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NY Appeals Court Tosses 2 Convictions In Tax Case

Posted: 10:34 AM A New York federal appeals court has reversed the convictions of two former Ernst & Young partners. They were accused of defrauding the United States by selling illegal tax shelters to wealthy individuals.

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Boehner Says Dems Need to Propose Spending Cuts

Posted: 10:31 AM After meeting with Treasury Secretary Tim Geithner (GYT'-nur), House Speaker John Boehner says Democrats still haven't recommended cuts to government benefit programs as part of a deal to avoid the so-called fiscal cliff.

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Hostess to Seek Approval for Executive Bonuses

Posted: 8:45 AM Hostess Brands Inc. plans to ask for a judge's approval Thursday to give its top executives bonuses totaling up to $1.8 million as part of its wind-down plans.

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White House: Obama to Meet Romney Thursday

Posted: 8:48 AM The White House says President Barack Obama will meet privately Thursday with his vanquished rival Mitt Romney, their first face-to-face encounter since the election.

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Two Winning Powerball Tickets Sold in MO, AZ

Updated: 1:07 AM The richest Powerball jackpot ever - and the second-largest top prize in U.S. lottery history - has been won. The question now becomes: Who are the lucky winners waking up to new lives as multimillionaires?

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US Jails Could Handle Guantanamo Detainees

Posted: 5:31 PM Sen. Dianne Feinstein says a new government report shows the controversial detention facility at Guantanamo Bay, Cuba, could be closed and the detainees moved to the United States without harming national security.

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Family Learns of Student's Death on Facebook

Posted: 4:19 PM The parents of a south Georgia college student first learned from Facebook that their daughter had been found dead in a dormitory study room shortly before Thanksgiving. Now, they hope that Facebook and other social media sites can help solve the death of 17-year-old Jasmine Benjamin, which police are investigating as a homicide.

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Powerball Jackpot Boosted Again to $550M

Updated: 10:43 AM The record Powerball jackpot just keeps rising. It now stands at $550 million after officials say brisk sales keep driving up the payout amount.

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Study Finds Most Pork Contaminated With Yersinia Bacteria

Updated: 8:28 AM A new warning may have consumers thinking twice before eating pork chops. A sample of raw pork products from supermarkets around the United States found a dangerous bacteria present in the meats that put children most at risk.

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Tampa Socialite Fighting Back in Petraeus Scandal

Posted: 6:34 PM Lawyers for the Tampa socialite embroiled in the scandal that prompted CIA Director David Petraeus' resignation say she never tried to exploit her friendship with him.

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"Casablanca" Piano Up For Auction

Posted: 9:09 AM The piano used for the song "As Times Goes By" in the classic 1942 film "Casablanca" is getting another turn at fame.

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FDA Suspends Operations At Peanut Butter Plant

Posted: 8:39 AM The Food and Drug Administration is cracking down on a New Mexico peanut butter plant that had repeated food safety violations over several years, using a new authority to halt operations at facilities that may be producing unsafe food.

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