Caterpillar 1Q profit jumps 29 pct, boosts outlook
2012-04-25 17:42:37 UTC
Caterpillar's first-quarter profit jumped 29 percent and it boosted its outlook for the year as U.S. builders replaced old gear and global demand for mining equipment boomed.
The company generated $1.59 billion net income, or $2.37 per share, during the quarter. That's up from last year's $1.2...
US orders for long-lasting goods plunge in March
2012-04-25 17:37:52 UTC
WASHINGTON (AP) — Orders for long-lasting factory goods fell by the largest amount in three years last month, mostly because demand for commercial aircraft plummeted. But companies also ordered less machinery and other equipment, a sign manufacturing output may slow.
Orders for durable goods d...
Apple's blowout quarter propels Nasdaq to big gain
2012-04-25 17:33:59 UTC
NEW YORK (AP) — The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The iPhone maker's stock climbed more than $50 after the company once again blew past Wall Street's profit forecasts.
The technology-focused Nasdaq was headed for one of its best days this ...
Ex-Edwards aide talks about crumbling relationship
2012-04-25 17:18:45 UTC
GREENSBORO, N.C. (AP) — Andrew Young, once an aide and good friend to John Edwards, testified Wednesday that his relationship with the former presidential candidate began to crumble about the time Edwards dropped out of the 2008 race and his baby girl was born to his mistress.
Young, on the wi...
Supreme Court takes up Arizona immigration law
2012-04-25 15:59:22 UTC
WASHINGTON (AP) — The Supreme Court appears ready to allow Arizona to enforce a state law provision that requires police officers to check the immigration status of people they think are in the country illegally.
The justices strongly suggested Wednesday that they are not buying the Obama admi...
Capitol Police investigating threat against Rubio
2012-04-25 15:09:38 UTC
MIAMI (AP) — The U.S. Capitol Police force is investigating a reported threat against U.S. Sen. Marco Rubio of Florida, who is often mentioned as a possible vice presidential pick for likely GOP presidential nominee Mitt Romney.
Capitol Police Lt. Kimberly Schneider said Wednesday she could no...
Santorum hints at Romney endorsement
2012-04-25 14:59:32 UTC
WASHINGTON (AP) — Former Republican presidential candidate Rick Santorum says he expects to endorse Mitt Romney.
Santorum says that he believes Romney is "the right guy" to challenge President Barack Obama. Still, he's stopping short of an official endorsement of his former rival.
Gingrich all but concedes his campaign is over
2012-04-25 14:56:14 UTC
CONCORD, N.C. (AP) — Republican presidential candidate Newt Gingrich all but conceded Wednesday that his White House campaign is over.
He said he expects Mitt Romney will be the nominee and called on the party to unite behind the former Massachusetts governor.
"You have to at some point be ...
Romney turns campaign toward money, reconciliation
2012-04-25 14:34:09 UTC
WASHINGTON (AP) — The Republican presidential nomination all but in hand, Mitt Romney is refocusing his efforts on challenging President Barack Obama, raising cash for the battle ahead and reconciling with one-time primary rival Rick Santorum.
"Tonight is the start of a new campaign," the form...
Federal agency says transgender people protected
2012-04-25 06:48:11 UTC
WASHINGTON (AP) — The agency that enforces the federal job discrimination laws has for the first time ruled that transgender people are protected from bias in the workplace.
In a groundbreaking decision late last week, the Equal Employment Opportunity Commission said a refusal to hire or other...
Looking for a few good boomers to help others
2012-04-25 06:27:53 UTC
WASHINGTON (AP) — Local charities and nonprofits are looking for a few good baby boomers — well, lots of them, actually — to roll up their sleeves to help local schools, soup kitchens and others in need.
Boomers are attractive volunteers, and it's not just the sheer strength of their numbers —...
Romney sweeps 5 wins, promises 'better America'
2012-04-25 04:40:42 UTC
WASHINGTON (AP) — Mitt Romney laid claim to the fiercely contested Republican presidential nomination Tuesday night with a fistful of primary triumphs, then urged all who struggle in a shaky U.S. economy to "hold on a little longer, a better America begins tonight."
Eager to turn the political...
US women drawn with France, Colombia, North Korea
2012-04-25 04:15:14 UTC
WEMBLEY, England (AP) — With tension escalating between their governments, the United States and North Korea were drawn Tuesday into the same first-round group for this summer's Olympic women's soccer tournament.
