Business Top Stories from Associated Press (AP)
Summary: The latest complete top ten Business news stories from the Associated Press (AP) brought to you by NewsworthyAudio.com. Each story is a separate 'episode' and converted to audio using NewsworthyAudio.com's "Professional Text-to-Speech" technology. This Podcast is updated with the latest stories every hour. iTunes users should set 'Keep Last 10 episodes' in their Podcast Preferences. Visit www.NewsworthyAudio.com and register for a free trial of the NewsworthyAudio.com personal audio newspaper. NewsworthyAudio is a registered trademark of Newsworthy.
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WASHINGTON (AP) , President Barack Obama said Thursday the nation's military leaders told him they are "ashamed" of their failure to end sexual abuse in the armed services. Obama pledged to "leave no stone unturned" in the effort to halt the abuse, which he said undermines the trust the military needs to be effective.
WASHINGTON (AP) , Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing. Mortgage buyer Freddie Mac said Thursday that the average rate for the 30-year loan increased to 3.51 percent from 3.42 percent last week.
ORCHARD PARK, N.Y. (AP) , Doug Whaley was promoted to take over as Buffalo Bills general manager, making the team's near top-to-bottom offseason overhaul complete. The much-anticipated decision to elevate Whaley from his position as assistant GM was announced Thursday, three days after Buddy Nix stepped down as GM.
BAGHDAD (AP) , The first exiles from an Iranian opposition group have moved to Albania from a camp near Baghdad as part of a relocation process, the United Nations said Thursday, a step toward defusing an explosive dispute left over from the Iran-Iraq war of the 1980s and the U.S.-led ousting of the regime of Saddam Hussein.
WASHINGTON (AP) , Acting Internal Revenue Service Commissioner Steven T. Miller repeatedly failed to tell Congress that tea party groups were being inappropriately targeted, even after he had been briefed on the matter.
NEW YORK (AP) , Fox, facing the ebbing ratings power of "American Idol," is betting big on its first miniseries showcase starting with a limited-edition "24," and shows from heavyweight producers Seth MacFarlane and J.J. Abrams to invigorate its schedule.
NEW YORK (AP) , Some of the world's largest retailers have agreed to a first-of-its-kind pact to improve safety at some of Bangladesh's garment factories following a building collapse that killed more than 1,100 workers in the country last month.
CHICAGO (AP) , The Chicago Cubs have viewed Anthony Rizzo as a part of their future since they acquired him. Now he's locked in. The slugging first baseman and the Cubs agreed Monday to a $41 million, seven-year contract that could be worth up to $68 million over nine seasons.
WASHINGTON (AP) , A subsidiary of India's largest pharmaceutical company has agreed to pay a record $500 million in fines and penalties for selling adulterated drugs and lying to federal regulators in a case that is part of an ongoing crackdown on the quality of generic drugs flowing into the U.S.
DETROIT (AP) , The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money , a financial meltdown that could mean employees don't get paid, retirees lose their pensions and residents endure even deeper cuts in municipal services.
LOS ANGELES (AP) , Financial data and news company Bloomberg LP says it has corrected a "mistake" in its newsgathering policies and cut off its journalists' special access to client log-in activity on the company's ubiquitous trading information terminals after Goldman Sachs complained about the matter last month.
ISLAMABAD (AP) , Despite a bloody campaign marred by Taliban attacks, Pakistan was holding historic elections Saturday pitting a former cricket star against a two-time prime minister once exiled by the army and an incumbent blamed for power blackouts and inflation.
GUATEMALA CITY (AP) , In 1999: Guatemalan non-governmental organization Association for Justice and Reconciliation files a complaint against army officials, including former Gen. Efrain Rios Montt, saying they're responsible for killings of thousands of Ixil Mayans during country's 36-year civil war. Victims try for years without success to get courts to act against military officers.
WASHINGTON (AP) , A fundraising push by Health and Human Services Secretary Kathleen Sebelius is drawing criticism from a key Senate Republican who questions whether she has a conflict of interest. ...
GUATEMALA CITY (AP) , Efrain Rios Montt ruled as Guatemala's dictator, served as president of Congress, preached as an evangelical pastor and now, at 86, has become the first Latin American strongman to stand trial and be convicted on genocide charges in his own country.