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  • Ousted premier seeks return to power in Cayman

    KINGSTON, Jamaica (AP) -- A former Cayman Islands premier who faces 11 criminal charges and was ousted from leadership last year is heading into Thursday's general elections with an outside chance of returning to power in the British Overseas Territory. (   05/22/2013 2:31 PM )

  • AP PHOTOS: The 10 highest-paid CEOs of 2012

    It pays to be in TV. (   05/22/2013 2:29 PM )

  • Glaxo, US partnering to develop new antibiotics

    LONDON (AP) -- GlaxoSmithKline PLC says it's starting an unusual collaboration with the U.S. government to develop several antibiotics for both bioterrorism threats and bacterial infections resistant to current medicines. (   05/22/2013 2:28 PM )

  • Wal-Mart hires Hill & Knowlton executive

    NEW YORK (AP) -- Wal-Mart Stores Inc. is naming Dan Bartlett, who had been president and CEO of the U.S. arm of global public relations firm Hill & Knowlton, as its new executive vice president of corporate affairs. (   05/22/2013 2:21 PM )

  • XanGo juice hit with 2nd lawsuit claiming looting

    SALT LAKE CITY (AP) -- A co-founder of exotic juice maker XanGo has filed a lawsuit claiming his partners are looting company funds for exotic vacations and luxury gifts. (   05/22/2013 2:20 PM )

  • Iran expands nuke technology

    VIENNA (AP) -- The U.N. atomic agency on Wednesday detailed rapid Iranian progress in two programs that the West fears are geared toward making nuclear weapons, saying Tehran has upgraded its uranium enrichment facilities and advanced in building a plutonium-producing reactor. (   05/22/2013 2:18 PM )

  • Fed weighed slowing its pace of bond purchases

    WASHINGTON (AP) -- Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June -- if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains. (   05/22/2013 2:11 PM )

  • House preserves its own budget as others face cuts

    WASHINGTON (AP) -- House lawmakers are moving to protect Capitol Hill's budget even as they're working to slash other programs like education, health research, water projects and housing aid for the poor. (   05/22/2013 2:09 PM )

  • Pentagon to seek new vets record system

    WASHINGTON (AP) -- The Pentagon has decided to buy a new computerized health records system to be able to better share and merge its data with the Department of Veterans Affairs, but officials cautioned that it was part of a "long-term modernization" effort and would not help ease the current backlog in VA disability claims. (   05/22/2013 2:07 PM )

  • Pfizer plans offering to pare Zoetis stake

    TRENTON, N.J. (AP) -- Drugmaker Pfizer Inc. plans to try to sell its controlling stake in its former animal health business, Zoetis Inc., through a voluntary stock exchange with Pfizer shareholders. (   05/22/2013 2:05 PM )

  • The new consoles from Microsoft, Nintendo and Sony

    NEW YORK (AP) -- Microsoft is the last of the three big video game console makers to unveil its latest gaming system. The unveiling comes nearly eight years after the Xbox 360 went on sale. It follows last fall's debut of Nintendo's Wii U and a preview in February of the upcoming PlayStation 4 from Sony. (   05/22/2013 1:47 PM )

  • Vt. sues, accusing company of "patent trolling"

    MONTPELIER, Vt. (AP) -- The Vermont attorney general's office is suing a business, accusing it of "patent trolling." (   05/22/2013 1:46 PM )

  • First Look: New Xbox elegant, but much unknown

    REDMOND, Wash. (AP) -- Will gamers want One? (   05/22/2013 1:41 PM )

  • 'Boom Town Baby': African stock markets see gains

    NAIROBI, Kenya (AP) -- The barrage of hourly tweets sent out by Aly-Khan Satchu -- East Africa's version of CNBC's Mad Money host Jim Cramer -- cheers on what Satchu says is a growing sentiment among investors: If you're not investing in Africa, you should be. Or as Satchu loudly proclaims on his Twitter feed or newspaper column: "ITS BOOM TOWN BABY." (   05/22/2013 1:24 PM )

  • First lady lauds effort to preserve DC slave house

    WASHINGTON (AP) -- Michelle Obama says stories of toil and sweat by slaves once housed at a historic home within sight of the White House are an important part of U.S. history that must be preserved for future generations. (   05/22/2013 1:23 PM )

  • House takes up GOP bill to speed pipeline approval

    WASHINGTON (AP) -- The House has taken up a Republican-sponsored bill that would speed approval of the proposed Keystone XL oil pipeline from Canada to Texas. (   05/22/2013 1:22 PM )

  • Target's 1Q profit drops 29 pct on weak sales

    NEW YORK (AP) -- Target Corp. reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers' appetite for spending. (   05/22/2013 1:19 PM )

  • Senate rejects bid to let states run food stamps

    WASHINGTON (AP) -- The Senate on Wednesday rejected a Republican bid to turn the federal food stamp program over to the states. (   05/22/2013 1:19 PM )

