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Updated: 14 min 35 sec ago

Medal of Honor Society honors Newtown educators

Mon, 05/06/2013 - 5:13pm

NEWTOWN, Conn. (AP) — The six educators killed in the December massacre at Sandy Hook Elementary School were honored Monday by an organization comprised of Medal of Honor recipients.


Kevin Durant coming through as a closer once again

Mon, 05/06/2013 - 5:10pm

OKLAHOMA CITY (AP) — Pondering Kevin Durant's latest big-time shot on the playoff stage, Lionel Hollins started listing a who's who of NBA greats from days gone by: Michael Jordan, Larry Bird, Magic Johnson, Isiah Thomas, Sam Jones, John Havlicek, George Mikan, Bob Pettit.


Wild prep for bruising bounce back from Blackhawks

Mon, 05/06/2013 - 5:02pm

ST. PAUL, Minn. (AP) — Trying to keep up with the Chicago Blackhawks would be unwise for the Minnesota Wild.


Utah prosecutor weighs charges in soccer ref death

Mon, 05/06/2013 - 5:02pm

SALT LAKE CITY (AP) — A Utah prosecutor said Monday he plans to decide soon what charges to file against a teenager accused of punching a soccer referee who later died after slipping into a weeklong coma.


At California port, some ships plug in to power up

Mon, 05/06/2013 - 5:01pm
LONG BEACH, Calif. (AP) — In less than a year, many of the diesel-powered cargo ships docking at California ports won't just tie up — they'll also plug in.

Father, son charged with defying machine ban

Mon, 05/06/2013 - 4:53pm
CHICAGO (AP) — A Taiwanese businessman and his son have been charged in Chicago with endeavoring to bypass a U.S. ban on the export of machinery that could have been used for weapons production in North Korea, federal prosecutors announced Monday.

Heritage study sets off immigration bill squabble

Mon, 05/06/2013 - 4:50pm

WASHINGTON (AP) — A bipartisan Senate immigration bill would cost the government a net $6.3 trillion over the next 50 years to provide benefits for millions of people now living in the U.S. illegally, the Heritage Foundation said in a report Monday, setting off a fierce dispute with fellow conservatives who attacked the study as flawed and political.


GOP seeks alternative to overtime pay

Mon, 05/06/2013 - 4:47pm

WASHINGTON (AP) — It seems like a simple proposition: give employees who work more than 40 hours a week the option of taking paid time off instead of overtime pay.


Items from Hemingway's Cuba home go to JFK Library

Mon, 05/06/2013 - 4:42pm

WASHINGTON (AP) — While most Americans have never seen Ernest Hemingway's home in Cuba where he wrote some of his most famous books, a set of 2,000 recently digitized records delivered to the United States will give scholars and the public a fuller view of the Nobel Prize-winning novelist's life.


Israeli airstrike in Syria aimed at Iran

Mon, 05/06/2013 - 4:39pm

BEIRUT (AP) — From Israel's perspective, its airstrikes near Damascus were more about Iran than Syria: Tehran's shipment of guided missiles destroyed in the weekend attacks would have posed a potent threat had the weapons reached Iranian proxy Hezbollah in Lebanon.


Teenager accused of lying in Boston bomb case out on bail

Mon, 05/06/2013 - 4:38pm

By Tim McLaughlin BOSTON (Reuters) - The teenager accused of lying to FBI agents in the Boston Marathon bombing case was freed on $100,000 bail on Monday pending a later trial date, and investigators said bomb fragments suggest they were less sophisticated than homemade ones used by insurgents. While out on bail, Robel Phillipos will be under the custody of his mother and must wear a GPS bracelet, U.S. Magistrate Judge Marianne Bowler ordered in federal court in Boston. The $100,000 bail for the 19-year-old was secured by real estate put up by a third party, the judge said. ...


Investigators seek answers in deadly limo fire

Mon, 05/06/2013 - 4:36pm

REDWOOD CITY, Calif. (AP) — Authorities searched for answers Monday in the fire that roared through a stretch limo packed with women on a girls' night out, hoping to learn what sparked the blaze and why five of the victims could not escape the fast-spreading flames.


ACT to start giving tests digitally

Mon, 05/06/2013 - 4:33pm
WASHINGTON (AP) — Goodbye, No. 2 pencils. Hello, iPads.

Court: Calif. cities can ban medical pot shops

Mon, 05/06/2013 - 4:25pm

SAN FRANCISCO (AP) — The California Supreme Court ruled Monday that cities and counties can ban medical marijuana dispensaries, a decision likely to further diminish the network of storefront pot shops and fuel efforts to have the state regulate the industry.


Venus Williams, Roddick join WTT ownership group

Mon, 05/06/2013 - 4:19pm

NEW YORK (AP) — Venus Williams and Andy Roddick were just kids when they got their first taste of World Team Tennis.


Lauryn Hill sentenced in NJ to 3 months in prison for failing to pay taxes on about $1M

Mon, 05/06/2013 - 4:18pm
NEWARK, N.J. (AP) — Lauryn Hill sentenced in NJ to 3 months in prison for failing to pay taxes on about $1M.

Factbox: How the NDF market works

Mon, 05/06/2013 - 4:17pm
(Reuters) - Non-deliverable forwards are used to hedge or speculate against currencies when exchange controls make it difficult for foreigners to trade in the spot market directly. The idea is the same as a regular foreign exchange forward - an investor or company wants to lock in an exchange rate for a certain period in the future. The contracts are called "non-deliverable" though, since no exchange of the underlying currency takes place. Instead the whole deal is settled in a widely traded currency, normally U.S. dollars. ...

Insight: How Singapore's currency club fell apart

Mon, 05/06/2013 - 4:17pm

By Rachel Armstrong SINGAPORE (Reuters) - Mukesh Kumar Chhaganlal said he tried to warn his manager at UBS AG about the "increasingly unrealistic" currency rates being set last year for the Indonesian rupiah against the dollar. His manager told him nothing could be done because "there was no way to control the market or how people set the rates on the market", according to court documents Mukesh filed in Singapore recently in his wrongful termination suit. Months after this alleged conversation, UBS fired Mukesh. ...


Tiger, mountain lions seized from Kansas property

Mon, 05/06/2013 - 4:11pm

KANSAS CITY, Mo. (AP) — A tiger and two mountain lions were among a menagerie of wild cats seized from private farmland in rural northeast Kansas, where they lived in inadequate chain-link enclosures and weren't properly fed or watered, authorities said Monday.


NY state senator charged with stealing funds for failed campaign

Mon, 05/06/2013 - 4:10pm

By Jessica Dye NEW YORK (Reuters) - A New York state senator from Brooklyn was charged on Monday with stealing proceeds from sales of foreclosed properties to finance a failed run for district attorney, prosecutors said, making him the state's latest politician to face federal criminal charges. John Sampson, 47, a Democrat who has represented southeastern Brooklyn since 1997, was charged with nine counts including embezzlement, obstruction of justice and making false statements to federal investigators, according to an indictment unsealed Monday. ...