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US stocks fall; S&P 500 ends with 2nd straight weekly loss

Wall Street capped a choppy week with a second straight weekly loss for the S&P 500 Friday as worries about a potential escalation in the trade war between the U.S. and China erased early gains. Technology companies led the broad slide as investors weighed a report saying the Trump administration is considering ways to limit U.S. investments in China. Bloomberg cited unnamed people familiar with the administration's internal discussions. Uncertainty over the long-running trade war has fueled volatility in the market and stoked worries that the impact of tariffs and other tactics ...

23 states sue Trump to keep California’s emission rules

SACRAMENTO, Calif. (AP) — California sued Friday to stop the Trump administration from revoking its authority to set greenhouse gas emission and fuel economy standards for cars and trucks, enlisting help from 22 other states in a battle that will shape a key component of the nation’s climate policy. Federal law sets standards for how much pollution can come from cars and trucks. But since the 1970s, California has been permitted to set tougher rules because it has the most cars and struggles to meet air quality standards. On Thursday, the National Highway Traffic Safety ...

Fresh US-China trade worries erase early gains for stocks

Wall Street closed out a volatile week with losses Friday as investors worried that upcoming trade talks aimed at resolving the costly trade war between Washington and Beijing could be in trouble. The selling, which erased modest early gains for the market, snapped a three-week win streak for the S&P 500. The benchmark index is still up 2.2% for September. The afternoon market slide came as investors reacted to published reports indicating Chinese officials canceled a planned trip to farms in Montana and Nebraska and would be returning to China. Representatives from the U.S. and ...

Business Briefs for Sept. 16

Laney Lu’s Boutique wins Minnesota’s 2019 Boutique of the Year After more than 340,000 votes were cast, Laney Lu’s Boutique of Redwood Falls was recently named Storefront 2019 Boutique of the Year by shoppers. The Boutique Awards is the only global recognition event for independent boutique retail owners in the fashion industry, hosted by The Boutique Hub & Boutique.Style. The Awards recognize and celebrate the best boutiques across all 50 States in the US, Canada, Australia and the United Kingdom, in the categories of Storefront Boutique of the Year, Online Boutique of the Year, ...

Illinois lawsuit filed against top e-cigarette maker

CHICAGO (AP) — An Illinois teenager who fell ill with a lung disease after vaping for over a year sued a leading e-cigarette maker on Friday, accusing it of deliberately marketing to young people and sending the message that vaping is cool. Attorneys filed a lawsuit in Lake County Circuit Court on behalf of 18-year-old Adam Hergenreder, who was hospitalized at the end of August for about a week after complaining of nausea and labored breathing. The 85-page suit argued Juul Labs conveyed in advertisements and through social media campaigns that kids could boost their social status ...

US stock indexes end mixed; S&P 500 notches third weekly gain

The S&P 500 notched its third straight weekly gain Friday, even as the major U.S. stock indexes ended the day mostly lower. A slide in technology stocks, along with losses in consumer-focused and real estate companies, offset solid gains elsewhere in the market, including big Wall Street banks and industrial stocks. Bond yields rose sharply after the government reported that Americans kept spending money in August, particularly on cars. An easing of tensions in the costly trade war between the U.S. and China bolstered the market this week, renewing hope among investors that a new ...