and industrial companies including railroads and airlines climb after a round of strong second-quarter reports. United Continental and Berkshire Hathaway are making their biggest gains in years. Most other groups of stocks are lower, however. Household goods makers are returning a chunk of their recent gains and technology companies are lagging behind the rest of the market.

Fed says trade war downturn could pose challenges

Martin Crutsinger, Associated Press  |  Posted Jul 18th - 1:49pm

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank has tools it can use to cushion the potential economic fallout from a trade war. But he told Congress the effort could be challenging if higher tariffs push inflation up too sharply.

US coal ash pollution rules eased after industry balks

Matthew Brown, Associated Press  |  Posted Jul 18th - 1:43pm

The Trump administration is easing rules for handling toxic coal ash from more than 400 coal-fired power plants across the U.S. after utilities objected to regulations adopted under former President Barack Obama.

The Latest: GOP using immigration vote to slam Democrats

The Associated Press  |  Posted Jul 18th - 1:35pm

The Latest on congressional immigration proposals (all times local):

Blockbuster not yet selling Russell Crowe's jockstrap

The Associated Press  |  Posted Jul 18th - 1:13pm

Everything in the closing Blockbuster video stores in Alaska is for sale, except the celebrity jockstrap.

Puerto Rico's power company sees 3rd CEO in 2 weeks

Danica Coto, Associated Press  |  Posted Jul 18th - 12:53pm

Puerto Rico's governor named a new CEO on Wednesday to lead the U.S. territory's power company, which has now seen three top executives in two weeks as it struggles with a lack of leadership, bankruptcy and the restoration of electricity to hundreds who remain in the dark since Hurricane Maria.

Regulators seek end to stricter oversight of Zions Bancorp

Marcy Gordon, Associated Press  |  Posted Jul 18th - 12:34pm

A panel of federal regulators is proposing lifting the strict government oversight imposed on Zions Bancorp, a big regional bank that received a taxpayer-funded bailout during the 2008 financial crisis.

US judge throws out suit over health subsidy cuts

The Associated Press  |  Posted Jul 18th - 12:21pm

A U.S. judge in San Francisco has thrown out a lawsuit over the Trump administration's decision to cut Affordable Care Act subsidies.

Utah lawmakers to consider online sales tax, shipping hub

Julian Hattem, Associated Press  |  Posted Jul 18th - 12:21pm

Utah lawmakers plan to meet for a special session Wednesday to consider forcing some online companies to collect sales tax and to eye proposed changes to a planned shipping hub in Salt Lake City.

The Latest: Industry, experts divided over EU fine on Google

The Associated Press  |  Posted Jul 18th - 12:13pm

The Latest on the EU's fine against Google (all times local):

Tennessee zipper company in crosshairs of buy-American laws

Sheila Burke, Associated Press  |  Posted Jul 18th - 11:47am

Robert Kwasnik has a zipper problem — and it has come to the attention of the highest levels of the U.S. government.

Britain's Boris Johnson says 'not too late to save Brexit'

Danica Kirka, Associated Press  |  Posted Jul 18th - 11:27am

Former U.K. Foreign Secretary Boris Johnson implored fellow lawmakers Wednesday not to abandon Brexit, urging them to remember the initial enthusiasm surrounding a complete break from the European Union.

US launches national security probe into uranium imports

Christopher Rugaber, Associated Press  |  Posted Jul 18th - 11:24am

The Commerce Department has started an investigation into the impact of uranium imports on U.S. national security, a move that could limit future imports and add another front to the Trump administration's trade fight.

San Francisco bans tour buses from 'Full House' residence

The Associated Press  |  Posted Jul 18th - 11:02am

Tour buses will no longer be swinging by a San Francisco house made famous in the popular 1990s sitcom "Full House."

165-year-old newspaper vows to publish despite office fire

The Associated Press  |  Posted Jul 18th - 11:00am

A 165-year-old Vermont newspaper will publish its weekly edition only one day late despite losing its office in a fire.