NEW YORK — The New York Times is experimenting with another source of revenue: digital books.
The newspaper said Wednesday it will publish its first e-book on Monday.
“Open Secrets: WikiLeaks, War and American Diplomacy” will chronicle the story of last year’s WikiLeaks saga, in which the anti-secrecy group released U.S. State Department cables and other sensitive documents. The Times was among five publications that reviewed the material with WikiLeaks before their release.
The Times’ new e-book will sell for $5.99 through Amazon.com Inc., Barnes & Noble Inc., Google Inc.’s eBook store and Apple Inc.’s iBookstore.
Doctors: Rep. Giffords ready to start full rehab
HOUSTON — Rep. Gabrielle Giffords was transferred Wednesday to a Houston rehabilitation center, where she began intensive therapy and will have a valve inserted into her breathing tube to help her speak.
Doctors at TIRR Memorial Hermann — The Institute for Rehabilitation and Research — gave few details on Giffords’ treatment or whether she was able to make sounds or speak. Neurosurgeon Dr. Dong Kim did say the congresswoman was making progress at ‘‘lightning speed,’’ and Giffords’ ability to swallow safely could mean she won’t need a tube feeding her much longer.
Oil prices settle higher, above $87 per barrel
Oil prices rose past $87 a barrel on Wednesday, as investors focused on President Barack Obama’s ideas for more jobs and overhaul corporate taxes.
Benchmark oil for February delivery rose $1.14 to settle at $87.33 a barrel in afternoon trading on the New York Mercantile Exchange.
Traders took their cue from the stock market, which moved higher on Obama’s call in the State of the Union address to close corporate tax loopholes and lower business tax rates. The Dow Jones Industrial Average topped 12,000 for the first time since June, 2008. The Standard & Poor’s 500 index and the Nasdaq composite index also rose.
Obama calls for new era of competitiveness
MANITOWOC, Wis. — President Barack Obama campaigned vigorously for his revamped economic message Wednesday, warning that other countries have been grasping for first place in the global marketplace as the U.S. fell down on the job.
The president delivered the argument in Wisconsin, a state that will be critical to his re-election prospects, a day after a State of the Union address where he contended that the U.S. has to step up its spending on innovation and infrastructure in order to compete globally and create jobs at home.
No one hurt in a not-quite-miracle on the Hudson
EDGEWATER, N.J. — A commuter ferry that was among the first to respond to the plane splashdown in the Hudson River two years ago had to be rescued itself Wednesday morning when an engine began emitting dark smoke.
There were 25 passengers and two crew members aboard the Moira Smith on the Hudson between New Jersey and New York City when the smoke appeared Wednesday morning, said officials with ferry operator New York Waterway.
An alarm went off and the crew shut down the engine, anchored and called for help, New York Waterway said in a statement. Another ferry responded and accepted some passengers who continued on to Manhattan, and the disabled boat was towed back to the dock.
Color-coded terror warnings to be gone by April 27
WASHINGTON — By the end of April, terror threats to the U.S. will no longer be described in shades of green, blue, yellow, orange and red, The Associated Press learned.
The nation’s color-coded terror warning system will be phased out beginning this week, according to government officials familiar with the plan. The officials requested anonymity to speak ahead of an announcement scheduled Thursday by Homeland Security Secretary Janet Napolitano.
The Homeland Security Department and other government agencies have been reviewing the Homeland Security Advisory System’s usefulness for more than a year. One of the most notable changes to come: The public will no longer hear automated recordings at U.S. airports stating that the threat level is orange.