Dow, S&P 500 slip as Spain enters recession
2012-04-30 20:34:44 UTC
NEW YORK (AP) — Renewed worries about the fragility of Europe's finances are helping to drive stocks lower.
The Spanish government said Monday that its economy shrank in the first three months of 2011, putting one of the largest economies in Europe into a recession.
In the U.S., a drop in M...
Energy Transfer Partners to buy Sunoco for $5.3B
2012-04-30 20:29:35 UTC
NEW YORK (AP) — Energy Transfer Partners is buying Sunoco in a $5.3 billion deal that creates one of the more diverse pipeline companies in the country.
The acquisition includes nearly 8,000 miles of pipeline, as well as 4,900 gas stations in 24 Eastern states. Those stations will keep the ico...
Barnes & Noble and the e-reader competition
2012-04-30 20:15:07 UTC
Barnes & Noble Inc. makes a variety of Nooks with black-and-white screens, dedicated to reading, and the Nook Color and Nook Tablet, which add color screens, third-party applications and Internet browsing to the mix.
Here's how its sales stacked up against competitors in both the tablet and e-...
US consumer spending slowed in March, income rose
2012-04-30 20:11:08 UTC
WASHINGTON (AP) — Americans increased their spending more slowly in March, suggesting some are worried that their paychecks aren't growing fast enough.
The Commerce Department said Monday that consumer spending increased just 0.3 percent last month after a 0.9 percent gain in February.
3rd fugitive sibling sentenced in Colorado
2012-04-30 20:03:44 UTC
WALSENBURG, Colo. (AP) — The last of three siblings accused in a multistate crime spree was sentenced Monday to 18 years in prison on charges related to their capture in Colorado.
Ryan Dougherty, 22, had faced up to 20 years after pleading guilty to five counts of menacing.
Earlier Monday, ...
World Trade Center is back on top in NYC
2012-04-30 19:52:17 UTC
NEW YORK (AP) — Workers have raised a steel column to the top of the building that's been called the Freedom Tower to make it New York City's tallest skyscraper.
One World Trade Center is being built to replace the twin towers destroyed in the Sept. 11 attacks.
It reached just over 1,250 fe...
AAA: Inadequate guardrails at NY site where 7 died
2012-05-01 00:22:44 UTC
NEW YORK (AP) — The section of highway where an accident sent seven members of a Bronx family flying over a guardrail and plummeting to their deaths has narrow lanes, steep hills, tight turns, inadequate guardrails and no breakdown lane, an auto safety group said Monday.
The Bronx River Parkwa...
Capitol mystery: Will Secret Service head survive?
2012-04-30 19:37:04 UTC
WASHINGTON (AP) — The director of the Secret Service, Mark Sullivan, could have retired from government nearly 10 years ago and avoided the scandals of the White House gate crashers and, more recently, the one involving a dozen agents, officers and supervisors implicated in a prostitution case.
Obama criticizes GOP in speech to union members
2012-04-30 19:30:34 UTC
WASHINGTON (AP) — President Barack Obama is rallying union workers by painting a bleak portrait of America's infrastructure. He blames Republicans for focusing on tax cutting rather than creating jobs by updating and rebuilding highways, railroads and airports.
Obama tells the Building and Con...
Top EPA official resigns over 'crucify' comment
2012-04-30 19:11:48 UTC
WASHINGTON (AP) — The Obama administration's top environmental official in the oil-rich South and Southwest region has resigned after Republicans targeted him over remarks made two years ago when he used the word "crucify" to describe how he would go after companies violating environmental laws.
Tech exec gets 22 years prison for $30M fraud
2012-04-30 19:02:22 UTC
SAN FRANCISCO (AP) — A former high-tech executive convicted of defrauding investors of at least $30 million on Monday was given one of the harshest sentences meted out in a white-collar criminal case.
A federal judge in San Francisco sentenced Samuel "Mouli" Cohen to 22 years in prison. Judge ...
AP EXCLUSIVE: US not reporting all Afghan attacks
2012-04-30 18:51:10 UTC
WASHINGTON (AP) — The U.S.-led military coalition in Afghanistan is under-reporting the number of times that Afghan soldiers and police open fire on American and other foreign troops.
The coalition routinely reports attacks in which a coalition soldier is killed by an Afghan in uniform. But it...
Activists on trial for arrests during NYPD protest
2012-04-30 19:24:19 UTC
NEW YORK (AP) — Twenty activists who converged on a police station to protest a controversial police technique went on trial Monday in a case that they hoped would highlight their cause but prosecutors called a simple matter of breaking the law.
