RSS Feeds

Another week of gains...Control towers to stay open...IRS apologizes for targeting tea partiers

Friday - 5/10/2013, 6:30pm  ET

NEW YORK (AP) -- The stock market is closing out its third straight week of gains. The Dow Jones industrial average rose 35 points to 15,118 today. The Dow is up 1 percent for the week and 15 percent so far this year. The Standard & Poor's 500 rose seven points today to 1,633, while the Nasdaq rose 27 points to 3,436.

WASHINGTON (AP) -- The Transportation Department says 149 control towers at small airports that were slated to close June 15 will remain -- open at least through September. Transportation Secretary Ray LaHood has determined there is enough extra money, under a bill passed by Congress last month, to keep the towers open through the end of the budget year. The towers are operated by contractors for the Federal Aviation Administration at low-traffic airports.

WASHINGTON (AP) -- The White House says it was inappropriate for the Internal Revenue Service to target tea party groups for additional reviews during last year's presidential election to see if they were violating their tax-exempt status. The IRS apologized today for targeting groups because they included the words "tea party" or "patriot" in their applications for tax-exempt status. The agency blames low-level employees and says no high-level officials were aware.

LAS VEGAS (AP) -- A new report shows 200 people who dined at one of Las Vegas' most popular restaurants about a block off the Strip have reported food poisoning symptoms, making it the largest outbreak southern Nevada health officials have seen in at least a decade. Sick patrons who dined at Firefly in late April hailed from 20 different states and two foreign countries, according to a report released today by the Southern Nevada Health District. There are likely many more cases that have gone unreported.

DETROIT (AP) -- U.S. auto safety regulators are investigating complaints that the low-beam headlights can go dark without warning on some Chevrolet Corvettes. The probe by the National Highway Traffic Safety Administration covers more than 103,000 Corvettes from the 2005 through 2007 model years. The agency says it has gotten 30 complaints from owners but no crashes or injuries have been reported.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.