Home Depot’s sales improved during its fiscal second quarter as consumers remained focused on smaller projects amid cost concerns and economic uncertainty, but its performance missed Wall Street’s expectations. The retailer stood by its prior forecast for revenue and profit over the full year. Revenue for the three months ended Aug. 3 climbed to $45.28 [...]
A coalition of attorneys general from 20 states and Washington, D.C., is asking a federal judge to stop the U.S. Department of Justice from withholding federal funds earmarked for crime victims if states don’t cooperate with the Trump administration’s immigration enforcement efforts. The lawsuit filed Monday in Rhode Island federal court seeks to block the [...]
LAS VEGAS (AP) — Tourism in Las Vegas is slumping this summer, with resorts and convention centers reporting fewer visitors compared to last year, especially from abroad. The city known for lavish shows, endless buffets and around-the-clock gambling welcomed just under 3.1 million tourists in June, an 11 percent drop compared to the same time [...]
Ten Medicaid providers — including a Columbus woman — are accused of stealing a combined $1.9 million from the government health-care program for the needy, according to indictments filed this week by the Ohio attorney general’s office. Nine home-health aides and one provider of home-delivered meals face varying felony charges of Medicaid fraud and theft [...]
BANGKOK (AP) — Japanese technology giant SoftBank Group plans to take a $2 billion stake in computer chip maker Intel as it deepens its involvement in American semiconductor manufacturing and other advanced technology in the United States, the companies said. SoftBank plans to buy $2 billion of Intel’s common stock, paying $23 per share. That [...]
NASHVILLE, Tenn. (AP) — The nation’s largest public utility plans to buy power from an upcoming advanced nuclear plant to help fuel Google data centers in Tennessee and Alabama, according to a deal announced this week. The Tennessee Valley Authority, California-based Kairos Power and Google say the agreement will deliver up to 50 megawatts of [...]
WASHINGTON (AP) — The Justice Department has agreed to provide to Congress documents from the Jeffrey Epstein sex trafficking investigation, a key House lawmaker said in announcing a move that appears to avert, at least temporarily, a potential separation of powers clash. The records are to be turned over starting Friday to the House Oversight [...]
WASHINGTON (AP) — The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare if Congress does not act, the nonpartisan Congressional Budget Office reported. The CBO estimates that Medicare, the federal health insurance program for Americans over age 65, could potentially see as much as $491 [...]