World stocks mixed ahead of Fed statements
BANGKOK (AP) -- World stock markets were mixed Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program....

Average credit card debt, late payments fall in 1Q
LOS ANGELES (AP) -- Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt....

Panel: Apple uses firms outside US to avoid taxes
WASHINGTON (AP) -- Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found....

Should we let wunderkinds drop out of high school?
NEW YORK (AP) -- Thomas Sohmers, 17, of Hudson, Mass., has been working at a research lab at the Massachusetts Institute of Technology since he was 13, developing projects ranging from augmented reality eyewear to laser communications systems. This spring, his mom, Penny Mills, let him drop out of 11th grade. She says she "could see how much of the work he was doing at school wasn't relevant to what he wanted to learn."...

Does France have right plan to revive its economy?
PARIS (AP) -- The man charged with reviving France's shrinking economy and attracting businesses to invest there is gaining a reputation for doing the opposite....

British inflation eases by more than expected
LONDON (AP) -- Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares....

Senate to debate crop insurance in farm bill
WASHINGTON (AP) -- The Senate is debating cuts to the federally subsidized crop insurance program as it considers a massive farm bill this week....

Head of embattled G4S security force retires
LONDON (AP) -- The chief executive of security firm G4S is to retire after a tumultuous year that saw the company fail to fulfill its Olympic contract....

Committee nears final big immigration decisions
WASHINGTON (AP) -- The Senate Judiciary Committee hopes to nail down an elusive compromise on high-tech visas and may punt a controversy over gay marriage to the full Senate as it makes final drafting decisions on immigration legislation that grants a shot at citizenship to millions living in the country illegally....

Yahoo looks to regain its cool with Tumblr deal
SAN FRANCISCO (AP) -- After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in a risky acquisition that revolves around the vision and instincts of a 26-year-old entrepreneur who dropped out of high school to pursue his dream of bringing more beauty and creativity to the Internet....