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WASHINGTON (AP) -- President Barack Obama is proposing cuts to Social Security as an attempt to compromise with Republicans on the budget. A senior administration official says the budget Obama will offer to Congress next Wednesday would reduce the deficit by $1.8 trillion over 10 years. It includes a revised inflation adjustment called "chained CPI" that would curb cost-of-living increases in Social Security and other benefit programs.
NEW YORK (AP) — J.C. Penney is honing in on its home department as part of a bigger plan to turn its stores into mini-malls of sorts. By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — J.C. Penney is honing in on its home department as part of a bigger plan to turn its stores into mini-malls of sorts.
MINNEAPOLIS (AP) — Mike Pelfrey looked around as he stepped on the mound to appreciate the moment. Less than a year after Tommy John surgery, he was back in a major league game. Pelfrey pitched into the sixth inning in his Minnesota debut, Josh Willingham and Trevor Plouffe hit home runs and the Twins took the season-opening series from the Detroit Tigers with an 8-2 victory Thursday. “If I was a crier, I probably would’ve cried. But I don’t do that too much. I was pretty proud, walking out there,” Pelfrey said. “This is my reward for busting my butt.”
MINNEAPOLIS (AP) — Rick Pitino is one proud papa. A day after his son Richard Pitino agreed to become the next head coach at Minnesota, Rick Pitino proclaimed the 30-year-old up-and-comer “more than ready” for the challenge. Richard Pitino only has one year of head coaching experience, but he has served as an assistant under his father at Louisville and under Billy Donovan at Florida.
MINNEAPOLIS (AP) — Rick Adelman’s path to 1,000 career coaching victories didn’t begin when he was thrust into the interim head coaching job with the Portland Trail Blazers in 1989. It started on a snowy night in Denver some 30 years ago, a few hours after the Blazers lost to the Nuggets. Adelman was an assistant under Jack Ramsay then, and the championship-winning head coach was distraught after watching his team drop the game.
EDEN PRAIRIE (AP) — The Minnesota Vikings will start their final season at the Metrodome at home, against Houston in an exhibition game the weekend of Aug. 8-10. The NFL announced the preseason schedule on Thursday, but most exact dates and times haven’t been set. The Vikings will play at Buffalo the weekend of Aug. 15-17 and at San Francisco on Aug. 25 before hosting Tennessee on either Aug. 29 or 30. The San Francisco game will be televised nationally by NBC. The regular season schedule will be released later this month.
Walgreen Co. has stretched the reach of its drugstore clinics beyond treating ankle sprains and sinus infections to handling chronic diseases such as diabetes, asthma and high blood pressure. By TOM MURPHY AP Business Writer
CHICAGO (AP) -- Roger Ebert, the most famous and most popular film reviewer of his time who became the first journalist to win a Pulitzer Prize for movie criticism and, on his long-running TV program, wielded the nation's most influential thumb, died Thursday, the Chicago Sun-Times reported. He was 70. By CARYN ROUSSEAU Associated Press
ALBANY, N.Y. (AP) -- Gun enthusiasts fearful of new weapon controls and alarmed by rumors of government hoarding are buying bullets practically by the bushel, making it hard for stores nationwide to keep shelves stocked and even putting a pinch on some local law enforcement departments. By MICHAEL VIRTANEN Associated Press
NEW YORK (AP) -- Shares of Best Buy jumped on Thursday after it announced plans to create store-within-store kiosks for Samsung products - a vote of confidence from a major consumer electronics retailer that the brick-and-mortar format is still an important way to sell products. Best Buy shares rose more than 12 percent in midday trading.