TODAYS TOP STORIES
Obama praises nominees for SEC, consumer panel
WASHINGTON (AP) -- President Barack Obama says his picks for two top posts will crack down on those whose irresponsible behavior threatens the U.S. economy and the middle class.
In his weekly radio and Internet address, Obama praises his nominee to lead the Securities and Exchange Commission, Mary Jo White, and his pick for the Consumer Financial Protection Bureau, Richard Cordray.
Obama says White, a former federal prosecutor, will help reform Wall Street. He says Cordray will be a champion for American consumers and is imploring the Senate to confirm him.
Obama installed Cordray last year through a recess appointment after Senate Republicans opposed his nomination.
In the Republican address, South Dakota Sen. John Thune says the Senate must pass a budget that addresses out-of-control spending to stave off another credit-rating downgrade.
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Posted: Saturday, January 26 2013, 02:54 PM CST
IN OKLAHOMA NEWS
Tornado hits OKC suburb, kicking up debris
May 19, 2013 22:29 GMT
EDMOND, Okla. (AP) -- A tornado kicked up debris in an Oklahoma City suburb and threatened a number of tourist attractions on historic Route 66 before growing into a larger storm that rolled across rural parts of central Oklahoma.
Television footage Sunday showed a tornado at Edmond . The storm threatened a novelty soda-pop store and a historic barn in the small town of Arcadia, then grew into a larger storm as it moved northeastward a few miles north of the Turner Turnpike between Oklahoma City and Tulsa.
The Storm Prediction Center had forecast a moderate risk of severe weather in Oklahoma and adjacent portions of Kansas and Missouri.
TV video also showed power flashes from transformers blowing out as they were hit by high winds or debris.
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From the FOX 25 First Forecast Center..Tornado Watch currently in effect for central and eastern Oklahoma until 11pm tonight. Temps will drop to the mid to upper 60s for the metro. ...
Gauge of US economy's future health up in April
WASHINGTON (AP) -- A measure of the U.S. economy's future health rose in solidly in April, buoyed by a sharp rise in applications to build new homes and apartments.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: LABOR GROUP SAYS CONDITIONS AT APPLE PLANTS IMPROVING
WASHINGTON (AP) -- A labor group Apple joined to assess working conditions at three manufacturing plants in China, where its products are made, says conditions are getting better.
ON THIN ICE?
ANCHORAGE, Alaska (AP) -- He was already on thin ice with the law when he failed to meet the conditions of his probation.