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Waiting for word from Bernanke, stocks move higher

Waiting for word from Bernanke, stocks move higher

It's all about the Fed. Still. U.S. stocks moved higher Tuesday, helped by news of a pickup in home building and low inflation. But the Federal Reserve loomed large, with investors trying to guess what the central bank will say Wednesday about how long it plans to keep stimulus programs in place. F

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Zimbabwe 'Cattle Bank' takes deposits that moo

Zimbabwe 'Cattle Bank' takes deposits that moo

William Mukurazita's deposit at the bank has four legs and moos. Zimbabwe's first "Cattle Bank" has just opened its books in a unique kind of banking where owners bring in their animals as collateral against cash loans. For many rural poor in this southern African country once wracked by world-reco

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$Ill. gov signs into law tough fracking regulations$

Ill. gov signs into law tough fracking regulations

Illinois Gov. Pat Quinn on Monday signed into law the nation's strictest regulations for high-volume oil and gas drilling. "This new law will unlock the potential for thousands of jobs in Southern Illinois and ensure that our environment is protected," Quinn said in a news release announcing his wi

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Wake-up call: Starbucks to post calorie counts

Wake-up call: Starbucks to post calorie counts

Starbucks has a new way to wake up its customers: showing the calories in its drinks. The Seattle-based coffee chain says it will start posting calorie counts on menu boards nationwide next week, ahead of a federal regulation that would require it to do so. Calorie counts on menus are already requi

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Stocks open higher as home building advances

Stocks open higher as home building advances

Stocks are opening higher on Wall Street after the pace of home construction picked up in May, the latest encouraging sign from the housing market. The Dow Jones industrial average rose 45 points, or 0.3 percent, to 15,229 in the first few minutes of trading Tuesday. The Standard & Poor's 500 index

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NBA Finals Game 5 viewership down from last year

NBA Finals Game 5 viewership down from last year

The NBA Finals' television viewership for Game 5 was down 13 percent from last year. The San Antonio Spurs' 114-104 victory over Miami on Sunday on ABC was watched by an average of 16.1 million people. That's down from 18.5 million for the Heat-Thunder series in 2012. Miami clinched the title in Ga

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Morris the cat runs for mayor of Mexican city

Morris the cat runs for mayor of Mexican city

This mayoral hopeful in Mexico promises to eat, sleep most of the day and donate his leftover litter to fill potholes. Morris, a black-and-white kitten with orange eyes, is running for mayor of Xalapa in eastern Mexico with the campaign slogan "Tired of Voting for Rats? Vote for a Cat." And he is a

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Obama Seeks G-8 Support on Syria

Obama Seeks G-8 Support on Syria

President Barack Obama, Russian President Vladimir Putin and other G-8 leaders attempted to speak with one voice on seeking a negotiated Syrian peace settlement, yet couldn't publicly agree on what this means. (June 18)

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US video game retail sales fall 25 percent in May

US video game retail sales fall 25 percent in May

U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer new games launched compared with last year, according to market researcher NPD Group. NPD said late Monday that total video game sales were $386.3 mill

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Boeing opening info tech center in St. Louis-area

Boeing opening info tech center in St. Louis-area

Missouri Gov. Jay Nixon said Monday that Boeing Co. plans to open an information technology center in the St. Louis area that is expected to create at least 400 jobs. Nixon made the announcement during a conference call from France, where he was visiting as part of a weeklong European trip to promo

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Military Plans to Put Women in Combat Jobs

Military Plans to Put Women in Combat Jobs

Military leaders are ready to begin tearing down the remaining walls that have prevented women from holding thousands of combat and special operations jobs near the front lines. (June 18)

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Hewlett-Packard puts Bradley in strategy role

Hewlett-Packard puts Bradley in strategy role

Hewlett-Packard Co. said Tuesday that Todd Bradley, the head of its printing and personal computer business, will take a new position in charge of the company's strategy with a focus on China. HP said Bradley, 54, will be in charge of strategic growth initiatives, and will work with President and C

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News Summary: US safety agency probes Suzuki SUVs

News Summary: US safety agency probes Suzuki SUVs

SUZUKI PROBE: U.S. safety regulators are investigating problems with air bag sensors in the seats of about 205,000 small Suzuki SUVs including Grand Vitaras from the 2006 through 2011 model years and SX4s from 2007 through 2011. THE COMPLAINTS: The National Highway Traffic Safety Administration said

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Assisted by basketball, ABC wins ratings week

Assisted by basketball, ABC wins ratings week

Basketball and talent shows commanded TV viewers' attention last week. Three nights of NBA finals with Miami facing San Antonio were the top programs in prime time. They helped ABC, the network that aired them, to win the week overall, according to the Nielsen Co. Sunday's game was the week's most-

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Civil Rights Groups Sue NYPD Over Muslim Spying

Civil Rights Groups Sue NYPD Over Muslim Spying

The NYPD's widespread spying programs directed at Muslims have undermined free worship by innocent people and should be declared unconstitutional, according to religious leaders and civil rights advocates who filed a federal lawsuit Tuesday. (June 18)

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Egypt, Ethiopia agree to talks about Nile dam

Egypt, Ethiopia agree to talks about Nile dam

The foreign ministers of Egypt and Ethiopia say their countries have agreed to start consultations aimed at resolving their conflict over Ethiopia's huge dam on the Blue Nile River. The ministers said in a joint statement Tuesday that they had "agreed to embark on consultations at the technical and

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Islamists drive 19,000 farmers from north Nigeria

Islamists drive 19,000 farmers from north Nigeria

Islamic militants have driven 19,000 rice farmers from their land in northeast Nigeria while a military crackdown is preventing thousands more from working their fields, raising fears of imminent food shortages, officials warned Tuesday. Food shortages would add immeasurably to the misery in northe

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Compromise could provide $800M for SC roads

Compromise could provide $800M for SC roads

State legislators said Monday that a tentative agreement could provide $800 million for road and bridge work across South Carolina without raising taxes. A three-part infrastructure compromise approved by a panel of House and Senate members would provide up to $141 million in state taxes toward inf

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G-8 leaders issue declaration on corporate tax evasion, say countries must close tax loopholes

G-8 leaders issue declaration on corporate tax evasion, say countries must close tax loopholes

G-8 leaders issue declaration on corporate tax evasion, say countries must close tax loopholes.

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Regional leaders urge Zimbabwe poll delay

Regional leaders urge Zimbabwe poll delay

Regional presidents meeting at a special summit on Zimbabwe asked President Robert Mugabe to delay crucial elections he has set for the end of July while asking the nation to guarantee conditions for free and fair elections, officials said Saturday. The summit took note of a ruling by Zimbabwe's hi

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