  • Fox show brings messy workplaces to television

    NEW YORK (AP) -- This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week. (   05/22/2013 1:16 PM )

  • NJ: Bars swapped cheap booze for premium liquor

    TRENTON, N.J. (AP) -- New Jersey officials have seized inventory and demanded records from 29 bars and restaurants that allegedly sold low-quality liquor to patrons who thought they were buying premium brands. (   05/22/2013 1:12 PM )

  • IRS official Lerner: 'I did nothing wrong'

    WASHINGTON (AP) -- The Internal Revenue Service official at the center of the storm over the agency's targeting of conservative groups told Congress on Wednesday that she had done nothing wrong in the episode, and then invoked her constitutional right to refuse to answer lawmakers' questions. (   05/22/2013 1:11 PM )

  • Complaint accuses Exxon Mobil of anti-gay bias

    NEW YORK (AP) -- One after another, major U.S. corporations have updated anti-discrimination policies to protect gay, lesbian and transgender workers, drawing plaudits from gay-rights groups. There's one prominent exception: Exxon Mobil Corp. (   05/22/2013 1:11 PM )

  • John Reynders joins Moderna Therapeutics as chief information officer

    Moderna Therapeutics, a Cambridge company specializing in messenger RNA therapeutics as a way to create new drugs, said Wednesday that John Reynders will join Moderna in early July as its first chief information officer. Reynders joins Moderna from AstraZeneca, where he served as vice president of R&D information, and has held senior leadership positions over the past decade at Johnson & Johnson, Lilly, and Celera Genomics. At Moderna, Reynders will lead a team that seeks to create an information infrastructure critical to all aspects of the company's innovation model, including the use of genomic data in drug design. Messenger RNA therapeutics is a new drug modality that produces human proteins or antibodies inside patient cells. This platform addresses currently undruggable targets. (   05/22/2013 1:10 PM )

  • New Chevy Sonic is RS hatchback

    The newest Chevrolet Sonic is a peppy, stylish, versatile and good handling RS hatchback with standard turbo engine, leather-trimmed seats and smartphone infotainment link -- all for a starting price tag of less $21,000. (   05/22/2013 1:07 PM )

  • Team Nucleik wins Harvard President's Challenge for its software for law enforcement officials

    Nucleik, a student team that developed software to reduce paper work for law enforcement officials, is the grand prize winner of the Harvard University President's Challenge for social entrepreneurship, Harvard president Drew Faust said Wednesday in a statement. Faust developed the challenge last year to encourage university students to devise entrepreneurial solutions to some of the world's most important social problems. Nucleik will receive $70,000 to support its emerging business. The team is made up of Scott Crouch, Florian Mayr, and Matthew Polega, all Harvard College seniors. The system they developed "provides instantaneous access to accurate and organized data to help law enforcement officers tackle gang violence, murders, and violent crime," Harvard said. In the challenge's second year, 127 student-led teams entered the competition. (   05/22/2013 1:05 PM )

  • House committee passes Iran sanctions legislation

    WASHINGTON (AP) -- A new push to thwart Iran's nuclear ambitions by crippling the country's economy is gathering momentum on Capitol Hill. (   05/22/2013 1:02 PM )

  • Weak yen a help for Japan, but headache elsewhere

    TOKYO (AP) -- A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The cheaper yen is making their products more affordable overseas. (   05/22/2013 1:02 PM )

  • Judge: Hollister clothing unfriendly to disabled

    DENVER (AP) -- A federal judge in Denver is contemplating an injunction against Abercrombie & Fitch Co. and J.M. Hollister LLC after ruling earlier that nearly 250 of their clothing stores that cater to a hip, young clientele are unfriendly to the disabled. (   05/22/2013 12:57 PM )

  • Stocks rise on Fed stimulus hopes, home sales

    NEW YORK (AP) -- Stocks are moving higher Wednesday after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its economic stimulus programs. (   05/22/2013 12:56 PM )

  • Fox show brings messy workplaces to television

    NEW YORK (AP) -- This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week. (   05/22/2013 12:46 PM )

  • Stocks surge as Bernanke retains dovish tone

    LONDON (AP) -- Federal Reserve Chairman Ben Bernanke's signal that monetary policy will remain loose gave stocks another lift Wednesday, paving the way for many indexes to advance to new record highs. (   05/22/2013 12:30 PM )

  • North Korean leader sends special envoy to China

    PYONGYANG, North Korea (AP) -- After months of ignoring Chinese warnings to give up nuclear weapons, North Korean leader Kim Jong Un sent a high-level confidant to Beijing on Wednesday, in a possible effort to mend strained ties with his country's most important ally and a sign that he may be giving diplomacy a chance. (   05/22/2013 12:25 PM )

