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  • March 23- Texas Senator Ted Cruz, a conservative firebrand who frequently clashes with leaders of his Republican Party, said early Monday that he is running for president, making him the first major figure from either party to jump into the 2016 U.S. presidential election race. Cruz announced his candidacy for the Republican presidential nomination in a 30-...

  • Ted Cruz of Texas tweets' I am running for president'; formal speech to come Monday.

  • Roar of bombers replaced by drone buzz in North Dakota Sunday, 22 Mar 2015 | 12:05 PM ET

    FARGO, N.D.— The roar of mammoth Air Force bombers and tanker planes has long been silenced at the Grand Forks Air Force Base, but backers of the nation's first unmanned aircraft business park say the drones are creating a buzz. North Dakota is one six sites around the country testing unmanned aircraft, for which some Americans have lingering concerns about...

  • About 55 percent of Earned Income Tax Credit recipients reported using a paid tax preparer last year.

  • WASHINGTON, March 20- The National Credit Union Administration Board filed suit against HSBC Bank USA, alleging it did not fulfill trustee duties for 37 residential mortgage-backed securities trusts, the group said on Friday. Central, WesCorp, Members United, Southwest and Constitution credit unions between 2004 and 2007. The complaint said HSBC did not...

  • WASHINGTON, March 20- The National Credit Union Administration Board filed suit against HSBC Bank USA, alleging it did not fulfill trustee duties for 37 residential mortgage-backed securities trusts, the group said on Friday. The credit union group filed the suit in federal court in Alexandria, Virginia, in its role as liquidating agent for five failed...

  • KING GEORGE ISLAND, Antarctica— They trekked snow-covered mountains, gasped at seals flopping along the coastline and oohed at penguins waddling along on the ice, and even took in the spectacle of a humpback whale flapping its tale amid a sea of melting icebergs. "In Antarctica, you can plan all you like, but you can't really schedule anything," goes a local saying.

  • The grants, announced Friday in Georgia by Agriculture Secretary Tom Vilsack, come as the Republican Congress is exploring ways to cut the program, which cost $74 billion last year— twice its cost in 2008.. The food stamp program has long been the center of political wrangling in Washington, with elective officials debating it virtually endlessly.

  • Correction: Earns-K2M Group story Thursday, 19 Mar 2015 | 3:53 PM ET

    LEESBURG, Va.— In a March 18 story about K2M Group earnings, The Associated Press erroneously reported that the company had a full-year profit. K2M Group reports 4 Q loss. LEESBURG, Va.— K2M Group Holdings Inc. on Wednesday reported a loss of $11.1 million in its fourth quarter.

  • Atlantic City rejected by voters on new Monopoly games Thursday, 19 Mar 2015 | 3:10 PM ET

    Atlantic City is where the Monopoly board game began, but voters in a global contest to pick cities for new editions of the 80- year-old game have turned their attention elsewhere. According to results released Thursday— the 80th birthday of Monopoly— Atlantic City, whose streets provided the names for the game's squares when it was created in 1935, did not make...

  • Honda adds 105,000 vehicles to driver's air bag recall Thursday, 19 Mar 2015 | 7:24 AM ET

    Honda says it's the first recall of 2008 Pilots for potential problems with driver's air bags made by Takata Corp. of Japan. With the added vehicles, Honda has now recalled 5.5 million Honda and Acura cars and SUVs nationwide from the 2001 to 2011 model years because of the air bag problems. Honda says in documents posted Thursday by U.S. safety regulators that it...

  • WASHINGTON— An uncharacteristic joint effort by House Speaker John Boehner and his usual nemesis, Minority Leader Nancy Pelosi, to resolve a gnawing problem about how Medicare pays doctors underscores the political victories each sees in finally sweeping the issue off the deck— if they can. They're unhappy that it increases costs for some Medicare...

  • K2M Group reports 4Q loss Wednesday, 18 Mar 2015 | 5:01 PM ET

    LEESBURG, Va. _ K2M Group Holdings Inc. on Wednesday reported a loss of $11.1 million in its fourth quarter. K2M Group expects full-year revenue in the range of $214 million to $218 million. K2M Group shares have declined almost 1 percent since the beginning of the year.

  • Feds eye oil, gas drilling off East Coast, Alaska, Gulf Wednesday, 18 Mar 2015 | 4:01 PM ET

    ATLANTIC CITY, N.J.— Environmentalists say allowing offshore drilling along the U.S. East Coast from northern Virginia to the Georgia- Florida border could lead to a catastrophic oil spill devastating to the crucial tourism industry. The federal Bureau of Ocean Energy Management proposes opening up a stretch of the East Coast in its latest five-year plan,...

  • RICHMOND, Va.— Former New York Mayor Michael Bloomberg and Microsoft Corp. co-founder Bill Gates are launching a fund to help low- and middle-income countries fight often long and expensive legal battles with the tobacco industry. The newly created Anti-Tobacco Trade Litigation Fund backed by $4 million from Bloomberg Philanthropies and the Bill& Melinda...

  • U.S. military veteran unemployment easing, but still high Wednesday, 18 Mar 2015 | 12:30 PM ET

    WASHINGTON, March 18- Unemployment rates for U.S. military veterans fell last year, but joblessness among their ranks remains higher than the civilian population, a government report showed on Thursday. The unemployment rate among veterans who joined the military after Sept. 11, 2001, fell to an average of 7.2 percent last year from 9 percent in 2013, the Labor...

  • SYDNEY— A U.S. citizen who was recently a senior executive at the Commonwealth Bank of Australia pleaded not guilty in a Sydney court Wednesday to charges that he accepted bribes to award a contract to a U.S. information technology firm. Keith Robert Hunter, 61, formerly of San Francisco, and his alleged accomplice— another Sydney- based American who has not been...

  • Unemployment rate drops in 24 states in January Tuesday, 17 Mar 2015 | 10:23 AM ET

    The Labor Department said Tuesday that jobless rates were unchanged from December in 18 states and in Washington, D.C.. Unemployment dropped the most from January 2014 in Illinois and in Rhode Island. Employers added jobs in 39 states and reduced them in 10 and in Washington, D.C. California gained 67,300 jobs in January, Ohio rose 25,100 and Michigan added...

  • BEIJING— China has overtaken Germany to become the world's third-biggest arms exporter, although its 5 percent share remains small compared to the combined 58 percent of exports from the U.S. and Russia, a new study says. China had long been a major importer of weapons, mainly from Russia and Ukraine, but its soaring economy and the copying of foreign technology...

  • WASHINGTON— GOP defense hawks are pressing to find ways to boost the Pentagon's bottom line as the annual budget debate cranks up on Capitol Hill, as tension between defense hawks and budget hard-liners is already making it difficult for Republican leaders to assemble a majority behind their soon-to-be-revealed budget blueprints. Senate Armed Service...