| Romney: Obama focused on 'character assassination' |
 The Nebraska billionaire who considered a plan to resurrect incendiary comments by President Barack Obama's former pastor shelved the idea Thursday after Obama and Republican presidential challenger Mitt Romney denounced the tactic.
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| Recall news |
| The following recalls have been announced: |
| Strong Wal-Mart profit trumps bribery probe concerns |
 (Reuters) - Wal-Mart Stores Inc's profit and sales surpassed expectations on Thursday as more people shopped at its established U.S. stores and spent more, pushing shares up 5 percent despite ongoing internal and government probes into possible bribery. Wal-Mart's shares jumped and briefly recovered all of the 8.2 percent plunge suffered after an April 21 New York Times report uncovered an alleged past bribery scheme in Mexico that the newspaper said Wal-Mart executives knew about. The first-quarter results, including a 10.1 percent jump in profit, showed that Wal-Mart's U.S. ...
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| Romney's April money suggests GOP rallying for him |
 Mitt Romney and his party raised $40 million in April.
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| AP Interview: Walker not afraid to lose recall |
 Wisconsin Gov. Scott Walker said Thursday he's not afraid to lose the historic recall election he faces in less than three weeks, but if he wins he intends to govern in a more inclusive, consensus-building way.
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| Facebook prices IPO at $38 per share |
| Facebook has priced its initial public offering of stock at $38 per share, at the high end of its expected range. It means investor demand is strong for the world's largest online social network. |
| Box Office Preview: Expect Avengers to win battle |
 Disney/Marvel's "The Avengers" should top the domestic box office for a third straight weekend, fending off wide-release newcomers with another $50 million in receipts.
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| Tale of the tape: Google versus Facebook |
| Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has provided Facebook Inc.'s social network with the means to pay for efforts to battle Google Inc.'s dominant search engine. |
| Phosphorous may have been on hot beach rocks in CA |
 Beach rocks that caused a California woman's shorts to catch fire and severely burn her legs and hands appeared to be coated with phosphorus, but it was unclear how the flammable chemical got onto the stones found near a military base, authorities said Thursday.
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| Moose on the loose triggers police chase in Utah |
| Utah wildlife officials say a moose went on a jaunt through neighborhoods north of Logan and triggered a police chase. |
| Spitting charge dropped against McDonald's worker |
| A South Carolina McDonald's worker has been cleared of a charge that he spit into two customers' cups of iced tea. |
| McNamee admits his Clemens story changed over time |
 In another grueling day of cross-examination that frustrated all sides, Roger Clemens' accuser put Jose Canseco's pool party on the wrong day of the week and switched years on Debbie Clemens' human growth hormone shot. Whether the jurors were still keeping track is another matter: They again expressed concern about the agonizingly slow pace of a perjury trial that still has weeks to go, and the judge opined that Clemens' lawyer was "confusing everybody."
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| Facebook sets richest tech IPO in motion |
 Facebook on Thursday announced a price of $38 per share for its record-setting initial public offering, which gives the leading social network a market value of $104 billion.
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| Gap 1Q net income flat, company raises guidance |
 Clothing seller Gap Inc. said Thursday that sales improved at its Old Navy, Gap and Banana Republic chains and online. But its first-quarter net income was unchanged from a year ago as rising costs offset those gains.
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| Billionaire tied to Wright ad blitz a rising force |
 The wealthy executive who considered and then dropped a proposal to revive controversy over the relationship between President Barack Obama and his former pastor is a rising conservative maverick with ties to the Chicago Cubs baseball team. He's also linked to a "super" political action committee that bankrolled an upset in Nebraska's recent Republican Senate primary.
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| JPMorgan CEO willing to appear before Senate panel |
| JPMorgan Chase CEO Jamie Dimon is willing to testify at a congressional hearing this spring on the bank's $2 billion trading loss. |
| Postal Service to close, consolidate 140 mail sites |
 WASHINGTON (Reuters) - The Postal Service will proceed with a plan this summer to shut mail-processing facilities as part of its cost-cutting effort but will spread out the closings to maintain overnight delivery of local mail. The agency said on Thursday it would consolidate processing at 140 of its 461 sites by February 2013, moving processing from small facilities to larger ones, and shrink the area where customers can expect mail to be delivered the next day. ...
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| US eases economic sanctions to reward Myanmar |
| President Barack Obama on Thursday declared a new chapter in U.S. relations with Myanmar, easing an investment ban and naming the first U.S. ambassador to the former pariah state in 22 years to reward it for democratic reforms. |
| Influential banjo player Doug Dillard passes away |
| Doug Dillard, an influential banjo player who helped shape rock 'n' roll and introduce the nation to bluegrass music during a popular run on "The Andy Griffith Show," has died. He was 75. |
| Judge drops conspiracy count in clergy-abuse trial |
| A Philadelphia judge has dropped one of four felony charges in the clergy-abuse trial of a Roman Catholic church official. |
| Panel: States approval of Internet gambling likely |
| The U.S. Congress is too badly divided to act on Internet gambling, so individual states will start approving it on their own within the next two years, panelists at a major casino conference predicted Thursday. |
| Closing arguments in John Edwards corruption trial |
 A prosecutor used John Edwards' own stump speech against him in closing arguments at his corruption trial Thursday, saying the presidential candidate violated campaign finance laws meant to protect "the two Americas" in order to cover up a lurid sex scandal.
