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More charges in defense contractor workers' tuition scam

The Associated Press  |  Posted   Apr 26th - 3:03pm

Charges have been filed against five more people in connection to a tuition reimbursement scam in Indiana allegedly involving dozens of former employees of a British defense contractor.

Mattel's 1Q sales shored up by Hot Wheels and Barbie

Anne D'Innocenzio, Associated Press  |  Posted   Apr 26th - 3:01pm

Mattel Inc. is reporting better-than-expected first-quarter sales as demand for Hot Wheels and Barbies helped soften the blow of the closing of Toys R Us.

Ex-HSBC Bank foreign exchange exec gets 2 years in prison

The Associated Press  |  Posted   Apr 26th - 2:57pm

The former head of HSBC Bank's foreign exchange cash trading was sentenced Thursday to two years in prison on charges he traded ahead of his customers to make millions of dollars in a scheme known as "front running."

The Latest: EPA inspector general weighs in on Pruitt remark

The Associated Press  |  Posted   Apr 26th - 2:53pm

The Latest on Environmental Protection Agency chief Scott Pruitt and his appearances on Capitol Hill (all times local):

Water exec: Uncertain mix of chemicals from consumer taps

Emery P. Dalesio, Associated Press  |  Posted   Apr 26th - 2:52pm

A public water utility studied what it was serving to its 200,000 North Carolina customers and found it contained multiple unregulated industrial chemicals with uncertain health effects, including some substances that university researchers didn't know existed, legislators learned Thursday.

Rights group says 63 dead, 15 missing from Nicaragua unrest

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

A non-governmental rights group in Nicaragua says it has confirmed that 63 people died during days of protests over social security changes that convulsed the country last week.

Amazon's quarterly profit more than doubles; shares soar

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

Amazon's first-quarter profit more than doubled from a year ago, blowing past Wall Street expectations. The online retailer's shares soared 6 percent in after-hours trading.

Fox talks Disney, teases 'Bohemian Rhapsody' at CinemaCon

Lindsey Bahr, Associated Press  |  Posted   Apr 26th - 2:49pm

20th Century Fox Chairman and CEO Stacey Snider addressed Disney's deal to purchase most of Fox and also gave a first look at the highly anticipated Freddie Mercury biopic "Bohemian Rhapsody" in a wide-ranging and emotional presentation to theater owners and exhibitors Thursday at the CinemaCon convention in Las Vegas.

Facebook and big tech stocks rally as US indexes climb

Marley Jay, Associated Press  |  Posted   Apr 26th - 2:47pm

U.S. stocks climbed Thursday as Facebook led a rally by technology companies. Most of the market moved higher as interest rates declined from the four-year highs reached over the last few days.

Anger over banks' gun policies snags $600M road plan

Melinda Deslatte, Associated Press  |  Posted   Apr 26th - 2:46pm

Louisiana's plans to finance about $600 million in interstate projects got tangled up Thursday in a dispute over moves by two banking giants to restrict gun sales by their business customers.

Facebook and Chipotle climb while Southwest and AT&T stumble

The Associated Press  |  Posted   Apr 26th - 2:45pm

Stocks that moved substantially or traded heavily Thursday:

UPDATED

At hearings, EPA chief seeks to divert blame for ethics woes

Michael Biesecker and Ellen Knickmeyer, Associated Press  |  Posted   Apr 26th - 2:44pm

Environmental Protection Agency chief Scott Pruitt, yet another Trump administration official with his job on the line over ethical concerns, took heat from lawmakers Thursday over his profligate spending and lobbyist ties and tried to divert responsibility to underlings.

Hope for US trade visit to China: A delay in harmful tariffs

Josh Boak and Christopher Rugaber, Associated Press  |  Posted   Apr 26th - 2:43pm

When Treasury Secretary Steven Mnuchin leads a delegation of American officials to Beijing next week, few analysts expect them to defuse a smoldering trade conflict with China. Rather, the likeliest outcome is a more modest one:

Markets Right Now: Stocks finish higher as Facebook rallies

The Associated Press  |  Posted   Apr 26th - 2:35pm

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

Bookings for Southwest fall after fatal accident

David Koenig, Associated Press  |  Posted   Apr 26th - 2:29pm

Inspections of jet engines at Southwest Airlines turned up one cracked fan blade last year but no others since last week's deadly accident that investigators believe started when a weakened blade broke off during flight.

Atlanta wants probe into $500K in bonuses given by ex-mayor

The Associated Press  |  Posted   Apr 26th - 2:27pm

Atlanta leaders want to call in outside lawyers to investigate after former Mayor Kasim Reed's administration gave more than $518,000 in bonuses to city employees during Reed's last days in office.

Explosion rocks Wisconsin refinery, forcing evacuations

The Associated Press  |  Posted   Apr 26th - 2:25pm

An explosion rocked a refinery in northwestern Wisconsin on Thursday, injuring at least 11 people, forcing the evacuation of homes, schools and a hospital, and sending a plume of noxious smoke into the air.

The Latest: Small hospital, schools evacuated near refinery

The Associated Press  |  Posted   Apr 26th - 2:21pm

The Latest on a Wisconsin refinery explosion that injured several people (all times local):

Gun control may keep stock-car-racing governor off track

Lisa Rathke, Associated Press  |  Posted   Apr 26th - 2:21pm

Vermont's stock-car-racing governor is questioning whether to race this season at a local speedway where many spectators are hunters after an outcry from gun owners over gun restriction legislation he signed.

Cypriots link arms to protest planned Russian nuclear plant

Menelaos Hadjicostis, Associated Press  |  Posted   Apr 26th - 2:19pm

Protesters on Thursday urged ethnically-split Cyprus' government and breakaway Turkish Cypriot authorities to step up their protests against a nuclear power plant Russia is building on Turkey's Mediterranean coastline.