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Conn. Commuter Trains Collide; 60 Go to Hospital

Conn. Commuter Trains Collide; 60 Go to Hospital

Two commuter trains serving New York City collided in Connecticut during Friday's evening rush hour, injuring about 50 people, authorities said. There were no reports of fatalities. (May 17)

Luna Rossa Challenge owner Patrizio Bertelli, left, calls for new safety measures as his captain, Max Sirena, right, listens during a news conference at the America's Cup team's base Friday, May 17, 2013, in Alameda Calif. The owner of the Italian entry in the America's Cup says his boat will compete this summer, but sought new safety measures after the death of a sailor on a training run last week. Bertelli announced at a press conference at his team's Alameda headquarters Friday that he wanted races canceled if winds on the San Francisco Bay were deemed too dangerous. (AP Photo/Eric Risberg)

Italians to race in America's Cup but want changes

The owner of the Italian entry in the America's Cup said Friday his boat will compete in this summer's races after all, but he suggested a new precaution. Speculation has swirled over whether Luna Rossa Challenge would pull out of sailing's most prestigious event after a sailor on another crew ...

Officials: Approximately 50 people injured in Conn. train collision, 4 with serious injuries

Officials: Approximately 50 people injured in Conn. train collision, 4 with serious injuries.

Coffee Run Leads to Hatchet Hitchhiker Arrest

Coffee Run Leads to Hatchet Hitchhiker Arrest

Life on the run for the Internet sensation known as Kai the hatchet-wielding hitchhiker ended when he asked for a cup of coffee. A Starbucks employee recognized Caleb McGillvary after authorities say he was wanted in the death of a lawyer. ...

Business Highlights

___ A year after IPO, Facebook aims to be ad colossus NEW YORK (AP) — It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger ...

President Barack Obama talks to a class of pre-Kindergarten school children at Moravia Park Elementary School in Baltimore, Md., Friday, May 17, 2013, during the his second "Middle Class Jobs and Opportunity Tour". (AP Photo/Jacquelyn Martin)

On jobs trip, Obama tries to leave problems behind

President Barack Obama tried on Friday to leave behind the political battles that have overshadowed his second-term agenda, saying lawmakers should work on creating more middle-class jobs in the slowly growing economy. "Our work is not done, and our focus cannot drift," Obama said. Obama's jobs tour took him to ...

Gold prices sink for seventh day, near April low

Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news. Gold for June delivery dropped 1.6 percent, losing $22.20 to settle at $1,364.70 an ounce. The precious metal is nearing the recent low of $1,352 it reached ...

Gold prices sink for seventh day, near April low

Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news. Gold for June delivery dropped 1.6 percent, losing $22.20 to settle at $1,364.70 an ounce. The precious metal is nearing the recent low of $1,352 it reached ...

Brazil approves law to modernize ports

Brazil plans to modernize and expand its overcrowded ports, attract private investments to the sector and make it easier for companies to hire skilled foreign workers, in a bid to spur economic growth, The Brazilian Congress approved legislation late Thursday that allows the private sector to invest in state-owned ports ...

Oil gains to near $96 as investors eye US economy

The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy. By early afternoon in Europe, benchmark oil for June delivery was up 45 cents to $95.61 a barrel in electronic trading on the ...

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