YOUR FRIENDS' ACTIVITY

    SBA head Mills to leave Obama administration

    WASHINGTON (AP) — Karen Mills is leaving her post as head of the Small Business Administration, opening yet another Cabinet-rank job for President Barack Obama to fill at the start of his second term. Obama says Mills played a leading role supporting start-up businesses and entrepreneurs.

    Mills has served as SBA administrator since 2009.

    The SBA arranges loans, loan guarantees and other assistance to small businesses. Most recently, the SBA stepped in to assist businesses hurt by Superstorm Sandy, approving more than $1.1 billion in disaster loans to residents and businesses in states affected by the storm.

    Mills is the latest executive branch official to leave during the traditional turnover at the beginning of a second term.

    In a statement Monday, Obama credited Mills with helping businesses recover from the damaging recession.

    Loading...
    • Cycling-Road-Giro d'Italia points classification after stage 18

      May 23 (Infostrada Sports) - Points Classification Giro d'Italia after Stage 18 on Thursday 1. Mark Cavendish (Britain / Omega Pharma - Quick-Step) 113 2. Cadel Evans (Australia / BMC Racing) 109 3. Vincenzo Nibali (Italy / Astana) 103 4. Carlos Betancur (Colombia / AG2R) 94 5. Mauro Santambrogio (Italy / Vini Fantini) 89 6. Giovanni Visconti (Italy / Movistar) 86 7. Rigoberto Uran (Colombia / Team Sky) 86 8. Elia Viviani (Italy / Cannondale) 72 9. Ramunas Navardauskas (Lithuania / Garmin) 65 10. Giacomo Nizzolo (Italy / RadioShack) 61

    • Hands soaked in blood, London knifeman declares his creed on video

      By Peter Griffiths and Estelle Shirbon LONDON (Reuters) - A young man with bloodied hands holds a knife and a meat cleaver soaked in blood as he faces the camera to say he has just killed a soldier on a London street in retaliation for the deaths of Muslims killed by British troops in faraway lands. As the man speaks, a woman in a blue skirt pulls a shopping cart down the pavement towards him, glances briefly in the direction of a corpse lying in the road, and walks right past the man, apparently oblivious to the bloody weapons in his hand. ...

    • Dog Found Standing Guard Over a Tornado Victim Reunited With Her Owner

      There's a happy ending to the story of a dog, found alive in the rubble after a massive tornado devastated Moore, Oklahoma: she's been reunited with her owner.

    • Florida high school suspends teacher for touching girl on head with banana

      Is a cigar sometimes just a cigar? That debate will remain unresolved, but The Daily Caller can say with confidence that a banana is definitely not always just a banana at North Marion High School near Ocala, Fla.

    • The Gruesome Details of London's Horrifying Machete Attack

      An attack in broad daylight in London on Wednesday is drawing a swift response — and a possible terror link — from the highest authorities. Reports suggest two men chased down another man with their car before getting out, attacking him with a machete, and dragging him through the city streets. 

    • Jerry Lewis repeats his distaste for female comics

      Ladies? Don't make him laugh. Asked who his favorite female comics were Thursday at a Cannes Film Festival press conference, Jerry Lewis listed Cary Grant and Burt Reynolds. He then added: "I don't ...

    • ‘Teen Mom’ Farrah Abraham teaches teenage girls a very bad lesson

      “Teen Mom” and “Backdoor Teen Mom” star Farrah Abraham has successfully taught teenage girls everywhere a very bad lesson: If you get pregnant as an unwed teenager, star in a reality show, then a porno, you, too can be super famous!

    • Police recover backpacks of 2 kidnapped Iowa girls

      DES MOINES, Iowa (AP) — Investigators searching for a 15-year-old Iowa girl who was abducted this week have recovered her backpack along with one belonging to a 12-year-old who escaped from the kidnapper.

    Loading...

    Follow Yahoo! News