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U.S. Hedge Fund Pressures Sony To Spin Off Entertainment Arm

Billionaire hedge fund manager Daniel Loeb owns a 6.5 percent stake in the company. In the last 13 years, Sony's stock value has plummeted nearly 85 percent — struggling against electronic rivals like Apple and Samsung.

IRS Controversy Revives Questions About Tax-Exempt Issues

President Obama says it's outrageous that the Internal Revenue Service apparently targeted conservative groups for additional scrutiny. Some say there has not been enough scrutiny of groups across the political spectrum that are tax exempt — yet which also advocate political causes.

Justice Department Secretly Obtains AP Phone Records

The Associated Press is protesting what it calls a massive and unprecedented intrusion into its news gathering. The target of that wrath is the U.S. Justice Department, which secretly collected phone records for several AP reporters last year.

Michigan Apple Orchards Blossom After A Devastating Year

The apple trees are heading for full blossom in Michigan, after a disastrous 2012 crop, when only 15 percent of the apples survived. But this year's harvest is expected to set records, as growers say they've had a chance to update equipment and the trees have stored up extra energy.

Associated Press: Feds Secretly Obtained Reporter Phone Logs

In a letter to Attorney General Eric Holder, the AP president says there can be 'no possible justification' for the breach of confidential communications.

TV Psychologist Dr. Joyce Brothers Dies At 85

The Associated Press reports that the longtime television personality died in New York.

ABC's Live Streaming Aimed At Keeping Cable Cords Intact

Starting Tuesday, ABC will let viewers in New York and Philadelphia watch their local stations over the Internet. But this is not a way to cut your cable bill. The new Watch ABC service will require a cable account to log in.