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3 charged in deaths of dozens of cattle at Nebraska farm

The Associated Press  |  Posted   Apr 20th - 8:03am

Three family members have been charged with animal cruelty and neglect following the deaths of dozens of cattle on their Nebraska farm.

Big banks saved $3.6B in taxes last quarter under new law

Ken Sweet, Associated Press  |  Posted   Apr 20th - 8:01am

The nation's six big Wall Street banks posted record, or near record, profits in the first quarter, and they can thank one person in particular: President Donald Trump.

Brexit pushes European dairy giant to make cuts

The Associated Press  |  Posted   Apr 20th - 7:50am

A major European dairy cooperative says that currency swings caused by Brexit are among the reasons it has to cut costs by over 400 million euros ($495 million) over the next three years.

Wells Fargo to pay $1B for mortgage, auto lending abuses

Ken Sweet, Associated Press  |  Posted   Apr 20th - 7:49am

Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in a wide-ranging scandal at the banking giant. However, it appears that none of the $1 billion will go directly the victims of Wells Fargo's abuses.

Markets Right Now: Mostly lower start for US stocks

The Associated Press  |  Posted   Apr 20th - 7:41am

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

Wells Fargo hit with $1 billion fine for auto loan and mortgage abuses

The Associated Press  |  Posted   Apr 20th - 7:08am

Wells Fargo hit with $1 billion fine for auto loan and mortgage abuses.

1 person in custody after raids at Porsche

The Associated Press  |  Posted   Apr 20th - 7:02am

Prosecutors say one person is in custody in an investigation of current and former managers at automaker Porsche, a unit of Volkswagen, over the company's diesel emissions scandal.

Stock markets steady, oil slips after Trump slams OPEC

Youkyung Lee, Associated Press  |  Posted   Apr 20th - 6:29am

Global stock markets were subdued Friday amid worries over trade and after a major supplier to Apple forecast continued weak demand for mobile devices. Futures for crude oil fell after U.S. President Donald Trump slammed OPEC for keeping prices high.

Zimbabwe's Mugabe summoned over alleged diamond looting

Farai Mutsaka, Associated Press  |  Posted   Apr 20th - 6:28am

A Zimbabwean parliamentary committee is summoning former leader Robert Mugabe to explain past comments on alleged diamond looting — the first time a public institution has called him to account for such claims made during his 37-year rule.

AP-NORC Poll: Americans expect Russia tension will get worse

Matthew Pennington and Emily Swanson, Associated Press  |  Posted   Apr 20th - 6:03am

Americans largely fear the U.S. relationship with Russia and China will get worse in the coming year. And despite signs of diplomatic progress with Kim Jong Un on nuclear weapons, nearly half say the same about North Korea.

Trump calls OPEC efforts to boost oil prices 'not good'

The Associated Press  |  Posted   Apr 20th - 6:02am

President Donald Trump says oil-producing cartel OPEC "is at it again," and that efforts to maintain high prices "will not be accepted!"

Woman who lost pink house, court case seeks box office win

Jessica Gresko, Associated Press  |  Posted   Apr 20th - 5:22am

Susette Kelo's Supreme Court case now has a Hollywood ending, just not the one she hoped for.

Reward doubled to $20K after 700 pounds of dynamite stolen

The Associated Press  |  Posted   Apr 20th - 5:18am

Federal authorities have doubled the reward to $20,000 for information on the theft of hundreds of explosives from a worksite in Pennsylvania.

UK pound drops as central bank chief tempers rate hike talk

The Associated Press  |  Posted   Apr 20th - 4:41am

The British pound is falling from post-Brexit highs after the Bank of England's governor tempered market expectations of another interest rate hike next month.

Kushner Cos. subpoenaed by feds after AP report

Bernard Condon, Associated Press  |  Posted   Apr 20th - 4:29am

The Kushner Cos. has been subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City.

Sudanese president fires foreign minister after pay remark

The Associated Press  |  Posted   Apr 20th - 4:24am

Sudanese president fired his foreign minister following the diplomat's remarks about how the diplomatic corps has not been paid for the past seven months, the official SUNA news agency reported.

ZTE protests US penalty, says it is seeking solution

Joe McDonald and Christopher Bodeen, Associated Press  |  Posted   Apr 20th - 4:14am

ZTE Corp., one of China's biggest tech companies, warned Friday a ban on access to U.S. technology threatens its survival and said the company is looking for a legal solution.

Latvian bank asks US to hold off money laundering sanctions

The Associated Press  |  Posted   Apr 20th - 3:07am

Latvian bank ABLV has rejected the U.S. government's findings that it "institutionalizes money laundering" and helps evade sanctions as "hyperbolic," saying they refer to old practices it has now changed.

EPA head showed penchant for travel, drivers even before DC

Ellen Knickmeyer and Sean Murphy, Associated Press  |  Posted   Apr 19th - 11:39pm

Scott Pruitt's penchant for travel and concerns about security were notable even before he became head of the Environmental Protection Agency, according to newly obtained records that show that as Oklahoma's attorney general he frequently traveled out-of-state for appearances before conservative groups and used an office investigator as a driver.