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San Bernardino Files for Chapter 9 Bankruptcy

San Bernardino Files for Chapter 9 Bankruptcy

(AP) SAN BERNARDINO, Calif.Officials in San Bernardino, Calif., which is facing an expected $45.8 million budget deficit this year, have formally filed for Chapter 9 bankruptcy protection, a move that city leaders approved last month. Interim City Manager Andrea Travis-Miller said

Chick-fil-A Sets One-Day Sales Record Amid Flap

Chick-fil-A Sets One-Day Sales Record Amid Flap

(AP) ATLANTAChick-fil-A set a one-day sales record on Wednesday amid an ongoing controversy over a company executive’s public stance against same-sex marriage, company officials said Thursday. The Atlanta-based company confirmed in a statement that the sales record was broken Wednesday after

Obama Wants Florida for His Birthday

Obama Wants Florida for His Birthday

He’s got an iconic personal plane, a fortress-on-wheels armored car and lives in a historic home: so what do you get the President of the United States for his birthday? How about the state of Florida? President Barack Obama told

Obama Sycophant Fallon to Host 2013 Oscars?

Obama Sycophant Fallon to Host 2013 Oscars?

Jimmy Fallon, the late night talker who allowed President Barack Obama to use his show to advance his administration’s talking points back in April, may have a pretty prestigious gig to kick off 2013. Comedian Jimmy Fallon is in talks to host the

Paisley, Underwood to Host CMAs for 5th Time

Paisley, Underwood to Host CMAs for 5th Time

(AP) NASHVILLE, Tenn.- Carrie Underwood and Brad Paisley are hosting the Country Music Association Awards for a fifth time. Underwood started the online buzz about their return with a tweet Wednesday, saying she was hanging out with Paisley. She joked

The Fiscal Cliff: Congressmen Call for Bi-Partisan Debt Solution

The Fiscal Cliff: Congressmen Call for Bi-Partisan Debt Solution

Washington D.C.- Thursday morning, Reps. Steve LaTourette (R-Ohio), Robert Dold (R-Ill.), Charlie Bass (R-N.H.), and Dan Lipinski (D-Ill.) held a press conference to call for bi-partisan action before the US Government falls of the  “fiscal cliff.” LaTourette, a moderate Republican

La Toya Jackson to Get a Reality Show on OWN

(AP) NEW YORK – Oprah Winfrey has tapped La Toya Jackson to star in her own reality show. “Life with La Toya” is described as a “candid look” inside Jackson’s life as she juggles family, friends and business. It will

GM profit plunges 41 percent

GM profit plunges 41 percent

(AP) GM profit falls 41 percent on weakness in EuropeBy TOM KRISHERAP Auto WriterDETROITA big loss in Europe dragged down General Motors’ second-quarter profit. The automaker’s net income from April through June fell 41 percent to $1.5 billion, $1 billion

US factory orders fell 0.5 percent in June

US factory orders fell 0.5 percent in June

(AP) US factory orders fell 0.5 percent in JuneBy MARTIN CRUTSINGERAP Economics WriterWASHINGTONCompanies placed fewer orders with U.S. factories in June from May, signaling further weakness with manufacturing. The Commerce Department said Thursday that factory orders fell 0.5 percent in

Euro Promises Without Action Cause Stock Slump

Euro Promises Without Action Cause Stock Slump

By CHRISTINA REXRODEAP Business WriterNEW YORKStocks are slumping at midday after the European Central Bank failed to put forward concrete new plans for calming the continent’s debt crisis. Both the Dow Jones industrial average and the Standard & Poor’s 500

Former Israeli Spymaster: Iran Should Be Worried

Former Israeli Spymaster: Iran Should Be Worried

(AP) JERUSALEMA former Israeli spymaster on Thursday cautioned Iran not to dismiss Israel’s talk about possibly attacking Iranian nuclear facilities. The next 12 weeks will be “very critical” to Israel’s decision on whether to strike, Ephraim Halevy said. That time frame

Cameron Takes Putin to Watch Olympic Judo

Cameron Takes Putin to Watch Olympic Judo

By DAVID STRINGER and TIM REYNOLDSAssociated PressLONDONThey held talks, then it ended in a fight. Prime Minister David Cameron and Russian President Vladimir Putin showed up Thursday at the Olympic judo competition after meeting in central London on Syria and

UN Draft Drops Call for Syria's Assad to Step Down

UN Draft Drops Call for Syria's Assad to Step Down

By PETER JAMES SPIELMANNAssociated PressUNITED NATIONSArab countries have dropped a demand that Syrian President Bashar Assad resign in the latest draft of a symbolic U.N. General Assembly resolution that faces a Friday vote. The weakening of the resolution, which is

Kofi Annan to Step Down as Syria Envoy

Kofi Annan to Step Down as Syria Envoy

By JOHN HEILPRINAssociated PressGENEVAKofi Annan said Thursday he will step down from his high-profile role as special envoy for Syria at the end of the month, delivering blistering criticism of world powers’ failure to unite over the country’s escalating violence.

Weekly Jobless Claims Rise to 365k

Weekly Jobless Claims Rise to 365k

(Reuters) – The number of Americans filing new claims for jobless benefits rose less than expected last week, but the data continues to be influenced by distortions from seasonal auto shutdowns.

Obama Casts Romney as Tax Hike Proponent

Obama Casts Romney as Tax Hike Proponent

By KEN THOMAS and DAVID ESPOAssociated PressAKRON, OhioPresident Barack Obama made his rival’s personal millions a front-and-center issue in the race for the White House on Wednesday, telling a swing-state audience that Mitt Romney “is asking you to pay more

Pro-Obama PAC Readies $30 Million Ad Blitz

Pro-Obama PAC Readies $30 Million Ad Blitz

(AP) NEW YORKAn independent group supporting President Barack Obama’s re-election is preparing a $30 million advertising blitz in six battleground states this fall. A person familiar with the plans says Priorities USA Action has reserved television ad time in September in

ABC Greenlights Militia Drama Dubbed 'Founding Fathers'

ABC Greenlights Militia Drama Dubbed 'Founding Fathers'

The network which gave us the short-lived “GCB” is back with a series targeting a Texas-based militia group. Courtesy of Deadline.com: The network has bought drama pitch Founding Fathers, from Di Bonaventura Pictures TV and ABC Studios. Written by feature scribe

Fed Says US Economy Has Slowed, Takes No New Steps

Fed Says US Economy Has Slowed, Takes No New Steps

(AP) Fed says US economy has slowed, takes no new stepsBy MARTIN CRUTSINGERAP Economics WriterWASHINGTONThe Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to stimulate growth if the job