US indexes end mostly higher even as tech swoons

---

• US indexes end mostly higher even as tech swoons
• Flyers promote Ron Hextall to general manager
• Somalia rains failing, hunger coming, say groups
• US closes Yemen embassy to public after attacks
• Obama: US will help Arkansas rebuild after storms
• Government says no need to park recalled GM cars
• League discussing timing of action on Sterling
• US financial regulatory group seeks more openness
• California museum to return statue to Cambodia
• House GOP moves toward establishing Benghazi probe
• Nintendo says 'no' to virtual equality in life simulator game
• South Africa's voting ends, counting starts
• Obama removing special trade benefits for Russia
• France sends agents to Nigeria, boosts ties to fight Boko Haram
• Company turns pollock research into supplement
• Jet to stop printing, change to digital app
• In North Carolina, a midterm preview for nation
• Cuba arrests 4 exiles, alleges terror plot
• Fewer US nuclear plants could curb climate change fight
• Oil rises as stockpiles fall
• Police: Bank robbery note was on grocery receipt
• Hostage testifies against British hate preacher
• White House to remove Russia from trade benefits program
• Colin Kaepernick eager to have Miami case resolved
• South China Sea tensions rise as Vietnam says China rammed ships
• Feds issue emergency order on crude oil trains
• Seattle, Sherman agree to 4-year extension
• Report: Jet landed long in Jamaica crash landing
• Pakistan police question American after FBI arrest
• Insight: Washington delays big banks from writing wills before a collapse
• Argentine carmakers suspend staff as sales plunge
• NBA owners meet again to update Clippers situation
• Putin's Ukraine move shows wariness of overplaying hand
• US consumer borrowing rose $17.5 billion in March
• Putin: Troops have pulled back from Ukraine border
• House voting to hold ex-IRS official in contempt
• Injury forces Ronaldo off early against Valladolid
• Christie joins LePage amid 'bully' criticism
• Yellen cites housing, geopolitical tensions as economic risks
• Syria rebels surrender strongholds in Homs

US indexes end mostly higher even as tech swoons Posted: 07 May 2014 01:18 PM PDT NEW YORK (AP) — The stock market is ending mostly higher even as several Internet companies including AOL and Groupon take a plunge.

Flyers promote Ron Hextall to general manager Posted: 07 May 2014 01:16 PM PDT PHILADELPHIA (AP) — Ron Hextall got his "dream job."

Somalia rains failing, hunger coming, say groups Posted: 07 May 2014 01:08 PM PDT NAIROBI, Kenya (AP) — Weak and erratic rains, military conflict and little funding from the international community could lead to mass hunger in Somalia, aid groups warned on Wednesday.

US closes Yemen embassy to public after attacks Posted: 07 May 2014 01:08 PM PDT WASHINGTON (AP) — The State Department says it has closed its embassy to the public in Yemen due to recent attacks against Western interests.

Obama: US will help Arkansas rebuild after storms Posted: 07 May 2014 01:06 PM PDT VILONIA, Ark. (AP) — Surveying the residue of nature's destructive power in the country's midsection, President Barack Obama pledged Wednesday to residents of tornado-ravaged Arkansas communities that their government will stand with them until they finish rebuilding.

Government says no need to park recalled GM cars Posted: 07 May 2014 01:05 PM PDT DETROIT (AP) — U.S. Transportation Secretary Anthony Foxx says there's no need to tell owners of recalled General Motors cars to stop driving them.

League discussing timing of action on Sterling Posted: 07 May 2014 01:03 PM PDT NBA officials met to discuss the league's bid to strip Clippers owner Donald Sterling of his team on Wednesday but have not settled on a timeline for action against the disgraced billionaire. A statement by NBA executive vice president Mike Bass said members of the league's Advisory/Finance committee had spoken again in a conference call to address the process of ousting Sterling. \"The Committee reviewed the status of the search for a new CEO of the Los Angeles Clippers, was updated on meetings held this week between NBA Deputy Commissioner Mark Tatum and Clippers employees, and addressed the process and timing regarding the termination of Mr. Sterling's ownership of the team,\" Bass said. NBA commissioner Adam Silver banned Sterling, the longest-tenured NBA team owner, for life after racist remarks he made in a private conversation with a girlfriend were made public.

