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YouTube said set to soon launch pay channels

YouTube is set to announce within a few weeks a series of channels that will require payment, a person familiar with the matter said Monday. The content on the new pay channels will be in addition to the millions of videos viewers watch for free on YouTube. It's not clear ...

Actor Robert Downey Jr. gives a high-five to his "Iron Man" character during opening bell ceremonies of the New York Stock Exchange, Tuesday, April 30, 2013. Stock prices are opening mostly lower on Wall Street as weak earnings from Pfizer and other companies drag down major market averages.  Downey's film, "Iron Man 3," also starring Don Cheadle and Gwyneth Paltrow, opens nationwide on May 3. (AP Photo/Richard Drew)

Will Downey suit up again after $175M 'IM3' haul?

Iron Man reigns as the standard-bearer of Hollywood superheroes with a $175.3 million domestic opening weekend for his latest sequel and an overseas haul of a half-billion dollars in less than two weeks. According to studio estimates Sunday, "Iron Man 3" has raced to a worldwide total of $680.1 million. ...

A woman grieves after finding her sister's body at a school turned make-shift morgue where family members come to identify and claim bodies found in the garment factory building collapse, Thursday, May 2, 2013, in Savar, near Dhaka, Bangladesh. Rescuers found more bodies in the concrete debris of the collapsed garment factory building Thursday and authorities said it may take another five days to clear the rubble. In addition to the 430 confirmed dead, police report another 149 people are still missing in what has become the worst disaster for Bangladesh's $20 billion-a-year garment industry that supplies global retailers.(AP Photo/Wong Maye-E)

Bangladesh official: Disaster not 'really serious'

The death toll in the factory-building collapse in Bangladesh rose to more than 530 on Saturday, a day after the country's finance minister downplayed the impact of the disaster on the garment industry, saying he didn't think it was "really serious." Finance Minister Abul Maal Abdul Muhith spoke as the ...

FILE - In this Feb. 1, 2013 file photo, recording artist Lil Wayne meets fans and celebrates his contemporary street wear apparel brand TRUKFIT at his hometown Macy's, in New Orleans.  A letter from Lil Wayne to the offended family of Emmett Till did not go far enough and relatives of the late civil rights icon are seeking a meeting with the rapper and representatives from PepsiCo to discuss their commercial partnership. The New Orleans rapper made the brief offensive reference to Till on Future's song "Karate Chop" earlier this year.  (Photo by Jordan Strauss/Invision/AP, File)

PepsiCo cuts ties with Lil Wayne over crude lyrics

PepsiCo is bowing to public pressure for the second time in a week and cutting ties with Lil Wayne over the rapper's crude lyrical reference to civil rights martyr Emmett Till. Lil Wayne, one of the biggest stars in pop music, had a deal to promote the company's Mountain Dew ...

Oil up again to near $95 ahead of US jobs data

The price of crude oil continued to rise Friday, a day after posting its biggest jump this year, as traders awaited the release of a closely watched U.S. employment report. By early afternoon in Europe, benchmark crude for June delivery was up 61 cents to $94.60 a barrel in electronic ...

President Barack Obama and Mexico's President Enrique Pena Nieto arrive for their bilateral meeting at the Palacio Nacional in Mexico City, Thursday, May 2, 2013. (AP Photo/Pablo Martinez Monsivais)

Obama OK with morning-after pill sales at age 15

President Barack Obama said Thursday he was comfortable with his administration's decision to allow over-the-counter purchases of a morning-after pill for anyone 15 and older. The Food and Drug Administration on Tuesday had lowered the age at which people can buy the Plan B One-Step morning-after pill without a prescription ...

YouTube says the battle with TV is already over

YouTube vs. TV? YouTube says the battle — if there ever was one — is over. In a flashy presentation to advertisers Wednesday night, Google Executive Chairman Eric Schmidt declined to forecast that Internet video will displace television watching. Instead he declared: "That's already happened." Schmidt said "the future is ...

FILE PHOTO

PepsiCo pulls Mountain Dew ad after criticism

PepsiCo is once again learning the risks of celebrity partnerships after an ad for Mountain Dew was criticized for portraying racial stereotypes and making light of violence toward women. The soda and snack food company said it immediately pulled the 60-second spot after learning that people found it offensive. The ...

FILE - In this Sept. 2012 file photo, Rep. Melvin Watt of North Carolina addresses the Democratic National Convention in Charlotte, N.C., on Thursday, Sept. 6, 2012.   President Obama intends to nominate Rep. Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie Mac, a White House official said Tuesday.  (AP Photo/J. Scott Applewhite)

Congressman, former lobbyist get housing, FCC nods

President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance Agency at a pivotal time for the housing market and naming a top campaign fundraiser and former lobbyist to head the Federal Communications Commission. Rep. Melvin Watt, D-N.C., ...

FILE - In this Wednesday, April 17, 2013, file photo Ford's Flat Rock Assembly Plant employees cheer as the millionth Ford Mustang is driven off the assembly line in Flat Rock, Mich. The Institute for Supply Management issues its U.S. manufacturing index for April on Wednesday, May 1, 2013.  (AP Photo/Carlos Osorio)

US manufacturing grows in April at slower pace

U.S. factory activity expanded at a slower pace in April, held back by weaker hiring and less company stockpiling. The report is the latest sign that economic growth may be slowing this spring. The Institute for Supply Management said Wednesday that its index of manufacturing activity slipped to 50.7 last ...

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