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Updated: 14 min 36 sec ago

Pennsylvania woman sentenced to prison for $4M tax fraud

Fri, 06/16/2017 - 6:20pm
A Pennsylvania woman who operated two tax preparation businesses has been sentenced to nearly four years in prison for filing $4 million in fraudulent tax returns.
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Philadelphia teachers, district reach tentative contract

Fri, 06/16/2017 - 5:46pm
The School District of Philadelphia and its teachers have agreed on a tentative contract after over four years of negotiations.
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Trump submits financial information detailing trust assets

Fri, 06/16/2017 - 5:20pm
President Donald Trump is outlining the financial health of the business assets he placed into a trust when he took office.
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Booz Allen and Target tumble while Whole Foods, Finisar soar

Fri, 06/16/2017 - 5:18pm
Stocks that moved substantially or traded heavily Friday: Whole Foods Market Inc., up $9.62 to $42.68 Amazon agreed to buy the grocery chain for $42 a share, or about $13.4 billion.
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AP FACT CHECK: Trump keeps much of Obama's Cuba policy

Fri, 06/16/2017 - 5:14pm
President Donald Trump has declared that he's "cancelling the previous administration's" Cuba policy, which he calls "one-sided" in favor of Havana.
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Trump releases his 2016 financial disclosure, revealing assets of his trust and details of post-election finances

Fri, 06/16/2017 - 5:06pm
Trump releases his 2016 financial disclosure, revealing assets of his trust and details of post-election finances.
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How major US stock market indexes fared on Friday

Fri, 06/16/2017 - 4:49pm
Amazon's $13.4 billion deal for Whole Foods sent grocery stores, big retailers, and food makers and distributors plunging Friday.
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Figures on government spending and debt

Fri, 06/16/2017 - 4:44pm
Figures on government spending and debt in millions of dollars.
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Dow Closes At Record For 4th Week Of Gains, Nasdaq Slips For 2nd Week

Fri, 06/16/2017 - 4:21pm
The Dow industrials closed higher for a fourth straight week, setting a record close Friday while the Nasdaq closed lower for a second as tech shares sold off.
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Genesis HealthCare to pay $53.6M to settle US probes

Fri, 06/16/2017 - 4:16pm
Federal prosecutors say Genesis Healthcare has agreed to pay $53.6 million to settle allegations that it submitted false claims for unnecessary therapy and nursing care.
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The Latest: Genesis HealthCare pleased to resolve probes

Fri, 06/16/2017 - 4:07pm
The Latest on a settlement with Genesis HealthCare to resolve allegations that the company and its subsidiaries filed false claims with the U.S. government (all times local): 1 p.m. Genesis HealthCare says it is pleased to resolve allegations that the company and its subsidiaries had submitted false claims for unnecessary therapy and nursing care.
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An ETF Twist for Traditional Mid-Cap Exposure

Fri, 06/16/2017 - 4:06pm
As investors consider alternative ways to access various markets to potentially enhance returns or better manage risks, consider a smart beta exchange traded fund option for traditional exposure to the S&P MidCap 400. Specifically, the Oppenheimer Mid Cap Revenue ETF (NYSEArca: RWK) selections components from the broad basket of S&P MidCap 400 stocks but reweights…
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Father's Day founder was renegade, great-granddaughter says

Fri, 06/16/2017 - 3:54pm
This Father's Day, Betsy Roddy will write two cards: one to her dad, and the other to her late great-grandmother, Sonora Smart Dodd.
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Amazon CEO Bezos has billions more to give away thanks to Whole Foods deal

Fri, 06/16/2017 - 3:51pm
The tech-titan is feeling philanthropic amid his $13.7B play for Whole Foods.
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Tulsa BMX facility proposal fails due to Coke contract

Fri, 06/16/2017 - 3:46pm
Plans that included $15.2 million from a larger tax renewal package to bring USA BMX to Tulsa has hit a roadblock.
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Amazon's Whole Foods deal could spark bidding war

Fri, 06/16/2017 - 3:45pm
Amazon's Whole Foods buy isn't signed and sealed just yet...meaning other bidders could come to the table before the acquisition closes.
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Ontario securities watchdog bans former mogul Drabinsky

Fri, 06/16/2017 - 3:44pm
Ontario's securities watchdog says former Broadway theater mogul Garth Drabinsky has been permanently banned from becoming a director or officer of a publicly traded company in Canada's largest province.
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The top 10 songs and albums on the iTunes Store

Fri, 06/16/2017 - 3:35pm
iTunes' Official Music Charts for the week ending June 15, 2017: Top Songs 1. Despacito (feat.
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Oil ETFs’ Changing Drivers of Return

Fri, 06/16/2017 - 3:23pm
Crude oil and related exchange traded funds may gain momentum as a recovering global economy, rising inflationary pressures and efforts to cut down the global supply glut may help support the market. “The expected global economic backdrop remains broadly supportive for the energy sector in coming years. Demand for oil remains robust driven by further…
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New York Times sues FBI to get notes of Comey-Trump talks

Fri, 06/16/2017 - 3:00pm
The New York Times has gone to court to try to get copies of documents created by fired FBI director James Comey after his conversations with President Donald Trump.
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