US financial regulatory group seeks more openness Posted: 07 May 2014 01:03 PM PDT WASHINGTON (AP) — A group of U.S. regulators has adopted rules intended to make its deliberations more open as it monitors threats to the financial system.

California museum to return statue to Cambodia Posted: 07 May 2014 01:02 PM PDT PASADENA, Calif. (AP) — A California museum says it has reached an agreement to return a 10th century statue known as the "Temple Wrestler" to Cambodia.

House GOP moves toward establishing Benghazi probe Posted: 07 May 2014 12:58 PM PDT WASHINGTON (AP) — House Republicans on Wednesday moved toward an election-year special investigation of the deadly attack on a U.S. diplomatic post in Libya, brushing aside Democratic concerns over the panel's scope and composition. The Obama administration, meanwhile, accused Republicans of "political motivation" after they issued a fundraising email linked to the Benghazi probe.

Nintendo says 'no' to virtual equality in life simulator game Posted: 07 May 2014 12:55 PM PDT LOS ANGELES (AP) — Nintendo isn't allowing gamers to play as gay in an upcoming life simulator game.

South Africa's voting ends, counting starts Posted: 07 May 2014 12:53 PM PDT JOHANNESBURG (AP) — Polling stations closed Wednesday evening in elections in South Africa that are expected to see the ruling African National Congress return to power despite a vigorous challenge from opposition parties seeking to capitalize on discontent with corruption and economic inequality.

Obama removing special trade benefits for Russia Posted: 07 May 2014 12:49 PM PDT WASHINGTON (AP) — The United States is removing special trade benefits for Russia in the midst of a fight over its involvement in Ukraine.

France sends agents to Nigeria, boosts ties to fight Boko Haram Posted: 07 May 2014 12:48 PM PDT By John Irish and Elizabeth Pineau PARIS (Reuters) - France said on Wednesday it was boosting intelligence ties with Nigeria and sending security service agents there to tackle Boko Haram after more than 200 girls were kidnapped by the Islamist group. President Francois Hollande's office said after he spoke by telephone with Nigerian leader Goodluck Jonathan that Paris would dispatch a specialized team in the coming hours to Abuja to help find the girls. With more than 4,000 troops operating between Mali to the west and Central African Republic to the east, Paris has a major interest in preventing Nigeria's security from deteriorating and has voiced concern Boko Haram could spread north into the Sahel. Having ousted al Qaeda-linked militants from Mali last year, France is planning to redeploy its forces across West Africa this summer to target Islamist groups taking advantage of porous borders between southern Libya, northern Chad and Niger.

Company turns pollock research into supplement Posted: 07 May 2014 12:48 PM PDT ANCHORAGE, Alaska (AP) — Alaska pollock sandwiches at fast-food restaurants can now be topped off with a supplement extracted from another part of the fish.

Jet to stop printing, change to digital app Posted: 07 May 2014 12:47 PM PDT NEW YORK (AP) — Jet magazine, which first hit newsstands at the dawn of the civil rights era, is ceasing regular print publication and transforming into a digital app.

In North Carolina, a midterm preview for nation Posted: 07 May 2014 12:44 PM PDT ATLANTA (AP) — Establishment Republican Thom Tillis' victory in the Senate primary in North Carolina has spurred both sides to draw battle lines that could frame Senate races across the nation.

Cuba arrests 4 exiles, alleges terror plot Posted: 07 May 2014 12:44 PM PDT HAVANA (AP) — Four Cuban exiles from Miami have been detained on the island and accused of planning "terrorist actions," Havana authorities said Wednesday, the first such arrests in years.

Fewer US nuclear plants could curb climate change fight Posted: 07 May 2014 12:43 PM PDT Nuclear power plants in the United States increasingly risk closure amid growing competition from cheap natural gas, which experts said could hamper President Barack Obama's efforts to combat climate change. The White House on Tuesday urged action to fight the repercussions of greenhouse gas emissions, warning that human-caused warming was already having a serious impact. But an increase in the exploitation of abundantly available shale gas could mean that nuclear power plants -- which do not emit greenhouse gases and accounted for 19 percent of US electricity production in 2013 -- could see cuts. Aside from natural gas, whose prices have dropped since 2009, new regulations put in place after Japan's 2011 Fukushima disaster and tax benefits for wind power production have also dented the competitiveness of atomic energy, according to the sector.

