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FedEx saw its profits dip last quarter. The overnight shipping company warns that the year ahead may be more of the same as it feels the pinch of an economic slowdown and high gasoline prices.

The House vote to repeal the Affordable Care Act may be dead on arrival in the Senate, but The Weekly Standard's Daniel Halper says the costs of the bill are still to high, and seem to rise with every new estimate.

Microsoft says its net income rose 51 percent in the most recent quarter, boosted by higher sales of Windows and Office software. If it had not deferred some revenues last year, the latest profit number would have been only 16 percent higher.

Italy lies between two huge tectonic plates to the north and south, and the Earth's crust on the western side of the country is actually stretching apart. That stretching and gravity pulled down part of the Apennine mountains and caused the 6.3-magnitude earthquake that shook central Italy early Monday.

The recall covers lots of two Suave 24-Hour Protection aerosol antiperspirants with expiration dates through September 2023. It's the latest recall of consumer products linked to the carcinogen.

The Bucks won their first NBA title in 50 years — beating the Phoenix Suns 105-98 in Game 6. After being down two games to none, the Bucks stormed back to take the next four straight.

The Tennessee state House on Thursday voted to expel two Democratic lawmakers for their participation in gun control protests last week on the chamber floor.

The launch is a milestone in India's effort to foster a private space industry. The rocket, made by Hyderabad-based Skyroot, was aloft for about five minutes and reached peak altitude of 55 miles.

About 6,000 inmates convicted of federal drug crimes are being released from prisons and halfway houses. It represents the first wave of early releases as the U.S. reconsiders how it punishes drug crimes.

Interior Secretary Ken Salazar has canceled scores of oil and gas leases sold by the Bush administration in Utah's red rock country. The sales would have brought $6 million to the government, in addition to royalties on any oil or gas production.