National

Jesse Jackson Jr. pleads guilty in campaign case

Details: Published on 02/20/2013 - 2:21 pm; Written by FREDERIC J. FROMMER, PETE YOST, Associated Press

(AP) — Former U.S. Rep. Jesse Jackson Jr., holding back tears, entered a guilty plea Wednesday in federal court to criminal charges that he engaged in a scheme to spend $750,000 in campaign funds on personal items. He faces 46 to 57 months in prison, and a fine of $10,000 to $100,000, under a plea deal with prosecutors.

Oregon couple defends sales of cure-all bleach

Details: Published on 02/20/2013 - 1:51 pm; Written by Associated Press

(AP) — An Oregon couple accused of selling a diluted version of industrial bleach as a cure for cancer, earaches and other maladies claims the federal government can't touch them because the product was sold to a private health association protected by free-speech and other constitutional rights.

Fed minutes show concerns about bond purchases

Details: Published on 02/20/2013 - 1:12 pm; Written by MARTIN CRUTSINGER, AP Economics Writer

(AP) — Several Federal Reserve policymakers were concerned last month about the risks of the Fed's efforts to boost the U.S. economy by keeping borrowing costs low for the foreseeable future.

Office Depot agrees to buy OfficeMax in stock deal

Details: Published on 02/20/2013 - 12:01 pm; Written by MAE ANDERSON, AP Retail Writer

(AP) — Office Depot and OfficeMax are being collated.

Stocks drop following Fed doubts about stimulus

Details: Published on 02/20/2013 - 8:48 am; Written by MATTHEW CRAFT, AP Business Writer

(AP) — The stock market posted its biggest loss this year on news that Federal Reserve officials suggested the central bank scale back its effort to keep borrowing costs low.

Pentagon notifies Congress of likely furloughs

Details: Published on 02/20/2013 - 8:45 am; Written by ROBERT BURNS, AP National Security Writer

(AP) — Defense Secretary Leon Panetta told Congress on Wednesday that if automatic government spending cuts kick in on March 1 he may have to shorten the workweek for the "vast majority" of the Defense Department's 800,000 civilian workers.

Oil follows stocks higher

Details: Published on 02/19/2013 - 1:31 pm; Written by Associated Press

The price of oil rose slightly Tuesday, following stocks and continuing a run-up that began two months ago.

Talk of more corporate deals sends stocks higher

Details: Published on 02/19/2013 - 9:21 am; Written by MATTHEW CRAFT, AP Business Writer

(AP) — Talk of more deal-making sent the stock market higher Tuesday, putting the Dow Jones industrial average within close reach of its all-time high.

High court reject's rapper C-Murder's appeal

Details: Published on 02/19/2013 - 9:18 am; Written by Associated Press

(AP) — The Supreme Court has passed up another chance to deal with an anomaly of constitutional law that requires federal juries to reach unanimous verdicts in criminal cases, but allows states to make different rules.