US News

US News
4:32 pm
Thu January 3, 2013

New tax law packed with breaks for businesses

US Capitol Building

WASHINGTON (AP) — Tucked into the "fiscal cliff" tax package approved by Congress are billions of dollars in tax breaks that should make the new year a lot happier for businesses of many stripes, including film producers, race track owners and the makers of electric motorcycles.

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US News
4:22 pm
Thu January 3, 2013

No TV broadcast of Guantanamo 9/11 trial

Credit The National Guard

SAN JUAN, Puerto Rico (AP) — A military judge has denied a request to allow television broadcast coverage of the Guantanamo Bay war crimes tribunal for five men charged in the Sept. 11 attacks.

Defense lawyers requested TV coverage of proceedings at the U.S. base in Cuba. But the Defense Department had authorized only closed-circuit broadcast to several military bases in the northeast U.S.

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US News
2:12 pm
Thu January 3, 2013

House re-elects Boehner speaker

Speaker of the House John Boehner speaking at the Values Voter Summit in Washington, DC.
Credit Gage Skidmore / Flickr

WASHINGTON (AP) — The House has re-elected embattled Republican John Boehner speaker.

The Ohio lawmaker won a second, two-year term as leader with 220 votes, losing just a handful of votes in the Republican-controlled chamber.

The election of the speaker came as the House and Senate ushered in a new Congress Thursday.

Copyright 2013 The Associated Press.

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US News
10:49 am
Thu January 3, 2013

Ford's US sales up 2 percent in December

DETROIT (AP) — Ford Motor Co. says its U.S. sales rose 2 percent in December, as strong sales of small cars made up for weak truck sales.

Sales of the Focus small car rose 58 percent from last December, while the Fiesta subcompact was up 53 percent. F-Series pickup truck sales were flat compared with last December. Sales of the new Ford Escape small SUV, which has been hit with several recalls, fell 21 percent.

Ford's U.S. sales were up 5 percent overall this year. Truck sales rose just 2 percent, but Ford saw higher increases for cars and SUVs like the Ford Explorer.

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US News
9:56 am
Thu January 3, 2013

Weekly US jobless aid applications rise to 372K

Credit Kathryn Decker / Flickr

WASHINGTON (AP) — More Americans sought unemployment benefits last week, though the winter holidays likely distorted the data for the second straight week.

The Labor Department says weekly applications rose by 10,000 to a seasonally adjusted 372,000 in the week ended Dec. 29. The previous week's total was revised higher.

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US News
9:04 pm
Wed January 2, 2013

Clinton leaves hospital after treatment for clot

U.S. Secretary of State Hillary Clinton departs the Korea War Memorial Museum in Seoul July 21, 2010
Credit UNC - CFC - USFK

WASHINGTON (AP) — Secretary of State Hillary Rodham Clinton has been released from a New York hospital where she was treated for a blood clot in her head.

Clinton spokesman Philippe Reines says her doctors advised her that she has been making progress on all fronts and are confident she will make a full recovery.

He says Clinton is appreciative of the excellent care she received at New York-Presbyterian Hospital and is eager to get back to work. A date for her return to the State Department has not been set.

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US News
4:39 pm
Wed January 2, 2013

Stocks surge after Congress passes budget deal

Credit Dan Nelson / Flickr

NEW YORK (AP) — Stocks roared higher on Wall Street and around the world after Congress passed a last-minute budget deal to avert sweeping tax hikes and government spending cuts.

The Dow Jones industrial jumped 308 points to close at 13,412 Wednesday, the first trading day of the year. That's the biggest gain the Dow has had since December 2011.

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US News
4:27 pm
Wed January 2, 2013

'Fiscal cliff' standoff over, Obama back in Hawaii

President Barack Obama meeting with National Security Council chief of staff Denis McDonough on Dec. 29, 2009, in Kailua, Hawaii

HONOLULU (AP) — A week after rushing to Washington to help end a tense, end-of-year standoff with Congress, President Barack Obama is back in Hawaii for vacation.

The president's annual visit to the state where he was born and spent much of his childhood was interrupted as he and members of Congress contended with the unfinished business of the "fiscal cliff" crisis that threatened to throw the economy back into recession.

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