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Ex-Stanford Executive Sentenced For $7 Billion Swindle

Posted: 3:49 PM A judge in Texas has sentenced one of the last two defendants convicted for helping disgraced financier R. Allen Stanford bilk investors out of more than $7 billion in one of the biggest Ponzi schemes in U.S. history.

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Miss America Pageant Returns to Atlantic City

Updated: 7:00 PM Atlantic City's casino and tourism industries are providing financial incentives that helped lure the Miss America pageant back to the seaside city where it started 93 years ago.

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Judge Approves Transocean's Plea Deal in Oil Spill

Posted: 3:27 PM A federal judge has approved Transocean Ltd.'s agreement with the Justice Department to plead guilty to a misdemeanor charge and pay $400 million in criminal penalties for its role in the 2010 Gulf of Mexico oil spill.

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EPA: Cuts Will Hamper Pollution Work

Posted: 3:22 PM A top environmental official is warning lawmakers that automatic spending cuts due next month would jeopardize EPA's ability to protect against oil spills, air pollution, and hazardous waste.

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Democrats To Unveil Bill To Replace Budget Cuts

Posted: 2:54 PM President Barack Obama's Democratic allies in the Senate are unveiling legislation to avoid a looming set of sharp, across-the-board spending cuts set to strike the Pentagon and domestic agencies in just two weeks.

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NEW: Deputy Killed in Fugitive Ex-Cop's Last Stand ID'd

Posted: 8:21 PM A San Bernardino County sheriff's deputy killed in a shootout with a man believed to be fugitive former LAPD officer Chris Dorner had gone into the search happy to help his community but wary of the dangers.

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American, US Airways Announce $11 Billion Merger

Updated: 3:08 PM American Airlines and US Airways have agreed to merge in an $11 billion deal that would create the world's biggest airline - the seventh merger sine 2005 in an industry that faces rising gas prices and stiffer competition.

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Apple Cuts MacBook Pro Price, Updates Processors

Updated: 9:21 PM Apple says it has lowered the price of its 13-inch MacBook Pro laptops by $200 and updated its processors. It also launched new models with faster processors and more memory.

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House Clears Disaster Aid for Houses of Worship

Posted: 5:08 PM The House has overwhelmingly approved a bill to allow houses of worship damaged by Superstorm Sandy to receive federal disaster aid from the Federal Emergency Management Agency.

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Kerry Seeks to Change Assad's Thinking on Syria

Posted: 4:58 PM Secretary of State John Kerry says he has some ideas on how to change Syrian President Bashar Assad's calculations on remaining in power and will raise them with European and Mideast leaders on his first official overseas trip.

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Boehner: Higher Minimum Wage Will Mean Fewer Jobs

Posted: 4:49 PM As President Barack Obama pushes for the minimum wage increase that he called for in his State of the Union address, House Speaker John Boehner is explaining why he thinks it's a bad idea.

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Carnival Cruise Lines Cancels 12 Voyages

Posted: 1:47 PM Carnival Cruise Lines cancelled 12 additional voyages of the cruise ship Triumph after an engine fire disabled the ship and stranded thousands of passengers.

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Lawyer: Slain Ex-Player's Wife Had Mental Troubles

Posted: 9:57 AM An attorney for a suburban Philadelphia woman accused of fatally stabbing her husband - a member of the University of Pennsylvania's 1979 Final Four team - says her client has mental health problems

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US Retail Sales Rise 0.1% After Tax Increase

Posted: 8:09 AM WASHINGTON (AP) - Americans barely spent more last month at retail businesses and restaurants after higher taxes cut their paychecks. The small increase suggests consumer spending may be weak in the January-March quarter.

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