Business

March 13, 2017 - 6:00 pm
NEW YORK (AP) — Activist investor Bill Ackman has sold his hedge fund's stake in drugmaker Valeant Pharmaceuticals International Inc., saying the investment took up a "disproportionately large amount of time and resources." Pershing Square said Monday that it will realize a "large tax loss" on the...
Read More
FILE - In this April 1, 2011 file photo, Keith Hall testifies on Capitol Hill in Washington. The Congressional Budget Office is a scorekeeper suddenly in the spotlight. The obscure but respected agency, established under the 1974 budget act, provides cost estimates of legislation, baseline projections of the federal budget and its components, and independent economic and deficit statistics for lawmakers. (AP Photo/J. Scott Applewhite, File)
March 13, 2017 - 5:47 pm
WASHINGTON (AP) — The Congressional Budget Office is a scorekeeper suddenly in the spotlight. Monday's estimate of the House GOP's health care measure gave ammunition to Democratic critics of the law, predicting that 14 million people would lose insurance next year. Republicans had been bracing for...
Read More
FILE - In this Friday, Jan. 22, 2016, file photo, a traveler speaks on the phone as he views the arrival and departure board at San Francisco International Airport in San Francisco. U.S. airlines have canceled several thousand flights through Tuesday, March 14, 2017, as a winter storm heads toward the Northeast. The major airlines are waiving ticket-change fees that range up to $200 for customers who want to change their travel plans. Restrictions vary by airline. (AP Photo/Ben Margot, File)
March 13, 2017 - 5:08 pm
U.S. airlines have already canceled more than 6,000 flights Monday and Tuesday as a late-winter storm is expected to dump enough snow to disrupt travel in the Northeast. Southwest Airlines, which carries more domestic passengers than any other airline, doesn't expect to operate any flights Tuesday...
Read More
President Donald Trump speaks during a meeting with his Cabinet in the Cabinet Room of the White House in Washington, Monday, March 13, 2017. Clockwise, from lower left are, Veterans Affairs Secretary David Shulkin, Housing and Urban Development Secretary Ben Carson, Treasury Secretary Steve Mnuchin, Vice President Mike Pence, Attorney General Jeff Sessions, Energy Secretary Rick Perry, UN Ambassador Nikki Haley, Budget Director Mick Mulvaney, EPA Administrator Scott Pruitt, Education Secretary Betsy DeVos, Health and Human Services Secretary Tom Price, Interior Secretary Ryan Zinke, Secretary of State Rex Tillerson, the president, Defense Secretary Jim Mattis, Commerce Secretary Wilbur Ross, Transportation Secretary Elaine Chao and Homeland Security Secretary John Kelly. (AP Photo/Andrew Harnik)
March 13, 2017 - 5:07 pm
WASHINGTON (AP) — Fourteen million Americans would lose coverage next year under House Republican legislation remaking the nation's health care system, and that figure would grow to 24 million by 2026, Congress' nonpartisan budget analysts projected Monday. The figures dealt a blow to a GOP drive...
Read More
The Mobileye logo appears on a screen at the post where it trades on the floor of the New York Stock Exchange, Monday, March 13, 2017. Intel will buy Israel's Mobileye in a deal valued at just over $14 billion, the latest push by a major tech company to advance autonomous vehicles that could change the way traffic moves globally. (AP Photo/Richard Drew)
March 13, 2017 - 5:05 pm
DETROIT (AP) — Computer chip maker Intel paid handsomely for a piece of the next big thing Monday as it offered more than $15 billion for Mobileye, an Israeli company at the forefront of autonomous vehicle technology. The purchase, scheduled to close by year's end, creates another major player in...
Read More
FILE - In this March 9, 2017 file photo, House Speaker Paul Ryan of Wis. uses charts and graphs to make his case for the GOP's long-awaited plan to repeal and replace the Affordable Care Act during a news conference on Capitol Hill in Washington. Republicans pushing a plan to dismantle Barack Obama's health care law are bracing for a Congressional Budget Office analysis widely expected to conclude that fewer Americans will have health coverage under the proposal, despite President Donald Trump's promise of "insurance for everybody." (AP Photo/J. Scott Applewhite, File)
March 13, 2017 - 4:56 pm
WASHINGTON (AP) — The Latest on the House GOP health care bill (all times EDT): 4:50 p.m. House Speaker Paul Ryan is defending the GOP health care bill as budget analysts project that 14 million people would lose coverage next year and 24 million in the next decade. Ryan is focusing on lower...
Read More
March 13, 2017 - 1:56 pm
NEW YORK (AP) — New York City is suing Verizon, saying the phone giant broke its 2008 promise to make its Fios cable service available to all city residents. The city says Verizon missed a 2014 deadline to extend wire by every home or apartment building in the city — in technical parlance, "passing...
Read More
FILE - In this Friday, Jan. 22, 2016, file photo, a traveler speaks on the phone as he views the arrival and departure board at San Francisco International Airport in San Francisco. U.S. airlines have canceled several thousand flights through Tuesday, March 14, 2017, as a winter storm heads toward the Northeast. The major airlines are waiving ticket-change fees that range up to $200 for customers who want to change their travel plans. Restrictions vary by airline. (AP Photo/Ben Margot, File)
March 13, 2017 - 1:55 pm
U.S. airlines have already canceled about 5,300 flights Monday and Tuesday as a late-winter storm is expected to dump enough snow to disrupt travel in the Northeast. Tracking service FlightAware.com said late Monday morning that more than 1,400 flights on Monday and more than 3,900 on Tuesday had...
Read More
March 13, 2017 - 1:49 pm
WASHINGTON (AP) — Agriculture secretary nominee Sonny Perdue says he will step down from several positions at companies bearing his name, restructure family trusts and create blind trusts to avoid a conflict of interest if he is confirmed. In a written agreement with a government ethics agency, the...
Read More
FILE - In this Dec. 15, 2016, file photo, the Yahoo logo appears on a smartphone in Frankfurt, Germany. In a regulatory filing on Monday, March 13, 2017, Yahoo named the top executives who will lead what’s left of the company after its business is sold to Verizon. Current CEO Marissa Mayer will stay at Yahoo until the $4.48 billion Verizon deal closes, expected by the end of June 2017. The filing did not say what will happen to her position after this. (AP Photo/Michael Probst, File)
March 13, 2017 - 1:49 pm
SAN FRANCISCO (AP) — Verizon demanded a $925 million discount on its acquisition of Yahoo's online services to help offset the damage from the biggest data breaches in internet history. It ultimately settled on a $350 million concession. Yahoo disclosed new details about its negotiations with...
Read More

Pages