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AP - 2 hours , 37 minutes ago
President Barack Obama strongly defended his opposition to extending Bush-era tax breaks for the wealthiest Americans on Wednesday and delivered a searing attack on Republicans and their House leader for advocating "the same philosophy that led to this mess in the first place."
 
  • BP report blames itself, others for oil spill
    AP - 52 minutes ago
    BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.
  • Nursing home co. settles $677M lawsuit for $50M
    AP - 21 minutes ago
    A California nursing home operator has agreed to pay $50 million to settle a lawsuit that threatened to bankrupt the company after a jury ordered it to pay $677 million for failing to provide enough nurses and staff.
  • Appeals court dismisses Boeing-CIA lawsuit
    AP - 26 minutes ago
    A sharply divided federal appeals court on Wednesday dismissed a lawsuit challenging Boeing Co.'s role flying terrorism suspects to secret prisons around the world as part of the CIA's "extraordinary rendition" program.
  • GM testing voice command to update Facebook status
    AP - 25 minutes ago
    General Motors Co. is testing software that would let drivers talk to their cars to update status messages on the Facebook social media website, as well as listen to Facebook messages, the company said Wednesday.
  • AeroVironment narrows loss for fiscal 1Q
    AP - 31 minutes ago
    AeroVironment Inc., which makes small, unmanned aircraft for the military, said Thursday it narrowed its loss in the fiscal first quarter, as aircraft sales edged up but contract services revenue declined.
  • General Mills backs full-year outlook
    AP - 41 minutes ago
    Cereal and snack maker General Mills Inc. on Wednesday affirmed its full-year guidance and said it does not expect first-quarter net income to rise from a year ago.
  • Recall news
    AP - 51 minutes ago
    The following recalls have been announced:
  • DOT plans rejection of Delta-Virgin Blue alliance
    AP - 51 minutes ago
    Plans by Delta Air Lines Inc. and affiliates of Virgin Blue Group to collaborate on flights between the U.S. and Australia suffered a setback on Wednesday, with the U.S. Transportation Department saying it expects to deny their request.
  • Salazar: New inspectors headed to drilling agency
    AP - 1 hour ago
    The Obama administration said Wednesday it will spend $29 million to increase the number and training of offshore drilling inspectors, upgrade enforcement and take others steps to improve the beleaguered agency that oversees offshore drilling.
  • Coca-Cola CFO says US market still to grow
    AP - 1 hour , 1 minute ago
    Coca-Cola Co. still sees "tremendous opportunity" in the U.S. market although its growth is being outpaced by emerging markets such as India and China.
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