WASHINGTON – President Donald Trump promised tax cuts Friday “which will be the biggest in the history of our country” following Senate passage of a $4 trillion budget that lays the groundwork for Republicans’ promised tax legislation. Continue Reading Below Republicans hope to push the first tax overhaul in three […]
FOX Business News
Tax reform adds more fuel to financials’ rally
U.S. stocks were poised to finish the week on a strong note, with major stock indices hovering near record highs, receiving another boost on Friday after the Senate passed a budget blueprint for the next fiscal year. Continue Reading Below The budget, passed late Thursday evening, paves the way for […]
Recalls this week: wind-up toys, ottomans, wood chippers
More than a half-million windup toys are being recalled this week because a piece poses a choking hazard to young children. Other recalled consumer products this week include off-highway vehicles and wood-chippers. Continue Reading Below Here’s a more detailed look: WINDUP MUSICAL TOYS DETAILS: Carter’s, Child of Mine, Guess How […]
Hawaii boat crash spurs new concerns about foreign fishermen
HONOLULU – A boat that ran aground off Honolulu while transporting foreign fishermen to work in Hawaii’s commercial fishing industry has raised new questions about the safety and working conditions for foreign laborers in this unique U.S. fleet. Continue Reading Below A long, cramped journey to the United States for […]
Senators press EPA head for concessions on biofuels mandate
WASHINGTON – The head of the Environmental Protection Agency is looking to make peace on biofuels standards with senators from big corn-growing states who could upend President Donald Trump’s nominees for important EPA jobs. Continue Reading Below EPA Administrator Scott Pruitt has written GOP Sen. Joni Ernst of Iowa and […]
NOT REAL NEWS: A look at what didn’t happen this week
A roundup of some of the most popular, but completely untrue, headlines of the week. None of these stories are legit, even though they were shared widely on social media. The Associated Press checked these out; here are the real facts: Continue Reading Below NOT REAL: Illegal Alien Charged With […]
Markets Right Now: Banks, technology lead gains for stocks
NEW YORK – The latest on developments in financial markets (All times local): Continue Reading Below 11:45 a.m. Stocks are moving higher in midday trading on Wall Street, led by gains in technology companies and banks. Synchrony Financial jumped 4.4 percent Friday and Citizens Financial rose 1.1 percent. Both reported […]
Why Athenahealth Is Soaring Today
What happened Continue Reading Below Shares of Athenahealth (NASDAQ: ATHN), a provider of software used in the healthcare industry, rose 10% in early-morning trading on Friday in response to the release of third-quarter earnings. So what Here are the key takeaways from the third quarter: Revenue grew 10% to $304.6 million. […]
Letters from regulators go unanswered, Axon slides
NEW YORK – Shares in Axon, the maker of Taser stun guns, are down 3 percent after the company revealed that it failed to respond to a series of letters from regulators regarding its financial filings. Continue Reading Below In a response late Thursday to the Securities and Exchange Commission, […]
BMW offices get ‘inspection’ in preliminary collusion probe
FRANKFURT, Germany – BMW said Friday that European Commission staff conducted an “inspection” at company offices in Munich earlier this week in connection with news media allegations that German carmakers colluded on technology including diesel emission controls. Continue Reading Below BMW said it was assisting the European Union’s executive arm […]