  • Others who took the 5th: McGwire, Abramoff, North

    WASHINGTON (AP) -- Lois Lerner of the IRS joins a diverse roll call of people who have invoked Fifth Amendment protections against self-incrimination in refusing to answer questions at congressional hearings over the years. (   05/22/2013 12:23 PM )

  • GOP questions IRS scrutiny of anti-abortion groups

    IOWA CITY, Iowa (AP) -- When a small anti-abortion group in Iowa sought nonprofit status, the Internal Revenue Service asked its board to promise not to organize protests outside Planned Parenthood and demanded to know how its prayer meetings and protest signs were educational. (   05/22/2013 12:14 PM )

  • Chinese premier visits Pakistan, praises ties

    ISLAMABAD (AP) -- China's premier signed economic agreements and praised Pakistan in glowing terms as he began a two-day visit Wednesday, underscoring the importance of the longstanding alliance to the two Asian powers. (   05/22/2013 12:13 PM )

  • Amid signs of turmoil, S Sudan says oil will flow

    JUBA, South Sudan (AP) -- Following a lengthy Cabinet meeting, South Sudan's government spokesman said Wednesday that the country will continue to export oil through Sudan and that there had been only a temporary slowdown in production. (   05/22/2013 12:11 PM )

  • Feds open special inspection into NC nuke plant

    RALEIGH, N.C. (AP) -- Federal regulators said Wednesday that they are conducting a special inspection of a nuclear power plant outside North Carolina's capital city that was forced to shut down last week after operators discovered corrosion and cracking in the reactor vessel's covering. (   05/22/2013 12:01 PM )

  • Kenya's truth report: Killings, land grabs, graft

    NAIROBI, Kenya (AP) -- Kenya's president received a long-awaited Truth Justice and Reconciliation Commission report that names the president and his deputy as being among those suspected of planning and financing Kenya's 2007-08 postelection violence in which more than 1,000 people died and 600,000 were evicted from their homes. (   05/22/2013 11:55 AM )

  • US opens inspection into shuttered nuke plant

    RALEIGH, North Carolina (AP) -- Federal regulators are launching a special inspection of a nuclear power plant outside North Carolina's capital city that was forced to shut down last week. (   05/22/2013 11:55 AM )

  • Germans, French eye plan to create jobs for young

    BERLIN (AP) -- Germany and France are preparing to launch a drive to combat the problem of high European youth unemployment, which officials in Berlin say will center on trying to get business involved and make better use of already-pledged public money. (   05/22/2013 11:48 AM )

  • Complaint accuses Exxon Mobil of anti-gay bias

    NEW YORK (AP) -- A gay-rights group has filed a legal complaint against the Exxon Mobil Corp., accusing it of anti-gay discrimination in handling job applications. (   05/22/2013 11:47 AM )

  • Stocks rise on Fed stimulus hopes, home sales

    NEW YORK (AP) -- Stocks are moving higher after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its massive economic stimulus programs. (   05/22/2013 11:47 AM )

  • Oil falls near $95 on small drop in supplies

    The price of oil fell near $95 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak. (   05/22/2013 11:42 AM )

  • Bernanke signals Fed to maintain stimulus efforts

    WASHINGTON (AP) -- Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs. (   05/22/2013 11:38 AM )

  • Labor board nominees advance

    WASHINGTON (AP) -- A Senate panel has endorsed President Barack Obama's slate of five nominees to sit on the National Labor Relations Board. Two of them advanced despite strong GOP opposition. (   05/22/2013 11:38 AM )

  • IMF calls on Britain to do more for growth

    LONDON (AP) -- The International Monetary Fund has called on Britain to do more to support the economic recovery, urging the government Wednesday to speed up investment in infrastructure and come up with a plan to privatize its bailed out banks. (   05/22/2013 11:33 AM )

  • EU leaders discuss fight against tax evasion

    BRUSSELS (AP) -- European Union leaders on Wednesday sought to advance their fight against tax fraud and close the loopholes for large corporations' tax avoidance schemes. (   05/22/2013 11:30 AM )

  • Know a good geek? Hubspot offers $30k bounty -- for referrals

    While many still look for work, good technical talent is still hard for many companies to recruit. Hubspot, a fast-growing Cambridge start-up with an eye on an IPO, has announced that it is upping its referral bonus to an incredible $30,000. (   05/22/2013 11:18 AM )

  • Iceland forms center-right govt, halts EU talks

    REYKJAVIK, Iceland (AP) -- The leader of the center-right Progressive Party was chosen as Iceland's new prime minister Wednesday and promptly announced a halt to talks with the European Union about joining the 27-nation bloc. (   05/22/2013 11:14 AM )

  • US auto factories cutting back on summer downtime

    DETROIT (AP) -- The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks. (   05/22/2013 11:14 AM )