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| NCAA transfer restrictions won't be easily lifted |
| The NCAA is examining transfer rules after a spate of high-profile cases that has critics saying too much power is in the hands of athletic directors and coaches. |
| 6 shot, 3 dead, in west Louisville neighborhood |
 Back-to-back shootings in a western Louisville neighborhood left three people dead and three wounded Thursday.
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| Syria's Assad: Nations that sow chaos will suffer |
 AMMAN (Reuters) - Syrian President Bashar al-Assad said on Wednesday that countries trying to "sow chaos" in Syria could be infected with it themselves, an apparent warning to Arab Gulf nations that back the insurgency aimed at forcing him from power. Assad's remarks, to a Russian TV channel, came after U.N. staff monitoring an increasingly shaky ceasefire were caught up in an attack that killed at least 21 people, and had to spend a night with rebel forces. ...
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| Justice: Prisons to step up anti-rape efforts |
| The Obama administration ordered federal, state and local officials Thursday to adopt zero tolerance for prison rape as it issued mandatory screening, enforcement and prevention regulations designed to reduce the number of inmates who suffer sexual victimization at the hands of other prisoners and prison staff. |
| US forecasters say heat will stay on this summer |
 And the heat goes on. Forecasters predict toasty temperatures will stretch through the summer in the U.S. And that's a bad sign for wildfires in the West.
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| Michigan boy finds finger piece in Arby's sandwich |
| A Michigan teen finishing off an Arby's roast beef sandwich chomped down on something tough that tasted like rubber, so he spit it out. |
| Men redefining 'manly' _ and not just for laughs |
 May, it turns out, is a manly month, and a funny one at that.
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| US stocks lose over 1% on Europe fears |
 US stocks piled up losses Thursday as negative news continued from Europe, with Greece's woes deepening and Spain falling into recession.
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| Minorities overtake whites in US births |
 For the first time ever, white births in the United States are no longer in the majority, according to US Census Bureau estimates Thursday that underscored the growth of the Hispanic population.
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| AP Photos: Glamour is ageless at Cannes |
 Jane Fonda gave the 65th Annual Cannes Film Festival one of its best looks on Thursday in a stretch, form-fitting, two-tone gown by Stella McCartney.
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| Afghanistan, detention issue divide lawmakers |
| Coalitions of House Democrats and tea partyers pushed to speed up President Barack Obama's withdrawal of U.S. troops from Afghanistan and end the indefinite detention of terrorist suspects, even American citizens, captured on U.S. soil. |
| Postal Service to begin closing plants this summer |
 The nearly bankrupt U.S. Postal Service is moving forward with a multibillion-dollar cost-cutting plan that will close nearly 250 mail processing centers, saying on Thursday it can no longer wait as Congress remains deadlocked over how to help.
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| Natural gas prices drop on rising supplies |
| Natural gas is no longer at decade lows, but the price remains sensitive to reports of any significant increase in supply. |
| Facebook IPO: Who is selling stock? |
| Facebook Inc. is selling 180 million of its shares in its initial public stock offering. Another 241. 2 million are coming from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg. |
| 'Game' star Pooch Hall not returning for season 6 |
 BET's hit series "The Game" has lost another star: Pooch Hall isn't returning for the show's sixth season.
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| Review: Facebook snapshot doesn't capture dynamics |
 In my five years on Facebook, I've shared a lot of photos, links and other tidbits about my life. I've commented on what my friends share, and I've endorsed plenty of their posts by hitting the "like" button. I've gained Facebook friends over the years, and I've lost some.
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| Facebook prices at top of range in landmark IPO |
 NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at $38 a share, giving the world's No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history. The offering puts the eight-year-old company, founded in a Harvard dorm room, a valuation akin to that of Amazon.com Inc, and exceeding that of Hewlett-Packard Co and Dell Inc combined. Predictions on how much the stock will rise on the first day of trading vary greatly, with some experts saying anything short of a 50 percent jump would be disappointing. ...
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| Spain beset by bank crisis, recession, bond pressure |
 MADRID (Reuters) - Spain's borrowing costs shot up at a bond auction on Thursday, after economic data confirmed the country is back in recession and a report of an outflow of deposits from nationalized Bankia hammered its share price. Madrid approved plans by the country's heavily-indebted autonomous regions to make budget cuts worth 18 billion euros this year, and a government source said Bankia would present a plan for its restructuring next week. At Thursday's auction, the Treasury had to pay around 5 percent to attract buyers of three- and four-year bonds. The latter sold with a yield of ...
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