News / 

Stocks at new highs...Insurance groups call part of health bill 'unworkable'...Airline on-time performance slips



Estimated read time: 2-3 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

UNDATED (AP) — Several major stock indexes are riding new highs. Gains by big technology and health care companies pushed stocks modestly higher on Friday, The S&P 500, the Dow and Russell 2000 index of smaller-company stocks each set records as the market posted its third straight day of gains. The S&P 500 gained 11 points. The Dow rose over 84. The Nasdaq added 38 points and the Russell 2000 picked up 3.

UNDATED (AP) — Oil futures have moved higher. Benchmark U.S. crude rose 46 cents, or 1 percent on Friday, to settle at $46.54 per barrel on New York Mercantile Exchange. Meanwhile, Brent crude, used to price international oils, gained 49 cents, or 1 percent, to $48.91 per barrel in London.

WASHINGTON (AP) — Two of the insurance industry's most powerful organizations say a crucial provision in the Senate Republican health care bill allowing the sale of bare-bones policies is "unworkable in any form." The criticism was lodged in an unusual joint statement by America's Health Care Plans and the BlueCross BlueShield Association. The provision was written by conservative Sen. Ted Cruz of Texas, who says it will drive down premiums.

WASHINGTON (AP) — The latest government figures show that fewer flights were on time and consumer complaints about airlines rose in May. The Transportation Department says 79.1 percent of flights on the 12 largest U.S. airlines arrived on time in May, down from 83.4 percent in May 2016. Hawaiian Airlines had the best rating, followed by a closely bunched group of Delta, Alaska, SkyWest and United. Virgin America was last.

PARIS (AP) — A boat that fuels itself is setting off from Paris Saturday on a six-year journey around the world that its designers hope will serves as a model for emissions-free energy networks of the future. Energy Observer will use its solar panels, wind turbines and a hydrogen fuel cell system to power its trip. The futuristic-looking 100-foot boat will rely on sun or wind during the day and tap into its hydrogen reservoirs at night. It produces its own hydrogen through electrolysis of sea water.

DATELINE (AP) —

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast