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The key witness in the corruption trial of Virginia's former governor and his wife said his association with the couple was fraught with bad decisions — but an affair with the first lady was not one of them.
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World stocks extend slump on Wall Street sell-off

Kelvin Chan, Associated Press  |  posted 22 minutes ago
World stock markets sank on Friday, with European benchmarks opening sharply lower after Wall Street's sharp sell-off. Asian stock markets posted modest losses as strong reports on China's economy countered some of the pessimism.
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USDA overhauls 50 year-old poultry inspections

Mary Clare Jalonick, Associated Press  |  posted Aug 1st - 2:33am
The Obama administration is moving to cut down on the thousands of foodborne illnesses linked to chicken and turkey each year with an overhaul of poultry plant inspection rules that are more than 50 years old.
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House GOP divisions on border bill delay getaway

Donna Cassata, Associated Press  |  posted Aug 1st - 2:20am
House Republican leaders struggled to round up votes from recalcitrant conservatives for a bill dealing with the immigrant surge at the U.S.-Mexico border and head home for a five-week summer break boasting of acting to address the crisis.
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CIA director reverses himself on Senate spying

Ken Dilanian, Associated Press  |  posted Aug 1st - 1:41am
For months, CIA Director John Brennan stood firm in his insistence that the CIA had little to be ashamed of after searching the computers of the Senate Intelligence Committee. His defiant posture quickly collapsed after a devastating report by his own inspector general sided against the CIA on each key point of the dispute with the Senate.
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Global trade deal goes back to drawing board

The Associated Press  |  posted 22 minutes ago
The World Trade Organization began regrouping Friday to see whether it is still possible to finalize a major deal to boost global trade after a deadline passed to formally adopt it.
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Attorneys to open Georgia peanut salmonella trial

The Associated Press  |  posted 32 minutes ago
Attorneys are scheduled to make opening statements in the criminal trial of three people charged in a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.
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Lawmakers employ gimmicks to pay for highway funds

The Associated Press  |  posted Aug 1st - 2:50am
Congress is providing $11 billion to prevent a 28 percent reduction in federal highway and mass transit spending at the peak of the summer construction season. The Senate passed a House-written bill to augment federal gasoline and diesel fuel taxes for keeping the federal Highway Trust Fund solvent through next May. The bill raises the money through:
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Arizona State to set up business reporting bureau

The Associated Press  |  posted Aug 1st - 2:40am
The Walter Cronkite School of Journalism and Mass Communications at Arizona State University will use a grant from a Las Vegas-based foundation to launch a new business reporting bureau.
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For sale: A nearly nonexistent insurance agency

Jeff Horwitz, Associated Press  |  posted Aug 1st - 2:31am
One of the country's largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a $100 million insurance agency that doesn't appear to exist.
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Macau casino revenue falls for 2nd straight month

The Associated Press  |  posted Aug 1st - 2:01am
Casino revenue in the global gambling mecca of Macau fell for a second straight month in July as Chinese high rollers stayed away because of Beijing's corruption crackdown.
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Solid US job gains expected for 6th straight month

The Associated Press  |  posted Aug 1st - 2:01am
Analysts believe the latest employment numbers -- due out at 8:30 a.m. Eastern time -- will be another positive indicator that the economy continues to improve.
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NC Senate gives OK to state budget

Emery Dalesio, Associated Press  |  posted Aug 1st - 1:30am
Senate lawmakers passed a $21.1 billion budget early Friday which gives teachers raises and funnels $113 million to kindergarten and college classrooms statewide.
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Steelmaker ArcelorMittal sees US, Europe improving

The Associated Press  |  posted Aug 1st - 12:40am
ArcelorMittal, the world's largest steelmaker, says it swung to a profit in the second quarter on higher steel shipments and better margins, and it sees improving markets in the United States and Europe.
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Contract talks in Met Opera labor dispute extended

Verena Dobnik, Associated Press  |  posted Jul 31st - 11:00pm
It's a drama worthy of the Metropolitan Opera: Frantic, last-minute labor negotiations aimed at averting a lockout that threatens to stop both pay and benefits for thousands of singers, musicians, stagehands and other workers.
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