Banks’ earnings pop masks deeper concerns

NEW YORK (AP) — Major U.S. banks have turned in big profit gains this season, but the news isn’t all good. Much of the earnings increase is coming from cutting costs, rather than growing their core lending businesses.…

Ousted Metra CEO describes rough Illinois politics

CHICAGO (AP) — A former California transit executive tapped to clean up Chicago’s scandal-tarnished Metra commuter rail agency said Wednesday he was pushed out barely two years into the job for doing exactly that and resisting pressure from…

AP PHOTOS: Nicaraguans celebrate saint at sea

SAN JUAN DEL SUR, Nicaragua (AP) — Nicaraguan fishermen and sailors who call on Our Lady of Carmen to protect them at sea pay homage to the saint on her feast day, trailing her statue around the bay…

Expert: Chicago school closings will endanger kids

CHICAGO (AP) — Chicago children displaced by public school closings may be forced to step into the line of fire between warring street gangs as they walk to their new schools each day, a gang expert told a…

Mexican capo tried to escape while being captured

MEXICO CITY (AP) — Alleged drug lord Miguel Angel Trevino Morales fled into heavy brush and fell at least once scratching his face in a failed attempt to escape capture two days ago, a Mexican federal government official…

International custody case child returns to Sweden

DES MOINES, Iowa (AP) — A 3-year-old girl at the center of an international custody dispute boarded a plane to Sweden on Wednesday after a federal judge ruled that her mother was violating a treaty by keeping her…

AP sources: Senators reach deal on student loans

WASHINGTON (AP) — A day after huddling with President Barack Obama at the White House, a bipartisan group of senators inched closer Wednesday to a compromise that would reduce interest rates on student loans before classes resume. The…

New health push from NYC mayor: Take the stairs

NEW YORK (AP) — After nudging New Yorkers to stop smoking and eat better, Mayor Michael Bloomberg is working on getting them to take the stairs more often. He proposed Wednesday to tweak the building code to promote…

Zimbabwe: Monitors foresee more polling chaos

HARARE, Zimbabwe (AP) — An independent Zimbabwe election monitoring group said Wednesday many of the nation’s 6.2 million voters will not be likely to cast their ballots if elections are not delayed. Less than 10 percent of police…
money

Topeka looks at cuts and higher property taxes to balance budget

The budget belt must be tightened, and city council members in Topeka are faced with three choices. The city manager has said they can order 5% cuts across the board, they could raise taxes, or his recommendation: a combination of the two that would spare emergency departments.…