National

FDA wants more info on female libido pill 


(AP) — A drugmaker working to develop a pill to boost sexual desire in women says regulators are demanding more studies on the experimental drug.

Yellen to investors: Expect continuity at the Fed

(AP) — Federal Reserve Chair Janet Yellen sought Tuesday to reassure investors that she will embrace the approach to interest-rate policy that her predecessor, Ben Bernanke, pursued before he stepped down as chairman last month.

GOP to advance 'clean' debt limit increase

(AP) — In a concession to President Barack Obama and Democratic lawmakers, House Speaker John Boehner said Tuesday the House will vote to increase the government's borrowing cap without trying to attach conditions sought by some Republicans. "We'll let his party give him the debt ceiling increase that he wants," Boehner said, hours before the expected evening vote.

US stocks drift higher in subdued trading

(AP) — U.S. stocks are ending slightly higher as the market settles down after a two-day surge late last week.

US business group wants China to expedite reforms

(AP) — A U.S. business group is urging China to expedite recently announced economic reforms, saying it will smooth the way for an investment treaty being negotiated between the world's two largest economies.

Continental buying Veyance Technologies for $1.91B

German auto parts maker Continental says it is buying rubber and plastics maker Veyance Technologies Inc. from private equity firm The Carlyle Group for 1.4 billion euros ($1.91 billion).

First lady praises construction industry hiring

(AP) — Michelle Obama said Monday that a pledge by the construction industry to hire more than 100,000 veterans by early 2019 is "a huge deal" that, besides doing right by former service members, will help companies grow and boost the U.S. economy for decades to come.

AOL reverses unpopular retirement plan move

AOL Corp. CEO Tim Armstrong has abandoned an unpopular plan to delay company contributions to employee retirement accounts and apologized for citing two high-cost births as part of the impetus for the plan.

Detroit: Bankruptcy plan will be filed next week

(AP) — The city of Detroit says it will file a plan to emerge from bankruptcy next week, just days before a March 1 deadline.

Gambling industry fights self on Internet gambling

(AP) — Many experts believe online wagering is the future of gambling, but the casino industry is increasingly divided on the issue.