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Captain of sunken South Korean ferry arrested

South Korean navy personnel try to install buoys to mark the sunken passenger ship Sewol in the water off the southern coast near Jindo, South Korea, Friday, April 18, 2014. Rescuers scrambled to find hundreds of ferry passengers still missing Friday and feared dead, as fresh questions emerged about whether quicker action by the captain of the doomed ship could have saved lives. (AP Photo/Yonhap) KOREA OUT MOKPO, South Korea (AP) — The captain of a sunken South Korean ferry was arrested Saturday on suspicion of negligence and abandoning people in need, as investigators looked into whether his evacuation order came too late to save lives. Two crew members were also arrested, a prosecutor said.


From Clinton to Obama, many parallels

Former President Bill Clinton speaks at the 25th Anniversary Rainforest Fund benefit concert at Carnegie Hall on Thursday, April 17, 2014 in New York. (Photo by Evan Agostini/Invision/AP) WASHINGTON (AP) — Thousands of pages of documents from President Bill Clinton's White House affirm a longtime adage: The more things change, the more they stay the same.


Mixed feelings for Garcia Marquez in hometown

A man reads a newspaper fronted with the news of the death of Nobel laureate Gabriel Garcia Marquez, in Aracataca, the town were he was born in Colombia's Caribbean coast, Friday, April 18, 2014. Garcia Marquez died in Mexico City on Thursday April 17. (AP Photo/Ricardo Mazalan) ARACATACA, Colombia (AP) — Gabriel Garcia Marquez and his homeland had a relationship as conflicted as any in the Nobel laureate's twisting and impassioned novels.


US puts off decision on Keystone XL pipeline

President Barack Obama speaks in the Rose Garden of the White House in Washington, Friday, April 18, 2014, where he presented the Commander-in-Chief's Trophy to the United States Naval Academy football team. The Obama administration is extending indefinitely the amount of time federal agencies have to review the Keystone XL pipeline, the State Department said Friday, likely punting the decision over the controversial oil pipeline past the midterm elections. (AP Photo/Jacquelyn Martin) WASHINGTON (AP) — The Obama administration is putting off its decision on the Keystone XL oil pipeline, likely until after the November elections, by extending its review of the controversial project indefinitely.


Teen suspended for asking Miss America to prom

YORK, Pa. (AP) — A Pennsylvania high school student is in hot water for asking Miss America to prom during a question and answer session at school.

Magnitude-7.2 earthquake shakes Mexican capital

People stand along a street after evacuating a hospital following an earthquake in Puebla The U.S. Geological Survey said the quake was centered northwest of the Pacific resort of Acapulco, where many Mexicans are vacationing for the Easter holiday.


California farmers to get more water

Cattle graze in the Sites Valley, the location of a proposed reservoir, near Maxwell, Calif. Democratic Rep. John Garamendi and Republican Rep. Doug LaMalfa have proposed legislation for a federal study of the costs of building the Sites Reservoir in the valley that is about an hour's drive north of Sacramento. California's drought has sparked a new push by federal lawmakers to create or expand a handful of reservoirs around the state.(AP Photo/Rich Pedroncelli) Allotments increased from zero to 5 percent of what districts have requested.


The rise of leveraged loans

Collateralized loan obligations are not inherently bad investments. But demand for yield has led to a reduction in the quality of loans behind them, and the result may be rather ugly.

The rise of leveraged loans

Collateralized loan obligations are not inherently bad investments. But demand for yield has led to a reduction in the quality of loans behind them, and the result may be rather ugly.

Support pours in for man who avoided jail due to clerical error

In this photo provided by attorney Patrick Megaro is his client, Cornealious “Mike” Anderson, with a birthday cake. Anderson, who avoided prison because of a clerical error and led a law-abiding life for 13 years, said he is overwhelmed by the support he's received since the story of his incarceration became public. Meanwhile, the Missouri attorney general signaled that he would look for a way to take Anderson's many years of clean living into account in attempting to resolve the "difficult situation." (AP Photo/Courtesy Patrick Megaro) ST. LOUIS (AP) — A Missouri man who avoided prison because of a clerical error and led a law-abiding life for 13 years said he is overwhelmed by the support he's received since the story of his incarceration became public.


