LOS ANGELES (AP) - Microsoft booked an $8.4 billion charge in the fourth quarter, swallowing a bitter pill by writing off the Nokia phone business it bought just over a year ago. It narrowly beat analysts' depressed expectations for a quarter that also saw a steep decline in personal computer sales even as it prepares to launch its latest operating system, Windows 10.
NEW YORK (AP) - The head of the Federal Communications Commission has recommended approving AT&T's $48.5 billion purchase of DirecTV. The deal would create the country's largest provider of cable or satellite TV.
WASHINGTON (AP) - Urged on by anguished testimony from the father of a murder victim, Congress plunged into a heated debate over immigration on Tuesday as GOP lawmakers vowed to shut down funding for so-called sanctuary cities like San Francisco that shield immigrants from deportation by federal authorities.
HONOLULU (AP) - A man was arrested in Hawaii for allegedly arranging to buy six pairs of military-grade night-vision goggles from an undercover federal agent and trying to export them to China, court documents show.
DENVER (AP) - The time has come for jurors to hear whether James Holmes should be executed for killing 12 people in a Colorado movie theater. But even if they choose death, Holmes could spend the rest of his life in prison awaiting capital punishment that never happens.
CHICAGO (AP) - A federal appeals court Tuesday overturned some of the most sensational convictions that sent former Illinois Gov. Rod Blagojevich off to a lengthy stint in prison, ruling that the Democrat did not break the law when he sought to secure a Cabinet position in President Barack Obama's administration in exchange for appointing an Obama adviser to the president's former U.S. Senate seat.
DESERT CENTER (AP) - The interstate bridge that washed out in the desert between Los Angeles and Phoenix easily withstood its daily load of thousands of cars and trucks, but the pounding of a powerful flash flood scoured away the land where the bridge was anchored, officials said Monday.
VICTORVILLE (AP) - Authorities say an 8-year-old child was seriously injured when an SUV carrying seven people careened off a Southern California freeway and into a car dealership, damaging a dozen other vehicles.
WASHINGTON (AP) - Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.