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NEW YORK — Verizon, the nation's top provider of cellphone service, announces plans to acquire AOL for $4.4 billion, hoping that one of the Internet's oldest brands can provide growth in the mobile video and advertising arena as the phone business slows down. AOL, which introduced millions of Americans to the online world almost a generation ago, has been through its own share of transformations. By Mae Anderson. SENT: 650 words with photos. UPCOMING: 750 words with a new approach by 4 p.m.
— VERIZON-AOL-ACQUISITION-TIMELINE — Highlights of AOL's history. SENT: 280 words, photos.
HOMEBUYING SEASON-MISSING MILLENNIALS
LOS ANGELES — Young people aspiring to buy their first home are already facing disappointment this year. Rising prices are putting more homes out of reach, while pickings are slim because few properties have come onto the market during the spring months, when sales are supposed to take off. By Alex Veiga and Josh Boak. SENT: 880 words, photos.
GASOLINE PRICES-CHEAP SUMMER
Even after a long and steady rise in the price of oil and gasoline since January, U.S. drivers will almost certainly be paying far less for gasoline this summer than they have in at least five years. The average will likely hover near $2.50 a gallon, $1 cheaper than last year. SENT: 740 words, photos.
LABELLE, Fla. — Tucked away in Florida's Hendry County, amid the scrub brush and saw palmetto grasslands just southwest of Lake Okeechobee, are three monkey breeding farms containing thousands of primates. A fourth is in the works, and the possibility that the small, rural county will become the country's biggest supplier of research primates has some neighbors and many animal rights activists howling. By Tamara Lush. SENT: 1,040 words, photos.
MARKETS & ECONOMY:
WASHINGTON — The top Republican on the Senate Banking Committee unveils legislation that would ease regulatory requirements on mid-size banks. It would also give lenders the option for greater freedom from mortgage lending rules. By Andrew Taylor. SENT: 500 words.
WASHINGTON — The number of available jobs in the U.S. fell in March, though companies filled more of their open positions in a sign they are still confident enough to hire. By Christopher S. Rugaber. SENT: 470 words, photo.
WASHINGTON — The Treasury Department releases federal budget data for April. The federal government's deficit through the first half of the budget year ran slightly above last year's pace. By Martin Crutsinger. UPCOMING: 130 words after release of report at 2 p.m. 350 words by 2:45 p.m.
NEW YORK — U.S. stocks edge lower in midday trading, recovering much of an early tumble. By Alex Veiga. SENT: 540 words, photos. UPCOMING: 700 words by 5 p.m.
— BOND MARKET SLUMP — A key borrowing rate shoots to a five-month high as traders around the world continue to sell off big government bonds. By Matthew Craft. SENT: 300 words.
NEW YORK FED-HOUSEHOLD DEBT
WASHINGTON — U.S. household debt levels are mostly unchanged in the first three months of this year, held back by tight mortgage credit standards and consumer reluctance to borrow heavily. By Christopher S. Rugaber. SENT: 460 words.
— DENMARK-EARNS-CARLSBERG — Danish brewer Carlsberg says uncertainty in its vast Russian market continues to cause pain, contributing to a loss of 90 million kroner ($13.46 million) in the first quarter of 2015. SENT: 140 words.
— ITALY-EARNS-UNICREDIT — Italy's largest bank by assets, UniCredit, says net profit dropped by nearly one-third as it provisioned more funds against risk. SENT: 140 words.
— MIDSIZE SUVS-CRASH TESTS — Only three of seven midsize SUVs from the 2015 model year performed well in front-end crash tests done by an insurance industry group. By Tom Krisher. SENT: 420 words, photo.
— PATRIOT COAL-BANKRUPTCY — Patriot Coal Corp. files for Chapter 11 bankruptcy protection for the second time in three years and says it is involved in active negotiations for the sale of the company. By John Raby. SENT: 650 words.
— EUROPE-AIRBUS-MILITARY PLANE — Spain withdraws permission for test flights of Airbus A400M planes until an investigation determines the cause of a crash last weekend near the southern city of Seville that killed two pilots and two flight test engineers. SENT: 600 words, photo.
— BIRD FLU-PRICES — Prices for eggs and turkey meat are rising as an outbreak of bird flu in the Midwest claims an increasing number of chickens and turkeys. By David Pitt. SENT: 410 words, photos.
— NETHERLANDS-AHOLD-DELHAIZE — Dutch retailer Royal Ahold NV, operator of the U.S. supermarket chains Stop & Shop and Giant, says it is in talks with Belgian counterpart Delhaize Group about a possible merger. SENT: 130 words.
WASHINGTON — The Senate's top Republican pleads with lawmakers to move ahead on a trade bill that has the strong backing of President Barack Obama but faces fierce opposition from several rebellious Democrats. By Charles Babington. SENT: 700 words, photo. UPCOMING: Will be updated from vote scheduled for 2:30 p.m.
TECHNOLOGY & MEDIA:
ATSUGI, Japan — A robotic exoskeleton that helps the paralyzed to walk faces challenges in Japan, where bureaucracy and regulation often stymie medical innovation. By Yuri Kageyama. SENT: 1,020 words, photos.
BOGUS WIRELESS CHARGES
WASHINGTON — Verizon Wireless agrees to pay $90 million and Sprint $68 million to settle charges that the mobile giants allowed phony charges on their customers' monthly bills. By Anne Flaherty. SENT: 540 words.
— JPMORGAN CHASE-CARD TECHNOLOGY — JPMorgan Chase & Co. says it expects to convert more than 70 percent of its Chase credit and debit cards to chip technology, which is seen as more secure, by the end of 2015. SENT: 320 words.
BRUSSELS — Emboldened by his party's election triumph, Britain's finance minister insists that his government has a "very clear mandate" to change the terms of the country's membership in the European Union before it holds a referendum on whether to leave the bloc altogether. By Pan Pylas. SENT: 680 words, photos.
— GREECE-BAILOUT — Officials say Greece has completed a 757 million euro ($844 million) debt payment to the International Monetary Fund, despite an acute cash shortage that could come to a head within the next two weeks. SENT: 130 words, photos.
— AUSTRALIA-ECONOMY — Australia announces cuts to foreign aid, lower taxes for small businesses and cheaper child care in an annual budget that tries to balance paying off debt with energizing an economy that's being sapped by China's slowdown. By Rod McGuirk. SENT: 720 words.
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AOL: By the numbers
A snapshot look at the businesses and stock performance of AOL. UPCOMING: Graphic expected by 6 p.m.
Gap reports sales struggle
Gap shares fall after the retailer reports weaker sales trends. UPCOMING: Graphic expected by 6 p.m.