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President Barack Obama and first lady Michelle Obama watch as singer-songwriter Carole King performs after being presented the Library of Congress Gershwin Prize for Popular Song during an East Room concert honoring King Wednesday, May 22, 2013, at the White House in Washington. (AP Photo/Jacquelyn Martin)

Between economy and trouble, Obama approval steady

The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way. He's getting no significant uptick in approval from gains in housing, jobs and the stock market. Likewise, he has so far seen no downtick from the recent storms over ...

FILE - In this Tuesday, Sept. 12, 2006, file photo, Leslie Moonves, left, president and chief executive officer of CBS, talks with PBS host Charlie Rose in Beverly Hills, Calif.Making $60.3 million in 2012, Moonves was the highest paid CEO of 2012. (AP Photo/Reed Saxon)

Top 50 highest-paid CEOs

A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar. 1. Leslie Moonves, CBS, $60.3 million, down 12 percent 2. David Zaslav, Discovery Communications, $49.9 million, down 5 percent 3. Bob Iger, Disney, $37.1 million, up 18 percent 4. Philippe Dauman, Viacom, $33.4 ...

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, May 22, 2013, before the Joint Economic Committee hearing on "The Economic Outlook" .  Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.  (AP Photo/Manuel Balce Ceneta)

Bernanke signals Fed to maintain stimulus efforts

Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the Fed's efforts to keep borrowing rates low would "carry a substantial risk of slowing or ending the economic recovery," ...

This undated publicity image released by Fox shows employees of Velocity Merchant Services (VMS) in Downers Grove, Ill., in a scene from the reality workplace series, "Does Someone Have to Go?" The network will begin airing a nonfiction show where employees of small businesses are compelled to rat out underperforming colleagues and put their jobs at risk. The series premieres Thursday, May 23 at 8 p.m. EST on Fox. (AP Photo/Fox

Fox show brings messy workplaces to television

This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week. The network on Thursday will begin airing "Does Someone Have to Go?" a series where cameras go into small businesses and employees ...

Fox show brings messy workplaces to television

This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week. The network on Thursday will begin airing "Does Someone Have to Go?" a series where cameras go into small businesses and employees ...

This undated publicity image released by Fox shows employees of Velocity Merchant Services (VMS) in Downers Grove, Ill., in a scene from the reality workplace series, "Does Someone Have to Go?" The network will begin airing a nonfiction show where employees of small businesses are compelled to rat out underperforming colleagues and put their jobs at risk. The series premieres Thursday, May 23 at 8 p.m. EST on Fox. (AP Photo/Fox

Fox show brings messy workplaces to television

This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week. The network on Thursday will begin airing "Does Someone Have to Go?" a series where cameras go into small businesses and employees ...

In this Wednesday, Sept. 12, 2012 photo, Apple CEO Tim Cook speaks during an introduction of the new iPhone 5 in San Francisco. Cook is scheduled to testify on Capitol Hill Tuesday May 21, 2013, to explain the company’s tax strategy, which a Senate subcommittee says lets it avoid paying billions of dollars in taxes. (AP Photo/Eric Risberg, File)

Apple case seen as possible spur to tax action

Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law. At a hearing ...

AP News in Brief at 5:58 a.m. EDT

Grappling with loss and uncertain future, Okla. residents return to area devastated by tornado MOORE, Okla. (AP) — With her son holding her elbow, Colleen Arvin walked up her driveway to what was left of her house for 40 years. It was the 83-year-old grandmother's first time back at her ...

FILE - In this Sept. 9, 2012, file photo, Serena Williams reacts after beating Victoria Azarenka, of Belarus, in the championship match at the 2012 US Open tennis tournament in New York. The U.S. Open tennis tournament will leave CBS after nearly a half-century and move all TV coverage to cable starting in 2015 under an 11-year contract with ESPN, the U.S. Tennis Association and ESPN, announced Thursday, May 16, 2013. (AP Photo/Charles Krupa, File)

ESPN cutting workforce, 'smartly managing costs'

ESPN is cutting its workforce, the latest Disney division to reduce staff. "We are implementing changes across the company to enhance our continued growth while smartly managing costs," the sports media giant said in a statement Tuesday. "While difficult, we are confident that it will make us more competitive, innovative ...

ESPN cutting workforce, 'smartly managing costs'

ESPN is cutting its workforce, the latest Disney division to reduce staff. "We are implementing changes across the company to enhance our continued growth while smartly managing costs," the sports media giant said in a statement Tuesday. "While difficult, we are confident that it will make us more competitive, innovative ...

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