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The Latest: Kentucky House adjourns without passing pension

The Associated Press  |  Posted Dec 18th - 6:03pm

The Latest on a special legislative session called to vote on changes to the state's pension systems (all times local):

SoftBank's mobile unit begins trading in 1 of biggest IPOs

Mari Yamaguchi, Associated Press  |  Posted Dec 18th - 5:36pm

SoftBank Group Corp.'s Japanese mobile subsidiary began trading on the Tokyo Stock Exchange on Wednesday in one of the world's biggest share offerings.

SoftBank Group Corp.'s Japanese mobile subsidiary begins trading on Tokyo Stock Exchange

The Associated Press  |  Posted Dec 18th - 5:30pm

SoftBank Group Corp.'s Japanese mobile subsidiary begins trading on Tokyo Stock Exchange.

Wetlands, lakes would lose protections under Michigan bill

John Flesher and David Eggert, Associated Press  |  Posted Dec 18th - 5:24pm

Michigan legislators were poised Tuesday to remove legal protections from many of the state's wetlands and other inland waterways, which provide wildlife habitat and perform vital tasks such as preventing floods.

Judge lifts order blocking Houston firefighter pay measure

Juan A. Lozano, Associated Press  |  Posted Dec 18th - 5:22pm

A judge on Tuesday lifted a court order blocking the implementation of a new charter amendment that would give Houston's firefighters pay parity with city police officers, but the mayor says the raise would cost the city up to $100 million and result in hundreds of layoffs.

Booze cruise battle: Booted from NYC dock, owner sees racism

Michael R. Sisak, Associated Press  |  Posted Dec 18th - 5:04pm

Dwayne Braithwaite is a rarity in New York City's sightseeing cruise industry: a black owner whose raucous party boats are filled with mostly black patrons from the city's West Indian community.

UK business groups plead for deal to prevent no-deal Brexit

The Associated Press  |  Posted Dec 18th - 5:04pm

Britain's five leading business groups are pleading with the government to act to prevent the country's departure from the European Union without a deal.

Google, Facebook to pay $450K for Washington state violation

The Associated Press  |  Posted Dec 18th - 4:48pm

Google and Facebook have agreed to pay $455,000 to settle allegations that they failed to keep proper records about who was paying for campaign ads on their sites, Washington state Attorney General Bob Ferguson said Tuesday.

Texas AG, universities face suit over Israel boycott law

Ryan Tarinelli, Associated Press  |  Posted Dec 18th - 4:38pm

The American Civil Liberties Union of Texas on Tuesday filed a lawsuit over a state law requiring contractors to certify that they do not boycott Israel or Israel-controlled territories, arguing the law forces people to choose between their First Amendment rights and their livelihoods.

Shutdown threat recedes as Trump softens stance on wall

Lisa Mascaro, Matthew Daly and Catherine Lucey, Associated Press  |  Posted Dec 18th - 4:34pm

President Donald Trump appeared Tuesday to back off his demand for $5 billion to build a border wall, signaling for the first time that he might be open to a deal that would avoid a partial government shutdown.

Gambling capital: DC votes to legalize sports betting

Ben Nuckols, Associated Press  |  Posted Dec 18th - 4:06pm

City lawmakers in Washington have voted to legalize sports betting, making the nation's capital the first U.S. jurisdiction without casinos to authorize sports books.

New entrant to NJ sports betting; FanDuel, Draft Kings deals

Wayne Parry, Associated Press  |  Posted Dec 18th - 3:58pm

The legal U.S. sports betting market continues to grow by the day, with separate deals announced Tuesday involving New Jersey, West Virginia and a national NBA partnership.

Social media and misinformation: It's a game of whack-a-mole

Barbara Ortutay, Associated Press  |  Posted Dec 18th - 3:36pm

It's a high-stakes game of whack-a-mole with no end in sight.

FedEx plans buyouts after weak international 2Q shipping

Josh Funk, Associated Press  |  Posted Dec 18th - 3:26pm

FedEx Corp. delivered a disappointing earnings report Tuesday and said it plans to offer buyouts to some of its workers and reduce spending to make up for weak international shipping, especially in Europe.

Uber approved to resume autonomous car tests in Pittsburgh

Tom Krisher, Associated Press  |  Posted Dec 18th - 3:13pm

The Pennsylvania Department of Transportation has approved Uber's request to resume testing of autonomous vehicles on public roads in the Pittsburgh area.

Boeing and Sprint climb; Hess and Rent-A-Center skid

The Associated Press  |  Posted Dec 18th - 3:04pm

Stocks that moved substantially or traded heavily Tuesday:

US: German company to plead guilty in VW emissions scheme

The Associated Press  |  Posted Dec 18th - 2:47pm

U.S. authorities say a German engineering company has agreed to plead guilty and pay $35 million for its role in the Volkswagen vehicle emissions scandal.

Kentucky legislature adjourns without passing pension bill

Adam Beam, Associated Press  |  Posted Dec 18th - 2:39pm

Called back into session after a stinging loss at the Supreme Court, Kentucky's Republican-dominated legislature decided to go home on Tuesday without passing a replacement pension law despite warnings of financial ruin by the state's GOP governor.

Prada withdraws luxury trinkets over blackface controversy

The Associated Press  |  Posted Dec 18th - 2:26pm

Prada is no longer selling a line of accessories and displays following complaints that they featured blackface-style imagery.