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America's Cup boat nosedived, broke into pieces

SAN FRANCISCO — The America’s Cup catamaran that capsized in San Francisco Bay, killing an Olympic gold medalist, nosedived during a difficult maneuver and broke into many pieces, an official said...

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GOP dilemma: draw new voters without irking base

WASHINGTON — The Republican Party, having lost the popular vote in five of the last six presidential elections, confronts a dilemma that's easier to describe than to solve: How can it broaden its...

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No. 2 Pakistan militant reportedly killed in U.S. drone strike

PESHAWAR, Pakistan — A suspected U.S. drone strike killed the No. 2 commander of the Pakistani Taliban on Wednesday, Pakistani intelligence officials said, although the militant group denied he was...

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Bachmann to leave House after fourth term

ST. PAUL, Minn. — Minnesota Rep. Michele Bachmann announced Wednesday that her fourth term in Congress will be her last, choosing to leave on her own terms after a dismal 18 months in which her...

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Rick Perry for governor? For president? Both?

AUSTIN, Texas (AP) — Gov. Rick Perry plans to announce any day if he will seek re-election next year. But that decision could depend as much on whether he wants to run for president again in 2016 as it...

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Fed suggests it's closer to slowing bond purchases

WASHINGTON — Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year because the economy...

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Stocks extend slide as China adds to worries

NEW YORK — For investors, there was no place to go Thursday.A day after the Federal Reserve roiled Wall Street when it said it could reduce its aggressive economic stimulus program later this year,...

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Marijuana's march toward mainstream confounds feds

WASHINGTON (AP) — It took 50 years for American attitudes about marijuana to zigzag from the paranoia of “Reefer Madness” to the excesses of Woodstock back to the hard line of “Just Say No.”The next 25...

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Stocks surge after Bernanke allays taper fear

NEW YORK — Call it the “Bernanke Boost.”The stock market, which has been marching higher for a week, got extra fuel Thursday after Federal Reserve Chairman Ben Bernanke said the central bank will keep...

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Small-cap funds have packed the biggest punch

NEW YORK — The biggest returns this year have come from the smallest stocks.Indexes that track small stocks are at record highs. Small- and mid-cap stocks have dominated their larger peers over much of...

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Six stocks that stand out in sizzling market

LOS ANGELES — It’s summertime and the stock market is sizzling.The market reached an all-time high last week, torching its previous record set just before Memorial Day.Even so, a handful of companies...

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Texas Dems see chance for relevance

AUSTIN — It would seem that Texas Republicans have never been stronger. An all-but-certain Republican successor is emerging to follow the departing Gov. Rick Perry. They’re jubilant over their victory...

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NASCAR notebook: Difficult day for Dale Earnhardt Jr.

INDIANAPOLIS — It was a difficult day for Dale Earnhardt Jr. — on and off the track.His uncle, Randy Earnhardt, died Sunday morning. Randy was important to Dale in his early racing days and played a...

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Businesses call for action on immigration

WASHINGTON — Hundreds of leading business groups and GOP donors Tuesday called for action on immigration legislation, seeking to increase pressure on the House GOP as lawmakers prepare to leave...

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Ackman gone, but J.S. Penney's problems remain

PLANO — The boardroom drama may be over, but J.C. Penney is still grappling with an uncertain future.William Ackman has resigned from J.C. Penney’s board as part of a deal to resolve an unusually...

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State chairman says Texas Democrats have much building to do

AUSTIN — Texas Democratic Party Chairman Gilberto Hinojosa has traveled the state talking up the party’s chances in 2014, but along the way he found that half the county organizations are barely...

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Warnings of slower sales drive stock market lower

NEW YORK — Grim sales forecasts from two major companies and concern that the Federal Reserve will soon start withdrawing its support for the economy pummeled the stock market Thursday.The Dow Jones...

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Civil rights includes gays 50 years after March on Washington

WASHINGTON — Months before Martin Luther King Jr.’s “I Have a Dream” declaration galvanized a quarter-million people at the 1963 March on Washington, Bayard Rustin was planning all the essential...

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Big investors pause amid tough August

NEW YORK — Wall Street’s big investors are in wait-and-see mode.There’s been plenty to give them pause this week: The stock market is down and oil is surging as the Syrian civil war escalates. Then...

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Texas law gets tough on public, private drone use

AUSTIN — A hobbyist using a remote-control airplane mounted with a digital camera just happened to capture images last year of a Dallas creek running red with pig’s blood. It led to a nearby...

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