Time Warner has rejected a takeover bid worth about $76 billion from Rupert Murdoch's Twenty-First Century Fox and said it has no interest in further discussions about a combination of two of the world's largest media and entertainment companies. The offer included a portion of Twenty-First Century Fox's non-voting common stock and $32.42 in cash for each Time Warner share, Time Warner said. At Tuesday's closing prices, that is worth about $86.30 per Time Warner share, a 22 percent premium.WASHINGTON (AP) — When you die, should your loved ones have access to your Facebook, Yahoo and other online accounts? A group of influential lawyers says yes, unless you specify otherwise in a will. The Uniform Law Commission was expected on Wednesday to endorse a plan to automatically give loved ones access to all digital accounts, unless otherwise specified.WASHINGTON (AP) — Democrats see a political winner in the stinging defeat they suffered when the Supreme Court ruled that businesses with religious objections may deny coverage for contraceptives under President Barack Obama's health care law. A four-term senator — Washington state's Patty Murray — and a vulnerable freshman — Mark Udall of Colorado — have pushed legislation that would counter last month's court ruling and reinstate free contraception for women who are on health insurance plans of objecting companies.MANILA, Philippines (AP) — A typhoon roared through the Philippines, killing at least 12 people, knocking out power in many areas and damaging a parked jetliner, but the country's sprawling capital was largely spared when the storm's fierce winds shifted direction, officials said. Typhoon Rammasun's winds of 150 kilometers (93 miles) per hour and gusts of up to 185 kph (115 mph) brought down trees and electric posts and ripped off roofs across Manila, the capital of 12 million people, shutting government offices and schools. More than 370,000 people moved from high-risk villages to emergency shelters in six of the nation's provinces.CIUDAD HIDALGO, Mexico (AP) — Mexico is promising to stem the flow of Central American migrants to the United States by tightening control at its notoriously porous Guatemalan border. But messages from the country's top two leaders in little more than a week have provided few details on how. And the scene on the ground is business as usual.TOKYO (AP) — A Japanese nuclear plant won preliminary approval for meeting stringent post-Fukushima safety regulations Wednesday, an important step toward restarting the country's first reactors under the tighter rules applied after the 2011 disaster. The Nuclear Regulation Authority accepted a report that found the design upgrades and safety improvements at Kyushu Electric Power Co.'s two reactors at the Sendai Nuclear Power Station have complied with the requirements introduced last July.NEW YORK (AP) — The city's tabloid newspaper front pages next week are easy to imagine: a photo of a nightmarish traffic jam caused by a strike at the nation's largest commuter railroad juxtaposed with a shot of Mayor Bill de Blasio sunning on an Italian beach. Despite the potentially damaging political optics, the Democratic mayor appears set on embarking Friday on a 10-day Italian vacation in the face of a looming Long Island Rail Road strike, which if it happens Sunday could paralyze portions of the nation's largest city. The mayor had said he would return from his trip if a crisis arose but signaled this week that he believed his team could manage without him.Scientists have linked a new protein to Alzheimer's disease, different from the amyloid and tau that make up the sticky brain plaques and tangles long known to be its hallmarks. The discovery could give a new target for developing drugs and other treatments for Alzheimer's, the most common form of dementia. It also might help explain why many people have plaques and tangles in their brain yet show no symptoms of the disease. Autopsies on 342 brains revealed that people who had the new protein were 10 times more likely to have been mentally impaired when they died than those without it.
AP Typhoon Relief
AP Top News at 11:00 a.m. EDT
Published: July 16, 2014   |   Updated: July 16, 2014 at 03:00 PM