Oil rises as stockpiles fall Posted: 07 May 2014 12:42 PM PDT The price of oil rose above $100 a barrel on Wednesday on a surprise decline in U.S. supplies and the continuing conflict in Ukraine.

Police: Bank robbery note was on grocery receipt Posted: 07 May 2014 12:41 PM PDT BEND, Ore. (AP) — An Oregon police affidavit says a robber at the Home Federal Bank two weeks ago demanded money by giving the teller a note written on the back of a grocery receipt.

Hostage testifies against British hate preacher Posted: 07 May 2014 12:41 PM PDT British hate preacher Abu Hamza admitted supplying advice and a satellite phone to the Islamist kidnappers of 16 Western tourists in Yemen in 1998, a survivor told a court Wednesday. Mary Quin, a US-New Zealand citizen who currently heads a government agency in New Zealand, confronted Abu Hamza head-on in a Manhattan federal court, where he is on trial for 11 kidnapping and terror charges. She spoke about the terrifying 24-hour kidnapping that ended with four hostages being killed and testified to meeting Abu Hamza in October 2000 while researching her published memoir "Kidnapped in Yemen." During that interview at Finsbury Park Mosque in London, Quin said Abu Hamza justified the kidnapping and killing of civilians in defense of Islam.

White House to remove Russia from trade benefits program Posted: 07 May 2014 01:24 PM PDT President Barack Obama gave the U.S. Congress official notice on Wednesday that he plans to pull Russia from a program that allows duty-free imports of certain goods, known as the Generalized System of Preferences, the White House said. The GSP program is currently awaiting congressional reauthorization. Once that happens, the United States will no longer allow goods from Russia, such as steel-making materials, tires and ceramics, to enter the country duty-free. Russia is "sufficiently advanced economically" and no longer needs the special treatment, the White House said.

Colin Kaepernick eager to have Miami case resolved Posted: 07 May 2014 12:41 PM PDT SANTA CLARA, Calif. (AP) — San Francisco 49ers quarterback Colin Kaepernick says on Twitter he's eager to have the truth come out in a Miami investigation involving him and two other NFL players.

South China Sea tensions rise as Vietnam says China rammed ships Posted: 07 May 2014 12:40 PM PDT By Nguyen Phuong Linh and Michael Martina HANOI/BEIJING (Reuters) - Vietnam said on Wednesday a Chinese vessel intentionally rammed two of its ships in a part of the disputed South China Sea where Beijing has deployed a giant oil rig, sending tensions spiraling in the region. The Foreign Ministry in Hanoi said the collisions took place on Sunday and caused considerable damage to the Vietnamese ships. "On May 4, Chinese ships intentionally rammed two Vietnamese Sea Guard vessels," said Tran Duy Hai, a Foreign Ministry official and deputy head of Vietnam's national border committee. Dozens of navy and coastguard vessels from both countries are in the area where China has deployed the giant rig, Vietnamese officials have said.

Feds issue emergency order on crude oil trains Posted: 07 May 2014 12:39 PM PDT WASHINGTON (AP) — The Transportation Department issued an emergency order Wednesday requiring that railroads inform state emergency management officials before moving large shipments of crude oil through their states, and urged railroads not to use older model tanks cars that are easily ruptured in accidents, even at slow speeds.

Seattle, Sherman agree to 4-year extension Posted: 07 May 2014 12:38 PM PDT RENTON, Wash. (AP) — Richard Sherman finally got the attention of being a top pick.

Report: Jet landed long in Jamaica crash landing Posted: 07 May 2014 12:35 PM PDT KINGSTON, Jamaica (AP) — An investigation into a headline-making plane accident almost five years ago at a Jamaican airport concludes a commercial jet landed long and the flight crew may have been fatigued.

Pakistan police question American after FBI arrest Posted: 07 May 2014 12:34 PM PDT KARACHI, Pakistan (AP) — Police in Pakistan questioned an American on Wednesday after U.S. authorities said an FBI agent on an anti-corruption taskforce had been arrested there, officials said.

Insight: Washington delays big banks from writing wills before a collapse Posted: 07 May 2014 12:34 PM PDT The banks have already had to submit two versions of the documents, neither of which were up to the standards of the Federal Deposit Insurance Corp and the Federal Reserve. "I don't think they'd function very well at all," FDIC Vice Chairman Thomas Hoenig told Reuters last week. Regulators haven't decided whether they will give feedback by that time, though they hope to get something to banks "soon," said Arthur Murton, the FDIC official who heads the living wills process. Under the law, regulators could eventually tell banks to shrink or spin off parts of their business if they are not convinced the living wills would do their job.

