Yahoo's 1Q earnings surge while revenue sags

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• Yahoo's 1Q earnings surge while revenue sags
• FIFA head: Boost security after Boston blasts
• Morocco cancels war games with US
• Motion picture group expands movie ratings
• New leader to head Egypt's Jewish community
• Relatives describe women's death after PA abortion
• Pressure cooker bombs used in past by militants
• GM to roll out new line of smaller pickups
• Stock market rebounds from worst day of the year
• Source: Pressure-cooker bombs used in Boston blast
• CSX railroad posts higher 1Q profit
• Egypt's Muslim Brotherhood condemns Boston blasts
• NCAA men's basketball title game wins ratings
• Spring storm bringing needed snow to Colo., Wyo.
• Maduro blames US for violence over Venezuela vote
• Intel meets 1Q expectations despite PC slowdown
• Dish's Ergen says Sprint debt manageable
• Dow rebounds, gaining back half of Monday's loss
• American Airlines halts flights, passengers stuck
• Venezuela accuses opposition of plotting coup, seven dead
• J&J 1Q profit falls 10 pct despite higher sales
• Arbos says stutter didn't get him votes on 'Idol'
• Oil bounces back as dollar weakens
• Coca-Cola's independent bottlers see shifting role
• Report: US resorted to torture after 9/11 terror
• US officials: War games with Morocco canceled
• Dell, Icahn agree on a share ownership cap
• Target says 1Q profit will be short of outlook
• Smithsonian to close galleries due to budget cuts
• US Internet ad revenue grows 15 percent in 2012
• SoftBank fight for Sprint seen trumping easy gains
• Boston Marathon bombs put world's cities on alert
• Park Service chief defends handling of budget cuts
• John Guare to act in his new off-Broadway play
• Goldman CFO: Still 'very close' to crisis
• Two passengers removed from UAL flight at Boston airport
• Obama honors NASCAR champion Brad Keselowski
• High court wrestles with Indian adoption dispute
• Fake Chaplins mark actor's birthday in India
• Boston bombs said to be made from pressure cookers

Yahoo's 1Q earnings surge while revenue sags Posted: 16 Apr 2013 01:54 PM PDT SAN FRANCISCO (AP) — Yahoo is making more money under CEO Marissa Mayer, even as the Internet company struggles to sell more of the ads that bring in most of its revenue.

FIFA head: Boost security after Boston blasts Posted: 16 Apr 2013 01:53 PM PDT PORT-AU-PRINCE, Haiti (AP) — A top FIFA official says the international football organization will be stepping up security for the 2014 FIFA World Cup in Brazil as a result of the bombings at the Boston Marathon.

Morocco cancels war games with US Posted: 16 Apr 2013 01:53 PM PDT WASHINGTON (AP) — Morocco has canceled its annual military exercises with the United States after the Obama administration supported adding human rights monitoring to the U.N. mission to the disputed Western Sahara territory, U.S. officials said.

Motion picture group expands movie ratings Posted: 16 Apr 2013 01:51 PM PDT LAS VEGAS (AP) — The Motion Picture Association of America announced changes Tuesday to its movie rating system, saying it wants to better inform parents about violence in films.

New leader to head Egypt's Jewish community Posted: 16 Apr 2013 01:48 PM PDT CAIRO (AP) — Egypt's Jewish community has announced that it has elected the daughter of a well-known leftist and nationalist icon to protect its heritage and care for its dwindling, elderly membership.

Relatives describe women's death after PA abortion Posted: 16 Apr 2013 01:48 PM PDT PHILADELPHIA (AP) — Karnamaya Mongar survived 20 years in a refugee camp after fleeing war-torn Bhutan, but died months after arriving in the U.S. in 2009 and seeking an abortion.

Pressure cooker bombs used in past by militants Posted: 16 Apr 2013 01:46 PM PDT CAIRO (AP) — Homemade bombs built from pressure cookers, a version of which was used in the Boston Marathon bombings, have been a frequent weapon of militants in Afghanistan, India and Pakistan. Al-Qaida's branch in Yemen once published an online manual on how to make one, urging "lone jihadis" to act on their own to carry out attacks.

GM to roll out new line of smaller pickups Posted: 16 Apr 2013 01:46 PM PDT DETROIT (AP) — General Motors plans to roll out a line of completely revamped midsize pickup trucks, with gas mileage and features designed to take sales from Toyota's market-leading Tacoma.

Stock market rebounds from worst day of the year Posted: 16 Apr 2013 01:43 PM PDT NEW YORK (AP) — Strong housing and earnings reports helped stocks rebound from their worst day of the year.

Source: Pressure-cooker bombs used in Boston blast Posted: 16 Apr 2013 01:42 PM PDT BOSTON (AP) — The bombs that ripped through the Boston Marathon crowd were fashioned out of ordinary kitchen pressure cookers, packed with nails and other fiendishly lethal shrapnel, and hidden in duffel bags left on the ground, people close to the investigation said Tuesday.

