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Business

House votes to bar Arctic drilling; Senate action unlikely

WASHINGTON (AP) — The Democratic-controlled House on Thursday voted to reinstate a decades-long ban on oil and gas drilling in Alaska’s Arctic National Wildlife Refuge — a largely symbolic move aimed at reversing a plan by President Donald Trump to drill in the pristine refuge. The ...

Stocks rise on fresh optimism ahead of US-China trade talks

Stocks rose on Wall Street Thursday after the U.S. and China took steps to ease tensions in their costly trade war, putting investors in a buying mood. Technology, financial and consumer-focused stocks helped power the modest rally, which extended the market’s solid gains from the day ...

Senate OKs Trump nominee Bowman for Federal Reserve

WASHINGTON (AP) — The Senate on Thursday confirmed President Donald Trump's nominee Michelle Bowman to serve a full 14-year term on the seven-member Federal Reserve board. Bowman was approved on a 60-31 vote, winning the support of 49 Republicans and 11 Democrats. Only one Republican, Sen. ...

US stocks notch solid gains as China eases trade tensions

Stocks notched broad gains on Wall Street Wednesday as investors drew encouragement from China’s move to exempt some U.S. products from a recent round of tariffs. Technology, health care and communication services stocks powered much of the rally. The benchmark S&P 500 index, which had ...

Tentative opioids settlement falls short of nationwide deal

HARTFORD, Conn. (AP) — A tentative settlement announced Wednesday over the role Purdue Pharma played in the nation’s opioid addiction crisis falls short of the far-reaching national settlement the OxyContin maker had been seeking for months, with litigation sure to continue against the ...

Vaping group plotted lobbying efforts at Trump’s DC hotel

NEW YORK (AP) — America’s vaping industry has in recent years taken its fight to fend off regulation directly to President Donald Trump’s doorstep, with a lobbying group twice booking annual meetings at his Washington hotel and e-cigarette maker Juul hiring two of his former White House ...