Top News
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IRS worker: No political bias against tea party
2013-06-19 06:17:09 UTC
WASHINGTON (AP) — An Internal Revenue Service manager and self-described conservative Republican said the close scrutiny of tea party groups' tax forms originated in his Cincinnati IRS office and not in Washington, according to a full transc...
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House, Senate on diverging paths on agency budgets
2013-06-19 06:12:29 UTC
WASHINGTON (AP) — Republicans controlling the House unveiled slashing cuts Tuesday to a program that helps localities build community development projects, while their rivals in the Democratic-led Senate proposed to restore GOP cuts to in...
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Chrysler agrees to recall of Jeeps at risk of fire
2013-06-19 05:46:46 UTC
DETROIT (AP) — After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions.
But the recall, which came in an 11th-...
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18 mayors: Limit use of food stamps to buy soda
2013-06-19 05:42:31 UTC
NEW YORK (AP) — The mayors of New York, Los Angeles, Chicago and 15 other cities are reviving a push against letting food stamps be used to buy soda and other sugary drinks.
In a letter sent to congressional leaders on Tuesday, the mayors...
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US safety agency investigating Suzuki small SUVs
2013-06-18 17:38:33 UTC
DETROIT (AP) — U.S. safety regulators said Tuesday that they are investigating problems with air bag sensors in the seats of some small Suzuki SUVs.
The probe covers 205,000 vehicles including Grand Vitaras from the 2006 through 2011 model year...
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Trader charged in manipulation of Libor rate
2013-06-18 17:36:58 UTC
LONDON (AP) — Britain's Serious Fraud Office has charged a former trader with conspiracy to defraud in the rigging of a benchmark interest rate.
The UK's official financial crimes investigator says Tom Hayes, a former trader at UBS and Ci...
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Chevron secures Iraqi Kurdish oil deal
2013-06-18 17:27:38 UTC
BAGHDAD (AP) — U.S. oil giant Chevron says it has signed a deal with Iraq's Kurdish regional government to expand its oil exploration territory in the northern self-rule region.
The California-based company said in a statement emailed Tuesday...
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IRS official contradicts claims about reviews
2013-06-18 04:54:44 UTC
WASHINGTON (AP) — Internal Revenue Service officials in Washington scrutinized the very first application from a tea party group seeking tax-exempt status — and dozens of others, including some requests that languished for more than a year w...
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Report: Slowdown in health care costs to continue
2013-06-18 04:51:53 UTC
WASHINGTON (AP) — There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause.
A report Tuesday from accounting and con...
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G-8 leaders to mull Syria, tax evasion, free trade
2013-06-17 04:31:59 UTC
ENNISKILLEN, Northern Ireland (AP) — Police are expected to outnumber protesters Monday at the G-8 summit in Northern Ireland, where leaders will seek to narrow their differences on Syria's civil war, promoting freer trade between Europe and...
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AZ House passes Medicaid expansion in Brewer win
2013-06-17 04:12:54 UTC
PHOENIX (AP) — The Arizona House passed an $8.8 billion state budget that includes Medicaid expansion early Thursday and puts Gov. Jan Brewer one Senate vote away from a huge political victory as she embraces a signature part of President Ba...
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Brazilians protest high cost of hosting World Cup
2013-06-16 05:07:15 UTC
BRASILIA, Brazil (AP) — At least 500 protesters complaining against the high cost of staging the World Cup rallied Saturday in front of the National Stadium in Brasilia just hours before Brazil played Japan in the opening match of the Confed...
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Chicago to hire 600 for school safe-passage routes
2013-06-16 04:43:57 UTC
CHICAGO (AP) — The city of Chicago, which plans to close dozens of schools this summer to save money, has received 11,000 requests for help getting children to their new schools along safe-passage routes.
The Chicago Sun-Times reported Saturd...
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Obama to take advantage of advances in wireless
2013-06-15 07:27:10 UTC
WASHINGTON (AP) — The White House says President Barack Obama is taking advantage of advances in the wireless industry to help create jobs.
Obama issued a presidential memorandum Friday directing federal agencies to be more efficient in their u...
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IMF: US economy improving but spending cuts a drag
2013-06-14 22:09:43 UTC
WASHINGTON (AP) — The U.S. economy is on sounder footing than it was a year ago but is still being restrained by government spending cuts and tax increases, the International Monetary Fund said Friday.
The IMF's annual report on the U.S. econom...
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Oil price highest since January on Syria concerns
2013-06-14 22:05:07 UTC
NEW YORK (AP) — Oil rose to the highest level since January amid concerns about a possible escalation in Syria's civil war.
Benchmark oil for July delivery rose $1.16 to close at $97.85 a barrel on the New York Mercantile Exchange. Oil finished...
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Unpaid internships in jeopardy after court ruling
2013-06-13 08:17:58 UTC
WASHINGTON (AP) — Unpaid internships have long been a path of opportunity for students and recent grads looking to get a foot in the door in the entertainment, publishing and other prominent industries, even if it takes a generous subsidy from Mom...
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HUD: Race affects homebuying, renting
2013-06-12 05:35:18 UTC
WASHINGTON (AP) — Minority renters and homebuyers deployed to test for housing discrimination did not run into the blatant discrimination of four decades ago, but were told about and shown fewer homes than their white counterparts with simil...
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OTC morning-after pill sales coming _ but not yet
2013-06-12 05:33:08 UTC
WASHINGTON (AP) — Don't look for the morning-after pill to move next to the condoms on drugstore shelves right away — but after a decade-plus fight, it appears it really will happen. Backed into a corner by a series of court rulings, the O...
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US stocks follow global markets lower
2013-06-11 16:21:20 UTC
NEW YORK (AP) — A rout in global markets spread to the U.S. early Tuesday, nearly wiping out the stock market's gain for the month.
The selling started in Asia following news that the Bank of Japan declined to take any new steps to spur t...
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France threatens veto of EU-US trade deal
2013-06-11 16:10:17 UTC
STRASBOURG, France (AP) — A cloud is hanging over free trade discussions between the European Union and the United after France said it would veto any deal that includes the film, radio or TV industries.
The stakes are high because any de...
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Senate passes half-trillion dollar farm bill
2013-06-11 04:45:52 UTC
WASHINGTON (AP) — The Senate on Monday passed a five-year, half-trillion-dollar farm bill that expands government subsidies for crop insurance, rice and peanuts while making small cuts to food stamps.
The bill passed on a bipartisan 66-...
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McDonald's says cheap eats helped lift sales
2013-06-11 04:44:15 UTC
NEW YORK (AP) — Cheap eats and new menu items helped McDonald's boost a key sales figure in May, bouncing back from a decline the previous month.
The world's biggest hamburger chain said Monday that global sales rose 2.6 percent at restauran...
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S&P upgrades US outlook, but investors yawn
2013-06-10 18:05:10 UTC
NEW YORK (AP) — The Standard & Poor's ratings agency said Monday it's getting more optimistic about the U.S. economy. But investors just yawned.
The U.S. stock market edged higher in early trading after the S&P agency raised its outlook f...
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US employers add 175K jobs, rate up to 7.6 pct.
2013-06-07 16:32:24 UTC
WASHINGTON (AP) — The U.S. economy is adding jobs at a steady pace — enough to show strength in the face of tax increases and government spending cuts if not enough to reduce still-high unemployment.
Employers added 175,000 jobs in May, and...
