Industrials

Latest: California agency OKs $11B twin water tunnels plan

The Latest on California's proposal to build two giant water tunnels (all times local): 3:50 p.m. California's largest water agency has approved a nearly $11 billion plan to help fund two enormous delivery tunnels, breathing new life into Gov.

Asian shares meander following gains on upbeat trade talk

Stocks are rising on Wall Street Tuesday after Chinese President Xi Jinping offered possible concessions in a trade dispute with the U.S. Xi promised to reduce China's tariffs on imported cars and to improve intellectual property protection, steps that could help the U.S. and China reduce recent tensions over trade.

EPA gives North Dakota power to regulate CO2 wells

The Trump administration has given North Dakota the power to regulate underground wells used for long-term storage of waste carbon dioxide captured from industrial sources such as coal-fired power plants.

Business Highlights

___ Analysis: Tax cuts, spending to raise deficit to $1T by 2020 WASHINGTON (AP) — A new analysis says President Donald Trump's tax cuts and last month's big spending bill will send the federal deficit toward $1 trillion.

Global markets rise amid uncertainty over US-China trade

Asian stock markets rose Monday amid uncertainty about an escalating U.S.-Chinese tariff dispute after President Donald Trump said a settlement was possible but his advisers said other nations might add to pressure on Beijing.