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Wires

  • Grumbles says Maryland petitioned the EPA for a finding that 36 power plant units in Indiana, Kentucky, Ohio, Pennsylvania and West Virginia are emitting air pollution affecting the state's air quality. He says the EPA has not taken action on the state's petition as required. In January, the EPA issued a six-month extension to act, setting a July 15 deadline that...

  • WASHINGTON, July 20- The Republican-led U.S. Senate Finance Committee unanimously on Thursday approved President Donald Trump's pick for the Treasury Department's top tax policy job, sending the nomination on to consideration by the full Senate. David Kautter, a former Senate legislative aide and long-time tax policy expert, would play a key role in the...

  • BRUSSELS/ LONDON, July 20- The European Union and Britain offered few compromises at their first full round of Brexit talks which ended on Thursday, and the pound fell on worries that British ministers were prepared to walk away without a divorce deal. While negotiators laid out their disagreements in Brussels, Prime Minister Theresa May met company bosses at...

  • WASHINGTON, July 20- The latest version of U.S. Senate Republicans' legislation to repeal and replace the Affordable Care Act would leave 22 million Americans without health insurance coverage by 2026, the U.S. The Arizona Republican, known for his feisty independence, tweeted "unfortunately for my sparring partners in Congress, I'll be back soon, so stand-by!"

  • LAWRENCE, Mass.— Protesters are rallying outside a New Balance sneaker factory in Massachusetts where U.S. House Speaker Paul Ryan is expected to talk about Republican plans for tax reform. Paul Ryan is not welcome here. " Thursday's rally was organized by the Massachusetts chapter of the Service Employees International Union, which represents health care...

  • NEW YORK, July 20- Citigroup Inc trimmed its outlook on Friday for the profitability of its North American branded credit cards business to a 2.15 percent return on assets from 2.25 percent. Chief Financial Officer John Gerspach, speaking in a quarterly conference call with fixed income investors, said the revision is a result of changing interest rates and a...

  • *Wall Street treads water near records, Europe stocks dip. NEW YORK, July 20- The euro surged to approach a two-year high against the U.S. dollar on Thursday after Europe's central bank chief said officials would discuss possible changes to its bond-buying scheme this autumn, while world equity markets headed for a 10th day of gains. Though European Central Bank...

  • Average long-term U.S. mortgage rates declined this week after two straight weeks of increases.

  • DETROIT, July 20- The president of the United Auto Workers said on Thursday he feels "very strongly" that workers at Nissan Motor Co Ltd's plant in Canton, Mississippi, would support union representation if they voted now, but added that reports of intimidation by the automaker could change that. "A campaign can change from day to day and this will depend on employees...

  • TUNIS, July 20- Tunisia's prime minister vowed on Thursday to push ahead with a war against corruption to restore trust in the state, adding this would exclude no-one whatever their political affiliation. During the two last months, Tunisia's government has confiscated the property and frozen bank accounts of 15 prominent businessmen arrested on suspicion...

  • NEW YORK, July 20- Elias Sanchez, Governor Ricardo Rossellós liaison to Puerto Ricos financial oversight board who has been criticized over his financial disclosures, resigned on Thursday. Puerto Rico is in a historic economic crisis, with $72 billion in debt it cannot repay, a 45 percent poverty rate, and insolvent public pensions. Espacios Abiertos, a Puerto...

  • *Sears soars after Amazon deal to sell Kenmore appliances. *Home Depot, Best Buy, Lowe's fall on Sears-Amazon deal. July 20- The S&P and the Dow traded little changed in early afternoon session on Thursday, weighed by a drop in retailers and tepid earnings from some big names, while the tech-heavy Nasdaq edged higher.

  • LONDON, July 20- European shares dropped on Thursday as a jump in the bloc's currency following the European Central Bank's policy meeting weighed on exporters, while disappointing updates prompted big moves on individual stocks. The rally in both the currency and bond yields came after the ECB left its ultra easy monetary policy unchanged, and President...

  • WASHINGTON, July 20- The Justice Department said on Thursday it had dropped a requirement that Harley-Davidson Inc should spend $3 million to reduce air pollution as part of a settlement that the Obama administration had announced in August. Last year, the Milwaukee- based motorcycle maker agreed to pay a $12 million civil fine and stop selling illegal...

  • He recently started a project, the Boring Company, to build transport tunnels. In tweets on Thursday he said he had "just received verbal government approval for the Boring Company to build an underground NY-Phil-Balt-DC hyperloop. Without clarifying, he also tweeted that a first set of tunnels would be to "alleviate greater LA urban congestion," adding that the...

  • BUENOS AIRES, July 20- Argentina will be able to export lemons to Mexico for the first time after sanitary inspection agencies from the two countries reached a deal, Argentina's agriculture ministry said on Thursday. Mexico became the third major export market this year to open to Argentina, the world's largest producer and exporter of lemons.

  • CHICAGO— President Donald Trump's administration has ended Affordable Care Act contracts that brought assistance into libraries, businesses and urban neighborhoods in 18 cities, meaning shoppers on the insurance exchanges will have fewer places to turn for help signing up for coverage. People will have 45 days to shop for 2018 coverage, starting Nov. 1 and...

  • WASHINGTON/ OTTAWA, July 20- Top Canadian and Mexican diplomats expressed optimism on Thursday that a NAFTA deal could be reached early next year and cautioned that widespread uncertainty over the future of the three-way trade agreement had slowed business investment. Mexico's ambassador to the United States, Geronimo Gutierrez, said his country wanted to...

  • July 20- The world's largest brewer Anheuser Busch InBev said on Thursday it was acquiring Hiball, a San Francisco- based producer of energy drinks and owner of the Alta Palla brand of organic sparkling juices and sparkling waters. The acquisition marks another step into the non-alcoholic drinks sector for the company, which already produces the...

  • "Temperatures will continue to bake the northern Plains and western Corn Belt until the weekend, with triple-digit readings expected in parts of Iowa," Farm Futures senior analyst Bryce Knorr said in a note to clients. The benchmark Chicago Board of Trade September soft. At 11:39 a.m. CDT, Chicago Board of Trade corn.