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GE to cut 575 jobs at Pennsylvania plant, move work to Texas

The Associated Press  |  Posted   Jul 27th - 12:41pm

GE Transportation plans to end most locomotive production at its century-old plant in northwestern Pennsylvania, eliminating about 575 jobs.

Report: Interior chief warns Alaska senators on health care

Matthew Daly, Associated Press  |  Posted   Jul 27th - 12:41pm

Interior Secretary Ryan Zinke called Alaska's two Republican senators to warn them of repercussions for the nation's largest state if they failed to toe the Trump administration line on health care, according to a published report.


GOP seeks support for narrow version of "Obamacare" repeal

Erica Werner and Alan Fram, Associated Press  |  Posted   Jul 27th - 12:32pm

Battered by repeated failures to repeal or replace "Obamacare," Senate GOP leaders retreated to a narrow approach Thursday that would undo just a few of the most unpopular elements of Barack Obama's law. Democrats vowed opposition as the Senate prepared for a bizarre Capitol Hill ritual, a "vote-a-rama" on amendments that promised to last into the wee hours of Friday morning.

Jeff Bezos dethrones Bill Gates as world's richest person

Matt Egan, CNN  |  Posted   Jul 27th - 12:27pm

Just over two decades ago Jeff Bezos started selling books online from his garage. Today, the Amazon CEO is the richest person on Earth.

US stocks dip; drops for tech stocks offset telecom gains

Stan Choe, Associated Press  |  Posted   Jul 27th - 12:13pm

U.S. stock indexes pulled back from their record highs Thursday after drops for technology, health care and industrial stocks offset another big gain for telecoms.

Gambler tied to golfer Phil Mickelson gets 5 years in prison

Larry Neumeister, Associated Press  |  Posted   Jul 27th - 12:13pm

A Las Vegas gambler linked to golfer Phil Mickelson was sentenced Thursday to five years in prison by a judge who said the businessman collected tens of millions of dollars illegally in the stock market to seem like "a winner" to himself and others.

Mail Rail lets tourists visit London's secret postal railway

Jill Lawless, Associated Press  |  Posted   Jul 27th - 12:02pm

London's newest tourist attraction is perfect for underground explorers. It's not ideal for the claustrophobic.

California court could speed up building of bullet train

Sudhin Thanawala, Associated Press  |  Posted   Jul 27th - 11:53am

A California Supreme Court decision Thursday could help speed up construction of a $64 billion bullet train between Los Angeles and San Francisco by allowing the project to sidestep a strict environmental law.

Ohio State Fair opens but rides closed after deadly accident

Julie Carr Smyth, Associated Press  |  Posted   Jul 27th - 11:43am

The Ohio State Fair opened Thursday but its amusement rides remained closed one day after a man was killed and seven other people were injured when a thrill ride broke apart and flung people into the air.

Trump's transgender troops ban divides veterans in Congress

Richard Lardner, Associated Press  |  Posted   Jul 27th - 11:38am

President Donald Trump's decision to ban transgender service in the armed forces drove a wedge through military veterans in Congress, with one camp standing squarely behind the commander in chief and the other decrying his order as an ugly attack on dedicated troops.

Financial personality Ramsey eyes new Tennessee headquarters

The Associated Press  |  Posted   Jul 27th - 11:38am

Financial personality Dave Ramsey has broken ground on a new corporate headquarters in Tennessee.

British police say there are "reasonable grounds" to suspect corporate manslaughter in Grenfell Tower fire

The Associated Press  |  Posted   Jul 27th - 11:38am

British police say there are "reasonable grounds" to suspect corporate manslaughter in Grenfell Tower fire.

Average US mortgage rates fall for 2nd straight week

The Associated Press  |  Posted   Jul 27th - 11:32am

Long-term U.S. mortgage rates fell this week for the second week in a row, despite the Federal Reserve's efforts to lift borrowing costs.

The Latest: Man killed on ride at fair just joined Marines

The Associated Press  |  Posted   Jul 27th - 11:32am

The Latest on Ohio State Fair's deadly accident when a ride broke apart. (all times local):

Online-shopping energizes UPS in second quarter

David Koenig, Associated Press  |  Posted   Jul 27th - 11:22am

If you buy diapers online later this year, UPS begs you to avoid placing the order right around Thanksgiving or Christmas.

Deutsche Bank: Ex-execs to give up $44.9M in bonuses

The Associated Press  |  Posted   Jul 27th - 11:11am

Deutsche Bank says former top executives have agreed to give up 38.4 million euros ($44.9 million) in disputed bonuses that were withheld while the board of directors raised questions about their responsibility for the bank's legal troubles.

House GOP advancing spending boosts for Pentagon, veterans

Andrew Taylor, Associated Press  |  Posted   Jul 27th - 11:02am

The GOP-controlled House is plowing ahead on legislation to give the Pentagon a massive spending boost and deliver a $1.6 billion down payment for President Donald Trump's oft-promised wall along the U.S.-Mexico border.

Shell preparing for world economy that shifts away from oil

Danica Kirka, Associated Press  |  Posted   Jul 27th - 11:02am

Royal Dutch Shell is planning for the day when demand for oil starts fading as major economies move away from oil and increasingly turn to electric-powered cars, Chief Executive Ben van Beurden said Thursday.

Apple ordered to pay $506M in Wisconsin patent infringement

The Associated Press  |  Posted   Jul 27th - 10:57am

A judge has ordered computer-maker Apple Inc. to pay more than $506 million in a patent infringement case brought by the Wisconsin Alumni Research Foundation after the two sides agreed on final damages.