APNewsBreak: Vengeful note left in 2 boys' murder

FILE - This file photo released by the Connecticut State Police Feb. 26, 2013, during an Amber Alert shows Alton Perry, left, 2, and Ashton Perry, right, 6 months old, who were taken from their daycare by their grandmother. Debra Denison, 47, who shot and killed her two young grandsons before committing suicide last year left a note to the boys' parents saying they did not deserve to have the children. The letter described in a police report suggests a vengeful motive for the shootings by Denison. The report was obtained by The Associated Press through a Freedom of Information request. (AP Photo/Connecticut State Police, File) HARTFORD, Conn. (AP) — A woman who shot and killed her two young grandsons before committing suicide last year left a note to the boys' parents saying they did not deserve to have the children, according to a police report.


South Korean media reports ferry captain's arrest

Rescue workers carry the body of a passenger aboard The Sewol ferry which sank in the water off the southern coast, at a port in Jindo, South Korea, Friday, April 18, 2014. Fresh questions arose about whether quicker action by the captain of a doomed ferry could have saved lives, even as rescuers scrambled to find hundreds of passengers still missing Friday and feared dead. (AP Photo/Yonhap) KOREA OUT A team of police and prosecutors had sought on Friday arrest warrants for Lee Joon-Seok, 52, and two of his crew without specifying charges, the coastguard had said, after the incident that left 28 people confirmed dead and another 268 still missing. On Saturday the Yonhap news agency reported that Lee was in custody and faced five charges, including negligence of duty and violation of maritime law.


State Dept. delays review of Keystone pipeline

A TransCanada Keystone Pipeline pump station operates outside Steele City, Nebraska Move could push decision about controversial oil pipeline until after midterm elections.


SpaceX launches long overdue supplies to space station

FILE - This Jan. 12, 2013 photo provided by NASA shows the SpaceX Dragon vehicle inside a processing hangar at Cape Canaveral Air Force Station in Cape Canaveral, Fla. SpaceX has scheduled another launch attempt Friday, April 18, 2014 to the International Space Station. NASA confirmed the launch date Wednesday, April 16, 2014, two days after a last-minute rocket leak delayed the delivery mission. Stormy weather, however, is forecast Friday. Saturday is the backup launch date. (AP Photo/NASA, Kim Shiflett) CAPE CANAVERAL, Fla. (AP) — The SpaceX company returned to orbit Friday, launching fresh supplies to the International Space Station after more than a month's delay.


Anxious About the Mortgage Process? Start Here

Yes, getting a mortgage takes work. It's not impossible (if your credit's good).

AP PHOTOS: Marking Jesus' journey on Good Friday

Indian Christian devotees re-enact the crucifixion of Jesus Christ to mark Good Friday in Mumbai, India, Friday, April 18, 2014. (AP Photo/Rajanish Kakade) Around the world, Christians are coming together in observance of Good Friday, which they believe was the day Jesus was crucified.


Diplomacy doesn't move insurgents in Ukraine

A masked pro-Russian activist guard looks through a window of the regional administration building seized earlier in Donetsk, Ukraine, Friday, April 18, 2014. Pro-Russian insurgents in Ukraine’s east who have been occupying government buildings in more than 10 cities said Friday they will only leave them if the interim government in Kiev resigns.(AP Photo/Sergei Grits) DONETSK, Ukraine (AP) — Pro-Russian insurgents defiantly refused Friday to surrender their weapons or give up government buildings in eastern Ukraine, despite a diplomatic accord reached in Geneva and overtures from the government in Kiev.


Clock ticks for states to start health exchanges

Michelle Decker, left, an employee of Connect For Health Colorado, the state's health care exchange, explains options and procedures to Virginia and Jose Sotelo, who signed up for insurance on the last day before fines are imposed, in Denver, Monday, March. 31, 2014. Colorado has already exceeded baseline federal goals for enrollment. As of last week, 106,000 Coloradans had signed up for private insurance since the exchange opened in October. Another 151,000 had enrolled in Medicaid. (AP Photo/Brennan Linsley) Chance for hundreds of millions in aid is set is to expire, but issue remains election-year risk.


Lenders Begin Closing in on Reverse Mortgage for Purchase Texas Potential

Austin, TX -- (http://www.myprgenie.com) -- Since the reverse mortgage for purchase was approved by Texas voters in November and lenders began originating it earlier this year, the first lenders are reporting ...

Some countries get Obama, but want his wife, too

FILE - This March 23, 2014 file photo shows first lady Michelle Obama walking with her daughters Malia, left, and Sasha, right, as they visit the Mutianyu section of the Great Wall of China in Beijing. When President Barack Obama travels abroad, getting just the leader of the free world doesn’t seem to be enough. Countries want the first lady, too. But Michelle Obama won’t join her husband when he heads to Asia next week and her absence is likely to sting, especially in Japan. It’s the first of four countries on Obama’s travel schedule and the only one welcoming him on an official state visit. (AP Photo/Andy Wong, File) WASHINGTON (AP) — When President Barack Obama travels abroad, sometimes it's not enough for just the leader of the free world to show up. People in other countries want the first lady, too.


