Latest Business News

California sues over Trump halt to truck pollution rule

Jul. 19, 2018 6:54 PM EDT

SAN FRANCISCO (AP) — California and 14 other states sued the U.S. Environmental Protection Agency Thursday over its decision to suspend an Obama-era rule aimed at limiting pollution from trucks. The July 6 decision by the Trump EPA was illegal and could put thousands of additional highly polluting trucks...

IRS nominee clears Senate panel despite Democrat opposition

Jul. 19, 2018 6:42 PM EDT

WASHINGTON (AP) — The Senate Finance Committee narrowly approved on a party-line vote President Donald Trump's choice to become the new head of the IRS, with the panel's Democrats protesting the nomination because of a new IRS policy allowing some groups to hide their donors' identities. The 14-13 vote...

Federal judge tosses out climate change lawsuit

Jul. 19, 2018 6:33 PM EDT

NEW YORK (AP) — New York City's effort to hold oil companies responsible for global warming was rejected by a judge Thursday who said placing blame for the issue is not the judiciary's responsibility. U.S. District Judge John F. Keenan said global warming is a problem best left to the other two branches of...

Hawaii town hopes lava tourism will bring economic relief

Jul. 19, 2018 6:31 PM EDT

HONOLULU (AP) — Stunning images of Hawaii's erupting Kilauea volcano have captivated people around the world. But ironically it's nearly impossible for residents and visitors on the ground to see the lava — a fact that's squeezing the tourism-dependent local economy. Big Island businesses are...

US prosecutors: Water company illegally dumping toxic waste

Jul. 19, 2018 6:21 PM EDT

LOS ANGELES (AP) — A California bottled water company has been charged with illegally disposing of arsenic-tainted wastewater. Federal prosecutors in Los Angeles announced charges Thursday against the company that bottles Crystal Geyser water and two companies that transported and dumped the toxic waste....

In reversal, Pentagon now says it backs GOP measure on birds

Jul. 19, 2018 6:15 PM EDT

WASHINGTON (AP) — In an abrupt reversal, the Pentagon said Thursday it supports a Republican proposal in a defense policy bill that would bar the Fish and Wildlife Service from using the Endangered Species Act to protect two chicken-like birds in the western half of the U.S. In an email to Congress, a top...

State governors delve into foreign diplomacy on trade war

Jul. 19, 2018 6:13 PM EDT

SANTA FE, N.M. (AP) — State governors discussed ways Thursday to court foreign investment in the wake of President Donald Trump's trade disputes with countries including China, Canada and Mexico. Several of the more than 20 governors attending the annual meeting of the National Governors Association said...

Oregon fire crushes hopes of wheat farmers during harvest

Jul. 19, 2018 5:59 PM EDT

PORTLAND, Ore. (AP) — Farmers rushed to save their livelihoods as a wildfire roared through vast Oregon wheat fields Thursday and crushed their hopes at the peak of what was expected to be one of the most bountiful harvests in years. Farmers used water tanks on the backs of pickup trucks and tractors to...

Auto industry urges US to hit brakes on proposed car tariffs

Jul. 19, 2018 5:37 PM EDT

WASHINGTON (AP) — The U.S. Commerce Department sought feedback on President Donald Trump's plans to consider taxing auto imports. It got an earful at an all-day hearing Thursday. Critics lined up to urge the administration to reject auto tariffs. They argued that the taxes would raise car prices, squeeze...

Disney streaming could get boost as Comcast drops Fox bid

Jul. 19, 2018 5:28 PM EDT

NEW YORK (AP) — Comcast is dropping its bid for Fox's entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind "The Simpsons" and X-Men. Getting Fox would help the House of Mouse compete with technology companies such as Amazon and Netflix for...