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AP Top News at 12:02 p.m. EDT

US economy shrank in winter but staging a spring rebound
WASHINGTON (AP) - The U.S. economy shrank at a 0.7 percent annual rate in the first three months of the year, depressed by a severe winter and a widening trade deficit. The government's revision for last quarter was weaker than its initial estimate of a 0.2 percent growth rate. The U.S. trade gap - the difference between the value of exports and the larger value of imports - was found to be wider than first estimated. And consumer spending was slower than previously thought.


At $75 a game, indoor football isn't about the money
OMAHA, Neb. (AP) - Chuck Wright was hooked the first time he tried professional indoor football. His pay for that game: a $10 bill and six-pack of Bud Light. "If I never did anything else," he said, "I could always say I got paid to play. It's true."


Bob Baffert grows into racing's grateful elder statesman
ARCADIA, Calif. (AP) - Bob Baffert came blasting into thoroughbred racing in Southern California talking smack. Wearing a cowboy hat and boots, he had already conquered the quarter horse world and was ready to take aim at the bigger money and prestige offered by training regally-bred thoroughbreds. It wasn't long before he piled up 11 wins in Triple Crown races - two behind leader D. Wayne Lukas - and ditched his big hat but kept the boots.


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Blatter's future as president at stake in FIFA election
ZURICH (AP) - The future of soccer's embattled governing body was at stake Friday as Sepp Blatter sought a fifth term as FIFA president amid the biggest corruption crisis in the organization's 111-year history. Voting among the 209 member federations began Friday with the 79-year-old Blatter up for re-election against Prince Ali bin al-Hussein of Jordan. Both men gave final speeches just before the vote.


THE LATEST: Sepp Blatter tells FIFA voters: 'You know me'
ZURICH (AP) - The latest on FIFA developments: ---


Latest on Dennis Hastert: Judge to set initial court date
10:30 a.m. (CDT) The U.S. attorney's office in Chicago says former U.S. House Speaker Dennis Hastert has not been arrested following charges linked to allegations he agreed to $3.5 million in hush money.


Hastert indictment offers few clues about alleged misconduct
CHICAGO (AP) - A newly unveiled indictment against former U.S. House Speaker Dennis Hastert accuses the Illinois Republican of agreeing to pay $3.5 million in hush money to keep a person from the town where he was a longtime high school teacher silent about "prior misconduct." But it offers few hints about a central question: What was the alleged wrongdoing? The concise federal grand jury indictment handed down Thursday accuses Hastert, who once was second in line to the U.S. presidency, of agreeing to pay the money to a person identified in the document only as "Individual A," to "compensate for and conceal his prior misconduct against" that person.


Suicide bomber strikes Shiite mosque in Saudi, killing 4
RIYADH, Saudi Arabia (AP) - A suicide bomber blew himself up in the parking lot of a Shiite mosque in eastern Saudi Arabia during Friday prayers, killing four people in the second such attack in as many weeks claimed by the Islamic State group. The attack, which set vehicles alight and sent a cloud of black smoke into the air, came after a suicide bombing a week ago at another Shiite mosque killed 21 people, heightening sectarian tensions in the Sunni-majority kingdom.


Latest on flooding: Riverfront streets near Houston flooded
10:45 a.m. (CDT) Two forks of the San Jacinto River northeast of Houston have overflowed their banks, but no serious problems have being reported.


The top 10 highest-paid female CEOs
NEW YORK (AP) - Female CEOs are outpacing their male colleagues in pay, although they remain vastly outnumbered in the top echelons of American companies. Last year, the median pay for women CEOs rose to $15.9 million, a 21 percent gain from a year earlier, according to a study by executive compensation data firm Equilar and The Associated Press. That compared with median pay for male CEOs of $10.4 million, which was down 0.8 percent from 2013.