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Home Sales Up 3.7% in January Across the U.S.

Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates. The Commerce Department says new home sales rose 3.7 percent to a seasonally-adjusted 555,000 units.…

Yahoo Salvages Verizon Deal with $350 Million Discount

Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts. The revised agreement, announced Tuesday,…

Naked Drinks to Tweak Labels to Make Ingredients Clearer

PepsiCo will tweak the labels for some Naked juices and smoothies to make clearer what ingredients they contain. The changes should start appearing in about eight months, said Maia Kats, director of litigation for the Center for Science in the…

United, American Begin Selling Cheaper Economy-Class Fare

American and United have started selling cheaper "basic economy" fares as they battle discount airlines for the most budget-conscious travelers. American announced early Tuesday that it began selling the new fares for flights starting March 1 on 10 different routes…

Burger King, Tim Hortons Parent to Buy Popeyes for $1.8B

Restaurant Brands International says it's buying Popeyes for $1.8 billion, bringing the chicken chain under the same corporate umbrella as Burger King and Tim Hortons. The move fits with Restaurant Brands' approach of taking over well-known fast-food chains it sees…

New John F. Kennedy Stamp Marks Centennial of His Birth

The U.S. Postal Service has unveiled a new stamp to mark the 100th anniversary of President John F. Kennedy's birth. The Forever stamp was released Monday during the annual Presidents Day family festival at the John F. Kennedy Presidential Library…

New Disability Savings Program in Alabama

The state of Alabama is launching a savings program meant to help people with disabilities. The new Enable Savings Plan Alabama is modeled on a national program that lets people save tax-free for future expenses related to disabilities. A statement…

TRAFFIC ALERT: Troopers Work on Two Separate Crashes on I-65

Alabama State Troopers are working two separate crashes on Interstate 65 that involve road blockage. The first occurred around 9 a.m. on I-65 Southbound near mile marker 194-195. It is an overturned travel trailer that initially had both SB lanes…

Long-term Mortgage Rates Slipping

WASHINGTON (AP) - Long-term mortgage rates slipped again this week. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate loans eased to 4.15 percent from 4.17 percent last week. The benchmark rate stood at 3.65 percent a year ago…

Starbucks to Test Coffee and Ice Cream Concoction

Starbucks plans to start testing concoctions that mix coffee and ice cream. The Seattle chain said it will serve "affogato" varieties of hot or cold coffee over ice cream at 100 stores in Orange County, California, starting Wednesday, with pricier…

Cigna Rejects $48 Billion Anthem Takeover, Sues for Damages

Cigna says it is rejecting Anthem's proposed $48 billion acquisition bid and suing the Blue Cross-Blue Shield insurer. The announcement comes hours after another major insurer, Aetna, said it was abandoning its planned $34 billion purchase of Medicare Advantage provider…

Judge Gives Initial OK to Deal for VW Emissions Cheating

A federal judge in San Francisco has granted initial approval to a deal worth at least $1.2 billion that aims to compensate the owners of roughly 78,000 Volkswagens that were rigged to cheat on emissions tests. U.S. District Judge Charles…

State Surplus Auction to be Held in Montgomery

Vehicles, office furniture, kitchen equipment, TVs, computers and even hospital beds are just a few of the items that can be found at the State of Alabama surplus property auction on Wednesday, Feb. 15. The Surplus Property Division of the…

U.S. Unemployment Claims Fall to 12-week Low

The number of Americans seeking unemployment benefits dipped to a 12-week low at the start of February, a sign of a stable job market for U.S. workers. The Labor Department says claims for jobless aid fell 12,000 last week to…

Domino's Pizza Launches Wedding Registry before Valentine's

Forget the fine china. Domino's Pizza has launched a wedding registry site that allows couples to order the pie of their dreams. Domino's spokeswoman Jenny Fouracre says the company launched the site just in time for Valentine's Day so couples…

Trump Huddles with Airline Executives at the White House

President Donald Trump says he wants airline travelers to have the best service with minimal delays. Trump is speaking at the start of a meeting with the chief executives of several airlines, including Delta, United and Southwest. Executives from air…

GOP Running into Opposition from GOP on Tax Overhaul

House Republicans face opposition to their plan to overhaul the way corporations pay federal taxes from a powerful group of lawmakers - other Republicans. The Senate's No. 2 Republican and the chamber's top Republican tax-writer have both been critical. And…

Apple Snaps Out of iPhone Slump, But What's Next?

Apple has snapped out of the first sales slump in the iPhone's decade-long history, but the upturn doesn't mean that the company has broken out of its innovation funk. If anything, the numbers Apple released Tuesday served as the latest…

Data: Self-driving Cars Needing Less Human Help Than in Past

Self-driving car prototypes appear to be getting better at negotiating California streets and highways without a human backup needing to intervene. California regulators released documents Wednesday which report data from 11 companies that have been testing the technology on public…

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