| Tue, May 21, 2013 |
| 07:15 PM |
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Does France have right plan to revive its economy?
PARIS (AP) , The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. As the country's first-ever minister...
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| 02:14 PM |
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Should we let wunderkinds drop out of high school?
NEW YORK (AP) , It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college. But now we've got David Karp, who doesn't even have a high school diploma. Karp, 26, founded Tumblr, the online blogging forum, and sold it to Yahoo for $1.1 billion.
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| 11:16 AM |
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How the French economy compares to Germany's, UK's
PARIS (AP) , Here's how the struggling French economy stacks up compared to Germany's and Britain's: How Europe's Top Economies CompareFranceGermanyBritainGross Domestic Product (2012)2 trillion...
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| 06:12 AM |
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Average credit card debt, late payments fall in 1Q
LOS ANGELES (AP) , Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.
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| 04:35 AM |
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Policy, discretion guide media sources probes
WASHINGTON (AP) , It was a rare moment in relations between the media and the government: In 2008, FBI Director Robert Mueller called the top editors at The New York Times and The Washington Post to apologize because the bureau had improperly obtained reporters' telephone records four years earlier.
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| 04:23 AM |
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Head of embattled G4S security force retires
LONDON (AP) , The chief executive of security firm G4S is to retire after a tumultuous year that saw the company fail to fulfill its Olympic contract. The company said Tuesday that Nick Buckles will be replaced by Ashley Almanza, a senior executive from the oil and gas company BG Group.
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| 12:12 AM |
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Average credit card debt, late payments fall in 1Q
LOS ANGELES (AP) , Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.
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| Mon, May 20, 2013 |
| 08:53 PM |
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Lew taps government retiree pension fund
WASHINGTON (AP) , Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
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| 08:45 PM |
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Penn urges US to pressure Bolivia to free US man
WASHINGTON (AP) , Actor Sean Penn on Monday urged the U.S. government to pressure Bolivia to free an American businessman detained without charge since 2011 in a case that has drawn accusations he was the victim of corrupt local prosecutors. Penn said international pressure on Bolivian President Evo Morales could help free Jacob Ostreicher of New York.
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| 08:37 PM |
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Judge tosses ex-BP executive's obstruction charge
NEW ORLEANS (AP) , A federal judge has dismissed a charge that is the backbone of the case against a former BP executive accused of concealing information from Congress about the amount of oil spewing in 2010 from the company's blown-out well in the Gulf of Mexico.
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| 07:48 PM |
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Panel: Apple uses firms outside US to avoid taxes
WASHINGTON (AP) , Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. ...
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| 07:36 PM |
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Yahoo reboots Flickr, offers 1 terabyte of storage
NEW YORK (AP) , Fresh on the heels of its $1.1 billion acquisition of Tumblr, Yahoo says it is rebooting its languishing photo-sharing site Flickr with plans to make it "awesome" again. Yahoo Inc. said at an event in New York City's Times Square on Monday that it is now offering users 1 terabyte of online storage for free.
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| 07:17 PM |
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Sports seem OK for many with heart-zapping device
WASHINGTON (AP) , New research is challenging medical guidelines that say people with a heart-zapping device in their chests should avoid intense sports like basketball and soccer in favor of golf or bowling. Lots of patients ignore that take-it-easy advice and stay in the game, and Monday's findings suggest vigorous exercise may be safe for many of them after all.
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| 07:15 PM |
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House passes bill on lying about military medals
WASHINGTON (AP) , People who falsely claim they have received a military medal in order to obtain money or government benefits could face up to a year in jail under legislation that easily passed the House Monday.
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| 06:53 PM |
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Warren Buffett gives young entrepreneurs 10 shares
OMAHA, Neb. (AP) , Meeting Warren Buffett was exciting, but 10-year-old Matthew Meyer said winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life. Matthew said he never expected to make the finals in Omaha, much less win the entrepreneurial contest tied to "The Secret Millionaire's Club" cartoon that drew nearly 4,000 entries online.
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| 06:43 PM |
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Under Mayer: Boosting mobile, buying companies
Yahoo Inc. lured Marissa Mayer from Google in July to become its fifth CEO in as many years. Her task: Help the Internet pioneer regain its stature after years in a financial funk. In her 10 months leading the company, she has overseen a redesign of Yahoo services and orchestrated several acquisitions, including a deal to buy online blogging forum Tumblr for $1.1 billion.
