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Sunday, April 23, 2017, 12:41 a.m.


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U.S. home resales up 4.4% in March

posted: 04/22/2017 1:59 a.m. Discuss

WASHINGTON -- Sales of previously owned homes climbed 4.4 percent in March to a seasonally adjusted annual rate of 5.71 million, the National Association of Realtors said Friday. It was the fastest pace in a decade.

GOP bill hits hard at Dodd- Frank

posted: 04/22/2017 1:58 a.m. Comments 3

House Republicans are working to undo regulations put in place under President Barack Obama to rein in Wall Street, offering the industry relief from dozens of rules.

VW to pay $2.8B criminal penalty

posted: 04/22/2017 1:57 a.m. Discuss

DETROIT -- A judge on Friday ordered Volkswagen to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests, blessing a deal negotiated by the government for a "massive fraud" orchestrated by the German automaker.

At G-20, free-trade benefits stressed

posted: 04/22/2017 1:56 a.m. Discuss

WASHINGTON -- The world's major economies are united in their belief that free trade delivers healthy economic growth. But they also agree that more needs to be done for those left behind, and President Donald Trump's administration is letting it be known that it intends to make sure that America's trade deals are fair for U.S. workers.

R.I. resort town aims to keep ride-hailing firms on mainland

posted: 04/22/2017 1:55 a.m. Discuss

NEW SHOREHAM, R.I. -- Twelve miles and a ferry ride from the New England shore, Block Island is one of the last major tourist destinations in the United States without Uber or Lyft -- and many islanders want it to stay that way.

Poor earnings report hurts Kate Spade's buyout leverage

posted: 04/22/2017 1:55 a.m. Discuss

Kate Spade & Co. has attracted interest from high-end rivals Coach Inc. and Michael Kors Holdings Ltd., since the handbag-maker put itself up for sale in February, according to people familiar with the matter.

Market report: Indexes end week on losing note

posted: 04/22/2017 1:54 a.m. Discuss

NEW YORK -- U.S. stocks slumped Friday as financial and health care companies moved lower. Industrial companies rose as stocks continued the up-and-down pattern they've been stuck in for the past month.

Exxon's Russia waiver denied

posted: 04/22/2017 1:54 a.m. Discuss

Exxon Mobil Corp. won't be allowed to bypass U.S. sanctions against Russia to resume drilling for oil in a joint venture that seeks to tap billions of barrels of Russian crude.

Business news in brief

posted: 04/22/2017 1:53 a.m. Discuss

U.K. won't outlaw mandatory high heels

News in brief

posted: 04/22/2017 1:52 a.m. Discuss

Jury hits Wal-Mart with $12.4M verdict

Wal-Mart CEO paid $23.4M, an increase from year before

posted: 04/21/2017 4:30 a.m. Comment 1

Wal-Mart Stores Inc. revealed the compensation packages for its top executives Wednesday, showing an increase in pay for Chief Executive Officer Doug McMillon and details regarding new U.S. e-commerce chief Marc Lore's financial agreement with the company.

West Memphis plant inauguration today

posted: 04/21/2017 4:30 a.m. Comment 1

A new $15 million manufacturing plant and testing laboratory in West Memphis with close ties to the Clean Line Energy project, which is roundly opposed by Arkansas’ delegation in Congress, officially opens today.

Conway bank sets 1Q record

posted: 04/21/2017 4:30 a.m. Comment 1

Home BancShares, which owns Centennial Bank branches in four states, had record net income of $46.9 million in the first quarter, the Conway bank said Thursday.

Ignore pesticides data, firm urges

posted: 04/21/2017 1:53 a.m. Comment 1

WASHINGTON -- Dow Chemical is pushing the Trump administration to ignore the findings of federal scientists who point to a family of widely used pesticides as harmful to about 1,800 critically threatened or endangered species.

FCC votes to loosen rules on TV mergers, bulk broadband cost

posted: 04/21/2017 1:51 a.m. Discuss

WASHINGTON -- The Federal Communications Commission on Thursday accelerated its deregulation push under Republican control, voting to ease limits on broadcast-TV ownership and prices that large telecom companies can charge businesses and governments for bulk broadband services.






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