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Early vote points to close race as LA picks mayor

File-This file combo shows a Feb. 20, 2013 file photo of Los Angeles mayoral candidate Eric Garcetti speaking to media in Los Angeles, left, and undated image provided by the Wendy Greuel Campaign of mayoral candidate Greuel meeting with voters. Despite the high stakes, the race has been a mostly low-drama affair between two government regulars. In a city known to yawn at local politics, turnout is expected to be sparse, perhaps only one in four voters will go to the polls. (AP Photo,File)

LOS ANGELES (AP) � An early count of mail-in ballots Tuesday pointed to a close race for Los Angeles mayor.
Wed, 22 May 2013 00:20:16 -0400

Straily, Cespedes push A's past Rangers 1-0

Oakland Athletics starting pitcher Dan Straily, right, is hugged by catcher John Jaso, left, in the dugout after the seventh inning against the Texas Rangers during a baseball game, Tuesday, May 21, 2013, in Arlington, Texas. Straily allowed only two hits over seven innings. (AP Photo/Jim Cowsert)

ARLINGTON, Texas (AP) � Oakland rookie right-hander Dan Straily was well aware of the ace pitcher and the powerful lineup he was facing.
Wed, 22 May 2013 00:16:17 -0400

Spurs blow late lead, beat Grizzlies 93-89 in OT

San Antonio Spurs' Tony Parker (9), of France, goes up for a shot against the Memphis Grizzlies defense during the first half in Game 2 of the Western Conference finals NBA basketball playoff series, Tuesday, May 21, 2013, in San Antonio. (AP Photo/Eric Gay)

SAN ANTONIO (AP) � Tony Parker had 15 points and a career playoff-high 18 assists, Tim Duncan scored San Antonio's first six points of overtime and the Spurs bounced back after squandering a 13-point lead in the fourth quarter to beat the Memphis Grizzlies 93-89 on Tuesday night.
Wed, 22 May 2013 00:22:44 -0400

Prosecutors consider using racketeering law against SAC: source

Exterior of Headquarters of SAC Capital Advisors, L.P. in Stamford

By Emily Flitter NEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Prosecutors may use the Racketeer Influenced and Corrupt Organizations Act, most commonly associated with prosecutions against the mafia, to move against Cohen's $15 billion hedge fund company, said the person, who spoke on condition of anonymity. While this is one option under consideration, no final decision has been made, the source added. ...
Wed, 22 May 2013 00:13:04 -0400

Apple case seen as possible spur to tax action

Apple CEO Tim Cook testifies on Capitol Hill in Washington, Tuesday, May 21, 2013, before the Senate Homeland Security and Governmental Affairs Permanent subcommittee on Investigations as lawmakers examine the methods employed by multinational corporations to shift profits offshore and how such activities are affected by the Internal Revenue Code. Lawmakers want to know the tax strategy of how Apple, the world's most valuable company, based in Cupertino, Calif., holds a billion dollars in an Irish subsidiary as a tax strategy, according to a report issued this week by the subcommittee. (AP Photo/J. Scott Applewhite)

WASHINGTON (AP) � Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.
Wed, 22 May 2013 00:11:42 -0400