Business

Vice President Mike Pence addresses supporters during a visit to discuss health care at a roundtable at Tendon Manufacturing in Bedford, Ohio, Wednesday, June 28, 2017. (Joshua Gunter/The Plain Dealer via AP)
June 28, 2017 - 8:33 pm
CLEVELAND (AP) — Vice President Mike Pence says President Donald Trump's administration will repeal former President Barack Obama's health care reforms by the end of the summer. Pence's speech in a Cleveland manufacturing facility Wednesday came as a Republican health care Senate bill faced GOP...
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President Donald Trump speaks during an energy roundtable with tribal, state, and local leaders in the Roosevelt Room of the White House, Wednesday, June 28, 2017, in Washington. (AP Photo/Evan Vucci)
June 28, 2017 - 7:24 pm
WASHINGTON (AP) — The Latest on Republican legislation to repeal and replace the Obama health care law (all times local): 7:30 p.m. Senate Majority Leader Mitch McConnell is exploring options for salvaging the battered Republican health care bill. But he's confronting a growing chorus of GOP...
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FILE - In this Thursday, Oct. 13, 2016, file photo, commuters walk by a Wells Fargo ATM location at New York's Penn Station. On Wednesday, June 28, 2017, the Federal Reserve gave the green light to all 34 of the biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. Those allowed to raise dividends or repurchase shares include the four biggest U.S. banks: JPMorgan Chase, Bank of America, Citigroup and Wells Fargo. (AP Photo/Swayne B. Hall, File)
June 28, 2017 - 5:11 pm
WASHINGTON (AP) — The Federal Reserve has given the green light to all 34 of the biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. It was the first time in seven years of annual "stress...
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FILE - This July 15, 2013, file photo, shows the New York Stock Exchange. Stocks are rising, Wednesday, June 28, 2017, as continued gains in bond yields and interest rates give banks and financial companies another lift. (AP Photo/Mark Lennihan, File)
June 28, 2017 - 4:58 pm
The U.S. stock market notched its biggest gain in two months Wednesday, bouncing back from losses a day earlier. Banks and other financial companies led the rally as investors bet on interest rates climbing further. Banks can make more money on lending when rates move higher. Technology companies...
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FILE - This March 29, 2012, file photo, shows the beef product that critics call "pink slime" during a plant tour of Beef Products Inc. in South Sioux City, Neb. Beef Products Inc. says the settlement reached with ABC in a $1.9 billion defamation lawsuit over the network's reports on its lean, finely textured beef product provides a strong foundation on which to grow the business. The terms of the settlement announced Wednesday, June 28, 2017 are confidential. (AP Photo/Nati Harnik, File)
June 28, 2017 - 3:56 pm
SIOUX FALLS, S.D. (AP) — ABC and a South Dakota meat producer announced a settlement Wednesday in a $1.9 billion lawsuit against the network over its reports on a beef product that critics dubbed "pink slime." The terms of the settlement including its amount are confidential. Dakota Dunes-based...
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FILE - This March 29, 2012, file photo, shows the beef product that critics call "pink slime" during a plant tour of Beef Products Inc. in South Sioux City, Neb. Beef Products Inc. says the settlement reached with ABC in a $1.9 billion defamation lawsuit over the network's reports on its lean, finely textured beef product provides a strong foundation on which to grow the business. The terms of the settlement announced Wednesday, June 28, 2017 are confidential. (AP Photo/Nati Harnik, File)
June 28, 2017 - 3:24 pm
SIOUX FALLS, S.D. (AP) — ABC and a South Dakota meat producer announced a settlement Wednesday in a $1.9 billion lawsuit against the American network over its reports on a lean, finely textured beef product that critics dubbed "pink slime." The terms of the settlement including its amount are...
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June 28, 2017 - 2:33 pm
COLUMBIA, S.C. (AP) — Samsung is investing $380 million in South Carolina to manufacture home appliances, creating an estimated 950 jobs over the next three years, state and company officials announced Wednesday. The South Korean-based company is opening a "state-of-the-art" facility in the former...
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FILE - This July 15, 2013, file photo, shows the New York Stock Exchange. Stocks are rising, Wednesday, June 28, 2017, as continued gains in bond yields and interest rates give banks and financial companies another lift. (AP Photo/Mark Lennihan, File)
June 28, 2017 - 2:33 pm
Banks and other financial companies led U.S. stocks higher in afternoon trading Wednesday as the market bounced back from losses a day earlier. Technology stocks were among the big gainers. Energy companies also rose as the price of crude oil headed higher. Utilities and real estate companies...
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June 28, 2017 - 2:32 pm
BRUSSELS (AP) — In a story June 27 about European regulators' $2.7 billion fine against Google, The Associated Press, relying on incorrect information from a press representative, misspelled the name of an antitrust expert at Georgetown. He is Larry Downes, not Downs. A corrected version of the...
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President Donald Trump speaks during an energy roundtable with tribal, state, and local leaders in the Roosevelt Room of the White House, Wednesday, June 28, 2017, in Washington. (AP Photo/Evan Vucci)
June 28, 2017 - 1:38 pm
WASHINGTON (AP) — The Latest on Republican legislation to repeal and replace the Obama health care law (all times local): 1:35 p.m. Count Maine's Republican Gov. Paul LePage among those opposing the Senate health care bill. LePage was asked if he, like Maine GOP Sen. Susan Collins, backs the...
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