| Wed, May 22, 2013 |
| 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 |
| 09:05 PM |
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FBI ID's Benghazi suspects _ but no arrests yet
WASHINGTON (AP) , The U.S. has identified five men who might be responsible for the attack on the diplomatic mission in Benghazi, Libya, last year, and has enough evidence to justify seizing them by military force as suspected terrorists, officials say. But there isn't enough proof to try them in a U.S. civilian court as the Obama administration prefers.
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| 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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| 07:23 PM |
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The new consoles from Microsoft, Nintendo and Sony
NEW YORK (AP) , Microsoft is the last of the three big video game console makers to unveil its latest gaming system. The unveiling comes nearly eight years after the Xbox 360 went on sale. It follows last fall's debut of Nintendo's Wii U and a preview in February of the upcoming PlayStation 4 from Sony.
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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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| 07:10 PM |
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Ex-Ford execs charged in Argentine torture cases
BUENOS AIRES, Argentina (AP) , Three former Ford Motor Co. executives were charged Tuesday with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the country's 1976 military coup.
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| 06:19 PM |
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Smith makes headlines heading into Hall vote
CHARLOTTE, N.C. (AP) , Bruton Smith just can't help himself sometimes. The eccentric track owner this week suggested he might move a race away from Charlotte Motor Speedway at the exact same time a committee is considering electing him into the NASCAR Hall of Fame.
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| 06:12 PM |
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Photos of Tucson shooting scene show gun, knife
PHOENIX (AP) , Photos taken in the aftermath of the attack that killed six people and wounded former U.S. Rep. Gabrielle Giffords show the handgun, high-capacity pistol magazines and knife that Jared Lee Loughner carried with him as he carried out the January 2011 attack.
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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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| 04:47 PM |
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Moniz: LNG exports on hold until data reviewed
WASHINGTON (AP) , Energy Secretary Ernest Moniz said Tuesday he will delay final decisions on about 20 applications to export liquefied natural gas until he reviews studies by the Energy Department and others on what impact the exports would have on domestic natural gas supplies and prices.
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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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| 03:20 PM |
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NFL, Xbox enhancing interactive television viewing
Imagine Sean Payton holding up a Surface tablet instead of a cardboard playsheet on the sideline. Envision Peyton Manning sitting on the bench and dissecting the last series from a variety of camera angles on his hand-held device instead of looking at still photos. Or sitting at home and pulling up real-time highlights on a Sunday afternoon. It's coming.
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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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More Podcasts From Business Top Stories from Associated Press (AP)
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