Business News

May 22, 2017 - 6:40 pm
LOS ANGELES (AP) — Litigation is piling up like bonfire kindling against organizers of the Fyre Festival that flamed out in a fiasco. Lawsuits have been filed in federal courts in Los Angeles, New York and Miami in the past month as well as several state courts. A class-action fraud case filed in...
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European Commissioner for the Economy Pierre Moscovici, right, talks with Greece's Finance Minister Euclid Tsakalotos prior to a meeting of Eurogroup finance ministers at the EU Council building in Brussels, Monday May 22, 2017. (AP Photo/Geert Vanden Wijngaert)
May 22, 2017 - 6:38 pm
BRUSSELS (AP) — Greece and its European creditors failed to clinch a deal Monday that would have seen the cash-strapped country get its next batch of bailout loans and secure an agreement on the sort of debt relief measures it can expect to get when its current bailout program ends next year...
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FILE - In this March 24, 2017 file photo, President Donald Trump with Health and Human Services Secretary Tom Price are seen in the Oval Office of the White House in Washington. The Trump administration and House Republicans are asking a federal appeals court for a 90-day extension in a case that's casting a shadow of uncertainty over health insurance for millions of consumers. (AP Photo/Pablo Martinez Monsivais, File)
May 22, 2017 - 3:37 pm
WASHINGTON (AP) — Uncertainty over the future of health care for millions grew deeper Monday as insurers released a blueprint for stabilizing wobbly markets and the Trump administration left in limbo billions of dollars in federal payments. At the federal courthouse, the administration and House...
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In this photo taken May 19, 2017, a GPO worker stacks copies of "Analytical Perspectives Budget of the U.S. Government Fiscal Year 2018" onto a pallet at the U.S. Government Publishing Office's (GPO) plant in Washington. (AP Photo/Carolyn Kaster)
May 22, 2017 - 3:35 pm
WASHINGTON (AP) — The Latest on President Donald Trump's budget for the fiscal year beginning Oct. 1 (all times local): ___ 4:30 p.m. President Donald Trump is proposing to balance the federal budget within a decade by making sharp cuts to social safety-net programs while offering optimistic...
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May 22, 2017 - 3:09 pm
BISMARCK, N.D. (AP) — The $3.8 billion Dakota Access pipeline and a feeder line leaked more than 100 gallons (380 liters) of oil in North Dakota in March. A state Health Department database shows 84 gallons (320 liters) spilled at a pipeline terminal in Watford City March 3. Dakota Access developer...
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May 22, 2017 - 2:53 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico is seeking help from federal court to restructure the debt of the U.S. territory's public pension system, which is projected to run out of money this year. A federal control board overseeing the island's finances said Monday that the move was taken in part...
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FILE - In this May 17, 2017 file photo, House Speaker Paul Ryan of Wis. takes questions from reporters in Washington. The Trump administration and House Republicans are asking a federal appeals court for a 90-day extension in a case that's casting a shadow of uncertainty over health insurance for millions of consumers. (AP Photo/J. Scott Applewhite)
May 22, 2017 - 2:51 pm
WASHINGTON (AP) — Uncertainty over the future of health care for millions grew deeper Monday as insurers released a blueprint for stabilizing wobbly markets and the Trump administration left in limbo the fate of billions of dollars in federal payments. At the federal courthouse, the administration...
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May 22, 2017 - 1:29 pm
BISMARCK, N.D. (AP) — The Dakota Access pipeline system leaked more than 100 gallons (380 liters) of oil in two separate incidents in North Dakota in March as crews prepared the pipeline for operation. They're the $3.8 billion pipeline's second and third known leaks. A state Health Department...
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May 22, 2017 - 1:24 pm
NEW YORK (AP) — Citigroup has agreed to pay nearly $100 million to federal authorities to settle claims that a lack of internal controls and negligence in the bank's Mexican subsidiary may have allowed customers to commit money laundering. The Justice Department announced Monday that Citi's Banamex...
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May 22, 2017 - 11:54 am
GENEVA (AP) — Swiss specialty chemicals maker Clariant and Texas' Huntsman Corp. will attempt to join and create a company with a market value of $13.8 billion, the latest proposed deal in a chemicals industry that is seeking to consolidate rapidly. The companies said Monday they plan to combine in...
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