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Facebook reports European outage

Mar 7, 2012

LONDON (AP) — Facebook says that technical problems have made the site unavailable to some of its European users.

A statement released by the social networking site's London-based public relations agency says that the issue "has been resolved and everyone should now have access to Facebook."

The ...

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Statoil in talks to sell share in Iraq oil field

Mar 7, 2012

By SINAN SALAHEDDIN, Associated Press

BAGHDAD (AP) — Norwegian oil firm Statoil ASA is in talks to sell its share in one of Iraq's biggest oil fields to Russia's private oil giant Lukoil OAO, officials said on Wednesday.

If the talks go well, Statoil will be the first western oil company to ...

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EU: Hungary must answer more questions to get aid

Mar 7, 2012

By DON MELVIN, Associated Press

BRUSSELS (AP) — The European Union said Wednesday that Hungary has more questions to answer about its respect for democratic rights and freedoms before talks can begin on a possible financial assistance package.

In January, the European Commission, the EU's ...

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UK press regulator axed after hacking scandal

Mar 7, 2012

LONDON (AP) — Britain's press regulator, much criticized amid a scandal over tabloid phone hacking, has confirmed it is to be abolished and replaced with a new body.

The Press Complaints Commission said Thursday that it had appointed a "director of transition" to conduct the shutdown as quickly as ...

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German industrial orders drop in January

Mar 7, 2012

BERLIN (AP) — German industrial orders unexpectedly dropped 2.7 percent in January compared with the previous month due to an unusually low number of big-ticket orders and a sharp drop in demand from abroad, official data showed Wednesday.

Economists had predicted a small rise in orders following ...

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ECB to hold fire on rates, loans as crisis eases

Mar 7, 2012

By DAVID McHUGH, Associated Press

FRANKFURT, Germany (AP) — The European Central Bank will likely keep its interest rates and emergency credit programs on hold on Thursday, as it monitors the positive impact that its massive loans to banks have had on financial markets.

The ECB is credited with ...

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Obama urges shift to new energy technologies

Mar 7, 2012

By ANNE GEARAN, Associated Press

MOUNT HOLLY, N.C. (AP) — President Barack Obama on Wednesday made his most urgent appeal yet for the nation to wean itself from oil, calling it a "fuel of the past" and demanding that the United States broaden its approach to energy.

Mindful of the political ...

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Stocks close higher a day after big dive

Mar 7, 2012

By DANIEL WAGNER, Associated Press

The stock market reclaimed some losses from its biggest dive this year and returned Wednesday to its pattern of steady gains and stable trading. Reassuring reports on productivity and hiring overshadowed worries about the Greek debt crisis.

Stock indexes made ...

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More natural gas vehicles hitting the market

Mar 7, 2012

By DEE-ANN DURBIN, Associated Press

DETROIT (AP) — More natural gas-powered vehicles will hit the market soon, as rising gasoline prices, booming natural gas production and proposed tax credits make them a more attractive option. But they're a long way from being a common sight in U.S. driveways.

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Tens of thousands protest in South Africa

Mar 7, 2012

By DONNA BRYSON, Associated Press

JOHANNESBURG (AP) — Tens of thousands of South Africans marched peacefully through their main cities Wednesday to demand the governing African National Congress do more for the poor.

Police estimate 50,000 people marched in Johannesburg, South Africa's economic ...

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Journalist arrested in New Delhi bomb attack

Mar 7, 2012

By NIRMALA GEORGE, Associated Press

NEW DELHI (AP) — Police arrested an Indian journalist in connection with last month's bombing of an Israeli diplomatic vehicle in New Delhi, authorities said Wednesday, the first apparent breakthrough in an attack that Israel accused Iran of orchestrating.

The ...

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Stocks rebound but Greek debt worries remain

Mar 6, 2012

By SARAH DiLORENZO, Associated Press

PARIS (AP) — World stock markets cautiously rebounded Wednesday in a week that saw Europe's debt crisis return to center stage over concerns Greece would not attract enough investor support for a deal meant to head off a messy default.

Investors have also been ...

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Obama says nation needs changes in tax laws

Mar 6, 2012

By KEN THOMAS, Associated Press

WASHINGTON (AP) — President Barack Obama told business leaders Tuesday that the nation needs to reform its tax system to help boost the economy, saying the American people "instinctually understand" that the U.S. needs a more balanced approach to solve its economic ...

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Mulally earns $34.5 million from stock grant

Mar 6, 2012

By DEE-ANN DURBIN, Associated Press

DETROIT (AP) — Ford CEO Alan Mulally is $34.5 million richer after shares granted two years ago vested this week.

The payout is sure to be a sore subject among some Ford factory workers, who have cited Mulally's pay when they have voted against contract ...

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New iPad expected to have modest upgrades

Mar 6, 2012

By PETER SVENSSON, Associated Press

NEW YORK (AP) — Apple is expected to reveal a new iPad model on Wednesday, with a sharper screen and perhaps an option for faster wireless broadband. The upgrades are relatively minor, but the iPad is secure in its position as the king of tablets.

As usual,

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Q&A on administration's latest mortgage-aid plan

Mar 6, 2012

By DEREK KRAVITZ, Associated Press

WASHINGTON (AP) — The Obama administration is offering some relief to homeowners who have government-backed mortgages. Under a program President Barack Obama unveiled Tuesday, the government would cut the fees it charges to insure those borrowers.

The idea is ...

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Another station dumps Limbaugh over Fluke comments

Mar 6, 2012

PITTSFIELD, Mass. (AP) — A second radio station has dropped Rush Limbaugh's talk show in reaction to his derisive comments about a Georgetown law student advocating that birth control be covered by the Jesuit university's health care plan.

Radio station 1420 AM WBEC in Pittsfield, Mass., said ...

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Highway bill fails to clear hurdle in Senate

Mar 6, 2012

By JOAN LOWY, Associated Press

WASHINGTON (AP) — Lawmakers are under pressure to find a way to keep federal aid flowing to highway and transit programs beyond the end of this month after a transportation bill failed Tuesday to clear a procedural hurdle in the Senate.

The government's power to ...

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Android Market checks out, Google Play moves in

Mar 6, 2012

By MICHAEL LIEDTKE, Associated Press

SAN FRANCISCO (AP) — Google's digital marketplace for mobile applications, music, movies and books is unifying under a new name in an effort to spruce up the shopping experience.

Beginning Tuesday, the Android Market will be known as the Google Play Store.

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Gas stations running dry as Brazil truckers strike

Mar 6, 2012

By STAN LEHMAN, Associated Press

SAO PAULO (AP) — Sao Paulo's 2,000 gas stations are rapidly running out of fuel as a strike by truck drivers who haul gas in South America's largest city completed a second day, according to business representatives.

A state court judge ruled late Tuesday,

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