WASHINGTON (AP) - The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.
Stocks posted modest gains Tuesday as investors worked through another large batch of earnings reports. Pharmaceutical stocks rose after drug giant Merck reported better-than-expected results. Twitter plunged nearly 20 percent after its results, which were released unexpectedly early, missed analysts' marks.
NEW YORK (AP) - U.S. stocks edged higher Tuesday afternoon, erasing losses from earlier in the day, as investors worked through the latest round of earnings reports. Pharmaceutical stocks rose after drug giant Merck reported better-than-expected results.
WASHINGTON (AP) - As National Guard troops responded to rioting in Baltimore, President Barack Obama said Tuesday there have been too many troubling police interactions with black citizens across American in what he called "a slow-rolling crisis." But he said there was no excuse for rioters to engage in senseless violence.
BALTIMORE (AP) - National Guardsmen fanned out across the city, police with riot shields blocked streets, and firefighters doused smoldering blazes Tuesday after looting and arson erupted in Baltimore following the funeral of a black man who died in police custody.
GAINESVILLE, Fla. (AP) - The University of Florida is investigating allegations that members of the Zeta Beta Tau fraternity spat at a group of disabled military veterans last weekend at a resort in Panama City Beach.