The demonstrators, who include ministers, local ...
Aide's wife: John Edwards knew about money
2012-04-30 18:25:29 UTC
GREENSBORO, N.C. (AP) — The wife of an ex-aide to John Edwards testified Monday the former presidential candidate told her over the phone that it was legal to take money from a wealthy donor to take care of Edwards' mistress.
Testifying at Edwards' campaign corruption trial, Cheri Young said s...
Romney says he would have ordered bin Laden killed
2012-04-30 18:10:26 UTC
PORTSMOUTH, N.H. (AP) — Presumptive Republican presidential nominee Mitt Romney says "of course" he would have ordered Osama bin Laden killed.
President Barack Obama's re-election campaign has raised questions about Romney's willingness to assassinate the former terrorist leader and mastermind...
Invisible man dominates US-China talks
2012-04-30 18:05:14 UTC
WASHINGTON (AP) — The blind Chinese lawyer at the center of a diplomatic storm between Washington and Beijing is a mostly taboo topic in each capital. Neither side wants the biggest human-rights issue between the two since Tiananmen Square to disrupt high-level strategic and economic talks set to...
Obama's new campaign slogan: 'Forward'
2012-04-30 15:23:15 UTC
WASHINGTON (AP) — President Barack Obama has a new campaign slogan: "Forward."
Obama's re-election team unveiled its new motto in a video released Monday morning. The seven-minute video begins by recalling the grim state of the nation's economy when Obama took office, then ticks through what t...
Obama, Clintons deepen political and policy ties
2012-04-30 19:22:06 UTC
WASHINGTON (AP) — Once a tense rivalry, the relationship between President Barack Obama and Bill and Hillary Rodham Clinton has evolved into a genuine political and policy partnership. Both sides have a strong incentive in making the alliance work, especially in an election year.
For Obama, Bi...
USA reckons dialogue with Russia allowed for Iran sanctions
2012-04-30 04:31:08 UTC
Dialogue with Russia has allowed the USA to effectively oppose the threat from Iran's nuclear programme, Obama campaign adviser Robert Gibbs said in a TV interview. Gibbs' announcement came as a response to Mitt Romney's criticism aimed at Moscow, the ITAR -TASS reports.
Earlier Romney called ...
Romney, Secret Service, GOP: Obama mocks them all
2012-04-30 02:05:31 UTC
WASHINGTON (AP) — President Barack Obama scattered the barbs during the annual White House Correspondents' Association dinner as he poked fun at White House races past and present, the Secret Service and Donald Trump.
Even the entrance to his speech Saturday night was part of his schtick. The ...
Obama aide mum on whether US protecting activist
2012-04-29 17:40:52 UTC
WASHINGTON (AP) — A top White House aide on Sunday said President Barack Obama wants to strike an "appropriate balance" between advancing human rights and maintaining U.S. relations with China, the first public comments by the administration on its potential involvement in harboring a Chinese act...
Obama releases $147M in aid to Palestinian
2012-04-29 02:04:22 UTC
JERUSALEM (AP) — American aid officials said Saturday they will restore development programs for Palestinians after President Barack Obama ended a six-month funding freeze that shut down the local Sesame Street and other projects.
An official with the U.S. Agency for International Development ...
1 dead after storm blows down St. Louis beer tent
2012-04-29 01:14:48 UTC
ST. LOUIS (AP) — High winds swept through a beer tent where 200 people gathered after a Cardinals game Saturday, killing one and critically injuring at least five others, authorities said. But the owner of the bar said it was lightning — not wind — that killed the patron.
At least 17 were hosp...
Romney shakes up the strategy, tones down rhetoric
2012-04-28 23:52:33 UTC
WESTERVILLE, Ohio (AP) — Mitt Romney's Etch A Sketch moment is at hand.
Now that he's the presumptive Republican presidential nominee, Romney is shifting away from the "red-meat" issues of abortion and immigration and instead holding more events highlighting his appeal as a regular guy.
Nugent says he's insulted by concert cancellation
2012-04-28 23:24:22 UTC
LOS ANGELES (AP) — Ted Nugent said he was insulted by the cancellation of his planned concert at an Army post over his comments about President Barack Obama.
Commanders at the Fort Knox, Ky., post nixed Nugent's segment of a June concert after the rocker and conservative activist said at a rec...