• 1st tropical storm of Pacific season forms off Mexico

    Updated: 4 hr ago

    MIAMI (AP) — The first named tropical storm of the eastern Pacific hurricane season has formed far from Mexico's coast. Tropical Storm Andres formed Thursday and has maximum sustained winds near 40 mph (65 kph). The U.S. National Hurricane Center in Miami says the storm could become a hurricane by late Friday, though it is not currently forecast to threaten land. The depression is centered about 690 miles (1,115 kilometers) southwest of Manzanillo, Mexico, and is moving west-northwest near 14 mph (22 kph).

  • Tropical Storm Andres, 1st of Pacific season, forms off Mexico but poses no threat to land

    Updated: 4 hr ago

    MIAMI (AP) — Tropical Storm Andres, 1st of Pacific season, forms off Mexico but poses no threat to land.

  • Gas prices drop slightly in Texas

    Updated: 4 hr ago

    COPPELL, Texas (AP) — Gas prices across Texas dropped by one cent this week. AAA Texas said Thursday that the statewide average for a gallon of regular unleaded gasoline in Texas is now at $2.51. That's 94 cents less per gallon than last year. Texans are paying 23 cents less than the national average, which now sits at $2.74. Drivers in El Paso are paying the most on average at $2.65 per gallon. Drivers in Amarillo are paying the least at $2.42 per gallon. Pump prices have recently trended higher due to an increase in the price of global crude and localized refinery issues.

  • Nantucket Distributing recalls faulty night lights

    Updated: 4 hr ago

    NEW YORK (AP) — Nantucket Distributing Co. is recalling a line of night lights enclosed in a glass mason jar, saying the plastic around the base of the bulb can melt and create a risk of a burn. The recall involves about 12,000 Mason Jar Night Lights. The jar encloses the 7-watt incandescent light bulb. The company said there were two reported incidents where the plastic around the base of the light bulb melted, though no injuries or property damage were reported. The glass jars have clear raised letters that read "frutta del prato." They include products with model number DGL0915 and SKU 30732353, both of which appear on the price tag affixed to the product packaging.

  • UNC-Chapel Hill building to drop name of prominent KKK head

    Updated: 4 hr ago

    CHAPEL HILL, N.C. (AP) — Trustees at the University of North Carolina are renaming a classroom building so that it no longer carries the name of a Ku Klux Klan leader. The University of North Carolina at Chapel Hill said Thursday that Sanders Hall — named after William Sanders, a prominent member of the violent white supremacist group after the Civil War in the 19th century — will be renamed Carolina Hall. The decision reverses one made in 1920 to honor Sanders. The building now housing the geography department will be renamed Carolina Hall. Trustees also adopted a 16-year moratorium against renaming other places on the campus that was chartered in 1789, making it the country's oldest public university.

  • Phillip Lucas appointed AP reporter in Birmingham, Alabama

    Updated: 4 hr ago

    ATLANTA (AP) — Phillip Lucas, a journalist who has helped The Associated Press coordinate and cover significant stories across the South and beyond, has been hired to work as a reporter for the news cooperative in Birmingham, Alabama. The appointment was announced Thursday by South Region Editor Lisa Marie Pane and Deep South Editor Jim Van Anglen. Lucas joins Statehouse reporter Kimberly Chandler, based in Montgomery, and Birmingham Correspondent Jay Reeves as part of AP's Alabama news team. Lucas has been with the AP since 2012, covering breaking news in the evening hours in Georgia and Alabama.

  • Croatian dilemma: Oil in the Adriatic, or tourism

    Updated: 4 hr ago

    MEDULIN, Croatia (AP) — Peter Fries has been coming to Croatia for years after falling in love with its pristine coastline, fresh seafood, mellow wine and friendly hosts. With Croatia announcing it will allow oil drilling in the Adriatic sea, the 60-year-old German businessman is having second thoughts about his loyalty to this Mediterranean tourist haven known for glorious sunsets over sparkling seas and white pebble beaches shadowed by thick pine forests. That picture-perfect image, he fears, could soon change with the construction of giant offshore oil rigs on the horizon. "This is a high-risk problem," Fries said in a warm breeze that stirred the sea's mirrored surface. "No one wants to swim or dive in a sea with

