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House committee passes Iran sanctions legislation

House committee passes Iran sanctions legislation
By RICHARD LARDNERAssociated Press WASHINGTON (AP) - A new push to thwart Iran's nuclear ambitions by crippling the country's economy gathered momentum on Capitol Hill Wednesday with approval of legislation by the House Foreign Affairs Committee that would impose even tougher

Senate rejects bid to let states run food stamps

Senate rejects bid to let states run food stamps
By MARY CLARE JALONICKAssociated Press WASHINGTON (AP) - The Senate on Wednesday rejected a Republican bid to turn the federal food stamp program over to the states. The current program, known as the Supplemental Nutrition Assistance Program, or SNAP, is administered by the Agriculture Department

'BOOM TOWN BABY': African stock markets see gains

'BOOM TOWN BABY': African stock markets see gains
By JASON STRAZIUSOAssociated Press NAIROBI, Kenya (AP) - The barrage of hourly tweets sent out by Aly-Khan Satchu - East Africa's version of CNBC's Mad Money host Jim Cramer - cheers on what Satchu says is a growing sentiment among investors: If you're not investing in Africa, you

Feds open special inspection into NC nuke plant

Feds open special inspection into NC nuke plant
By EMERY P. DALESIOAP Business Writer RALEIGH, N.C. (AP) - Federal regulators said Wednesday that they are conducting a special inspection of a nuclear power plant outside North Carolina's capital city that was forced to shut down last week after operators discovered corrosion and cracking in

Germans, French eye plan to create jobs for young

Germans, French eye plan to create jobs for young
BERLIN (AP) - Germany and France are preparing to launch a drive to combat the problem of high European youth unemployment, which officials in Berlin say will center on trying to get business involved and make better use of already-pledged public money. Germany's labor minister, Ursula von der

Oil falls near $94 on small drop in supplies

Oil falls near $94 on small drop in supplies
By The Associated Press The price of oil fell near $94 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak. Benchmark crude for July delivery declined $1.90 to close at $94.28 a barrel on the New York Mercantile Exchange. The Energy

Judge: Hollister clothing unfriendly to disabled

Judge: Hollister clothing unfriendly to disabled
By STEVEN K. PAULSONAssociated Press DENVER (AP) - A federal judge in Denver is contemplating an injunction against Abercrombie & Fitch Co. and J.M. Hollister LLC after ruling earlier that nearly 250 of their clothing stores that cater to a hip, young clientele are unfriendly to the disabled.

Talk of lies, pride as Trump case goes to jury

Talk of lies, pride as Trump case goes to jury
By MICHAEL TARMAssociated Press CHICAGO (AP) - The lawyer for an 87-year-old woman who accuses Donald Trump of cheating her in a skyscraper condo deal told jurors in Chicago on Wednesday that he was personally repulsed because he felt the "Apprentice" star conned his client and lied about it on the

Stocks rise on Fed stimulus hopes, home sales

Stocks rise on Fed stimulus hopes, home sales
By BERNARD CONDONAP Business Writer NEW YORK (AP) - Stocks are moving higher Wednesday after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its economic stimulus programs. Investors were also encouraged by news that sales of previously-occupied U.S.

AAA: 31.2M drivers to take Memorial Day road trip

AAA: 31.2M drivers to take Memorial Day road trip
By SCOTT MAYEROWITZAP Business Writer It's going to be another busy Memorial Day weekend on the nation's highways. From Thursday through Monday, 31.2 million Americans will drive 50 miles or more to a beach, campground or other getaway, according to car lobbying group AAA. That's a

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Obama To Visit Tornado-Ravaged OK Town

Obama To Visit Tornado-Ravaged OK Town
WASHINGTON (AP) - President Barack Obama will travel to tornado-ravaged Moore, Okla., on Sunday.    That's according to a White House official, who wasn't authorized to publicly discuss the trip ahead of the official announcement and requested anonymity.    A

SAY WHAT?!? Freak Snow In Washington State Town Cancels School

SAY WHAT?!? Freak Snow In Washington State Town Cancels School
BICKLETON, Wash. (AP) - A freak snow has given students a snow day in May in the Klickitat County town of Bickleton.    School Superintendent Ric Palmer says 10-to-12 inches fell in places overnight and heavy snow brought some tree branches down on lines, knocking out power and

Small Fla. city anxious to learn jackpot winner

Small Fla. city anxious to learn jackpot winner
By TAMARA LUSH and BARBARA RODRIGUEZAssociated Press ZEPHYRHILLS, Fla. (AP) - It could be an anxious wait of up to two months for people in a small Florida city to find out who won the highest Powerball jackpot in history: an estimated $590.5 million. The lucky ticket was bought sometime Saturday