Business

Government

One last last chance: GOP strains for Obamacare repeal votes

Congress Health Overhaul

WASHINGTON (AP) — Time growing short, President Donald Trump and Republican Senate leaders dove into a frantic hunt for votes Tuesday in a last-ditch effort to repeal and replace “Obamacare.” The pressure was intense, the outcome uncertain in a Capitol newly engulfed in drama over health care....


Business

Investors have gotten a boost from the Fed for 9 years; that ends Wednesday

(c) 2017, The Washington Post. The nine-year-and-counting bull market in stocks could come to a screeching halt on Wednesday when the Federal Reserve delivers a highly anticipated and climactic announcement that its eight-year experiment in easy money is over. Or not. Many think the Fed’s historic...


Business

Brooklyn seen as best bet for NYC to win new Amazon headquarters

(c) 2017, Bloomberg. (Bloomberg) -- Brooklyn may emerge as an attractive lure in New York City’s long-shot bid to become Amazon.com Inc.‘s new home. The borough’s image as a hip hub for millennials could give it a leg up as the e-commerce giant hunts for the perfect locale for its second U.S....


Business

Toys 'R' Us files for bankruptcy amid struggle to pay down billions in debt

(c) 2017, The Washington Post. Toy store chain Toys R Us filed for bankruptcy Monday night after struggling for years to pay down billions of dollars in debt and remain relevant in an era of online shopping. Toys R Us been spiraling toward bankruptcy for years as it failed to keep up with...


Business

Your chances of getting a bigger raise or bonus in 2018 just went down

(c) 2017, The Washington Post. Middle-class incomes are on the rise, corporate profit growth has been particularly strong and unemployment is low. But don’t expect all that good economic news to translate into a big bonus next year: Companies are actually projecting a decline in their budgets for...


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...


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