Top News & Analysis Ohio

  • The settlement, which would still need approval from the Federal Energy Regulatory Commission, allows transportation rates to be increased by 34.8 percent. The settlement also requires TransCanada to spend $837 million over three years to upgrade its ANR pipeline system. ANR connects markets in Wisconsin, Michigan, Illinois and Ohio with supplies from...

  • WASHINGTON— The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year's end. For the first time in nearly two years and for the first time since Janet Yellen became Fed chair in February 2015, there were three dissents to the Fed's statement. The three officials are all presidents of regional Fed...

  • DETROIT— Evenflo is recalling nearly 30,000 combination booster seats because children can loosen the harness without an adult's knowledge. The Miamisburg, Ohio, company will notify registered owners and provide a remedy kit with a replacement harness adjustment button at no cost. The recall is expected to start on Sept. 26.

  • Trump Jr. said Wednesday in Salt Lake City that his tweet was spurred by his concern as a father about inadequate vetting of people coming into the United States. His remarks came during a visit with editorial boards from the Mormon-owned Deseret News and KSL-TV. Trump Jr. said "We've seen what's going on in Europe.

  • The IRS chief made the remarks at a House Judiciary Committee hearing on a drive by hard-line conservatives to oust Koskinen. Their impeachment resolution accuses him of lying to lawmakers, ignoring subpoenas and overseeing an agency that destroyed emails as Congress investigated how the IRS subjected tea party groups seeking tax exemptions to harsh...

  • WASHINGTON— Facing bipartisan outrage from a Senate panel over accusations of employee misconduct, Well Fargo CEO John Stumpf appeared taken aback by the intensity of the verbal lashing. Debit cards were issued and activated, as well as PINs created, without customers knowing, U.S. and California regulators said as they fined San Francisco- based Wells Fargo a...

  • Treasury Secretary Jack Lew speaks on U.S.-Africa Trade and Investment before a forum hosted on the occasion of the 71st session of the UN General Assembly and is co-hosted by the U.S. Department of Commerce and Bloomberg Philanthropies- 1805 GMT. DUBLIN- Bank of England's executive director of insurance supervision, David Rule, at the General Insurance...

  • Treasury Secretary Jack Lew speaks on U.S.-Africa Trade and Investment before a forum hosted on the occasion of the 71st session of the UN General Assembly and is co-hosted by the U.S. Department of Commerce and Bloomberg Philanthropies- 1805 GMT. DUBLIN- Bank of England's executive director of insurance supervision, David Rule, at the General Insurance...

  • Hours after the states announced their lawsuit, the U.S. Chamber of Commerce and other business groups filed a separate challenge to the rule in the same federal court in Sherman, Texas. "Once again, President Obama is trying to unilaterally rewrite the law," Texas Attorney General Ken Paxton said in a statement. Paxton and Nevada Attorney General Adam Laxalt...

  • Hours after the states announced their lawsuit, the U.S. Chamber of Commerce and other business groups filed a separate challenge to the rule in the same federal court in Sherman, Texas. "Once again, President Obama is trying to unilaterally rewrite the law," Texas Attorney General Ken Paxton said in a statement. Paxton and Nevada Attorney General Adam Laxalt...

  • WASHINGTON— Donald Trump and Hillary Clinton say they raised record amounts of money in August for their presidential bids— a total of $233 million just in one month. And wealthy donors are pouring millions of dollars more into outside groups involved in the race for the White House and Senate contests. The payment from Make America Number 1 to Conway's The...

  • LAS VEGAS— Officials from 21 states sued the U.S. Department of Labor Tuesday over a new rule that would make about 4 million higher-earning workers eligible for overtime pay, slamming the measure as inappropriate federal overreach by the Obama Administration. Nevada Attorney General Adam Laxalt, a Republican, filed the lawsuit in U.S. District Court in...

  • Sinclair said that while it previously anticipated a decline in presidential ad spending based on late fundraising by the campaign of Republican nominee Donald Trump, it has yet to see significant spending even at the levels it initially expected. Leslie Moonves, chief executive of CBS Corp, downplayed Sinclair's warning in remarks at an investor...

  • Sept 20- U.S. Senate lawmakers excoriated Wells Fargo& Co's chief on Tuesday for his oversight of the bank as it opened 2 million bogus customer accounts, potentially laying the groundwork for new rules and reviving questions of whether banks are "too big to fail." Chief Executive Officer John Stumpf told the Senate Banking Committee on Tuesday that customers who...

  • "Once again, President Obama is trying to unilaterally rewrite the law," Texas Attorney General Ken Paxton said in a statement. Plaintiffs in Tuesday's lawsuit include the states of Texas, Nevada, Michigan, Wisconsin, Georgia and Ohio, among others. Last week, in response to reports that a lawsuit challenging the rule was imminent, Labor Department official David...

  • The lawsuit filed in federal court in Sherman, Texas says under the rule, which is set to take effect Dec. 1, many state employees would become eligible for overtime pay even though they perform management duties that should make them exempt. The lawsuit was spearheaded by Texas Attorney General Ken Paxton and his counterpart in Nevada, Adam Laxalt.

  • Sept 20- Wells Fargo& Co's chief executive officer told a Senate panel on Tuesday that customers who had bogus accounts opened in their name will be made whole and compensated for any damage to their credit rating, but some Democratic senators called for his resignation. Under fire, CEO John Stumpf told the Senate Banking Committee he has told his managers to do "...

  • RENO, Nev.— Eldorado Resorts has agreed to buy Missouri- based Isle of Capri Casinos for $1.7 billion in combined stocks and cash, a move that will add 13 casino-resorts to the Reno- based company's portfolio. The company based in the St. Louis area operates 14 casino properties in Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri and Pennsylvania.

  • The bank's board of directors is examining what action it should take against company executives, Stumpf told the Senate Banking Committee. Earlier this month, the lender agreed to pay $190 million in penalties and customer payouts to settle a case in which bank employees created credit, savings and other accounts without customer knowledge.

  • WASHINGTON— Unemployment rates in U.S. presidential swing states, including Florida and North Carolina, mostly fell in August compared with a year ago. But they were up in some hotly contested states, such as Pennsylvania, where the rate jumped to 5.7 percent from 4.9 percent 12 months earlier, according to a report Tuesday from the U.S. Labor Department.