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After query, Ross shorted stock in Kremlin-tied firm: report

Marcy Gordon, Associated Press  |  Posted Jun 19th - 5:35pm

Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company.

California lawmakers move closer to regional electric grid

Jonathan J. Cooper, Associated Press  |  Posted Jun 19th - 5:29pm

A contentious proposal to link oversight of California's electric grid with other states in the U.S. West narrowly cleared a legislative hurdle Tuesday, keeping alive a proposal that has divided environmentalists over the best way to expand renewable energy.

Cooperator could soon testify in Buffalo Billion case

The Associated Press  |  Posted Jun 19th - 5:21pm

A key cooperator for the prosecution could soon testify in a criminal case that grew from a New York State economic redevelopment plan known as the Buffalo Billion.

Fox News Channel faces backlash from Hollywood creators

David Bauder, Associated Press  |  Posted Jun 19th - 5:18pm

Fox News Channel faces a growing backlash among Hollywood creators that intensified Tuesday following Laura Ingraham's description of "zero tolerance" detention facilities for children separated from their parents as "essentially summer camps."

Google, Facebook, others speak out against child separation

Dee-Ann Durbin, Associated Press  |  Posted Jun 19th - 5:11pm

if any — they will have.

GE to end more than 100-year run on Dow; Walgreens added

Alex Veiga, Associated Press  |  Posted Jun 19th - 5:08pm

General Electric will be dropped from the Dow Jones industrial average next week, ending the conglomerate's more than 100-year run in the 30-company blue chip index.

Ford celebrates purchase of iconic Detroit train station

The Associated Press  |  Posted Jun 19th - 5:00pm

Ford Motor Co. is celebrating its purchase of Detroit's long vacant train depot that the company plans to redevelop for research and development of self-driving vehicles.

Disney names new Animation, Pixar chiefs post-Lasseter

The Associated Press  |  Posted Jun 19th - 4:38pm

Walt Disney Studios chairman Alan Horn says Tuesday that Jennifer Lee and Pete Docter are taking over for former Disney animation and Pixar chief John Lasseter, who is departing Disney at the end of the year following misconduct allegations.

US commander warns against leaving Afghanistan too rapidly

Lolita C. Baldor, Associated Press  |  Posted Jun 19th - 4:36pm

The battle-hardened Army commander nominated to take over U.S. military operations in Afghanistan warned senators Tuesday that if America leaves the fight too rapidly, there is a risk Islamic State militants could merge with al-Qaida and plan attacks against the U.S. or its allies.

Dow posts 6th loss in row on trade spat; small cos. rally

Marley Jay, Associated Press  |  Posted Jun 19th - 4:18pm

Big industrial and technology companies skidded Tuesday as the trade dispute between the U.S. and China threatened to come to a boil. Smaller companies less focused on overseas trade fared better, as did dividend-paying stocks.

The Dow then and now: original, current members of index

The Associated Press  |  Posted Jun 19th - 4:11pm

S&P Dow Jones Indices announced Tuesday that General Electric would be replaced in the Dow Jones industrial average by Walgreens Boots Alliance.

FedEx profit rises on increase in volume, shipping rates

The Associated Press  |  Posted Jun 19th - 3:56pm

Higher rates, steady business fueled by economic growth and tax benefits helped FedEx Corp. boost fourth-quarter profit 10 percent to $1.13 billion.

Authorities: 3 dead in shooting outside a Walmart in Alabama

The Associated Press  |  Posted Jun 19th - 3:51pm

A gunman crashed into a vehicle outside a Walmart store on Tuesday morning, opening fire and killing two women before taking his own life, authorities said.

American: Computer system behind cancellations 'stabilized'

David Koenig, Associated Press  |  Posted Jun 19th - 3:49pm

American Airlines says it has "stabilized" a computer system that failed at one of its affiliate carriers, causing the cancellation of 2,500 flights over the past week.

Ford, VW study commercial vehicle alliance that could grow

The Associated Press  |  Posted Jun 19th - 3:43pm

Ford and Volkswagen are exploring joint development of future commercial vehicles in a possible alliance that could lead to cooperation in other areas.

General Electric, an original member of the Dow Jones industrials, to be removed from index, replaced by Walgreens

The Associated Press  |  Posted Jun 19th - 3:33pm

General Electric, an original member of the Dow Jones industrials, to be removed from index, replaced by Walgreens.

Nebraska advances execution plans despite secrecy concerns

Grant Schulte, Associated Press  |  Posted Jun 19th - 2:55pm

Nebraska officials are forging ahead with plans to execute the state's longest-serving death-row inmate without disclosing where they obtained lethal injection drugs, despite a judge's order this week to identify their supplier.

Adient calls off plans to move headquarters to Detroit

The Associated Press  |  Posted Jun 19th - 2:47pm

Auto seating supplier Adient has canceled its plans to move its global headquarters and hundreds of jobs to Detroit.

Iran rebuffs Trump's call for OPEC to increase oil output

Kiyoko Metzler, Associated Press  |  Posted Jun 19th - 2:46pm

Iran lashed out Tuesday against U.S. President Donald Trump's call on OPEC to increase oil production and limit global energy prices, saying the cartel "is not an American organization."

Caterpillar, Facebook and Baidu drop while CVS climbs

The Associated Press  |  Posted Jun 19th - 2:35pm

Stocks that moved substantially or traded heavily Tuesday: