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TUESDAY, FEB. 14, 2017


In this Tuesday, Aug. 19, 2014, file photo, a pedestrian walks past a sign for Aetna Inc., at the company headquarters in Hartford, Conn. Aetna and Humana are calling off a $34 billion deal to combine the two major health insurers after a federal judge, citing antitrust concerns, shot down the deal. (Jessica Hill / AP)

UPDATED: TUESDAY, FEB. 14, 2017, 11:54 A.M.

Aetna, Humana terminate merger agreement

Health insurance giants Aetna and Humana announced Tuesday that they have formally abandoned their efforts to merge after a federal judge upheld the Justice Department’s decision to block the $37 billion deal last month.

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TUESDAY, FEB. 14, 2017, 9:15 A.M.

PSA Group exploring takeover of GM’s European unit Opel

FRANKFURT, Germany – France’s PSA Group, maker of Peugeot and Citroen cars, says it’s exploring a “potential acquisition” of Opel, General Motors’ money-losing European business. PSA Group said in a statement Tuesday that it was considering “numerous strategic initiatives” that ...

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Federal Reserve Chair Janet Yellen appears on Capitol Hill in Washington, Tuesday, Feb. 14, 2017, before the Senate Banking Committee. Yellen said that the central bank still expects to raise interest rates gradually this year. But she said the Fed also recognizes the dangers of waiting too long to tighten credit. (Andrew Harnik / AP)

TUESDAY, FEB. 14, 2017, 7:51 A.M.

Janet Yellen expects gradual pace for hikes but sees risk in delay

WASHINGTON – Federal Reserve Chair Janet Yellen said Tuesday that the central bank still expects to raise interest rates gradually this year. But she said the Fed also recognizes the dangers of waiting too long to tighten credit. Testifying to Congress for the first time since President Donald Trump took office, Yellen referred implicitly to the ambitious economic program Trump has promised. She said the Fed recognizes that sharp changes in tax policy and government spending could influence the central bank’s decisions.

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TUESDAY, FEB. 14, 2017, 7:15 A.M.

Wholesale prices rose in January, led by gasoline

WASHINGTON – Higher costs for gasoline costs helped fuel a rise in U.S. wholesale prices in January, but overall inflation still appears to be in check. Producer price index, which measures price changes before they reach consumers, increased 0.6 percent ...

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TUESDAY, FEB. 14, 2017, 6:33 A.M.

Delta Air employees get bonuses averaging $13,000

Delta Air Lines employees in the Puget Sound region on Tuesday will be paid annual payments from the airline’s profit-sharing plan averaging about $13,000 each pretax. More than 3,300 local employees will be paid a total of $43.1 million, the ...

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MONDAY, FEB. 13, 2017

In this Wednesday, Sept. 7, 2016, file photo, Apple CEO Tim Cook announces the new iPhone 7 during an event to announce new products, in San Francisco. (Marcio Jose Sanchez / AP)

UPDATED: MONDAY, FEB. 13, 2017, 6:04 P.M.

The $1,000 iPhone and other rumors about Apple’s next smartphone

It may only be February, but it seems like people are already getting excited about the next iPhone, which is expected to debut this fall. Shares of Apple are trading above their all-time high Monday, fueled in part by mounting speculation about the new iPhone – which many expect will get a substantial makeover.

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MONDAY, FEB. 13, 2017, 1:04 P.M.

Documents show safety issues led to major fine for Boeing

SEATTLE – Newly released documents show that Boeing paid $12 million in late 2015 to settle Federal Aviation Administration investigations into safety issues. Though it was revealed in 2015 that Boeing paid the settlement, documents The Seattle Times obtained this ...

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Weekend Wild Card — 2.25-26.17

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