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[05/13] HP to buy EDS for about $13.2 billion in cash
By MICHAEL LIEDTKE AP Business Writer SAN FRANCISCO (AP) - Hewlett-Packard Co. is buying Electronic Data Systems Corp. for $13.2 billion in a deal that will create the second largest technology services provider behind IBM.

[05/13] Military cracks down on scrap-metal scavengers
By CHELSEA J. CARTER Associated Press Writer TWENTYNINE PALMS, Calif. (AP) - Hundreds of Marines were conducting a combat training mission in the Mojave Desert when an air patrol spotted something kicking up dust: A civilian pickup truck speeding across the barren landscape.

[05/13] Shipping containers could become condos in Detroit
DETROIT (AP) - A Detroit-based group hopes to use empty shipping containers to build a $1.8 million, 17-unit condominium project.

[05/12] JPMorgan Chase CEO: recession is just beginning
NEW YORK (AP) - JPMorgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he believes a U.S. recession is just beginning.

[05/12] Mortgage cos. reveal damage from housing crisis
By STEPHEN BERNARD AP Business Writer NEW YORK (AP) - Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over.

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