Business

Business

Financial Markets Glance

Dow Jones Industrials High: 22,386.01 Low: 22,340.71 Close: 22,370.80 Change: +39.45 Other Indexes Standard&Poors 500 Index: 2506.65 +2.78 NYSE Index: 12,131.74 +20.29 Nasdaq Composite Index: 6461.32 +6.68 NYSE Amer Composite: 2613.98 +7.85 Russell 2000 Index: 1440.40 —0.68 Wilshire 5000 TotalMkt:...


Business

The Latest: Intel panel invites Trump lawyer to open hearing

Trump Russia Probe

WASHINGTON (AP) — The Latest on the ongoing investigation into Russia’s alleged interference in the 2016 election (all times local): 5 p.m. The Senate intelligence committee is inviting Donald Trump’s personal lawyer to testify in an open hearing next month as part of its investigation into Russian...


Business

US stocks hit records, dollar weaker as Fed meets

(c) 2017, Bloomberg. Major U.S equity benchmarks padded all-time highs, the dollar fell and Treasuries edged lower after President Donald Trump gave a speech to the United Nations and as the Federal Reserve began a two-day meeting. The S&P 500 index climbed for a third day, though equities remain...


State

BC-ID--Intermountain Grain & Livestock, ID

POCATELLO, Idaho (AP) — Idaho Farm Bureau Intermountain Grain and Livestock Report Tuesday, September 19, 2017. Bids subject to change. BLACKFOOT __ soft white 3.60, unchanged; hard red winter 4.40, unchanged; DNS 5.60, down 5; hard white 4.50, unchanged; BURLEY __ soft white 3.78, unchanged; hard...


Business

Toys 'R' Us creditors saw a game of chicken turn into dominoes

(c) 2017, Bloomberg. After sustaining a crushing load of debt for more than a decade following its 2005 buyout, Toys ‘‘R‘‘ Us succumbed to what it called a “dangerous game of dominoes” that toppled it in a matter of days. Markets had reflected little doubt over the summer that a deal to rescue the...


Business

AP Exclusive: Evidence of spills at toxic site during floods

Harvey Toxic Sites Underwater

PASADENA, Texas (AP) — The U.S. government received reports of three spills at one of Houston’s dirtiest Superfund toxic waste sites in the days after the drenching rains from Hurricane Harvey finally stopped. Aerial photos reviewed by The Associated Press show dark-colored water surrounding the...


Business

China said to weigh relaxing rules for foreign EV makers

(c) 2017, Bloomberg. China is discussing a plan to allow foreign carmakers to set up wholly owned electric-vehicle businesses in its free-trade zones in a major revision of a fundamental principle governing the country’s auto industry policy since the 1990s, according to company officials briefed...


Business

The Finance 202: Obama Wall Street speeches fail to spark Democratic outrage

(c) 2017, The Washington Post. Former President Barack Obama, it turns out, has wasted no time hopping on the Wall Street gravy train. As Max Abelson of Bloomberg News reported Monday, Obama earned $400,000 last month for a speech to New York clients of Northern Trust Corp., an undisclosed sum for...


Business

Bain, KKR, Vornado suffer wipeout in Toys `R' Us bankruptcy

(c) 2017, Bloomberg. Bain Capital, KKR & Co. and Vornado Realty Trust stand to have their Toys “R” Us Inc. investment erased as the retailer they bought in 2005 for $7.5 billion seeks bankruptcy protection. The three firms and their co-investors sank $1.3 billion of equity into the takeover of the...


Business

Equifax's top security exec made some big mistakes. Studying music wasn't one of them.

(c) 2017, The Washington Post. On Friday, Equifax’s chief security officer Susan Mauldin stepped down from her post amid widespread criticism that her company didn’t do enough to prevent its massive data breach. Internet sleuths dutifully began digging into Mauldin’s past - and uncovered what...


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