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NEW YORK – Despite a handful of high-profile disappointments, second-quarter earnings have come in above Wall Street’s expectations thus far, giving investors confidence in the continued strength of the economy and corporate America. As of Friday morning, 202 of the Standard & Poor’s 500 index (search) components had reported earnings. …

LOS ANGELES – Antonio Villaraigosa (search) formally took his oath as the city’s 41st mayor on Friday, becoming the first Hispanic to hold the office since the 19th century. “Angelenos, we need to start thinking big again,” Villaraigosa said in an address that contrasted the city’s standing as “the undisputed …

SACRAMENTO, Calif. – Islamic leaders and peace groups are criticizing the California National Guard (search) for a flier posted in its headquarters suggesting the United States execute Islamic terrorists with bullets dipped in pig’s blood to deny them entry to heaven. The flier attributed the practice to World War I …