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Markets mixed …Fewer crackdowns on polluters last year…Amid CEO drama, business as usual at Amazon

UNDATESD (AP) — Major stock indexes ended unevenly Friday after a late-day recovery erased most of the market’s early losses. The burst of buying nudged the S&P 500 to its second weekly gain in a row. The S&P 500 rose 1 point, or 0.1 percent, to 2,707. The Dow lost 63 points, or 0.3 percent, to close at 25,106 while the Nasdaq added 9 points, or 0.1 percent, to end up at 7,298. Meantime, the Russell 2000 picked up less than a point, or 0.1 percent, to 1,506.

WASHINGTON (AP) — Civil and criminal crackdowns on polluters dropped sharply in the second year of the Trump administration, according to 2018 enforcement figures released by the Environmental Protection Agency. The Trump administration EPA says the agency is taking a new tack with polluters, giving states more of a role in regulation and enforcement and stressing education and voluntary compliance with offenders as well as fines and criminal prosecution.

HARRISBURG, Pa. (AP) — Pennsylvania is halting construction permits for natural gas pipelines operated by a company whose pipeline exploded last year. The governor says Energy Transfer LP has failed to respect the state’s laws and communities. The state Department of Environmental Protection says the Texas-based company is not fixing problems related to the explosion, and piled yet another penalty onto a company project in the state.

NEW YORK (AP) — New York Gov. Andrew Cuomo warns that what he calls “political pandering” to critics of Amazon’s proposed secondary headquarters could sink New York’s biggest-ever economic development deal. But opponents say they’ll keep fighting a project they see as corporate welfare. The back-and-forth came after The Washington Post reported that Amazon is reconsidering its planned New York City headquarters because of opposition from local politicians.

NEW YORK (AP) — With its CEO engulfed in personal drama, Amazon is carrying on as usual. Jeff Bezos, who founded the online retailer, has been grappling with a divorce, an extramarital affair made public by The National Enquirer, and now his accusations that he is being blackmailed and extorted by the tabloid. But analysts and experts don’t expect any of that to make much difference to Amazon itself. They point out that Bezos has been able to balance his responsibilities at the helm of the world’s largest online retailer while also running a space exploration company and owning The Washington Post.

Associated Press

Associated Press

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