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  • Congress cooperates _ and fights _ as recess nears Wednesday, 30 Jul 2014 | 4:39 PM ET

    WASHINGTON— Eager to begin a monthlong break, Congress leavened its customary heavy partisanship on Wednesday with a pinch of compromise, advancing legislation to repair the deeply troubled Department of Veterans Affairs and working to clear funds for highway construction at home and missile defense in Israel.

  • AP Top Extended Financial Headlines At 12:18 p.m. EDT Wednesday, 30 Jul 2014 | 12:18 PM ET

    US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter Fed widely expected to make sixth reduction in bond purchases at this week's meeting Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers US stocks turn lower, erasing an early gain; Genworth Financial, Goodyear Tire& Rubber sink Small businesses step up hiring pace as healthier economy boosts revenue Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Texas lawyer sues GM over ignition switch defects on behalf of 658 plaintiffs Republicans block Senate bill that would curb tax breaks for firms moving operations overseas Dubai, European airlines diverting flights that once flew over Iraq out of security fears

  • AP Top Extended Financial Headlines At Noon EDT Wednesday, 30 Jul 2014 | 11:55 AM ET

    US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter Fed widely expected to make sixth reduction in bond purchases at this week's meeting Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers Small businesses step up hiring pace as healthier economy boosts revenue Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Texas lawyer sues GM over ignition switch defects on behalf of 658 plaintiffs Republicans block Senate bill that would curb tax breaks for firms moving operations overseas Dubai, European airlines diverting flights that once flew over Iraq out of security fears Major markets little changed after report of stronger US growth; Twitter flies high

  • GOP blocks tax hike on firms moving overseas Wednesday, 30 Jul 2014 | 11:20 AM ET

    The Senate voted 54-42 to end debate on the bill, six short of the 60 votes needed to advance it. The White House says President Barack Obama supports the legislation.

  • IMF says Cyprus will need more spending cuts Wednesday, 30 Jul 2014 | 10:08 AM ET

    NICOSIA, Cyprus— Cyprus' president on Wednesday rebuffed an International Monetary Fund assessment that Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program.

  • McDonald's, franchisees liable in worker disputes Wednesday, 30 Jul 2014 | 7:17 AM ET
    A worker puts together an order of Chicken McNuggets at a McDonald's restaurant in Little Falls, N.J.

    McDonald's and its franchisees can be held liable in complaints that the company violated employee rights, an official at the U.S. NLRB said.

  • Senate tires of patching highway programs Wednesday, 30 Jul 2014 | 4:10 AM ET

    WASHINGTON— The Senate delivered an unexpectedly strong vote Tuesday in favor of taking action later this year to resolve the chronic funding problems that have bedeviled highway and transit programs, a sign that Congress may have reached the limit of its patience with short-term fixes.

  • House GOP scrambles for votes on border bill Wednesday, 30 Jul 2014 | 3:44 AM ET

    WASHINGTON— House Republicans, scrambling to win conservative support for a bill addressing the immigration crisis on the border, have scheduled a companion vote on legislation to block President Barack Obama from extending deportation relief to any more immigrants here illegally.

  • Bribery case kicks off vs. Utah attorneys general Wednesday, 30 Jul 2014 | 3:37 AM ET

    SALT LAKE CITY— Two former Utah attorneys general made their first appearance as criminal defendants Wednesday, vowing to beat a slew of bribery charges and other counts. Between the two, Mark Shurtleff and John Swallow spent nearly 13 years running Utah's top law enforcement office.

  • Terror threats at chemical plants underestimated Wednesday, 30 Jul 2014 | 2:40 AM ET

    The yearlong investigation by Republican staff on the Senate Homeland Security Committee paints a portrait of inspection delays, government errors in risk assessment and industry loopholes in a $595 million terror prevention program passed by Congress in 2006..

  • Ticket me Elmo: NYC weighs street character law Wednesday, 30 Jul 2014 | 1:39 AM ET

    NEW YORK— A summer spike in costumed characters behaving badly in Times Square— most recently a Spider-Man accused of punching a police officer— has turned up the heat on plans to regulate the legions of Elmos, Cookie Monsters and Statues of Liberty who often demand money for posing in photos with tourists.

  • Billions of GI Bill funds go to for-profit schools Wednesday, 30 Jul 2014 | 12:02 AM ET

    Tom Harkin, D- Iowa, a critic of the for-profit education industry who chairs the Senate Health, Education, Labor and Pensions committee, finds that for-profit colleges received $1.7 billion in Post-9/11 GI Bill benefits in the 2012-2013 school term.

  • popular dating website intentionally misled couples about their suitability could open it up to a U.S. Federal Trade Commission inquiry, according to lawyers and experts in consumer-protection law.

  • July 29- McDonald's Corp, not just its franchisees, can be held liable in complaints that the company violated employee rights, an official at the U.S. NLRB general counsel Richard Griffin Jr. wrote in the letter that of the 181 complaints filed against the fast-food chain since November 2012 in connection with employee protests, 43 had merit.

  • Senate amends highway bill, delaying final action Tuesday, 29 Jul 2014 | 6:09 PM ET

    WASHINGTON— The Senate has amended a House-passed highway bill. The Senate's action requires that the bill go back to the House. Leaders there say they will reject the Senate change.

  • Senate bill would end NSA phone records collection Tuesday, 29 Jul 2014 | 4:57 PM ET

    Patrick Leahy on Tuesday introduced a bill to end the National Security Agency's bulk collection of phone records, a proposal that goes further than a similar House measure and has drawn support from civil liberties groups, the White House and Republicans.

  • Lawmakers employ gimmicks to pay for highway funds Tuesday, 29 Jul 2014 | 3:41 PM ET

    WASHINGTON— The House and Senate have passed competing versions of legislation to prevent the federal trust funds providing highway and transit funds from running dry next month and to buy more time for Congress to draft a new highway bill.

  • Argentina is out of legal options to avoid paying a court-ordered $1.33 billion, plus interest, to the holdout creditors who declined to restructure their bonds.

  • Hawaii health care faces federal threat Tuesday, 29 Jul 2014 | 1:00 PM ET

    HONOLULU— Janice Nakamura knows the financial burden of going without health care, and she's thankful for the Hawaii law that strictly mandates expansive, employer-provided coverage for her and her family.

  • WASHINGTON, July 29- An attorney at the U.S. Securities and Exchange Commission who once helped craft legislative language for the "Volcker rule" and other major pieces of the 2010 Dodd-Frank financial reform law is returning to Capitol Hill.