CSX railroad posts higher 1Q profit Posted: 16 Apr 2013 01:39 PM PDT JACKSONVILLE, Fla. (AP) — CSX Corp. says its first-quarter profit chugged ahead 2 percent as a decline in coal revenue was offset by rate increases for other shipments.

Egypt's Muslim Brotherhood condemns Boston blasts Posted: 16 Apr 2013 01:38 PM PDT CAIRO (AP) — Egypt's Muslim Brotherhood condemned the Boston Marathon bombings Tuesday, but a senior member of the group painted them as part of a conspiracy aimed at undermining Muslims' moves toward democracy.

NCAA men's basketball title game wins ratings Posted: 16 Apr 2013 01:36 PM PDT NEW YORK (AP) — Unlike the men's basketball championship game itself, there was no contest in the ratings. Louisville's gripping victory over Michigan to win the NCAA tournament was easily the most popular event on prime-time television last week.

Spring storm bringing needed snow to Colo., Wyo. Posted: 16 Apr 2013 01:29 PM PDT DENVER (AP) — A spring storm is bringing much-needed moisture to parts of the Rockies and the Plains but winds are raising the wildfire danger to the south.

Maduro blames US for violence over Venezuela vote Posted: 16 Apr 2013 01:27 PM PDT CARACAS, Venezuela (AP) — Venezuela's President-elect Nicolas Maduro is accusing the United States of inciting all the violence that has occurred in the wake of Sunday's contested elections.

Intel meets 1Q expectations despite PC slowdown Posted: 16 Apr 2013 01:22 PM PDT NEW YORK (AP) — Intel Corp., the world's largest maker of chips for PCs, is sticking to its guns amid a drastic slowdown in computer sales.

Dish's Ergen says Sprint debt manageable Posted: 16 Apr 2013 01:19 PM PDT NEW YORK (AP) — Dish Network's combative chairman, Charlie Ergen, on Tuesday defended his $25.5 billion bid for Sprint Nextel, saying the debt load the deal would create for the combined company will be manageable.

Dow rebounds, gaining back half of Monday's loss Posted: 16 Apr 2013 01:19 PM PDT NEW YORK (AP) — Stocks are posting their biggest gain since the beginning of the year thanks to strong reports on housing and earnings.

American Airlines halts flights, passengers stuck Posted: 16 Apr 2013 01:18 PM PDT DALLAS (AP) — American Airlines grounded flights across the country Tuesday because of an outage of its main reservations system. Thousands of passengers were stranded at airports and on airplanes.

Venezuela accuses opposition of plotting coup, seven dead Posted: 16 Apr 2013 01:18 PM PDT By Brian Ellsworth and Andrew Cawthorne CARACAS (Reuters) - Venezuelan President-elect Nicolas Maduro accused the opposition on Tuesday of planning a coup against him after seven government supporters were killed in violent clashes over his disputed election victory. Opposition leader Henrique Capriles has demanded a full recount of votes from Sunday's election after official results showed a narrow victory for Maduro, who is late socialist President Hugo Chavez's hand-picked successor. ...

J&J 1Q profit falls 10 pct despite higher sales Posted: 16 Apr 2013 01:17 PM PDT Johnson & Johnson's first-quarter profit fell by just over 10 percent as increased sales were offset by higher costs for production, marketing and administration, plus charges for litigation and other items.

Arbos says stutter didn't get him votes on 'Idol' Posted: 16 Apr 2013 01:17 PM PDT NEW YORK (AP) — "American Idol" contestant Lazaro Arbos won the hearts of viewers not just because of his singing, but because of his personal story.

Oil bounces back as dollar weakens Posted: 16 Apr 2013 01:14 PM PDT NEW YORK (AP) — Oil fell as low as $86 a barrel on Tuesday before recovering and finishing slightly higher.

Coca-Cola's independent bottlers see shifting role Posted: 16 Apr 2013 01:14 PM PDT NEW YORK (AP) — Coca-Cola has struck preliminary deals to begin handing back more of its U.S. distribution network to independent bottlers, a move that's expected to improve profit margins in its flagship market.

Report: US resorted to torture after 9/11 terror Posted: 16 Apr 2013 01:13 PM PDT NEW YORK (AP) — An independent review of the U.S. government's anti-terrorism response after the Sept. 11, 2001, attacks reported Tuesday that it is "indisputable" the United States engaged in torture and the George W. Bush administration bears responsibility.

US officials: War games with Morocco canceled Posted: 16 Apr 2013 01:13 PM PDT WASHINGTON (AP) — U.S. officials say Morocco has canceled a major annual military exercise with the United States over the Obama administration's support for expanding the powers of a U.N. mission in the disputed Western Sahara.

