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Medical milestone: US OKs marijuana-based drug for seizures

Matthew Perrone, Associated Press  |  Posted Jun 25th - 11:10am

U.S. health regulators on Monday approved the first prescription drug made from marijuana, a milestone that could spur more research into a drug that remains illegal under federal law, despite growing legalization for recreational and medical use.

Big spenders: S&P 500 stock buybacks set record in 1Q

Stan Choe, Associated Press  |  Posted Jun 25th - 11:09am

Flush with savings from lower tax bills and profits from a growing economy, big U.S. companies are spending a record amount buying back their own stock.

U.S. health regulators have approved a treatment for seizures that is the first prescription drug made from marijuana

The Associated Press  |  Posted Jun 25th - 10:51am

U.S. health regulators have approved a treatment for seizures that is the first prescription drug made from marijuana.

The Latest: Ryan, Walker react to Harley moving production

The Associated Press  |  Posted Jun 25th - 10:46am

The Latest on Harley-Davidson shifting production of some motorcycles overseas (all times local):

After ban ends, Saudi women see new job in becoming drivers

Aya Batrawy, Associated Press  |  Posted Jun 25th - 10:12am

Saudi women are driving freely through busy city streets for the first time after years of risking arrest if they dared to get behind the wheel. And with the longstanding ban now lifted, a new opportunity has emerged: Working as drivers.

General strike shuts down Argentine capital

The Associated Press  |  Posted Jun 25th - 10:10am

A strike led by Argentina's largest union confederation has shut down much of the country's capital — freezing public transportation, airlines, ports, schools, banks and government offices.

Media merger would create 3rd-largest TV station group in US

The Associated Press  |  Posted Jun 25th - 10:04am

Gray Television Inc. and Raycom Media Inc. are announcing a merger that would create the third-largest television broadcast group in the United States.

Markets Right Now: Stocks skid on new trade fears

The Associated Press  |  Posted Jun 25th - 9:55am

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

Stocks sink on reports US may limit tech exports to China

Marley Jay, Associated Press  |  Posted Jun 25th - 9:54am

U.S. stocks are falling Monday following losses in Europe and Asia, and technology companies are skidding following reports that the Trump administration plans to limit high-tech exports to China and will limit Chinese investment in American technology companies. Treasury Secretary Steven Mnuchin suggested the restrictions might apply to other countries as well. Harley-Davidson is falling after it said it will shift the production of some motorcycles to Europe in response to taxes the EU put on U.S. exports. The benchmark S&P 500 index is on pace for its worst loss since early April.

Big Wood Canal Co. buys Magic Dam hydroelectric facility

The Associated Press  |  Posted Jun 25th - 9:48am

Shoshone, Idaho-based Big Wood Canal Co. has bought the hydroelectric facility at Magic Dam and has applied to transfer the facility's license.

Uber argues it should remain in business in London

Danica Kirka, Associated Press  |  Posted Jun 25th - 9:38am

Uber argued Monday that is should be allowed to keep driving on the streets of London, telling a court that the ride-hailing app has made significant changes since a regulator refused to renew the company's operating license last year.

Steel pipe company CEOs push for waivers from Trump's tariff

Richard Lardner, Associated Press  |  Posted Jun 25th - 9:34am

Joel Johnson examines the shipping labels on 35-ton coils of American-made steel that will be unspooled, bent and welded into rounded sections of pipe.

Mnuchin dismisses reports of tech restrictions on China

The Associated Press  |  Posted Jun 25th - 9:33am

Treasury Secretary Steven Mnuchin is dismissing as "fake news" media reports that the Trump administration is readying restrictions this week on Chinese investment in American technology companies and high-tech exports to China.

Harley, stung by tariffs, shifts some production overseas

The Associated Press  |  Posted Jun 25th - 9:32am

Harley-Davidson, up against spiraling costs from tariffs, will begin to shift the production of motorcycles headed for Europe from the U.S. to factories overseas.

Supreme Court rules for American Express in credit card case

Jessica Gresko, Associated Press  |  Posted Jun 25th - 9:28am

The Supreme Court handed American Express a win Monday in a lawsuit over rules it imposes on merchants who accept its cards.

US new-home sales climbed 6.7 percent in May

Josh Boak, Associated Press  |  Posted Jun 25th - 9:22am

Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains.

Official says center not at risk of losing Medicaid license

The Associated Press  |  Posted Jun 25th - 9:01am

An Idaho health care facility has been at risk three times in recent months of losing its license to accept Medicaid.

World Food Prize goes to an economist and a doctor

David Pitt, Associated Press  |  Posted Jun 25th - 8:43am

The World Food Prize will be awarded this year to two men who have dedicated their careers to improving the availability of nutritious food for pregnant women and children in an effort to reduce the effects of malnutrition in developing countries.

Carnival shares sink on outlook, cost concerns

The Associated Press  |  Posted Jun 25th - 8:34am

Carnival Corp. shares tumbled Monday after the cruise operator gave a weaker-than-expected outlook, citing growing fuel costs.