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US stocks edge higher; bond yields fall following Fed

Stan Choe, Associated Press  |  Posted   Jul 26th - 3:12pm

U.S. stock indexes inched further into record territory Wednesday after AT&T, Boeing and others joined the parade of big companies reporting stronger profits than analysts expected. Stocks that pay big dividends were particularly strong after the Federal Reserve took a pause in its slow-moving campaign to lift interest rates, as Treasury yields sank lower.

Trump announces $10 billion Foxconn plant in Wisconsin

Scott Bauer and Paul Wiseman, Associated Press  |  Posted   Jul 26th - 3:12pm

President Donald Trump said Wednesday that Electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to create 3,000 jobs.

Ex-Fiat Chrysler executive charged in union official payoff

Ed White, Associated Press  |  Posted   Jul 26th - 3:12pm

A former Fiat Chrysler labor executive was charged Wednesday with giving $1.2 million in various gifts to a United Automobile Workers vice president, his wife and other senior union managers.

The Latest: Trump says $10B plant to be built in Wisconsin

The Associated Press  |  Posted   Jul 26th - 3:12pm

The Latest on electronics giant Foxconn's plans to build manufacturing facilities in the United States (all times local):

FBI investigating death from domestic dispute on cruise ship

Rachel D'Oro, Associated Press  |  Posted   Jul 26th - 3:02pm

A domestic dispute aboard a cruise ship led to the death of a 39-year-old Utah woman, and the FBI is investigating what happened in U.S. waters off Alaska, the agency said Wednesday.

Wasserman Schultz fires IT staffer following fraud arrest

The Associated Press  |  Posted   Jul 26th - 3:02pm

Democratic Rep. Debbie Wasserman Schultz has fired an information technology staffer following his arrest on a bank fraud charge at a Virginia airport where he was attempting to fly to Pakistan.

What's next: Senate GOP considers "skinny" health care bill

Stephen Ohlemacher and Andrew Taylor, Associated Press  |  Posted   Jul 26th - 3:02pm

Republican senators were looking to go skinny Wednesday as they struggled to repeal key parts of former President Barack Obama's health law.

GOP senators blink on a big chance to repeal 'Obamacare'

Erica Werner and Alan Fram, Associated Press  |  Posted   Jul 26th - 2:51pm

After seven years of emphatic campaign promises, Senate Republicans demonstrated Wednesday they don't have the stomach to repeal "Obamacare" when it really counts, as the Senate voted 55-45 to reject legislation undoing major portions of Barack Obama's law without replacing it.

UPDATED

Now hiring at Amazon: Thousands of people in 1 day

Joseph Pisani, Associated Press  |  Posted   Jul 26th - 2:51pm

Amazon plans to make thousands of job offers in just one day as it holds a giant job fair next week at nearly a dozen warehouses across the U.S.

UPDATED

Arizona man gets 68 years in prison in Nevada standoff case

Ken Ritter, Associated Press  |  Posted   Jul 26th - 2:51pm

A federal judge sentenced a Phoenix man Wednesday to 68 years in prison for his role as a gunman in a standoff that stopped federal agents from rounding up cattle near the Nevada ranch of anti-government activist Cliven Bundy three years ago.

The Latest: Community center in Ferguson already paid for

The Associated Press  |  Posted   Jul 26th - 2:51pm

The Latest on the opening of a new job training and education center in Ferguson nearly three years after the fatal police shooting of Michael Brown (all times local):

Whole Foods sales struggle shows Amazon buying a fixer-upper

The Associated Press  |  Posted   Jul 26th - 2:41pm

Amazon is set to have a fixer-upper on its hands, with Whole Foods reporting that a key sales figure declined again.

Facebook's ads just keep creeping into new apps

Barbara Ortutay, Associated Press  |  Posted   Jul 26th - 2:41pm

Scrolling through an ad-free Instagram is now a distant memory, much like the once ad-free Facebook itself. Soon, users of its Messenger app will begin to see advertisements, too — and WhatsApp may not be too far behind.

The Latest: Key player in payoff probe also charged

The Associated Press  |  Posted   Jul 26th - 2:41pm

The Latest on charges against a former Fiat Chrysler executive, who is accused of making payments to a union official (all times local):

Trump choice for Fed could prove to be key friend for banks

Marcy Gordon, Associated Press  |  Posted   Jul 26th - 2:36pm

President Donald Trump's choice of a key player in his drive to scale back financial rules would likely push to relax regulations on community banks, ease restrictions on some speculative trading and soften annual tests of big banks' health.

Iowa group sues United over death of giant rabbit, Simon

Scott McFetridge, Associated Press  |  Posted   Jul 26th - 2:33pm

A group of Iowa businessmen filed a lawsuit Wednesday against United Airlines over the death of Simon, a giant rabbit whose lifeless body was discovered in a kennel after a flight from London to Chicago.

The Latest: AMA: No valid reason to bar transgender troops

The Associated Press  |  Posted   Jul 26th - 2:23pm

The Latest on President Donald Trump's decision to bar transgender people from serving in the military (all times local):

The Latest: Senate rejects proposal for 'Obamacare' repeal

The Associated Press  |  Posted   Jul 26th - 2:23pm

The Latest on the effort by congressional Republicans to pass a health care bill (all times local):

Tribes fight trade groups' intervention in pipeline dispute

Blake Nicholson, Associated Press  |  Posted   Jul 26th - 2:13pm

American Indian tribes fighting in court to shut down the Dakota Access pipeline are objecting to the possible intervention of national energy and manufacturing trade groups in the dispute.

Markets Right Now: Modest gains send stocks to more records

The Associated Press  |  Posted   Jul 26th - 2:13pm

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