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Report: HP nearing deal to buy EDS for $12B to $13B

Posted: 05/12/2008 - Personal computer and printer maker Hewlett-Packard reportedly is nearing a deal to buy information technology services provider Electronic Data Systems for between $12 billion and $13 billion.

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Apple: iPhone sold out online in US, UK

Posted: 05/12/2008 - Apple Inc. said Monday its online stores in the U.S. and U.K. are sold out of the iPhone, a sign supplies are being winnowed ahead of the launch of the device's next generation featuring faster Internet surfing speeds.

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In lean times, shoppers see extra fat in food bill

Posted: 05/12/2008 - Forced to pay for once-free sandwich toppings and twice as much for some steak cuts, shoppers are wondering whether higher grocery bills and restaurant tabs truly reflect the trickle down of a global rise in food prices.

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Deadly mob beating unnerves Cleveland neighborhood

Posted: 05/12/2008 - Even by tough, urban-crime standards it was a grisly attack: Up to 15 people chased a man, then kicked and beat him to death on the street. Before police arrived, one attacker urinated on the victim's head.

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Stocks advance as oil falls, dollar advances

Posted: 05/12/2008 - Wall Street rose sharply Monday as a rising dollar cooled some concerns about inflation and helped keep oil prices in check. The Dow Jones industrials at times gained more than 120 points.

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Marine Corps meets 142 percent of recruiting goal

Posted: 05/12/2008 - WASHINGTON (AP) -- The Marine Corps far surpassed its recruiting goal last month and could eventually be more than a year ahead of schedule in its plan to grow the force to 202,000 members.

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Agriculture futures mostly end lower on CBOT

Posted: 05/12/2008 - Agriculture futures traded mostly lower Monday on the Chicago Board of Trade. Wheat for July delivery added 1 cent to $8.055 a bushel; July corn fell 14.5 cents to $6.1475 a bushel; July oats lost 3 cents to $4.10 a bushel; July soybeans dropped 15.5 cents to $13.425 a bushel.

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Twister Hits Okla. Town, EPA Testing Air

Posted: 05/12/2008 - Tornadoes over the weekend kill 22 people, raising the toll for the year to a decade-worst 100 people dead nation-wide. One hits one of the country's most polluted Superfund sites.

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US Airlifts Aid to Myanmar, UN Presses Junta

Posted: 05/12/2008 - The first American relief supplies reach Myanmar as the the death toll rises to over 30,000, with another 30,000 still missing. UN Sec-General calls the military rulers' response "unacceptably slow"

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China Quake Death Toll Nears 9,000

Posted: 05/12/2008 - The Chinese government news agency, Xinhua, reports over 8,500 dead in Sichuan province and hundreds elsewhere in China after a 7.8-magnitude earthquake shakes central China.

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Potential Jurors Questioned In R. Kelly Trial

Posted: 05/12/2008 - Kelly remained pokerfaced Monday, appearing at times to scan the faces of the potential jurors and occasionally leaning over to speak with his lawyers.

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Wind Energy Expected To Grow Dramatically

Posted: 05/12/2008 - A government report to be released Monday said by 2030 wind energy could account for 300,000 megawatts of power, or about 20 percent of the total electricity generated.

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Death Toll In China Earthquake Rises To 8,533

Posted: 05/12/2008 - Chinese state media says more than 8,500 have died in Sichuan province alone from a massive earthquake. The official Xinhua News Agency said that another 10,000 people were believed hurt in one of the province's counties after the 7.8-magnitude quake on Monday.

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