Government business and finance

FILE - This Monday, Feb. 2, 2009 file photo shows a frozen cherry pie in a store's freezer in Palo Alto, Calif. In 2019, the Food and Drug Administration is preparing to propose getting rid of a federal standard for frozen cherry pie, which say the products must be at least 25% cherries by weight. (AP Photo/Paul Sakuma)
April 19, 2019 - 9:36 am
NEW YORK (AP) — President Donald Trump may soon be able to claim a sweet victory for his deregulation push: Officials are preparing to get rid of decades-old rules for frozen cherry pies. Emails show the Food and Drug Administration planned to start the process for revoking the standard for frozen...
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FILE - In this April 4, 2019, file photo, Tesla CEO Elon Musk leaves Manhattan Federal Court, in New York. In a letter filed on Thursday, April 18, 2019, lawyers for Musk and the U.S. government asked for another week to negotiate a deal to keep Musk from being found in contempt of court. (AP Photo/Richard Drew, File)
April 18, 2019 - 5:40 pm
NEW YORK (AP) — Lawyers for Tesla CEO Elon Musk and U.S. securities regulators are getting another week to negotiate a deal to keep Musk from being found in contempt of court. Both sides say in a letter filed Thursday with a federal court in New York that they talked for over an hour this week and...
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FILE - In this Nov. 14, 2017, file photo, construction workers build one of the Facebook data center buildings in Los Lunas, N.M. A powerful regulatory authority in New Mexico decided Tuesday, April 16, 2019, it is requiring the state's largest utility to bill Facebook $39 million for the construction of a new transmission line, a move that the social media giant says could affect its long-term operations in the state. (Marla Brose/The Albuquerque Journal via AP, File)
April 18, 2019 - 3:53 pm
ALBUQUERQUE, N.M. (AP) — A powerful New Mexico regulatory authority is requiring the state's largest utility to bill Facebook $39 million for a new transmission line construction for its data center — a move the social media giant says it was not expecting. The Public Regulation Commission's on...
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FILE - In this Nov. 30, 2018 file photo, President Donald Trump, center, sits between Canada's Prime Minister Justin Trudeau, right, and Mexico's President Enrique Pena Nieto as they sign a new United States-Mexico-Canada Agreement that is replacing the NAFTA trade deal, during a ceremony at a hotel before the start of the G20 summit in Buenos Aires, Argentina. Trump’s new North America trade agreement would give the U.S. economy only a modest boost, an independent federal agency finds. (AP Photo/Martin Mejia, File)
April 18, 2019 - 3:50 pm
WASHINGTON (AP) — President Donald Trump's new North America trade agreement would give the U.S. economy only a modest boost, an independent federal agency has found. The International Trade Commission said Thursday that Trump's U.S.-Mexico-Canada agreement would lift the U.S. economy by 0.35%, or...
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Senate Majority Leader Mitch McConnell, R-Ky., speaks to reporters at the Capitol in Washington, Tuesday, April 9, 2019. (AP Photo/J. Scott Applewhite)
April 18, 2019 - 1:57 pm
LOUISVILLE, Ky. (AP) — Senate Majority Leader Mitch McConnell said Thursday he plans to introduce legislation to raise the minimum age to buy tobacco products from 18 to 21 nationally, rating the health initiative as one of his top priorities. The Senate leader said his bill will cover all tobacco...
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FILE - In this file photo taken on Monday, Dec. 19, 2016, a client leaves PrivatBank as other clients take money from PrivatBank's cash machine in Kiev, Ukraine. A Ukrainian court has ruled that the 2016 nationalization of the major bank PrivatBank, owned by a powerful tycoon Ihor Kolomoyskyi, was illegal. (AP Photo/Efrem Lukatsky, File)
April 18, 2019 - 9:59 am
KIEV, Ukraine (AP) — A Ukrainian court on Thursday ruled that the 2016 nationalization of a major bank owned by a tycoon was illegal, sending shockwaves through the country's financial community. Privatbank, Ukraine's biggest lender, was nationalized in 2016 after authorities discovered a capital...
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FILE - In this April 12, 2019, file photo morning clouds cover Capitol Hill in Washington. On Thursday, April 18, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/J. Scott Applewhite, File)
April 18, 2019 - 8:14 am
The number of Americans filing for unemployment benefits dropped to the lowest level in nearly half a century. The Labor Department says claims for jobless aid fell by 5,000 last week to 192,000, lowest since September 1969. The four-week average, which is less volatile, dropped by 6,000 to 201,250...
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In this Friday, April 12, 2019 photo, bridges over the Missouri River connect Plattsmouth, Neb., bottom, and Mills County, Iowa, top. This spring’s massive flooding along the Missouri River unearthed bitter criticism of the federal agency that manages the river while devastating communities and causing more than $3 billion in damage. The flooding and the U.S. Army Corps of Engineers’ actions will be the focus of a U.S. Senate hearing in western Iowa on Wednesday, April 17, and critics will demand the agency make flood control its top priority. (AP Photo/Nati Harnik)
April 17, 2019 - 2:12 pm
GLENWOOD, Iowa (AP) — The federal agency that manages dams along the Missouri River received stern criticism from several U.S. senators Wednesday during a hearing held in Iowa to examine the massive spring flooding this year that caused more than $3 billion in damage in the Midwest. The flooding...
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April 17, 2019 - 1:27 pm
NEW YORK (AP) — New York state will grant free state tuition and room and board to the families of New York military members killed or disabled while on duty, Democratic Gov. Andrew Cuomo announced Wednesday. The move comes after President Donald Trump and Republican state lawmakers criticized a...
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April 17, 2019 - 12:18 pm
COLUMBUS, Ohio (AP) — How might Ohio better regulate hospitals following allegations that an intensive care doctor ordered excessive painkiller doses for dozens of patients who then died? That's the question facing officials in Ohio, the only state that doesn't license general hospitals. Being that...
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