Public skepticism surges in Nigeria after false military report

FILE- In this Thursday, May, 30 2013 file photo, Brig. Gen. Chris Olukolade, Nigeria's top military spokesman speaks during an interview in Abuja, Nigeria, The fate of 115 female students abducted by Islamic extremists was thrown into uncertainty Thursday, April 17, 2014 when their school principal denied the Nigerian military's report that almost all the pupils had been freed. The principal directly contradicted Maj. Gen. Chris Olukolade, the Defense Ministry spokesman. (AP Photo/Jon Gambrell, File) As he waited outside a hospital on Wednesday for the body of one of his friends to be released for burial, Basiru Youseff, a young toy salesman, was bitter about government claims that they crushing the insurgency. Violence in Nigeria reached new heights this week, with the biggest attack on the capital in the city’s history, gun battles in the countryside, and the abduction of at least 129 girls from their schoolhouse by militants.  It is not known who perpetrated these attacks, though Boko Haram insurgents are widely blamed. While the military may make such comments in an effort to keep up morale, it feeds public frustration with a military that seems incapable of stemming what appears to be a widening conflict. “The skepticism in the public mind is increasing, perhaps even about the government’s culpability with the security concerns that Nigerians have,” says Clement Nwankwo, who heads the Policy and Legal Advocacy Center in Abuja.


Multiple payday loan borrowing is 'widespread'

Half of new customers rolled over their first loan or borrowed more within 30 days, the Competition Commission finds Around half of payday loan customers either roll their debt over or take on further borrowing within 30 days, while more than a third repay their debt late, according to research by the Competition Commission. The short-term loan sector, which is worth more than £2bn a year, was ...

12 killed, 3 missing in Everest avalanche

FILE - In this May 18, 2013 file photo released by mountain guide Adrian Ballinger of Alpenglow Expeditions, climbers make their way to the summit of Mount Everest, in the Khumbu region of the Nepal Himalayas. An avalanche swept down a climbing route on Mount Everest early Friday, April 18, killing at least 12 Nepalese guides and leaving three missing in the deadliest disaster on the world's highest peak. (AP Photo/Alpenglow Expeditions, Adrian Ballinger, File) MANDATORY CREDIT, EDITORIAL USE ONLY All the victims are Nepalese guides in the worst disaster on the world's highest peak.


Captain wasn’t at helm when ferry capsized

Coast Guard and Navy divers search for the missing passengers from a capsized ferry at sea some 20 kilometres off the island of Byungpoong in Jindo on April 17, 2014 Investigators say the third officer was in command at the time of the deadly accident.


Emotions, questions mount as S. Korea ferry rescue efforts continue

Warrant Issued for Captain of Sunken Ferry, and More As rescuers struggled to find some 270 people still missing and feared dead, officials say the investigation into South Korea's ferry disaster is focusing on the sharp turn it took just before it began listing and whether a quicker evacuation order could have saved lives.


Fender Stratocaster turns 60

Fender Stratocaster turns 60 An original 1954 Fender Stratocaster head stock, left, is shown next to a 2014 model, Friday, Jan. 10, 2014 at a studio in Scottsdale, Ariz. April 2014 marks the 60th anniversary of the very first Stratocaster ever sold. (AP Photo/Matt York)

Stonegate Mortgage Corporation to Report First-Quarter 2014 Results

Stonegate Mortgage Corporation will issue a press release to report its results for the first quarter ended March 31, 2014 before the market opens on Thursday, May 15, 2014.

4 Credit Card Perks That Protect Your Purchases

Credit cards may be called out for causing overspending and large amounts of debt, especially during the holiday and summer seasons when gift shopping and travel are at their peaks. But some complimentary credit card benefits can actually end up saving you money. Extended warranties promise to cover a purchase beyond its standard manufacturer warranty. Unfortunately, extended warranties tend to ...

Why Are Credit Scores So Confusing?

If credit scores confuse you, you're hardly the only one to feel that way. Even many lenders think they're hard for consumers to understand.

