Obama: NSA secret data gathering ‘transparent’

U.S. President Barack Obama gestures during a speech at the Belfast Waterfront on Monday, June 17, 2013, in Belfast, Northern Ireland. Obama is attending the G-8 summit in Enniskillen, Northern Ireland where leaders are expected to discuss the ongoing conflict in Syria, and free-trade issues. (AP Photo/Evan Vucci)

WASHINGTON (AP) — President Barack Obama defended top secret National Security Agency spying programs as legal in a lengthy interview Monday, and called them transparent — even though they are authorized in secret. … [Read more...]

Report: Slowdown in health care costs to continue

WASHINGTON (AP) — There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause. … [Read more...]

Report: Too many teachers, too little quality

WASHINGTON (AP) — The nation's teacher-training programs do not adequately prepare would-be educators for the classroom, even as they produce almost triple the number of graduates needed, according to a survey of more than 1,000 programs released Tuesday. … [Read more...]

Court appoints lead plaintiff in shareholder lawsuit against SAC

Exterior of Headquarters of SAC Capital Advisors, L.P. in Stamford

(Reuters) - A New York court designated a pension fund as the lead plaintiff in a lawsuit filed by shareholders of Elan Corp against SAC Capital, a court filing showed, as the hedge fund continued to face varied legal challenges over insider-trading charges. Pension fund City of Birmingham Retirement and Relief System has been named as the lead representative party, who will act on behalf of other co-litigants in directing the lawsuit, according to a court order on Monday. ... … [Read more...]

Accused California killer tells jurors, ‘I’m not the monster’

By Ronnie Cohen SAN RAFAEL, California (Reuters) - An elderly California photographer charged with the slayings of four prostitutes dating back to the 1970s opened his own defense at his serial-murder trial on Monday, declaring to jurors, "I'm not the monster that killed these women." Joseph Naso, 79, who has admitted a penchant for taking erotic pictures of women and displayed dozens of such photos in court on Monday, stood stoop-shouldered in a blue suit and tie, his hands crossed behind his back, as he politely greeted the 12 men and women who will decide his fate. ... … [Read more...]