Argentine carmakers suspend staff as sales plunge Posted: 07 May 2014 12:33 PM PDT BUENOS AIRES, Argentina (AP) — Argentine automakers are reducing production and suspending factory workers as sales plunge because of a gathering storm of economic trouble.

NBA owners meet again to update Clippers situation Posted: 07 May 2014 12:33 PM PDT NEW YORK (AP) — NBA owners have held their second discussions about ending Donald Sterling's ownership of the Los Angeles Clippers.

Putin's Ukraine move shows wariness of overplaying hand Posted: 07 May 2014 12:31 PM PDT By Nigel Stephenson MOSCOW (Reuters) - Vladimir Putin's call for pro-Moscow separatists to postpone an independence referendum in eastern Ukraine shows the Russian president has achieved as much as he can for now without taking the potentially catastrophic step of sending in troops. It may also indicate that the Russian economy, on the brink of recession, is feeling the pain of the Western sanctions imposed over the Ukraine crisis. The greatest fear in the West, and in financial markets, was that Russia would send the 40,000 troops NATO says are massed on the border into Ukraine, biting another chunk out of the former Soviet republic following Moscow's March annexation of the largely Russian-speaking Crimean peninsula. "It sounds like there's de-escalation and that Putin will agree to Western terms," said a Moscow trader at a Western bank.

US consumer borrowing rose $17.5 billion in March Posted: 07 May 2014 12:30 PM PDT WASHINGTON (AP) — Consumers increased their borrowing in March by the largest amount in more than a year, using their credit cards and taking out more auto and student loans.

Putin: Troops have pulled back from Ukraine border Posted: 07 May 2014 12:28 PM PDT DONETSK, Ukraine (AP) — Russian President Vladimir Putin said Russia has pulled back its troops from the Ukrainian border and called for Sunday's referendum on autonomy in Ukraine's restive east to be postponed.

House voting to hold ex-IRS official in contempt Posted: 07 May 2014 12:26 PM PDT WASHINGTON (AP) — The House is preparing to vote Wednesday on holding a former Internal Revenue Service official in contempt of Congress for refusing to testify at a pair of committee hearings about her role in the agency's tea party controversy.

Injury forces Ronaldo off early against Valladolid Posted: 07 May 2014 12:22 PM PDT Madrid (AFP) - Cristiano Ronaldo was forced off with an injury just nine minutes into Real Madrid's visit to Valladolid on Wednesday and immediately sparked worries over his fitness for the Champions League final.

Christie joins LePage amid 'bully' criticism Posted: 07 May 2014 12:20 PM PDT PORTLAND, Maine (AP) — Once cheered for their no-nonsense leadership, New Jersey Gov. Chris Christie and Maine Gov. Paul LePage are betting their big personalities can boost each other's political fortunes. The Republican governors have struggled through a series of largely self-inflicted controversies that now jeopardize their political futures.

Yellen cites housing, geopolitical tensions as economic risks Posted: 07 May 2014 12:16 PM PDT By Michael Flaherty WASHINGTON (Reuters) - A slumping housing market and geopolitical tensions risk undermining the U.S. economy and bear close watching by the Federal Reserve, the central bank's chief said on Wednesday. In testimony to Congress, Fed Chair Janet Yellen repeated her stance that the economy was still in need of lots of support given the "considerable slack" in the labor market. While she offered few new clues on the direction of interest rates, Yellen broke ground in outlining the risks facing the economic recovery. Her mention of geopolitical tensions as a "prominent risk" suggested the Fed was worried the Ukrainian conflict could weigh on the U.S. economy, while her assessment of housing signaled the sector's slowdown was also a gnawing concern.

Syria rebels surrender strongholds in Homs Posted: 07 May 2014 12:15 PM PDT BEIRUT (AP) — Carrying their rifles and small bags of belongings, hundreds of exhausted Syrian rebels withdrew Wednesday from their last remaining strongholds in the heart of Homs, surrendering to President Bashar Assad a bloodstained city that was once the center of the revolt against him.

You are subscribed to email updates from Yahoo News - Top Stories To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610