Sainsbury’s too inflexible over car loan

David Whitmore applied for a loan from Sainsbury's Bank after seeing its headline rate, but was unexpectedly turned down. Our consumer expert finds out why

Old-timey car pitched to replace NYC's horse-drawn carriages

A prototype of an electric carriage is displayed at the New York International Auto Show in New York, Thursday, April 17, 2014. A prototype of the old-timey electric cars that Mayor Bill de Blasio would like to take the place of horse-drawn carriages on New York City streets will be unveiled at the New York Auto Show on Thursday. (AP Photo/Seth Wenig) An electric car that proponents hope will replace horse-drawn carriages in New York City was presented Thursday at the New York International Auto Show, as critics expressed their distaste for the idea. ...


Obama shows skepticism on Russia in Ukraine

WASHINGTON (AP) — President Barack Obama conveyed skepticism Thursday about Russian promises to de-escalate a volatile situation in Ukraine, and said the United State and its allies are ready to impose fresh sanctions if Moscow doesn't make good on its commitments.

Who gained, and what, at Ukraine talks

U.S. Secretary of State John Kerry, left, shakes hands with Russian Foreign Minister Sergey Lavrov before a bilateral meeting to discuss the ongoing situation in Ukraine as diplomats from the U.S., Ukraine, Russia and the European Union gather for discussions in Geneva Thursday, April 17, 2014. Ukraine is hoping to placate Russia and calm hostilities with its neighbor even as the U.S. prepares a new round of sanctions to punish Moscow for what it regards as fomenting unrest. (AP Photo) Ukraine, Russia, the U.S. and EU each achieved initial satisfaction on some issues in Geneva talks.


Wikipedia beats Google in helping researchers track flu season

A flu vaccine rests on a table with a bandage during the Flu + You clinic sponsored by the National Council on Aging and Sanofi Pasteur on Friday, September, 6, 2013 at the Williams YMCA in Jacksonville, Fl. The goal of the Flu + You program is to educate older adults about influenza and prevention as well as provide vaccines. (Rick Wilson/AP Images for Flu + You) By monitoring the number of times people look for flu information on Wikipedia, researchers may be better able to estimate the severity of a flu season, according to a new study. Researchers created a new data-analysis system that looks at visits to Wikipedia articles, and found the system was able to estimate flu levels in the United States up to two weeks sooner than the flu data from the Centers for Disease Control and Prevention were released. The new system examined visits to Wikipedia articles that included terms related to flulike illnesses, whereas Google Flu Trends looks at searches typed into Google. The research team wanted to use a database that is accessible to everyone and create a system that could be more accurate than Google Flu Trends, which has flaws.


Nigerians search dangerous forest for 100 abducted girls

Security men stand guard in front of a bus conveying All progressives Congress opposition governors after visiting victims of at the Accident and Emergency unit of Asokoro hospital where injured people from Monday's explosion at a bus station are receiving treatment in Abuja, Nigeria, Wednesday, April 16, 2014. Scores of peopledied in the the blast that destroyed more than 30 vehicles and caused secondary explosions as their fuel tanks exploded and burned. The Monday attack just miles from Nigeria's seat of government increases doubts about the military's ability to contain an Islamic uprising that is dividing the country on religious lines as never before. (AP Photo/ Sunday Alamba) MAIDUGURI, Nigeria (AP) — Able-bodied men from the Nigerian town of Chibok have taken to the dangerous Sambisa Forest to search for more than 100 abducted girls and young women whom the military claimed to have freed from their Islamic extremist kidnappers, an education official said Thursday.


Fitch Affirms GoldenTree Loan Opportunities VII, Limited at 'AAAsf'

Fitch Ratings has affirmed the class A notes issued by GoldenTree Loan Opportunities VII, Limited at 'AAAsf'. The Rating Outlook remains Stable.

Credit Suisse Downgrades Environmental Services Space

In a report published Thursday, Credit Suisse analyst Hamzah Mazari downgraded the Environmental Services space from Market Weight to Underweight. Mazari expects waste pricing levels to fall below three ...

How Lomana LuaLua Changed The Premier League Loan System

The loan system is one of the more curious topics of debate in English football this season. Clubs have loaned players for decades yet, suddenly, it has emerged as one of the ills of the game and is a particularly sore topic of conversation for Arsenal manager Arsène Wenger . Wenger wanted to sign Demba Ba on loan from Chelsea, but they refused. When Everton requested Romelu Lukaku on loan, they ...

Mortgage lending increase highest in a decade

Lending rises by almost 40 per cent year-on-year to £46 billon in continuing evidence the housing market is growing

Mortgage rates fall to 6-week low

Average mortgage rates declined for a second consecutive week, pushing them down to a six-week low.
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