| Today |
| 02:41 AM |
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Garcetti holds slim lead as LA picks new mayor
LOS ANGELES (AP) , Councilman Eric Garcetti held a slender edge Tuesday in early returns over city Controller Wendy Greuel to become the next Los Angeles mayor, while slow-coming returns suggested it could take a day or more until a winner emerges.
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| 12:11 AM |
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Apple case seen as possible spur to tax action
WASHINGTON (AP) , Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.
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| Tue, May 21, 2013 |
| 07:24 PM |
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Microsoft touts Xbox One as all-in-1 entertainment
REDMOND, Wash. (AP) , Microsoft thinks it has the one. The company unveiled the Xbox One, an entertainment console that wants to be the one system households will need for games, television, movies, sports and other entertainment. It will go on sale later this year, for an undisclosed price.
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| 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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| 07:14 PM |
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JPMorgan's Dimon survives shareholder referendum
TAMPA, Fla. (AP) , Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank's board members.
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| 05:54 PM |
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Poll: Teens migrating to Twitter
WASHINGTON (AP) , Twitter is booming as a social media destination for teenagers who complain about too many adults and too much drama on Facebook, according to a new study published Tuesday about online behavior. It said teens are sharing more personal information about themselves even as they try to protect their online reputations.
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| 05:06 PM |
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Yankees, Man City to co-own NYC MLS team
NEW YORK (AP) , Hoping their baseball success will translate to titles in another sport, the Yankees are combining with English power Manchester City to own a Major League Soccer expansion team in New York that will start play in 2015.
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| 03:55 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: ___ BALDWIN, AN OCEAN AWAY FROM BROADWAY Within hours of his last performance of "Orphans" on Broadway, Alec Baldwin was on a plane to Cannes.
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| 03:26 PM |
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ESPN cutting workforce, 'smartly managing costs'
NEW YORK (AP) , ESPN is cutting its workforce, the latest Disney division to reduce staff. "We are implementing changes across the company to enhance our continued growth while smartly managing costs," the sports media giant said in a statement Tuesday. "While difficult, we are confident that it will make us more competitive, innovative and productive."
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| 02:49 PM |
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Sprint boosts buyout offer for Clearwire
OVERLAND PARK, Kan. (AP) , Sprint Nextel Corp. is offering 14 percent more than before for the stake in wireless data network operator Clearwire Corp. it does not already own, but a large shareholder said the offer was still inadequate.
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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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| 01:01 PM |
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Burberry's profit hit by perfume deal's demise
LONDON (AP) , British luxury brand Burberry said Tuesday that rapidly improving business in developing markets was offset by the end of a perfume licensing deal, dragging net profit down 3 percent for the year.
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| 12:33 PM |
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Spotify's Top 10 most streamed tracks
The following list represents the top streamed tracks on Spotify from Monday, May 13, to Sunday, May 19: UNITED STATES 1. Macklemore and Ryan Lewis feat. Ray Dalton, "Can't Hold Us" (Macklemore) 2. Daft Punk, "Get Lucky , Radio Edit" (Columbia Records) 3. Imagine Dragons, "Radioactive" (Interscope Records)
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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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