Court filing says ship in Texas spill was speeding

HOUSTON (AP) — The owner of a tugboat that collided with a ship last month, dumping nearly 170,000 gallons of oil into the Houston Ship Channel, claims in court filings the ship was speeding and being operated in a reckless manner.
Microsoft 3Q earnings beat Street expectations

FILE - In this April 2, 2014 file photo, Microsoft CEO Satya Nadella gestures during the keynote address of the Build Conference in San Francisco. Microsoft reports quarterly earnings on Thursday, April 24, 2014. (AP Photo/Eric Risberg, File)REDMOND, Wash. (AP) — Microsoft Corp. posted flat revenue and a decline in net income for the fiscal third quarter. The results still beat analyst expectations.



US stocks mixed after good economic data, Apple results

A trader works on the trading floor of the New York Stock Exchange (NYSE) on November 7, 2013 in New YorkNew York (AFP) - US stocks were mixed in early trade Thursday following a good report on US durable goods and strong earnings from Apple and some other big companies.



GM says facing multiple probes into recent recalls

File photo of General Motors logo outside its headquarters at the Renaissance Center in DetroitBy Sarah N. Lynch WASHINGTON (Reuters) - General Motors is facing five different government probes in connection with its recent recalls, the automaker said in a regulatory filing on Thursday. GM said it is being investigated by the U.S. Attorney's Office for the Southern District of New York, the U.S. Securities and Exchange Commission (SEC), the National Highway Traffic Safety Administration (NHTSA), an unnamed state attorney general, and Congress. GM has faced a series of investigations and lawsuits since February, when it launched a massive recall of vehicles with potentially defective ignition switches that have been linked to at least 13 deaths.



US unwilling to give up Mideast peace process yet

Secretary of State John Kerry addresses a gathering of the Export-Import Bank at the Omni-Shoreham Hotel in Washington, Thursday, April 24, 2014. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) — Secretary of State John Kerry said Thursday that the U.S. isn't ready to write off Mideast peace negotiations, even after Israel broke off talks with Palestinian leaders who are trying to create a coalition government with the militant group Hamas.





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