national-news-from-abc

US Reserve Has 3 Trillion Barrels of Oil

US Reserve Has 3 Trillion Barrels of Oil Beneath Utah and Colorado, bound up in rock, sit proven oil reserves of 3 trillion barrels—an estimate confirmed both by private industry and by the U.S. government. How much oil is that? The recoverable part, according to the U.S. Government Accountability Office, is "equal to the entire world's proven oil reserves."


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Watch: General Petraeus Affair: Did Mistress Snap?

Watch: General Petraeus Affair: Did Mistress Snap? People around former CIA director suggest Paula Broadwell was "gushy" around Petraeus.


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Watch: Kristen Stewart Sizzles on 'Breaking Dawn' Red Carpet

Watch: Kristen Stewart Sizzles on 'Breaking Dawn' Red Carpet Lara Spencer explains what has people buzzing on the "GMA" Pop News Heat Index.


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IRS Helping Businesses Hurt by Sandy

IRS Helping Businesses Hurt by Sandy Beleaguered business in and around New York City, still smarting from the smack given them by Hurricane Sandy, are beginning to get relief in the form of government loans and tax breaks. In communities like Red Hook in Brooklyn, the storm surge affected enterprises big and small: The sprawling Fairway Market chain saw the ground floor of its Red Hook market—located in a 19th Century brick warehouse—destroyed by the same wall of water that flooded out the basement of tiny textile-and-stationery...

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Watch: Fat Blocking Pepsi Special: New Soda Hits Stores in Japan

Watch: Fat Blocking Pepsi Special: New Soda Hits Stores in Japan Pepsi releases a soda innovation that claims it can get rid of fat.


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3 Kids, 2 Adults Die; May Be Intentional

3 Kids, 2 Adults Die; May Be Intentional Custody dispute may have led to deaths of 3 kids, uncle, grandma in family's Ohio garage


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Most in US Won't Escape 'Fiscal Cliff'

Most in US Won't Escape 'Fiscal Cliff' Most of America would be hit by tax increases and spending cuts from 'fiscal cliff'


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Elephant Raised by Human 'Mother' Dies

Elephant Raised by Human 'Mother' Dies Orphaned baby elephant raised by human "mother" in Malawi dies after illness


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Rock Center Tree Survived Sandy

Rock Center Tree Survived Sandy Jersey strong: 80-foot NJ tree that survived Sandy chosen for Rock Center Christmas honor


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Watch: Petraeus Affair: FBI Agent Actions Investigated

Watch: Petraeus Affair: FBI Agent Actions Investigated Pierre Thomas reports on the agent who allegedly disclosed the investigation.


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Watch: Software Billionaire John McAfee Wanted for Questioning in Murder

Watch: Software Billionaire John McAfee Wanted for Questioning in Murder Police want to talk to anti-virus software mogul about killing of his neighbor in Belize.


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Nick Swisher, JoAnna Garcia Expecting

Nick Swisher, JoAnna Garcia Expecting Congratulations are in order for former New York Yankees outfielder Nick Swisher and actress JoAnna Garcia. The two announced on their social media accounts Monday a baby is on the way. Swisher, 31, took to his Facebook page to share the news. “We are so...


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Victoria's Secret Apologizes for Use of Headdress

Victoria's Secret Apologizes for Use of Headdress Victoria's Secret apologizes for Native American headdress used in annual fashion show


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Radical Cleric Abu Qatada Released From Jail

Radical Cleric Abu Qatada Released From Jail Radical cleric Abu Qatada smiles as he leaves jail after winning appeal against deportation


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3 Kids, 2 Adults Die; May Be Intentional

3 Kids, 2 Adults Die; May Be Intentional School mourns 3 Ohio students found dead with grandmother, uncle in possible murder-suicide


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Black Friday Sales Coming Earlier

Black Friday Sales Coming Earlier Morning Business Memo: Black Friday sales are coming earlier than ever this year. At some big retailers the holiday shopping season starts now. Increasingly, stores are announcing specials to get shoppers in the buying mood as soon as possible. “I think we’ll start to see...


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Son Accused of Killing Mentally Ill Mom Heads to Trial

Son Accused of Killing Mentally Ill Mom Heads to Trial A former high school valedictorian and University of Michigan student is on trial today for first degree murder, accused of bludgeoning and stabbing his mentally ill mother to death in the family’s suburban Michigan home. Jeffrey Pyne, 22, was arrested in October 2011, five months...


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World Stocks Down on Greek Woes

World Stocks Down on Greek Woes Markets roiled by unsolved Greek bailout delay and seeming disagreement between Europe and IMF


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Watch: Gen. John Allen Investigated in Connection to Petraeus Emails

Watch: Gen. John Allen Investigated in Connection to Petraeus Emails The top U.S. military commander in Afghanistan is now caught up in the scandal.


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