Fed moves to bar bailouts of failing firms

WASHINGTON (AP) – Federal Reserve officials have moved to prevent the central bank from bailing out failing companies, a power it exercised during the 2008 financial crisis. The Fed governors voted 5-0 Monday to downsize the Fed’s emergency lending powers. Only broad lending programs designed to revive frozen markets – not loans to individual firms…

Mayor hints at motive in Colorado clinic attack

COLORADO SPRINGS, Colo. (AP) — The mayor of Colorado Springs says authorities aren’t ready to discuss a possible motive of the gunman who attacked a Planned Parenthood clinic there but says people can make “inferences from where it took place.” John Suthers says investigators have interviewed 57-year-old Robert Lewis Dear of North Carolina but says…