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Top News & Analysis Washington

  • WASHINGTON— Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. Home sales rose 3.3 percent in January from December to a seasonally adjusted annual rate of 5.69 million, the National Association of Realtors said Wednesday. Strong demand is pushing up median home prices, which jumped 7.1 percent...

  • Feb 22- Verizon Communications Inc said on Wednesday it would offer its high-speed wireless 5 G network to certain customers in 11 U.S. cities in the first half of 2017.. Verizon will begin pilot testing 5 G "pre-commercial services" in cities, including Atlanta, Dallas, Denver, Houston, Miami, Seattle and Washington, D.C.. AT&T Inc said in January that it planned to test...

  • BISMARCK, N.D.— The Latest on plans to close a protest encampment near the Dakota Access pipeline construction site in North Dakota:. Authorities in North Dakota say Dakota Access pipeline protesters set about 20 fires on the day their longstanding camp was scheduled for closure. A 7- year-old boy and a 17- year-old girl were taken by ambulance to a Bismarck...

  • SPOKANE, Wash. _ Avista Corp. on Tuesday reported fourth-quarter profit of $40.1 million. On a per-share basis, the Spokane, Washington- based company said it had profit of 62 cents. For the year, the company reported profit of $137.2 million, or $2.15 per share.

  • The National Association of Realtors reports on January sales of existing U.S. homes Wednesday at 10 a.m. Eastern. Economists forecast sales will tick up to a seasonally adjusted 5.55 million, up from 5.49 million in December. :Sales of existing homes slipped in December to a seasonally adjusted annual rate of 5.49 million.

  • BELLEVUE, Wash. _ BSquare Corp. on Tuesday reported a fourth-quarter loss of $1.3 million, after reporting a profit in the same period a year earlier. The Bellevue, Washington- based company said it had a loss of 10 cents per share. Bsquare shares have dropped 2 percent since the beginning of the year.

  • VANCOUVER, Wash. _ Nautilus Inc. on Tuesday reported fourth-quarter earnings of $11.6 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Five analysts surveyed by Zacks expected $132.7 million.

  • SEATTLE _ Expeditors International of Washington Inc. on Tuesday reported fourth-quarter earnings of $110.6 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share. Three analysts surveyed by Zacks expected $1.62 billion.

  • BOSTON— Duck boats, the popular sightseeing vehicles in cities around the country, have lost some of their appeal because of a string of recent accidents. In Boston, new safety regulations will go into effect in April after a duck boat ran over and killed a 28- year-old woman on a motor scooter last spring. In Philadelphia, a duck boat operator suspended its tours...

  • DETROIT, Feb 20- Traffic jams cost U.S. drivers an average of $1,200 a year in wasted fuel and time, and much more in Los Angeles, the city with the world's biggest rush hour traffic delays, according to a study by INRIX Inc released on Monday. While Thailand was the world's most congested country in 2016, according to the study, the United States had the worst traffic...

  • President Donald Trump speaks before signing an executive order rolling back regulations from the 2010 Dodd-Frank law on Wall Street reform at the White House in Washington February 3, 2017.

    A new travel ban will not stop green card residency holders or travelers already on planes, Homeland Security John Kelly said.

  • SAN FRANCISCO, Feb 17- The state of Delaware will sell $225 million of general obligation bonds on Feb. 23, the largest offer in a trading week shortened by the Presidents Day holiday on Monday. The subdued level of supply is in line with the low-volume trend that began at the outset of the month, according to Alan Schankel, managing director and municipal strategist...

  • WASHINGTON— Presidents since Franklin Delano Roosevelt have loved to tour Boeing factories. President Donald Trump on Friday touted the latest Boeing 787 Dreamliner as proof of a coming American manufacturing renaissance. Nearly five years ago, President Barack Obama made a similar visit to the facility in Everett, Washington.

  • NORTH CHARLESTON, S.C., Feb 17- President Donald Trump promised to boost U.S. manufacturing and punish companies for moving jobs overseas during a visit on Friday to a South Carolina Boeing Co plant to celebrate the unveiling of its latest Dreamliner jet. Trump repeated his campaign threat that any company that lays off American workers to move to another...

  • TORONTO/ NEW YORK, Feb 17- Kinder Morgan Inc has begun talks with institutional investors including major Canadian pension funds and private equity firms to raise capital for the C $6.8 billion expansion of its Trans Mountain pipeline project, according to people familiar with the process. The biggest U.S. pipeline company, which has said its goals for 2017...

  • TORONTO/ NEW YORK, Feb 17- Kinder Morgan Inc has begun talks with institutional investors including major Canadian pension funds and private equity firms to raise capital for the C $6.8 billion expansion of its Trans Mountain pipeline project, according to people familiar with the process. The biggest U.S. pipeline company, which has said its goals for 2017...

  • Delta Air Lines planes at John F. Kennedy Airport in New York City.

    Delta said Thursday it will start serving meals to all passengers on 12 long-haul routes over the next several weeks.

  • WASHINGTON— President Donald Trump and a leading Republican are highlighting a key fact about labor secretary nominee Alexander Acosta: He has been confirmed three times by the Senate. Acosta's nomination is off to a good start because he's already been confirmed by the Senate three times, "said Sen. Lamar Alexander, R- Tenn., the chairman of the Senate panel that...

  • SEATTLE _ Marchex Inc. on Thursday reported a fourth-quarter loss of $5.7 million, after reporting a profit in the same period a year earlier. The Seattle- based company said it had a loss of 14 cents per share. For the year, the company reported a loss of $84.1 million, or $2.01 per share, swinging to a loss in the period.

  • SEATTLE _ Impinj Inc. on Thursday reported fourth-quarter earnings of $103,000. For the current quarter ending in April, Impinj expects its results to range from a loss of 6 cents per share to earnings of 1 cent per share. Impinj shares have risen slightly since the beginning of the year.