Top News & Analysis Washington

  • ANCHORAGE, Alaska— Alaska Airlines formally broke ground Monday on construction of a $40 million aircraft maintenance hangar in Anchorage. Officials with the Seattle- based airline say the planned 105,000- square-foot structure is part of a $100 million investment in Alaska that includes new cargo planes and rural terminal improvements.

  • According to a regulatory filing, JPMorgan will collect the cash payment from the estate of Washington Mutual Bank, for which the FDIC acts as receiver. JPMorgan had filed lawsuits seeking to force the FDIC to indemnify it on claims relating to the WaMu purchase, in which it also assumed some of the thrift's liabilities. Deutsche Bank had filed a $10 billion...

  • Aug 19- Massachusetts is preparing to levy a 5- cent fee per trip on ride-hailing apps such as Uber and Lyft and spend the money on the traditional taxi industry, a subsidy that appears to be the first of its kind in the United States. "They've been breaking the laws that are on the books, that we've been following for many years," said Larry Meister, manager of the Boston...

  • Eddie Bauer says its retail stores' point-of-sale systems were infected with malware earlier this year, possibly giving hackers access to customers' payment card information. The Bellevue, Washington- based clothing retailer said Thursday it will offer free identity protection services for a year to all customers who shopped at Eddie Bauer stores between...

  • CHICAGO— Four groups led by the American Civil Liberties Union are asking Walgreens for reassurance that its partnership with a Catholic health care system to run in-store clinics in the St. Louis area won't limit women's access to birth control. The drugstore giant announced in April that SSM Health, a St. Louis- based Catholic system, would own and operate 27...

  • JACKSON, Miss.— The Mississippi secretary of state says investment firm Morgan Stanley will pay up to $4.2 million to partially reimburse customers who suffered "inordinate losses" because a portfolio manager allegedly used high-risk investments for people who hadn't agreed to them. He says 194 accounts were in Mississippi and 25 in Louisiana.

  • "Ask Brianna" is a Q&A column for 20- somethings, or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans— all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com.

  • Aug 16- OncoGenex Pharmaceuticals Inc said it was exploring strategic alternatives after its experimental drug failed to show survival benefit in a late-stage study in patients with advanced prostate cancer. The Bothell, Washington- based company's stock tumbled about 35 percent to 58 cents in premarket trading. OncoGenex said on Tuesday it planned to...

  • SEATTLE— When federal agents arrested a Russian man in the Maldives in 2014, they found 1.7 million stolen credit card numbers on his laptop computer, a federal prosecutor told the jury during opening statements. Attorney Seth Wilkinson said of Roman Seleznev. Seleznev's trial in U.S. District Court is expected to run more than two weeks.

  • NEW YORK— The law that bans federal funding for Medicaid coverage of most abortions is now in the spotlight some 40 years after it was passed by Congress, emerging as an election issue in the national debate over the procedure. For most of its existence, the amendment had broad bipartisan support in Congress, but that's now changed. Even if Clinton wins, Democrats...

  • GENEVA/ PARIS, Aug 16- The world's two largest jetmakers are bracing for the next round in a transatlantic spat over billions of dollars of aircraft subsidies, amid accusations of widening U.S. support for Boeing and persistent European aid to Airbus. After a year-long lull, the world's biggest trade dispute will enter a crucial phase in coming months,...

  • The leading U.S. Senate proponent of taking action on global warming was Republican John McCain. But Republicans and Tea Party activists became more convinced that it was— to quote the repeated tweets of presidential nominee Donald Trump— a "hoax." A Republican senator tossed a snowball on the Senate floor for his proof.

  • SEATTLE— When federal agents arrested a Russian man in the Maldives in 2014, they found 1.7 million stolen credit card numbers on his laptop computer, a federal prosecutor told the jury Monday during opening statements. Attorney Seth Wilkinson said of Roman Seleznev. Seleznev's trial in U.S. District Court is expected to run more than two weeks.

  • SEATTLE— Prosecutors describe Roman Seleznev, the son of a Russian lawmaker, as a master hacker who orchestrated an international scheme that resulted in about $170 million in fraudulent credit card purchases. Seleznev faces a 40- count indictment that charges him with running a hacking scheme from 2008 until his arrest in the Maldives in July 2014.

  • *East& West Coast refiners may import more foreign crude. NEW YORK/ HOUSTON, Aug 12- It may seem odd that the opening of one pipeline crossing through four U.S. Gulf Coast refiners and North Dakota oil producers will reap the benefits.

  • WASHINGTON/ NEW YORK, Aug 11- The U.S. Drug Enforcement Administration on Thursday denied requests to stop classifying marijuana as a dangerous drug with no medical use, leaving users and businesses in limbo after many states have legalized it for medical or recreational purposes. Representative Earl Blumenauer, a Democrat from Oregon, said in a statement.

  • LIBERTY LAKE, Wash. _ Itron Inc. on Thursday reported first-quarter earnings of $10.1 million. Three analysts surveyed by Zacks expected $469.2 million. Itron shares have risen 21 percent since the beginning of the year.

  • SEATTLE _ ClearSign Combustion Corp. on Thursday reported a loss of $2.4 million in its second quarter. ClearSign shares have climbed slightly more than 3 percent since the beginning of the year. Keywords: ClearSign Combustion, Earnings Report.

  • SEATTLE _ Nordstrom Inc. on Thursday reported fiscal second-quarter earnings of $117 million. Nordstrom expects full-year earnings in the range of $2.60 to $2.75 per share. Nordstrom shares have dropped nearly 5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 7 percent.

  • District Judge Thelton Henderson in San Francisco said consumers may pursue a claim that General Mills violated the federal Nutrition Labeling and Education Act since it "misbranded" Cheerios Protein, which is sold in Oats& Honey and Cinnamon Almond flavors. Mike Siemienas, a General Mills spokesman, said the Minneapolis- based company does not discuss...