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Obama OKs honor for Birmingham bombing victims
President Barack Obama signs a bill designating the Congressional Gold Medal commemorating the lives of the four young girls killed in the 16th Street Baptist Church Bombing of 1963, Friday, May 24, 2013, in the Oval Office of the White House in Washington. From left are, Rep. Terri Sewell, D-Ala. sponsor of the bill; Lisa McNair; Thelma "Maxine" Pippen McNair mother of Denise McNair; Dianne Braddock sister of Carole Robertson; and Rev. Arthur Price Jr., pastor of the Sixteenth Street Baptist Church. (AP Photo/Jacquelyn Martin)WASHINGTON (AP) — President Barack Obama signed legislation Friday to award Congress' highest civilian honor to four girls killed in an Alabama church bombing during the civil rights movement. He called it a tragic loss that "helped to trigger triumph and a more just and equal and fair America."

Schumer urges look at security in Sprint deal
NEW YORK (AP) — Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking.

SPORTS NEWS


Judge orders more monitoring for Cowboys DT
DALLAS (AP) — Dallas Cowboys defensive tackle Josh Brent will remain free while he awaits trial for intoxication manslaughter, as a judge on Friday denied a request by prosecutors to revoke his bond due to problems with alcohol monitoring.

AP Source: Jets RB Goodson to practice Tuesday
FLORHAM PARK, N.J. (AP) — A person familiar with the situation tells the Associated Press that Jets running back Mike Goodson is expected to return to practice Tuesday despite his legal troubles.

ECONOMY NEWS


Switzerland sees free-trade pact with China in July
Swiss President Maurer and Chinese Premier Li listen to national anthems during the second day of an official visit to Switzerland in BernZURICH (Reuters) - The Swiss government said on Friday it hopes to sign a free-trade agreement (FTA) with China that would be the first such deal of its kind between Beijing and continental Europe when Switzerland's economy minister visits China in July. "I hope we can sign our FTA at the occasion of my confirmed visit to Beijing in mid-July," Johann Schneider Ammann during a visit by Chinese Prime Minister Li Keqiang. Schneider-Ammann did not give further details on the content of the agreement. ...

Wall Street posts first weekly loss since mid-April on Fed angst
Traders work on the floor at the New York Stock ExchangeBy Angela Moon NEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the economy. Still, the indexes closed well off their lows in light volume ahead of the three-day Memorial Day holiday weekend. The Dow ended slightly higher, outperforming the broader market, buoyed by a 4 percent gain in Procter & Gamble . ...
   

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