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Last Updated May 29, 2015 05:57PM

Los Angeles • Father and son Chinese immigrants have pleaded guilty in a case of suspected money laundering for Mexican drug cartels in the Los Angeles fashion district. Xilin (SHE’-lin) Chen and his son, Tom Chen, pleaded guilty Friday in …

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  • AmEx president dies suddenly on corporate jet
    American Express said company President Ed Gilligan died suddenly Friday after falling ill while flying on a corporate plane to New York. Gilligan, 55...
    Updated May 29 2015 05:54 pm   |     |   Share
  • Obama’s vow to veto fishing law sparks fight
    Portland, Maine • A White House pledge to veto proposed changes to federal fishing laws has divided fishermen over whether the rule changes should be ...
    Updated May 29 2015 05:33 pm   |     |   Share
  • Gold gains as slowdown eases risk of Fed rate rise
    New York • Gold futures advanced after the U.S. said the economy contracted in the first quarter, easing concern that the Federal Reserve will be quic...
    Updated May 29 2015 05:27 pm   |     |   Share
  • Amazon picks Ohio as Midwest cloud hub
    Columbus, Ohio • Amazon has selected Ohio as a major Midwest hub for its cloud computing operations, a decision the governor hailed Friday as a victor...
    Updated May 29 2015 05:21 pm   |     |   Share


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    Oklahoma City • Oklahoma cities and counties would no longer be able to ban hydraulic fracturing — a process commonly called fracking — or other oil a...
    Updated May 29 2015 05:18 pm   |     |   Share
  • Drought opens chance to be Australian beef baron
    Sydney • An area twice as big as Texas is in drought in eastern Australia. Yet realtors say there’s rarely been a better time to buy farmland Down Und...
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  • Jacob J. Lew, US Secretary of the Treasury, passes US flags after a press conference at the G7 Finance Ministers meeting in Dresden, eastern Germany, Friday, May 29, 2015. (AP Photo/Jens Meyer) U.S. presses Europeans to solve Greek crisis
    Dresden, Germany • Finance ministers from the Group of Seven wealthy democracies heard a sharp call from U.S. Treasury Secretary Jacob Lew to find agr...
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  • FILE  In this Wednesday, July 23, 2014 file photograph, a pair of bicyclists pedal past older attached homes, some with boarded windows on the north end of Atlantic City, N.J. A loan program that was supposed to lend as much as $40 million to struggling homeowners and businesses in this cash-strapped resort city has given out nothing and instead led to a federal lawsuit. Atlantic City is suing to get back $3 million it gave to the company that has failed to run the Community Loan Program, launched in 2013 by Lorenzo Langford, the mayor at the time. (AP Photo/Mel Evans,file)  2 court fights after failed Atlantic City loan
    Camden, N.J. • The future of a company that Atlantic City’s former mayor gave $3 million by to run a loan program that has yet to make a loan is being...
    Updated May 29 2015 05:03 pm   |     |   Share
  • In this Aug. 6, 2014 photo provided by CKE Restaurants, company CEO Andy Puzder speaks at a news conference in Austin, Texas, to highlight Carl’s Jr.’s commitment to the state. Carl’s Jr. and Hardee’s ads featuring starring nearly naked women have become a part of American culture, according to Puzder. (Jack Plunkett/Carl's Jr. via AP) Carl’s boss: Not all models can eat burgers
    New York • Carl’s Jr. and Hardee’s ads starring nearly naked women have become a part of American culture, according to Andy Puzder, CEO of the chains...
    Updated May 29 2015 11:09 am   |     |   Share
  • U.S. oil, natural gas rig count drops by 10 to 875
    Houston • the number of rigs exploring for oil and natural gas in the U.S. declined by 10 this week to 875, oilfield services company Baker Hughes Inc...
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  • (FILE - In this Jan. 24, 2015 file photo, Baseball Commissioner Bud Selig pauses during an interview with The Associated Press)   in New York. A new attraction opening this week at the home of the Milwaukee Brewers pays homage to former team owner and retired baseball commissioner Selig. “The Selig Experience” at Miller Park is also just as much a celebration of the franchise’s history and a symbol of baseball’s rock-solid future in Milwaukee. (AP Photo/Mary Altaffer, File) Silk Road founder gets life for online drug site
    New York • A San Francisco man who created the online drug-selling site Silk Road has been sentenced to life in prison. A judge in Manhattan federal c...
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  • Bank of America fined $30M for debt collection
    Washington • Bank of America has been fined $30 million by U.S. regulators, who accused the bank of violating consumer protections for members of the ...
    Updated May 29 2015 03:36 pm   |     |   Share
  • FILE - In this  Aug. 17, 2007, file photo, Rep. J. Dennis Hastert, front, R-Ill., announces that he will not seek reelection for a 12th term as he stands on the steps of the old Kendall County courthouse with, from left, his son Josh; wife Jean; and daughter-in-law Heidi, grandson Jack, in Yorkville, Ill. Federal prosecutors have indicted Thursday, May 28, 2015, the former U.S. House Speaker on bank-related charges. (AP Photo/Brian Kersey, File) Stocks end week down after weak economic data
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    Updated May 29 2015 03:18 pm   |     |   Share
  • GameStop and Greif are big market movers
    New York • Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE • GameStop Corp...
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  • John Ryan poses for a photo in his office at his house in Aldie, Va., Friday, May 29, 2015. For the first time, a major study has shown that a drug targeting the body's disease-fighting immune system may improve survival for the most common form of lung cancer. Ryan was diagnosed with incurable lung cancer two years ago. Standard cancer medicine left him exhausted, prone to infections and did little to shrink the tumor. In October 2013 he joined the immunotherapy study and was randomly assigned to get Opdivo. Three months later his tumor had been reduced by 65 percent and he felt well enough to help his son cut down a large tree for firewood. (AP Photo/Manuel Balce Ceneta) Cancer drugs that use immune system succeed
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  • Brazil economy shrinks less than estimated in Q1
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  • NTSB: Google test drone crashes in New Mexico
    Washington • A prototype of the massive, solar-powered drone Google plans to build as a platform for delivering Internet service from the sky was dest...
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  • Report: Health insurer Humana may be for sale
    Trading of Humana shares halted briefly Friday afternoon as speculation grew that one of the nation’s biggest health insurers might be up for sale. An...
    Updated May 29 2015 01:03 pm   |     |   Share
  • FILE - In this  Aug. 17, 2007, file photo, Rep. J. Dennis Hastert, front, R-Ill., announces that he will not seek reelection for a 12th term as he stands on the steps of the old Kendall County courthouse with, from left, his son Josh; wife Jean; and daughter-in-law Heidi, grandson Jack, in Yorkville, Ill. Federal prosecutors have indicted Thursday, May 28, 2015, the former U.S. House Speaker on bank-related charges. (AP Photo/Brian Kersey, File) Stocks solidly lower after weak economic data
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