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Major stock indexes crept higher on Friday as the market comes off a massive two-day rally spurred by the Federal Reserve's assurance that it was in no hurry to hike interest rates. The Standard & Poor's 500 index is on pace to close with its second-biggest weekly gain this year.
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Putin: Russia military modernization to go ahead

By Vladimir Isachenkov, Associated Press  |  posted Dec 19th - 12:22pm
Boasting about the Russian military's capability, President Vladimir Putin vowed Friday to continue an ambitious weapons modernization program with a particular emphasis on nuclear strategic forces.
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ASU signs final agreement to acquire Thunderbird school

The Associated Press  |  posted 24 minutes ago
Arizona State University officials have signed a final agreement to acquire the Thunderbird School of Global Management and expect to close the deal by Dec. 31.
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Obama: Keystone offers little benefit to consumers

The Associated Press  |  posted 24 minutes ago
President Barack Obama downplayed the benefits of building the Keystone XL pipeline from Canada. He said it would not lower gasoline prices and argued more jobs would be created by repairing America's infrastructure.
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Jerry Sandusky is denied $4,900-a-month pension

By Mark Scolforo, Associated Press  |  posted 25 minutes ago
Former Penn State assistant football coach Jerry Sandusky has lost a legal battle to restore his $4,900-a-month pension, a benefit that was canceled two years ago after he was sentenced for child molestation.
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Arctic offshore drill company enters guilty pleas

By Dan Joling, Associated Press  |  posted 35 minutes ago
A drilling company has pleaded guilty to committing environmental and maritime crimes in Alaska's Arctic.
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EPA sets first national standard for coal waste

By Dina Cappiello, Associated Press  |  posted 35 minutes ago
The Obama administration on Friday set the first national standards for waste generated from coal burned for electricity, treating it more like household garbage rather than a hazardous material.
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AstraZeneca cancer drug, companion test approved

By Linda A. Johnson, Associated Press  |  posted 45 minutes ago
U.S. regulators on Friday granted accelerated approval to the first in a new class of targeted drugs for ovarian cancer, Lynparza from British drugmaker AstraZeneca PLC.
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SIUE sending plants to space for research project

The Associated Press  |  posted 55 minutes ago
A research project conducted by members of a university in southwestern Illinois will be on board an upcoming NASA rocket launch.
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Obama willing to work with GOP on tax overhaul

The Associated Press  |  posted 55 minutes ago
President Barack Obama says he will try to undertake an overhaul of the tax system with the new Republican majorities in Congress. He says the "devil is in the details."
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Obama: Sony "made a mistake" in canceling Christmas release of film in face of NKorea threats

The Associated Press  |  posted Dec 19th - 12:10pm
Obama: Sony "made a mistake" in canceling Christmas release of film in face of NKorea threats .
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Hackers warn not to release 'The Interview' in any form

By Jake Coyle, Associated Press  |  posted Dec 19th - 12:02pm
Hackers sent a new email Friday to Sony Pictures Entertainment, gloating over the studio's "wise" decision to cancel the release of "The Interview" and warning not to distribute the film "in any form."
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Obama: US is making significant strides where it counts, beginning with the economy

The Associated Press  |  posted Dec 19th - 12:01pm
Obama: US is making significant strides where it counts, beginning with the economy.
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AP Interview: Killeen sees UI as economic asset

By David Mercer, Associated Press  |  posted Dec 19th - 12:00pm
Incoming University of Illinois President Timothy L. Killeen says he wants to build the school into a stronger economic asset to the state.
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NYC mayor finally supports 'Taxi of Tomorrow'

The Associated Press  |  posted Dec 19th - 12:00pm
New York City is finally moving ahead with a new generation of yellow taxis.
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