US News

Christmas Tree Growers Feel Scrooged

CNBC - Wed, 05/08/2013 - 11:57am
Christmas tree growers are lobbying for an ads to boost their industry, but the White House has sidelined the plan.
Categories: US News

NJ men charged in 9/11 scam

CNN - Wed, 05/08/2013 - 11:54am
Two New Jersey men are facing charges of running a 9/11 memorial scam allegedly by collecting donations and selling memorial T-shirts from the back of a pickup truck painted with the World Trade Center towers, according to the state attorney general's office.
Categories: US News

Remember Ohio 'House of Horrors'?

CNN - Wed, 05/08/2013 - 11:52am
Like Amanda Berry, who ran to freedom Monday after years in captivity, Tonia Carmichael was abducted and held by a male captor not far from her Cleveland home.
Categories: US News

The Choice Blog: In California, Push for Diversity in College Starts Earlier

The New York Times - Wed, 05/08/2013 - 11:51am
Universities are working to diversify their student bodies in states like California, which has eliminated race-conscious admissions.    

Categories: US News

Panic Button for Stock Exchanges

CNBC - Wed, 05/08/2013 - 11:50am
To avoid the next Knight Trading catastrophe.
Categories: US News

Mortgage Lending Loosens

CNBC - Wed, 05/08/2013 - 11:49am
Mortgage applications are rising as rates are falling, and credit availability may finally be easing.
Categories: US News

Benghazi: Officials get emotional

POLITICO - Wed, 05/08/2013 - 11:43am
State department staffers recount the night.


Categories: US News

Captain declares emergency after plane struck by lightning during New York approach

FOX News - Wed, 05/08/2013 - 11:39am

An American Eagle flight from Detroit landed safely in New York Wednesday morning after the plane carrying 20 passengers was struck by lightning as it approached La Guardia.

The captain declared an emergency and safely landed the plane. Crews are inspecting the aircraft.  

Categories: US News

Most Americans Don't Know Us: CEO

CNBC - Wed, 05/08/2013 - 11:35am
Most Americans don't know what Zillow is, and the company is looking to change that, said CEO Spencer Rascoff.
Categories: US News

Ferrari Cuts Production

CNBC - Wed, 05/08/2013 - 11:20am
Ferrari is capping production this year. The stated reason: status protection. But there could be more behind the move.
Categories: US News

Is 'Sell in May, Go Away' Still True?

CNBC - Wed, 05/08/2013 - 11:19am
Now that the Dow has cracked 15,000, the argument for "sell in May" may be getting weaker, say traders.
Categories: US News

Arias trial: verdict watch

CNN - Wed, 05/08/2013 - 11:09am
Trial watchers continue to await news of a verdict in the Jodi Arias case.
Categories: US News

Heritage hits Rubio on immigration

POLITICO - Wed, 05/08/2013 - 11:06am
They challenge his reaction to their report.


Categories: US News

Florida boy, 3, fatally shoots self with gun he found in uncle's backpack, deputies say

FOX News - Wed, 05/08/2013 - 11:02am

Authorities say a 3-year-old Florida boy has died after shooting himself with a gun he found in his uncle's backpack.

The shooting happened Tuesday night in a bedroom Jadarrius Speights shared with his uncle at an apartment complex in Tampa. Authorities say the uncle, 29-year-old Jeffrey D. Walker, has been charged with culpable negligence.

It wasn't immediately clear whether Walker had an attorney. His phone number was not listed and jail records didn't give a lawyer for him.

Police say he has a concealed weapons permit.

Hillsborough County sheriff's spokeswoman Debbie Carter says the uncle was not in the room when the shooting happened, but the child's parents were there. The boy was taken to a hospital where he died.

Categories: US News

CIA to Starbucks: Millennials' Dream Jobs

CNBC - Wed, 05/08/2013 - 10:53am
Health care and technology, not banking and finance, top millennials' choice of careers, according to a new survey.
Categories: US News

Watergate video game debuts online

POLITICO - Wed, 05/08/2013 - 10:52am
The game puts you in the shoes of Bob Woodward as it tries to crack the nut of the case.


Categories: US News

4% of Colleges Worth Cost: Ex-Official

CNBC - Wed, 05/08/2013 - 10:50am
The vast majority of US colleges aren't worth the expense of going there, says a former education secretary.
Categories: US News

Mark Sanford Takes Spotlight With Political Comeback

The New York Times - Wed, 05/08/2013 - 10:49am
Mark Sanford, as the newly elected congressman from South Carolina’s First District, has become a symbol of political rehabilitation few thought could happen.    

Categories: US News

AOL shares tumble in premarket on weak 1Q results

FOX News - Wed, 05/08/2013 - 10:48am

AOL Inc. said Wednesday that its first-quarter net income jumped 23 percent, helped by an increase in global advertising revenue.

But the profit fell short of Wall Street predictions and AOL shares slumped nearly 10 percent in early trading.

The New York-based internet company earned $25.9 million, or 32 cents per share, for the three months ended March 31, up from $21.1 million, or 22 cents per share, in the same quarter of 2012. Excluding one-time items, the company said it posted an adjusted profit of 41 cents per share.

Revenue rose 2 percent to $583.3 million from $529.4 million.

Analysts, on average, expected earnings of 44 cents per share on $542.6 million in revenue, according to FactSet.

AOL split from Time Warner Inc. in 2009 and has been trying to increase revenue ever since by shedding unprofitable businesses and buying popular sites such as the Huffington Post and the technology blog TechCrunch.

The company said its advertising revenue increased 9 percent to $359.2 million, helped by higher display and search revenue, but that was mostly offset by a 9 percent drop in subscription revenue to $165.8 million.

Shares of AOL, based in New York, fell $4 to $37.42.

Categories: US News

Panel votes to limit submissions to gun registry

FOX News - Wed, 05/08/2013 - 10:46am

A House panel has approved legislation that would greatly curtail when veterans deemed mentally incompetent are reported to the FBI's gun-check registry.

The move to winnow what records get placed into the database comes even as both sides of the gun-control debate have called for strengthening the background-check system.

Currently, the Department of Veterans Affairs automatically submits the names to the FBI's database of those veterans who are deemed unable to handle their own financial affairs and have a fiduciary appointed to administer their benefits.

But the House Committee on Veterans Affairs approved legislation requiring a judge's order before a veteran's name is submitted to the database. Lawmakers said veterans who are not a threat to harm themselves or others should not be denied a constitutional right to buy and possess guns.

Categories: US News