  • FBI says it's investigating identity theft at IRS

    Updated: 4 hr ago

    WASHINGTON (AP) — The FBI says it's begun an investigation into the theft of personal tax information of more than 100,000 taxpayers from an Internal Revenue Service website. The FBI said Thursday that agents were "working to determine the nature and scope of this matter." The agency is advising individuals it's contacted to take steps to safeguard their personal information. IRS Commissioner John Koskinen has said the information was stolen as part of an elaborate scheme to claim fraudulent tax refunds. Two officials told The Associated Press on Wednesday that IRS investigators belief the identity thieves are part of a sophisticated criminal operation based in Russia.

  • Avago looks to grow with $37B deal for chipmaker Broadcom

    Updated: 4 hr ago

    NEW YORK (AP) — Avago Technologies is buying rival chipmaker Broadcom in a cash and stock deal worth about $37 billion, vastly expanding its lineup of products for the rapidly growing wireless device market at a time when sales growth has otherwise been tough to come by for smaller chipmakers. Hock Tan, Avago's president and chief executive, says that the deal will make his company the third largest semiconductor maker in terms of revenue and give it the most diversified communications platform in the industry, adding that there is very little overlap between Avago and Broadcom's products.

  • Former FIFA member Blazer's plea seems key to investigation

    Updated: 4 hr ago

    NEW YORK (AP) — Former FIFA executive committee member Chuck Blazer appears to have provided key information that has been central to the Justice Department's soccer corruption investigation, linking other officials in the Americas to a series of schemes. When indictments were unsealed Wednesday charging nine soccer officials and five other men with racketeering, money laundering and wire fraud related to bribes and kickbacks stretching back more than two decades, the U.S. government revealed Blazer pleaded guilty 1 1/2 years ago. Prosecutors also announced two sons of former FIFA Vice President Jack Warner pleaded guilty. Information from the three men appears to have been central to the Justice Department's investigations

  • Huge drop in West Virginia coal production forecast

    Updated: 4 hr ago

    CHARLESTON, W.Va. (AP) — West Virginia University researchers predict that state coal production will drop 39 percent compared with the industry's last high point in 2008. The WVU Bureau of Business and Economic Research released a report Thursday assessing coal production outlook over the next 20 years. The forecast says production will fall from 115 million short tons in 2014, to 104 million short tons this year, to 98 million short tons in 2016. Despite a moderate rebound from 2017 to 2020, production would drop to less than 96 million short tons in 2035. West Virginia produced 158 million short tons in 2008. A 29-percent drop would hit the already struggling southern coalfields by 2035. Northern coalfields p

  • Average US rate on 30-year mortgage rises to 3.87 pct.

    Updated: 4 hr ago

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week to their highest level so far this year as new data showed strength in the housing market. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage increased to 3.87 percent from 3.84 percent a week earlier. The rate on 15-year fixed-rate mortgages advanced to 3.11 percent from 3.05 percent. Rates have risen in recent weeks amid signs of improvement in the economy. A government report issued Tuesday showed that more Americans bought new homes in April, evidence that the stronger job market is propelling the housing market. New-home sales climbed 6.8 percent last month to a seasonally adjusted annual rate of 517,000

  • AP Interview: Serb far-right leader to fight extradition

    Updated: 5 hr ago

    BELGRADE, Serbia (AP) — Serbia's far-right leader Vojislav Seselj said Thursday he will launch a legal battle before the Serbian courts to fight any order to return to the Yugoslav war crimes tribunal. Seselj told The Associated Press in an interview on Thursday that he has no intention of returning voluntarily to the U.N. tribunal in The Hague, Netherlands, and would use the right to appeal extradition under Serbian law. Seselj, who is accused of recruiting paramilitary forces during the Balkan wars, was released in November for medical treatment in Serbia, but judges have ruled that he has breached the conditions of his release and must be sent back. Authorities in Serbia have said they are still waiting for a forma

  • GoPro gets real ... virtually real

    Updated: 5 hr ago

    NEW YORK (AP) — Shares of GoPro jumped to a five-month high Thursday after the company's CEO said the company is getting into the drone and virtual reality business. The company already dominates the action video camera market and its entry into the fast-growing field of drones and virtual reality sent shares up 3 percent early Thursday. Nick Woodman, who also founded the company, said at the Code Conference in California, that GoPro will come out with a quadcopter drone geared toward consumers in the first half of 2016. GoPro is also introducing six-camera technology for use in virtual reality, using its HERO4 cameras, which may be available this year.