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| 06:36 PM |
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Actavis buying Warner Chilcott in $8.5B deal
NEW YORK (AP) , Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market. The...
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| 06:32 PM |
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Study: Most shipwrecks a minor US pollution threat
WASHINGTON (AP) , Shipwrecks lying deep off America's coasts are more often historical artifacts than present-day threats from leaking old oil tanks, a new federal report says. While 87 of the...
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| 06:15 PM |
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Idaho couple and Sun Valley land in Twitter tussle
BOISE, Idaho (AP) , An Internet entrepreneur and former Wall Street derivatives analyst contends central Idaho's Sun Valley resort and the Twitter Inc. social media site heisted his handle. Leonard Barshack, who in the 1990s founded the Internet email listing service Bigfoot, is suing Twitter and the Sun Valley Co., demanding they return the handle "SunValley."
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| 05:10 PM |
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Beam her up: Gabby Douglas is back in the gym
Gabby Douglas had been looking forward to this appearance for a long time. The Olympic all-around champion returned to the gym Monday, going through her first practice since the London Games after meeting with coach Liang Chow to discuss her comeback plan. "She is very excited to be coming back," Chow told The Associated Press. "She can't wait any longer."
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| 04:27 PM |
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Broadway's biggest theater sold to British group
NEW YORK (AP) , Britain's biggest theater groups has reached across the Atlantic Ocean and bought Broadway's biggest theater from Live Nation Entertainment for about $60 million. Ambassador Theatre Group said Monday it has acquired The Foxwoods Theatre, the current home of "Spider-Man: Turn Off the Dark." The theater has about 2,000 seats.
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| 02:32 PM |
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NBC hires news division chief from Britain
NEW YORK (AP) , NBC went out of the company and out of the country to find a president for its news division, on Monday naming the first woman to hold the top job. Deborah Turness, former editor of ITV News in Britain, replaces Steve Capus, who resigned earlier this year, and will begin her new job in August.
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| 01:57 PM |
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Yahoo takes big leap with $1.1B deal for Tumblr
SAN FRANCISCO (AP) , Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. The deal announced Monday is Mayer's boldest move since she left Google 10 months ago to lead Yahoo's latest comeback attempt.
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| 12:12 PM |
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Seen and heard at the Cannes Film Festival
CANNES, France (AP) , Associated Press journalists open their notebooks at the 2013 Cannes Film Festival: JAMES CAAN GOES BACK TO THE 70S They don't make movies like they used to , which is why James Caan was happy to go back to the 1970s in Guillaume Canet's "Blood Ties."
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| 04:48 AM |
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China sentences underground bank operator to death
BEIJING (AP) , A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs.
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| 03:35 AM |
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AP IMPACT: Military sex abuse victims seek VA help
WASHINGTON (AP) , More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability benefits. The numbers underscore the staggering long-term impact of a crisis that has roiled the Pentagon and been condemned by President Barack Obama.
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| 03:19 AM |
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Russian oligarchs foot most of 2014 Sochi Olympics
SOCHI, Russia (AP) , The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter Games: Russia's business powerhouses.
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| 02:39 AM |
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Who is building what in Sochi for 2014 Olympics
SOCHI, Russia (AP) , The cost of the 2014 Winter Games in the Russian city of Sochi now stands at $51 billion, making it the most expensive Olympics in history. More than half of the bill is being footed by Russian state-controlled companies and business tycoons. A look at what the major players are building in Sochi: THE RUSSIAN GOVERNMENT
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| 12:28 AM |
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China asks NKorea to release fishing boat, crew
BEIJING (AP) , China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the neighboring allies.
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| Sun, May 19, 2013 |
| 11:50 PM |
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US gas prices up 11 cents over past 2 weeks
CAMARILLO, Calif. (AP) , The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks. The Lundberg Survey of fuel prices released Sunday says the price of a gallon of regular is $3.66. Midgrade costs an average of $3.84 a gallon, and premium is $3.98. Diesel held steady at $3.93 gallon.
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