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  • Obama says US must catch up to ensure drones are safe
    27 January
    WASHINGTON (AP) - President Barack Obama says U.S. laws and regulations haven't yet caught up with technological developments that have made drones readily available. Obama is responding to the small drone that crashed on the White House grounds while he was traveling in India. Obama…
  • U.S. consumer confidence jumps to 7 1/2-year high in January
    27 January
    WASHINGTON (AP) - U.S. consumer confidence shot up in January to the highest level since August 2007. The Conference Board reports that its consumer confidence index climbed to 102.9 this month from a revised 93.1 in December. Americans are feeling better about current economic conditions,…
  • Sheriff's want popular police-tracking app disabled
    26 January
    WASHINGTON (AP) - Sheriffs are campaigning to pressure Google to shut down a police-reporting feature on a popular smartphone traffic app. The sheriffs say the real-time tracking puts police officers' lives in danger. The Waze app is a combination of GPS navigation and social networking.…
  • BP to call witnesses as it fights for lesser spill penalty
    26 January
    NEW ORLEANS (AP) - It's oil giant BP's turn to call witnesses as it makes its case for a civil penalty lower than the $13.7 billion the federal government is seeking for the 2010 Gulf of Mexico oil spill. The second week of a three-week…
  • Mattel CEO resigns, toy maker results miss expectations
    26 January
    EL SEGUNDO, Calif. (AP) - Toy maker Mattel says Bryan Stockton has resigned after about three years of leading the struggling maker of Barbie dolls and Hot Wheels cars. The El Segundo, California, company also is reporting preliminary four-quarter earnings and revenue that missed Wall…
  • Detroit effort to find owners for vacant houses hits snags
    23 January
    DETROIT (AP) - A Detroit auction program to find owners for vacant houses has hit snags as some buyers struggle with financing and other issues. Mayor Mike Duggan set out with the goal of auctioning around 400 homes by the end of 2014 and met…
  • Deere to lay off more than 1,000 workers in Iowa, Illinois
    23 January
    Deere is laying off about 910 workers indefinitely from factories mostly in Iowa and will sideline another 500 employees in Illinois until late summer, as the agricultural equipment maker adjusts to demand for its products. The Moline, Illinois, company also says it is adding 220…
  • Average rate on 30-year mortgage falls to 3.63%
    22 January
    WASHINGTON (AP) - Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped further below 3…