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Oil execs defend high gas prices and big profits

Posted: 05/12/2011 - Oil company executives are defending high gasoline prices and big profits at a congressional hearing, saying they also pay high taxes and shouldn't face more.

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AIG, Treasury offering 300 million shares

Updated: 05/11/2011 - Global insurance company American International Group Inc. and the federal government are offering to sell a total of 300 million AIG shares to the public.

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Europe calls in Syria envoys amid sanctions threat

Updated: 05/11/2011 - Germany says several European countries are summoning Syrian ambassadors and threatening new sanctions targeting the country's leadership if it doesn't halt the repression of protesters.

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Obama approval hits 60 percent

Updated: 05/11/2011 - President Barack Obama's approval rating is at its highest in two years, following the death of Osama bin Laden.

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Floods costing businesses

Updated: 05/11/2011 - The Mississippi River is waist-high in some flooded areas of Vicksburg, Mississippi, and it hasn't crested yet.

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Obama pushing for immigration overhaul in El Paso

Updated: 05/10/2011 - President Barack Obama is making his first presidential trip to the U.S.-Mexico border on Tuesday, using the backdrop of a Texas border city to renew his call for overhauling the nation's immigration laws.

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Panel to focus on deadly truck, bus accidents

Posted: 05/10/2011 - The National Transportation Safety Board begins a two-day forum Tuesday to hear from regulators, safety experts, and the truck and bus industries about safety.

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Looking downstream from Memphis

Posted: 05/10/2011 - Farmers downriver from Memphis are building homemade levees to protect their crops and engineers are diverting water into a lake to ease the pressure on New Orleans levees.

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Crew, passengers subdue unruly man on flight

Posted: 05/09/2011 - Police say flight attendants and passengers subdued an unruly passenger and put him in handcuffs as an American Airlines flight was approaching San Francisco.

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Cyber-school students: Pentagon snubs our service

Posted: 05/09/2011 - Students graduating from the growing ranks of online high schools are running into a hurdle if their goal is to join the military: The Pentagon doesn't want many recruits from alternative or home schools.

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Turkey hosts UN forum on world's poorest nations

Posted: 05/09/2011 - Speakers at a U.N. conference in Turkey that aims to help the world's poorest countries say rising food and fuel prices have put additional pressure on people living in poverty.

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Obama: 'Getting our man' outweighed risks of raid

Posted: 05/09/2011 - President Barack Obama says he knew that sending special forces in helicopters to get Osama bin Laden at his Pakistan compound was risky, it was the best way to make sure they had their man.

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Amtrak, 15 states get $2 billion that Florida lost

Posted: 05/09/2011 - The Obama administration is giving Amtrak and rail projects in 15 states the $2 billion that Florida lost after the governor canceled plans for high-speed train service.

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Internet chatter up on bin Laden revenge attacks

Posted: 05/06/2011 - In the wake of Osama bin Laden's death, Western intelligence officials say they're seeing increased Internet and phone chatter about potential small-scale revenge attacks.

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Japanese plant to consider shutting down reactors

Posted: 05/06/2011 - A Japanese power company says it will "swiftly consider" a request from the country's prime minister that it shut down three reactors until safety measures have been put into effect.

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Obama says economy can take hit and keep going

Posted: 05/06/2011 - President Barack Obama says the latest positive jobs report shows the economy is resilient and "can take a hit and still keep on going" despite some strong headwinds, such as rising gasoline prices.

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