  • Tiffany boosts its dividend 5 percent

    Updated: 5 hr ago

    NEW YORK (AP) — Tiffany & Co. is increasing its dividend for shareholders, the high-end jeweler said Thursday. It will pay stockholders 40 cents per share on July 10, a 5 percent increase from its last quarterly dividend of 38 cents per share. Shareholders as of June 22 will receive the new dividend. The dividend boost comes a day after Tiffany reported better-than-expected first-quarter results, thanks to sales growth in Europe, the U.S. and the Asia-Pacific region. Shares of Tiffany, based in New York, fell 40 cents to $93.14 in morning trading Thursday as the broader market slipped.

  • Boston Marathon bomber to be sentenced June 24

    Updated: 5 hr ago

    BOSTON (AP) — Boston Marathon bomber Dzhokhar Tsarnaev (joh-HAHR' tsahr-NEYE'-ehv) will be formally sentenced to death on June 24. U.S. District Judge George O'Toole Jr. set the date on Thursday. A jury determined earlier this month that Tsarnaev should get the death penalty in the 2013 attack. Three people were killed and more than 260 were injured when Tsarnaev and his brother placed two pressure-cooker bombs near the marathon finish line. Prosecutors say at least 20 victims of the explosions have asked to speak at the sentencing hearing. Tsarnaev will also be given the chance to speak if he so chooses. O'Toole gave Tsarnaev's lawyers until Aug. 17 to file any post-trial motions along with all supporting

  • Twice-caught fugitive's clean life led to decades of freedom

    Updated: 5 hr ago

    COLUMBUS, Ohio (AP) — In 55 years as a fugitive, Frank Freshwaters got caught twice. The first time, in 1975, the escaped Ohio inmate's good behavior helped him avoid a trip back to prison when West Virginia's governor refused to extradite him, citing Freshwaters' "flawless 16-year residency," according to records obtained by The Associated Press. Despite multiple aliases and a warrant for his arrest, he had built such a good life with his stolen freedom that the governor concluded Freshwaters had been rehabilitated as a fugitive. It would be almost 40 years before authorities tracked him down again.

  • Chobani CEO joins billions in pledging to donate wealthg

    Updated: 5 hr ago

    NEW YORK (AP) — Chobani founder and CEO Hamdi Ulukaya (HAHM'-dee Yoo-le-KY'-yah) says he will join some of the world's richest individuals in pledging to give away at least half his wealth, which has been estimated at $1.41 billion. The Turkish-born Ulukaya tells The Associated Press he is joining The Giving Pledge, which was created by Berkshire Hathaway CEO Warren Buffett and Microsoft founder Bill Gates. The Giving Pledge asks billionaires to commit to giving away more than half their wealth during their lifetimes or in their wills. Ulukaya's company grew swiftly from its founding in 2007 and helped drive the surging popularity of Greek-style yogurt.

  • Is rent out of reach? Study shows how 11 US cities stack up

    Updated: 5 hr ago

    NEW YORK (AP) — Renters are on the rise in America's biggest cities, but many tenants are scrambling to keep up with growing rent bills and shrinking vacancies, according to a study released Thursday. From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University's Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research. While various housing experts have noted such trends, the study zooms in on 11 of the nation's most populous cities.

  • Pending US home sales jump to strongest level in 9 years

    Updated: 5 hr ago

    WASHINGTON (AP) — Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index climbed 3.4 percent to 112.4 last month. It's the fourth consecutive monthly gain. The index now stands at its highest level since May 2006. "The confidence has returned to housing, not only as shelter but as a good long-term investment," said Ron Peltier, CEO of Berkshire Hathaway's real estate affiliate, HomeServices of America. The upswing comes after a year of strong hiring, which has heightened demand to buy houses.




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