National

Late audits halt trading in Morgan Stanley-backed stocks

(AP) — Two major companies in a prominent $1.4 billion Asia investment fund managed by New York banking giant Morgan Stanley unexpectedly told securities regulators they will not file their financial statements on time and froze trading in their stocks, actions generally considered to be cause for concern.

Pentagon chief considers easing of enlistment standards

(AP) — Saying the military needs to do more to compete with corporate America for quality recruits, Defense Secretary Ash Carter opened the door Monday to relaxing some enlistment standards — particularly for high-tech or cyber security jobs.

Trevor Noah set to replace Jon Stewart on 'The Daily Show' 


(AP) — Trevor Noah, a 31-year-old comedian from South Africa who has contributed to "The Daily Show" a handful of times in recent months, will become Jon Stewart's replacement as host, Comedy Central announced Monday.

Exercising critically ill patients may help speed recovery 


(AP) — The intensive care unit is a last frontier for physical therapy: It's hard to exercise patients hooked to ventilators.

Century-old NYC matzo factory faces a high-tech future

(AP) — The last Passover matzos have rolled out of a century-old bakery on Manhattan's Lower East Side — a neighborhood that's been dubbed the "Jewish Plymouth Rock."

Federal funding in short supply for rural water projects

(AP) — A pipeline project intended to bring billions of gallons of water a year to a drought-stricken section of eastern New Mexico represents a lifeline to parched communities that are quickly running out of water.

Horizon Pharma buying Hyperion for about $1.1 billion

(AP) — Horizon Pharma is buying Hyperion Therapeutics for about $1.1 billion, gaining two treatments for genetic disorders.

PlayStation gets Spotify, replacing Sony's own music service

(AP) — Spotify is coming to the PlayStation, replacing Sony's own Music Unlimited service, as the company continues to expand the game console into an entertainment hub beyond video games.

UnitedHealth to buy pharmacy benefits manager Catamaran

(AP) — The nation's largest health insurer, UnitedHealth, will muscle up in its fight against rising specialty drug costs by spending more than $12 billion to buy pharmacy benefits manager Catamaran Corp.

Lincoln Continental, the car of presidents, is returning

(AP) — Elvis Presley had one; so did Clark Gable. It was even the sedan of presidents. Then the name vanished amid an invasion of newer luxury cars from Europe and Asia.