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Icy Arctic rising as economic, security hot spot

Icy Arctic rising as economic, security hot spot
By LARA JAKESAP National Security Writer WASHINGTON (AP) - The icy Arctic is emerging as a global economic hot spot - and one that is becoming a security concern for the U.S. as world powers jockey to tap its vast energy resources and stake out unclaimed territories. Diplomats from eight Arctic

British sailor dies during America's Cup practice

British sailor dies during America's Cup practice
By PAUL ELIAS and BERNIE WILSONAssociated Press SAN FRANCISCO (AP) - Andrew "Bart" Simpson had already garnered an Olympic gold medal in sailing in 2008 and a silver at last year's games when Artemis Racing came calling with a chance to win yachting's top prize - the America's Cup. "

Panasonic reports big loss but forecasts profit

Panasonic reports big loss but forecasts profit
By MALCOLM FOSTERAssociated Press TOKYO (AP) - Japanese consumer electronics giant Panasonic Corp. on Friday reported a near-record net loss of 754 billion yen ($7.5 billion) for the fiscal year through March due to restructuring costs and slumping sales, but predicted a return to the black this

Japan's Nikkei jumps as dollar passes 100-yen mark

Japan's Nikkei jumps as dollar passes 100-yen mark
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Japan's benchmark stock index surged Friday after the dollar hit a four-year high against the yen. Markets elsewhere gained as traders digested a positive U.S. jobs report. The Nikkei 225 index in Tokyo jumped 2.9 percent to close at 14,607.54

Later, Dawg: Randy Jackson leaving 'American Idol'

Later, Dawg: Randy Jackson leaving 'American Idol'
By DERRIK J. LANGAP Entertainment Writer LOS ANGELES (AP) - Jackson out. Randy Jackson, the lone remaining original "American Idol" judge, won't be returning to the Fox talent competition next season. "Idol" host Ryan Seacrest only hinted at Jackson's impending departure at the beginning of

British sailor dies during America's Cup practice

British sailor dies during America's Cup practice
By SUDHIN THANAWALA and TERRY COLLINSAssociated Press SAN FRANCISCO (AP) - A 72-foot-long, high-tech catamaran sailboat capsized Thursday in San Francisco Bay while practicing for the America's Cup races this summer, killing an Olympic gold medalist from England and injuring another sailor,

Obama to open middle-class jobs, opportunity tour

Obama to open middle-class jobs, opportunity tour
By DARLENE SUPERVILLEAssociated Press WASHINGTON (AP) - Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over

Obama to open middle-class jobs, opportunity tour

Obama to open middle-class jobs, opportunity tour
By DARLENE SUPERVILLEAssociated Press WASHINGTON (AP) - Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over

Obama, in Texas, presses middle-class jobs agenda

Obama, in Texas, presses middle-class jobs agenda
By DARLENE SUPERVILLEAssociated Press AUSTIN, Texas (AP) - Offering a more upbeat view of the economy, President Barack Obama resurrected his jobs proposals Thursday, advancing modest initiatives as he pushed for action on more ambitious efforts that face resistance from congressional Republicans

Sony back in black on cheap yen, healthier sales

Sony back in black on cheap yen, healthier sales
By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen that boosts overseas earnings. The Japanese electronics and entertainment company also dragged itself