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  • White House says immigration plans not final yet Wednesday, 22 Oct 2014 | 3:13 AM ET

    WASHINGTON— The White House on Wednesday cautioned against making assumptions about President Barack Obama's changes to immigration rules based on a new federal contract proposal from the Homeland Security Department to buy enough supplies to make as many as 34 million immigrant work permits and residency cards over the next five years.

  • DETROIT, Oct 21- The problems for Japanese auto parts maker Takata Corp grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars. The news came a day after Toyota Motor Corp recalled 247,000 vehicles in the United States...

  • Obama calls late Ben Bradlee a 'true newspaperman' Tuesday, 21 Oct 2014 | 9:40 PM ET

    WASHINGTON— President Barack Obama is remembering the late editor Ben Bradlee as a "true newspaperman" who transformed The Washington Post into one of the country's finest papers. Bradlee died Tuesday at his home in Washington at the age of 93.. Just last fall, Obama awarded Bradlee the Presidential Medal of Freedom during a ceremony at the White House.

  • A newsman's life: Pentagon Papers to Watergate Tuesday, 21 Oct 2014 | 8:40 PM ET

    WASHINGTON— Ben Bradlee, the former Washington Post editor who died Tuesday at age 93, took a sleepy hometown newspaper and transformed it into a great one. Bradlee ended up getting a job at the Post in part because it was raining in Baltimore. Bradlee had been headed for a job interview in Baltimore in 1948 when a heavy rain prompted him to skip that appointment and...

  • Former Washington Post editor Ben Bradlee dies Tuesday, 21 Oct 2014 | 8:08 PM ET

    Bradlee died at home Tuesday of natural causes, the Post reported. Yet the Post's Pulitzer-winning coverage of the Watergate scandal is an inextricable part of Bradlee's legacy, and one measure of his success in transforming the Post from a sleepy hometown paper into a great national one. When Bradlee retired from the Post newsroom in 1991, then-publisher...

  • DIARY -Top Economic Events to Nov 3 Tuesday, 21 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rulemaking requiring sponsors of securitization transactions to retain risk in those transactions- 1930 GMT. LONDON- Bank of England publishes minutes of latest Monetary Policy Committee meeting. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn...

  • NEW YORK, Oct 21- Ocwen Financial Corp may have harmed hundreds of thousands of borrowers by sending backdated letters about loan modifications and foreclosures, New York state's financial regulator said on Tuesday, sparking a selloff in shares of the mortgage servicer. The company denied loan modifications in letters that borrowers received more than 30...

  • DETROIT, Oct 21- The recall crisis is growing involving Takata- made air bags exploding with too much force and spraying vehicle occupants with metal shrapnel, with two more lawsuits filed over accidents in older Honda cars. News of the lawsuits came a day after Toyota Motor Corp on Monday recalled 247,000 vehicles in the United States because of potentially...

  • Figures on government spending and debt Tuesday, 21 Oct 2014 | 4:12 PM ET

    WASHINGTON— Figures on government spending and debt.

  • DETROIT, Oct 21- The U.S. judge overseeing Detroit's historic bankruptcy dropped hints on Tuesday on what he wants to hear in the city's closing statements and what he may be scrutinizing in creditor settlements. "We are getting finality and stability going forward," state-appointed Emergency Manager Kevyn Orr told U.S. Bankruptcy Court Judge Steven Rhodes,...

  • NEW YORK/ WASHINGTON, Oct 21- The Federal Reserve's New York branch knew about risks JPMorgan Chase& Co was taking with its massive "London Whale" derivatives bets four years before they imploded, but it failed to act properly to head them off, the U.S. central bank's inspector general said. The Fed's Office of Inspector General said on Tuesday one of the key flaws it...

  • Top mortgage firm accused of abuses Tuesday, 21 Oct 2014 | 1:01 PM ET

    One of the nation's largest servicers of home loans may have denied struggling borrowers the chance to fix loan problems and avoid foreclosures, New York's financial regulator has alleged. An investigation by the state's Department of Financial Services found that Ocwen Financial Corp. inappropriately backdated foreclosure warnings and letters that...

  • WASHINGTON— Washington Post reports Ben Bradlee, former Post editor who led Watergate coverage, has died.

  • New efforts to ban tobacco farm child labor Tuesday, 21 Oct 2014 | 12:45 PM ET

    "I think that many members of Congress have been shocked that children are suffering nicotine poisoning from working in U.S. tobacco fields," said Jo Becker, Human Rights Watch's children's rights advocacy director. Philip Morris International, which limits the type of work children can do on tobacco farms, says it would like to see stronger U.S. regulations in...

  • Business events scheduled for Wednesday Tuesday, 21 Oct 2014 | 12:43 PM ET

    WASHINGTON— Labor Department releases Consumer Price Index for September, 8:30 a.m. Eastern time. Boeing Co. reports quarterly financial results before the market opens. AT&T Inc. reports quarterly financial results after the market closes.

  • US orders new screening for Ebola Tuesday, 21 Oct 2014 | 12:04 PM ET

    WASHINGTON— Everyone coming to the United States from the three West African countries at the center of the Ebola outbreak will now be screened for the deadly disease at one of five airports, the Homeland Security Department said Tuesday. Earlier this month, Customs and Border Protection officers at New York's Kennedy, Newark Liberty, Washington's Dulles,...

  • Rural areas seek piece of subprime-loan settlement Tuesday, 21 Oct 2014 | 11:51 AM ET

    Long seen as having devastated Sun Belt cities, the subprime mortgage crisis unleashed turmoil on Ohio and other rural areas. Much of it was concentrated in Appalachia and other areas stretching from Ohio, West Virginia and Kentucky to Mississippi, Louisiana, Texas and the Great Plains, according to government data provided to The Associated Press by...

  • DETROIT, Oct 21- The federal judge overseeing Detroit's historic bankruptcy case wants the city to explain its settlements with creditors and its exit financing in closing arguments next week, he said on Tuesday. Detroit Mayor Mike Duggan had raised concerns about the financing for the city's bankruptcy exit when he testified earlier this month, as well as the...

  • Unemployment rates fall in 31 US states last month Tuesday, 21 Oct 2014 | 10:43 AM ET

    WASHINGTON— Unemployment rates fell in 31 U.S. states in September, including in many where incumbent governors and senators face tough re-election campaigns. The Labor Department said Tuesday that unemployment rates rose in 8 states and were unchanged in 11 states. Colorado and Kentucky, two states with hard-fought Senate campaigns, experienced the...

  • New rules adopted in hopes of spurring home loans Tuesday, 21 Oct 2014 | 10:32 AM ET

    WASHINGTON— Buying a home may have gotten a little easier this week. With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules, hoping to inject more life into the country's still-recovering housing market. The board of the Federal Deposit Insurance Corp. voted 4-1 Tuesday to adopt...