Industrial companies led U.S. stocks mostly lower in late-afternoon trading Tuesday as investors sized up the latest company earnings news. Packaged food and beverage companies were among the big laggards. Health care companies posted some of the biggest gains following news of a plan backed by the White House that […]
FOX News
2 admit roles in $24M benefits scheme that targeted veterans
NEWARK, N.J. – A former official at a New Jersey university and another woman have admitted their roles in a scheme that stole more than $24 million from a federal education benefits program designed to help veterans. Continue Reading Below Fifty-six-year-old Lisa DiBisceglie and 61-year-old Helen Sechrist pleaded guilty Tuesday […]
Chicago fires 2 officers in United passenger dragging case
CHICAGO – The Chicago Department of Aviation has fired two security officers who were involved in an incident in which a passenger was dragged off a United Airlines flight after refusing to give up his seat. Continue Reading Below Officials say one of those officers, a sergeant, also was part […]
Senate moves ahead on GOP budget that’s key to taxes
WASHINGTON – The Senate is moving ahead on a Republican budget plan, a critical step in President Donald Trump and the party’s politically imperative drive to cut taxes and simplify the IRS code. Continue Reading Below The nonbinding budget plan would permit Republicans to pass follow-up tax cuts later this […]
Is Phillips 66 a Buy?
Since gaining its independence in 2012, refining giant Phillips 66 (NYSE: PSX) has significantly outperformed the S&P 500, delivering a better-than-225% total return versus the approximately 100% gain of the index. One of the drivers of that outperformance is that the company has returned $12 billion in cash to investors […]
The top 10 movies on the iTunes Store
iTunes Movies U.S. charts for week ending October 15, 2017: Continue Reading Below iTunes Movies US Charts: 1. Baby Driver 2. War for the Planet of the Apes 3. The House (2017) 4.Wonder Woman (2017) 5. The Emoji Movie Continue Reading Below ADVERTISEMENT 6. Colossal 7. Pirates of the Caribbean: […]
Equifax loses appeal on $7M IRS contract: Here’s why
The Government Accountability Office (GAO) released the full text of its decision to deny Equifax’s (EFX) appeal to preserve its $7.25 million anti-fraud prevention contract with the IRS, rejecting the credit reporting agency’s technical challenge against rival Experian. Continue Reading Below “Based on the evaluation of the vendors’ quotations, the […]
Leading senators say have outline of health insurance deal
WASHINGTON – Two leading senators said Tuesday they have the “basic outlines” of a bipartisan agreement to resume federal payments to health insurers that President Donald Trump has blocked. Both said in separate interviews that they still have unresolved issues but expressed optimism that a compromise was near. Continue Reading […]
Ex-Pennsylvania firm’s CFO gets probation in Humvee fraud
PITTSBURGH – A Pittsburgh man who helped a defense contractor in a $6 million scheme to overcharge the Department of Defense for Humvee window kits has been sentenced to three years’ probation. Continue Reading Below The federal judge says in Tuesday’s sentencing that 52-year-old Harry Kramer must spend the first […]
US homebuilder sentiment rises in October
U.S. homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs following hurricanes Harvey and Irma. Continue Reading Below The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday rose […]