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IBM beats Wall Street expectations on earnings

ARMONK, N.Y. (AP) — International Business Machines Corp. (IBM) on Wednesday reported second-quarter profit of $2.4 billion.  The Armonk, New York-based company said it had profit of $2.61 per share. Earnings, adjusted for one-time gains and costs...

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General: New tech center in Austin will keep Army relevant 

The U.S. Army’s new technology center in Austin, named its Futures Command, is necessary for the military branch to remain “the best army in the world,” Army Lt. Gen. Eric Wesley said Wednesday. Wesley, who is in Austin this week with a team of Army...

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Trump says Air Force One to get red, white and blue makeover

President Donald Trump says Air Force One is getting a patriotic makeover. Trump says the familiar baby blue color on the presidential aircraft will give way to a red, white and blue color scheme. Updated models could be in service before...

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US eases Obama-era coal ash pollution rules for utilities

The Trump administration on Wednesday eased rules for handling toxic coal ash from more than 400 U.S. coal-fired power plants after utilities pushed back against regulations adopted under former President Barack Obama. Environmental Protection...

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Fed says trade war downturn could pose challenges

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank has tools it can use to cushion the potential economic fallout from a trade war. But he told Congress the effort could be challenging if higher tariffs push inflation up too...

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Tennessee zipper company in crosshairs of buy-American laws

Robert Kwasnik has a zipper problem — and it has come to the attention of the highest levels of the U.S. government. Kwasnik is president of Dunlap Industries, a small manufacturing company in Appalachia that for more than 15 years made zippers...

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Frustrated US lawmakers threaten action on Trump's tariffs

Lawmakers are losing patience with the Trump administration's reliance on tariffs to win trade disputes and are talking increasingly about legislative action to protect U.S. jobs. A senior Republican senator has threatened legislation to...

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Detroit man gets probation in livestreamed killing of friend

A Detroit man has been sentenced to three years of probation for accidentally shooting and killing a friend while they were streaming live on Instagram. Dawone Cook was sentenced Wednesday. In addition to the probation, he must complete 100...

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Regulators seek end to stricter oversight of Zions Bancorp

A panel of federal regulators is proposing lifting the strict government oversight imposed on Zions Bancorp, a big regional bank that received a taxpayer-funded bailout during the 2008 financial crisis. The unanimous decision by the Financial...

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US launches national security probe into uranium imports

The Commerce Department has started an investigation into the impact of uranium imports on U.S. national security, a move that could limit future imports and add another front to the Trump administration's trade fight. Commerce Secretary...

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