Dell, Icahn agree on a share ownership cap Posted: 16 Apr 2013 01:09 PM PDT Dell Inc. and Carl Icahn have agreed to cap his stake in the personal computer maker while a special board committee considers competing takeover bids from the billionaire investor, a group led by CEO Michael Dell and buyout specialist Blackstone Group.

Target says 1Q profit will be short of outlook Posted: 16 Apr 2013 01:08 PM PDT MINNEAPOLIS (AP) — Target says its first-quarter adjusted profit will likely come in slightly below its forecast because of weaker-than-expected sales of seasonal and weather-sensitive items.

Smithsonian to close galleries due to budget cuts Posted: 16 Apr 2013 01:07 PM PDT WASHINGTON (AP) — Budget cuts from Congress will soon reduce the number of free exhibitions on view each day at the Smithsonian Institution and will force unpaid leave for U.S. Park Police officers who guard the nation's monuments in Washington, New York City and elsewhere, agency officials told Congress on Tuesday.

US Internet ad revenue grows 15 percent in 2012 Posted: 16 Apr 2013 01:06 PM PDT NEW YORK (AP) — U.S. Internet advertising revenue grew 15 percent to a record $36.6 billion in 2012, with mobile ad revenue growing faster than other types, according to a new report Tuesday.

SoftBank fight for Sprint seen trumping easy gains Posted: 16 Apr 2013 01:04 PM PDT By Mari Saito, Tim Kelly and Sinead Carew TOKYO/NEW YORK (Reuters) - Masayoshi Son, billionaire founder of Japanese mobile carrier SoftBank Corp, is expected to stay in the battle for U.S. wireless service provider Sprint Nextel Corp, even though he could profit handsomely by walking away. While the intentions of Charlie Ergen, the chairman of Dish Network Corp, should be clear - after a bold $25.5 billion counterbid for Sprint - not everyone is convinced the deal will go through. ...

Boston Marathon bombs put world's cities on alert Posted: 16 Apr 2013 01:02 PM PDT LONDON (AP) — With two high-profile events in the days ahead — Margaret Thatcher's funeral and the London Marathon — British officials are looking anew at security precautions following the bombings in Boston.

Park Service chief defends handling of budget cuts Posted: 16 Apr 2013 01:01 PM PDT WASHINGTON (AP) — Facing withering criticism from House Republicans, the director of the National Park Service Tuesday rejected suggestions the agency purposely hyped the negative impact of mandatory spending reductions for political gain.

John Guare to act in his new off-Broadway play Posted: 16 Apr 2013 12:59 PM PDT NEW YORK (AP) — John Guare isn't merely ready to unveil his new play — he'll also be onstage in it.

Goldman CFO: Still 'very close' to crisis Posted: 16 Apr 2013 12:53 PM PDT NEW YORK (AP) — Goldman Sachs reported what seemed like a good first quarter, but analysts were more concerned about the bank's future than the past three months. They peppered the chief financial officer with questions about impending regulations, and investors sent Goldman's stock down even as other banks rose.

Two passengers removed from UAL flight at Boston airport Posted: 16 Apr 2013 12:52 PM PDT (Reuters) - Two passengers and their bags were removed from a United Airlines flight before departure from Boston's Logan airport on Tuesday, a source with direct knowledge of the action said, one day after two bombs exploded at the finish line of the Boston Marathon. It was not known if the removal of the passengers was connected with the investigation of the bombings, which left three people dead and dozens injured. The identities of the two passengers were not disclosed. ...

Obama honors NASCAR champion Brad Keselowski Posted: 16 Apr 2013 12:47 PM PDT WASHINGTON (AP) — President Barack Obama is honoring NASCAR driver Brad Keselowski and his crew for winning the Sprint Cup Series championship.

High court wrestles with Indian adoption dispute Posted: 16 Apr 2013 12:46 PM PDT WASHINGTON (AP) — The Supreme Court is trying to sort out a wrenching adoption case involving a Native American child, a biological father who first renounced any interest in her and adoptive parents who were eventually ordered to hand her over to the father.

Fake Chaplins mark actor's birthday in India Posted: 16 Apr 2013 12:44 PM PDT ADIPUR, India (AP) — Canes in hand and bowler hats firmly in place, dozens of Charlie Chaplin impersonators tramped through the streets of a small port town in western India on Tuesday to celebrate the birthday of the legendary comic actor and filmmaker.

Boston bombs said to be made from pressure cookers Posted: 16 Apr 2013 12:44 PM PDT BOSTON (AP) — The bombs that ripped through the crowd at the Boston Marathon, killing three people and wounding more than 170, were fashioned out of pressure cookers and packed with metal shards, nails and ball bearings to inflict maximum carnage, a person briefed on the investigation said Tuesday.

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