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Texas liquor stores to appeal Walmart booze sales ruling

Michael Graczyk, Associated Press  |  Posted   Mar 21st - 3:29pm

Walmart's legal victory allowing it to sell hard liquor in Texas doesn't mean people in the state will be able to go out and buy bottles of vodka and gin at the retail giant's stores anytime soon.

Fed raises key rate and foresees 2 more hikes this year

Martin Crutsinger, Associated Press  |  Posted   Mar 21st - 3:24pm

The Federal Reserve raised its key interest rate Wednesday in a vote of confidence in the U.S. economy's durability while signaling that it plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.

Meredith plans to eliminate 1,000 jobs with Time Inc. merger

David Pitt, Associated Press  |  Posted   Mar 21st - 3:24pm

Magazine and broadcasting company Meredith laid off an additional 200 workers on Wednesday and announced it would eliminate another 1,000 jobs over the next 10 months as it integrates the operations of Time Inc., which it bought six weeks ago.

Stocks wobble and end lower after Fed raises interest rates

Marley Jay, Associated Press  |  Posted   Mar 21st - 3:14pm

After a jittery afternoon of trading, major U.S. stock indexes fell Wednesday while smaller companies fared better. The Federal Reserve raised interest rates, as investors expected, and said it could raise rates at a quicker pace next year.

Steve Wynn gives notice he could sell his Wynn Resort shares

Regina Garcia Cano, Associated Press  |  Posted   Mar 21st - 3:12pm

Former Wynn Resorts CEO Steve Wynn has taken a key step that would allow him to sell all of his stock in the casino-operating company, the company announced Wednesday.

Obama campaign advisers say they used Facebook data properly

Ken Thomas, Associated Press  |  Posted   Mar 21st - 3:12pm

President Barack Obama's 2012 re-election campaign mined supporters' personal data from Facebook to benefit its voter turnout program. But former campaign officials said Wednesday they accessed and used the information in vastly different ways than Cambridge Analytica, the firm connected to President Donald Trump's 2016 campaign accused of improperly lifting data on 50 million Facebook users.

Mnuchin: US to consider TPP re-entry after other priorities

The Associated Press  |  Posted   Mar 21st - 3:04pm

U.S. Treasury Secretary Steven Mnuchin says that the United States will consider rejoining the Trans-Pacific Partnership after it deals with other priorities.

Crisis experts say Facebook has mishandled the data scandal

Mae Anderson, Associated Press  |  Posted   Mar 21st - 3:02pm

The crisis-management playbook is pretty simple: Get ahead of the story, update authorities and the public regularly, accept responsibility and take decisive action. Crisis-management experts say that until Wednesday, Facebook was 0-for-4.

Trump pushing Europe to fix Iran deal he may blow up anyway

Josh Lederman and Matthew Lee, Associated Press  |  Posted   Mar 21st - 3:00pm

Trump administration negotiators have a tough sales job as they pressure European allies to accept new restrictions to "fix" the Iran nuclear deal: Even if the Europeans agree, President Donald Trump may blow up the deal anyway.

NYC rail tunnel, bridge could get boost from spending bill

David Porter, Associated Press  |  Posted   Mar 21st - 2:56pm

A key infrastructure project seen as critical to the future of rail travel in the northeast could get a jump-start from money contained in a spending bill being negotiated in Congress .

Some Vermont rural cell service, including 911, could end

Lisa Rathke, Associated Press  |  Posted   Mar 21st - 2:53pm

Cellphone service, including the ability to call 911 from a mobile phone, in some rural areas of Vermont may soon be lost.

6th person charged in union-Fiat Chrysler corruption scheme

The Associated Press  |  Posted   Mar 21st - 2:51pm

A union official who helped negotiate a contract with Fiat Chrysler has been charged with accepting luxuries worth tens of thousands of dollars, including fancy shoes, air travel and lavish meals.

Groups seek ban on Mexican seafood from Gulf of California

The Associated Press  |  Posted   Mar 21st - 2:39pm

A coalition of environmental groups has filed a lawsuit with the U.S. Court of International Trade, seeking a ban on Mexican seafood from the upper Gulf of California.

Markets Right Now: After a day of wobbling, indexes end down

The Associated Press  |  Posted   Mar 21st - 2:36pm

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

Trump swings behind massive budget; big military increase

Andrew Taylor, Associated Press  |  Posted   Mar 21st - 2:31pm

Despite second thoughts, President Donald Trump swung behind a $1.3 trillion government spending bill Wednesday that would give him a partial victory on funding for a U.S.-Mexico border wall.

MuleSoft and TRI Pointe rise while General Mills stumbles

The Associated Press  |  Posted   Mar 21st - 2:26pm

Stocks that moved substantially or traded heavily Wednesday:

The Latest: EU hails Kosovo vote as 'real achievement'

The Associated Press  |  Posted   Mar 21st - 2:14pm

The Latest on the contentious border vote in the parliament of Kosovo (all times local):

US Senate appointee in Mississippi pledges to support Trump

Emily Wagster Pettus, Associated Press  |  Posted   Mar 21st - 2:14pm

Mississippi's Republican agriculture commissioner, who served on a farm advisory committee for President Donald Trump, was appointed Wednesday to succeed a veteran U.S. senator who is resigning because of poor health.

The Latest: Powell's press briefing shorter than Yellen's

The Associated Press  |  Posted   Mar 21st - 2:04pm

The Latest on the Federal Reserve's monetary policy meeting (all times local):

Hundreds of Kentucky teachers rally to oppose benefit cuts

Bruce Schreiner, Associated Press  |  Posted   Mar 21st - 2:02pm

Hundreds of Kentucky teachers flexed their political muscle with a rally Wednesday outside the state Capitol, seeking to bury a proposed pension overhaul and win more state education funding from the Republican-led legislature.