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In this Wednesday, Sept. 12, 2012 photo, Apple CEO Tim Cook speaks during an introduction of the new iPhone 5 in San Francisco. Cook is scheduled to testify on Capitol Hill Tuesday May 21, 2013, to explain the company’s tax strategy, which a Senate subcommittee says lets it avoid paying billions of dollars in taxes. (AP Photo/Eric Risberg, File)

Apple case seen as possible spur to tax action

Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law. At a hearing ...

FILE - In this Sept. 9, 2012, file photo, Serena Williams reacts after beating Victoria Azarenka, of Belarus, in the championship match at the 2012 US Open tennis tournament in New York. The U.S. Open tennis tournament will leave CBS after nearly a half-century and move all TV coverage to cable starting in 2015 under an 11-year contract with ESPN, the U.S. Tennis Association and ESPN, announced Thursday, May 16, 2013. (AP Photo/Charles Krupa, File)

ESPN cutting workforce, 'smartly managing costs'

ESPN is cutting its workforce, the latest Disney division to reduce staff. "We are implementing changes across the company to enhance our continued growth while smartly managing costs," the sports media giant said in a statement Tuesday. "While difficult, we are confident that it will make us more competitive, innovative ...

FILE - In this Dec. 31, 2012 file photo, Sen. Orrin Hatch, R-Utah, center, fields questions from reporters as he walks on Capitol Hill in Washington. Foreigners leaving the country through any of the nation's 30 busiest airports would undergo mandatory fingerprinting under an amendment senators added Monday to a sweeping immigration bill. "This is an agreement that we need to build toward a biometric visa exit system," said Sen. Jeff Flake, R-Ariz., who offered the amendment by Hatch, who was absent Monday. "Implementing this biometric exit system is long overdue."  (AP Photo/Jacquelyn Martin, File)

Senators require fingerprinting at 30 airports

Senate supporters of far-reaching immigration legislation accepted minor changes in public while negotiating over more sweeping alterations in private Monday as they drove toward expected Judiciary Committee approval by mid-week. In a long day of drafting, the panel voted to begin phasing in a requirement for foreigners to undergo fingerprinting ...

Military sex abuse has long-term impact for vets

New government figures underscore the staggering long-term consequences of military sexual assaults: More than 85,000 veterans were treated last year for injuries or illness linked to the abuse, and 4,000 sought disability benefits. The Department of Veterans Affairs' accounting, released in response to inquiries from The Associated Press, shows a ...

ADVANCE FOR SATURDAY MAY 18 AND THEREAFTER Scott and Karen Armacost have shell casings and other items on display in their living room to honor veteran son Tyler who died in a vehicle crash in Kentucky on March 25, 2013. (AP Photo/Daily Journal, Scott Roberson)

Veteran's family aims to help others with PTSD

The sight of an old van parked on the street sent the soldier's mind back to Iraq. Tyler Armacost darted off the front porch of his parents' house and into the street because he thought he saw an Iraqi insurgent in the van. His mother tried to shake him and ...

President Barack Obama talks to a class of pre-Kindergarten school children at Moravia Park Elementary School in Baltimore, Md., Friday, May 17, 2013, during the his second "Middle Class Jobs and Opportunity Tour". (AP Photo/Jacquelyn Martin)

On jobs trip, Obama tries to leave problems behind

President Barack Obama tried on Friday to leave behind the political battles that have overshadowed his second-term agenda, saying lawmakers should work on creating more middle-class jobs in the slowly growing economy. "Our work is not done, and our focus cannot drift," Obama said. Obama's jobs tour took him to ...

Unemployment falls in 40 US states, rises in 3

Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country. The Labor Department said Friday that unemployment rates increased in only three states: Louisiana, Tennessee and North Dakota. Rates were unchanged ...

US wholesale prices fall 0.7 pct., most in 3 years

Sharp drops in fuel and food costs reduced a measure of U.S. wholesale prices in April by the most in three years. Outside those volatile categories, inflation stayed tame. The producer price index, which measures price changes before they reach the consumer, fell a seasonally adjusted 0.7 percent in April ...

Sen. Chuck Schumer, D-N.Y., left, confers with Sen. Amy Klobuchar, D-Minn., as the Senate Judiciary Committee meets on immigration reform on Capitol Hill in Washington, Thursday, May 9, 2013. A bill to enact dramatic changes to the nation's immigration system and put some 11 million immigrants here illegally on a path to citizenship is facing its first congressional test as the Senate Judiciary Committee begins considering proposed changes to the 844-page legislation.  (AP Photo/J. Scott Applewhite)

Coalition on immigration bill clears first tests

The bipartisan coalition behind a contentious overhaul of immigration laws stuck together on a critical early series of test votes Thursday, turning back challenges from conservative critics as the Senate Judiciary Committee refined legislation to secure the borders and grant eventual citizenship to millions living in the United States illegally. ...

In this Tuesday, April 27, 2010, photo, Job-seekers, including Sophonias Gizaw, center, of Seattle, wait in line to attend a job fair, in Tacoma, Wash. The Labor Department reports on the number of Americans who applied for unemployment benefits for the first full week of May on Thursday, May 9, 2013. (AP Photo/Ted S. Warren)

US jobless aid applications fall to 5-year low

The number of Americans who applied for unemployment benefits fell by 4,000 last week to a seasonally adjusted 323,000, a five-year low. Layoffs have returned to pre-recession levels, a trend that could lead to more hiring. The Labor Department said Thursday that the less volatile four-week average dropped 6,250 to ...

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