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Stocks recover...Winners still silent...More TV ads coming

By The Associated Press | Posted - Jan. 14, 2016 at 1:01 p.m.



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NEW YORK (AP) — Stocks have recovered this afternoon from an early slide -- as the price of crude oil regains some lost ground. The Dow industrials have been more than 250 points higher in afternoon trading. Yesterday, the market posted its worst drop since September. Energy companies are leading the way today, with Exxon Mobil and Chevron each jumping about five percent.

MUNFORD, Tenn. (AP) — Still no word on who holds the three winning tickets from last night's Powerball drawing -- but a spokesman for the California lottery says it makes sense to wait before coming forward. He says a windfall like this is the start of a "new journey" -- and that the winners should line up lawyers, accountants and financial planners first. A California 7-Eleven sold one of the three winners in the $1.6 billion drawing. The other two were sold in Florida and Tennessee.

WASHINGTON (AP) — TV viewers in the early voting states of Iowa and New Hampshire can expect to be pelted with more campaign ads during popular game shows and sitcoms. Today, for the first time, candidates, super-PACs and so-called "dark money groups" surpassed the $100 million mark for spending on broadcast television spots on an election. And they're planning to spend tens of millions more over the next several weeks.

PORTLAND, Ore. (AP) — Officials with the Oregon county where an armed group is occupying a national wildlife refuge have told the group they can't use county facilities to hold a community meeting. The armed men plan to hold a meeting tomorrow in Burns to explain themselves and inform residents when they will leave. The Oregonian reports that officials in Burns, about 30 miles from the refuge, said the meeting can't be held at the Harney County fairgrounds or any other county facility. Organizers of the community meeting have said it will go on even if the county does not provide a location.

ATLANTA (AP) — A judge in Atlanta has denied bond for a 24-year-old woman accused of robbing jewelry stores across the South. Federal Magistrate Judge Linda Walker said today that there's a risk Abigail Kemp would flee or be a danger to the community if released. Federal prosecutors have accused Kemp and Lewis Jones of teaming up to rob half a dozen jewelry stores in Georgia, Florida, Tennessee and the Carolinas. The two were arrested Friday at an apartment in Smyrna, an Atlanta suburb.

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The Associated Press

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