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GAO says airline merger would reduce competition

AP Business News - 35 min 24 sec ago
A government review finds that the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million passengers.

Men's Wearhouse ousts founder, pitchman Zimmer

AP Business News - 35 min 24 sec ago
Men's Wearhouse doesn't like the way its founder looks anymore.

Fed suggests it's closer to slowing bond purchases

AP Business News - 35 min 24 sec ago
In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening.

Car quality dinged by tech glitches, survey finds

AP Business News - 35 min 24 sec ago
Car buyers increasingly want high-tech features like voice recognition and navigation. But they're not very forgiving of the car company when those systems fail.

5 points to know about the health care overhaul

AP Business News - 35 min 24 sec ago
Still a little hazy about the health care overhaul? You have plenty of company.

IRS draws new criticism over $70M employee bonuses

AP Business News - 35 min 24 sec ago
Already reeling from a pair of scandals, the Internal Revenue Service is drawing new criticism over plans to hand out millions of dollars in employee bonuses.

FedEx 4Q profit drops as priority services lag

AP Business News - 35 min 24 sec ago
FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options and the company spent heavily on restructuring.

Actor James Gandolfini dies in Italy at age 51

AP Top news - 1 hour 39 min ago
James Gandolfini, whose portrayal of a brutal, emotionally delicate crime boss in HBO's "The Sopranos" was the brilliant center of one of TV's greatest drama series and turned the mobster stereotype on its head, died Wednesday in Italy. He was 51.

AP PHOTOS: The career of James Gandolfini

AP Top news - 1 hour 39 min ago
James Gandolfini, who won three Emmy Awards for his indelible role as mob boss Tony Soprano in HBO's "The Sopranos," died while on vacation in Italy at age 51. While Tony Soprano was a larger-than-life figure, Gandolfini was exceptionally modest and obsessive _ he described himself as "a 260-pound Woody Allen." HBO called the actor a "special man, a great talent, but more importantly a gentle and loving person who treated everyone, no matter their title or position, with equal respect."

Body found near Patriot's home was homicide victim

AP Top news - 1 hour 39 min ago
A man found dead in an industrial park about a mile from New England Patriots tight end Aaron Hernandez's home had been killed, a prosecutor said Wednesday.

Blackhawks beat Bruins 6-5 in OT, tie series 2-2

AP Top news - 1 hour 39 min ago
The Chicago Blackhawks kept taking the lead until there were no more chances for Boston to come back and tie it.

Fed suggests it's closer to slowing bond purchases

AP Top news - 1 hour 39 min ago
In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening.

10 Things to Know for Thursday

AP Top news - 1 hour 39 min ago
Your daily look at late-breaking news, upcoming events and the stories that will be talked about Thursday:

Compromise among senators eyed on border security

AP Politics - 1 hour 45 min ago
After secretive talks, key senators expressed optimism Wednesday night that they were closing in on a bipartisan agreement to dramatically toughen the border security requirements in immigration legislation that also offers a path to citizenship to millions living in the country illegally.

Mueller: FBI uses drones for surveillance

AP Politics - 1 hour 45 min ago
The FBI uses drones for surveillance of stationary subjects, and the privacy implications of such operations are "worthy of debate," FBI Director Robert Mueller said Wednesday.

House votes to delay food safety rules

AP Politics - 1 hour 45 min ago
The House voted late Wednesday to delay sweeping food safety rules that would require farmers and food companies to be more vigilant about guarding against contamination.

Sony chief says time needed to study proposal

AP Business News - 1 hour 45 min ago
Sony Corp. needs more time to study a key proposal from a U.S. hedge fund to spin off a part of its entertainment unit as a way to propel its fledgling revival, the chief executive told shareholders Thursday.

Wooden beam could be detached part of shipwreck

AP US News - 1 hour 45 min ago
A wooden beam that has long been the focus of the search for a 17th century shipwreck in northern Lake Michigan was not attached to a buried vessel as searchers had suspected, but still may have come from the elusive Griffin or some other ship, archaeologists said Wednesday.

Obama making plans to tackle global warming

AP Politics - 1 hour 45 min ago
President Barack Obama is planning a major push using executive powers to tackle the pollution blamed for global warming in an effort to make good on promises he made at the start of his second term. "We know we have to do more _ and we will do more," Obama said Wednesday in Berlin.

Senate backs Froman as next trade representative

AP Politics - 1 hour 45 min ago
Michael Froman, a senior White House economic adviser and classmate of President Barack Obama at Harvard Law School, on Wednesday won Senate confirmation to be the next U.S. trade representative.

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