AUSTIN, Texas (AP) — An annual study of national driving patterns shows that Americans spent 5.5 billion additional hours sitting in traffic in 2011. The Texas A&M Transportation Institute released a report today that found Americans are adapting to road congestion by allowing, on average, an hour to make a trip that would take 20 […]

WASHINGTON (AP) — President Barack Obama is ready to put a diverse face on his administration in his new wave of Cabinet nominees — an image that was missing as he filled the first round of vacancies of his second term with a parade of white men. Obama is said to be looking at women, […]

WASHINGTON (AP) — President Barack Obama has signed into law a bill raising the government’s borrowing limit, averting a default and delaying the next clash over the nation’s debt until later this year. The legislation temporarily suspends the $16.4 trillion limit on federal borrowing. Experts say that will allow the government to borrow about $450 […]

WASHINGTON (AP) — Republican Sen. John McCain, a sharp critic of Chuck Hagel’s nomination as defense secretary, says he will not support a filibuster of President Barack Obama’s pick, even though he declined to say whether he intends to vote for confirmation. Several other GOP senators also voiced reservations about a filibuster of Hagel’s nomination. […]

ROUND ROCK, Texas (AP) — Slumping personal computer maker Dell is selling itself for $24.4 billion to its founder and a group of investors that includes Microsoft. It’s the largest deal of its kind since the Great Recession dried up financing for risky maneuvers like this. The complex agreement announced today will end Dell Inc.’s […]

WASHINGTON (AP) — Federal regulators say approval of the first generic version of cancer drug Doxil will help resolve a lingering shortage triggered by manufacturing deficiencies. The shortage of the Johnson & Johnson injectable medication, made under contract by Ben Venue Laboratories, has continued on and off for a few years. It’s resulted in rationing, […]