The Americans will play in Group G, which includes France, Colombia and the isola...
Protesters crash Wells Fargo shareholder meeting
2012-04-25 04:39:28 UTC
SAN FRANCISCO (AP) — Hundreds of Occupy Wall Street demonstrators from across the country descended on San Francisco Tuesday in an attempt to crash banking giant Wells Fargo's annual shareholders meeting.
Several dozen people representing community groups had bought company stock and were allo...
Senate rejects bid to nullify union election rules
2012-04-24 18:48:17 UTC
WASHINGTON (AP) — The Senate has rejected a Republican attempt to overturn new regulations designed to give unions quicker workplace representation elections.
The 54-45 vote against a disapproval resolution leaves intact new National Labor Relations Board rules scheduled to take effect April 3...
Feds make 1st arrest in BP oil spill case
2012-04-24 18:37:17 UTC
NEW ORLEANS (AP) — The Justice Department said on Tuesday it filed the first criminal charges in the Deepwater Horizon disaster in the Gulf of Mexico, accusing a former BP engineer of destroying evidence.
Kurt Mix, of Katy, Texas, was arrested on two counts of obstruction of justice.
Ex-Miss. mayor sentenced in inmate sex case
2012-04-24 18:24:08 UTC
JACKSON, Miss. (AP) — A former Mississippi mayor and prison warden was sentenced Tuesday to seven months behind bars for telling an inmate to lie to investigators about sex they had in a hotel room in 2009.
Grady Sims, who served as the mayor of Walnut Grove in central Mississippi for 31 years...
Obama woos students, pushes low rate student loans
2012-04-24 17:51:54 UTC
CHAPEL HILL, N.C. (AP) — President Barack Obama tells college students that he and his wife, Michelle, know what it's like to owe student loans because the two of them didn't come from wealthy families.
He says: "When we married, we got poor together."
Obama was speaking at the University o...
Police chief in Martin case remains under scrutiny
2012-04-24 16:15:14 UTC
SANFORD, Fla. (AP) — While George Zimmerman is free on bail, the police chief criticized for not charging him after Trayvon Martin's slaying remains under scrutiny, as city commissioners want to wait for the results of a federal investigation to decide if they will accept Chief Bill Lee's resigna...
Californians to vote on abolishing death penalty
2012-04-24 07:30:32 UTC
SAN FRANCISCO (AP) — California voters will soon get a chance to decide whether to replace the death penalty with life in prison without the possibility of parole.
A measure to abolish capital punishment in California qualified for the November ballot on Monday, Secretary of State Debra Bowen ...
US-Afghan security pact sends warning to al-Qaida
2012-04-24 07:24:54 UTC
KABUL, Afghanistan (AP) — A new strategic partnership that commits the U.S. to defend Afghanistan militarily for 10 years after most foreign forces leave in 2014 is intended to signal that the U.S. will not tolerate a resurgent al-Qaida or attacks launched by militants from neighboring Pakistan.
Romney backs student loan proposal Obama supports
2012-04-24 07:21:55 UTC
ASTON, Pa. (AP) — Republican presidential candidate Mitt Romney on Monday embraced a student loan proposal that President Barack Obama is selling on the campaign trail and refused to endorse Sen. Marco Rubio's conservative immigration plan aimed at helping young illegal immigrants.
The two pol...
Spurs lock up West's top seed with rout of Blazers
2012-04-24 07:17:50 UTC
SAN ANTONIO (AP) — The San Antonio Spurs have locked up another No. 1 seed.
Now comes trying not to blow it again.
Tim Duncan scored 18 points in what might have been his last game before the playoffs start this weekend, now that the Spurs have clinched the top spot in the Western Conferenc...
Now out of jail, George Zimmerman fades from sight
2012-04-24 07:12:47 UTC
SANFORD, Fla. (AP) — George Zimmerman, who slipped out of jail on $150,000 bail in the early morning darkness, went back into hiding Monday and likely fled to another state to avoid threats as he awaits his second-degree murder trial for the killing of Trayvon Martin.
Later Monday, the Sanford...
US lessons in Afghanistan can aid Colombian troops
2012-04-24 07:07:03 UTC
BOGOTA, Colombia (AP) — Defense Secretary Leon Panetta got a glimpse into how America's military's experience in Afghanistan is contributing to the U.S. counterinsurgency training in Colombia.
While the two conflicts are no perfect match, U.S. military and defense officials said they can learn...