TORONTO (AP) — Toronto Mayor Rob Ford denied Friday that he smokes crack cocaine and said he is not an addict after a video purported to show him using the drug. The mayor of Canada's largest city did not say whether he has ever used crack.

Read more here: Toronto mayor denies he smokes crack cocaine

By Tony Jimenez VIRGINIA WATER (Reuters) – Luke Donald, the PGA Championship winner in 2011 and 2012, missed the cut after returning a level-par 72 for a six-over total of 150 at Wentworth on Friday. The real damage was done in Thursday’s opening round when the world number six collapsed to a six-over 78 in cold, damp conditions at the European Tour’s flagship event. The weather was no better for the second round and Donald suffered an early blow when he took a double-bogey five at the second. …

Read more here: Donald bemoans 'terrible' display as he exits PGA

One of the most common problems that annoyed early Xbox 360 adopters was the appearance of the “red ring of death,” a flashing red light on the console’s start button indicating that its hardware was essentially fried and would need to be sent to Microsoft to be replaced. But Microsoft Game Studios vice president Phil Spencer tells Edge that the company has learned its lessons and that the new Xbox One will not experience hardware failures on a mass scale like the Xbox 360 did. In particular, Spencer noted that Microsoft’s success rate on the more recently released Xbox 360 Slim was “very high” and said that the same team behind the Slim also built the Xbox One, so chances are very good that the

Read more here: Microsoft vows Xbox One won’t be struck by ‘red ring of death’

(Updates after Donald misses cut) By Tony Jimenez VIRGINIA WATER, England, May 24 (Reuters) – Luke Donald, the PGA Championship winner in 2011 and 2012, missed the cut after returning a level-par 72 for a six-over total of 150 at Wentworth on Friday. The real damage was done in Thursday’s opening round when the world number six collapsed to a six-over 78 in cold, damp conditions at the European Tour’s flagship event. The weather was no better for the second round and Donald suffered an early blow when he took a double-bogey five at the second. …

Read more here: Golf-Donald bemoans `terrible' display as he exits PGA

The 1,300 residents of Cavalier, N.D., may be breathing a little easier Thursday, as the threat that their town would be submerged in floodwaters began to abate.

Read more here: In soggy North Dakota, hopes rise that floodwaters won't

May 24 (Infostrada Sports) – Scores from the European Tour PGA Championship at the par-72 course on Friday in Wentworth. The cut was set at 146. …

Read more here: Golf-European Tour PGA Championship scores

NEW YORK (AP) — Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.

Read more here: Stocks barely budge; market ends week with loss

(Reuters) – Canadian Graham DeLaet succumbed to the infamous 'Horrible Horseshoe' but rebounded with two closing birdies to move into an early one-shot lead in Friday's second round of the Crowne Plaza Invitational in Fort Worth, Texas. In pursuit of his first PGA Tour victory, the 31-year-old from Saskatchewan put a welcome smile back on his face as he carded a three-under-par 67 in overcast conditions at Colonial Country Club to post a nine-under total of 131. …

Read more here: Canada's DeLaet sets Colonial pace with strong finish

WASHINGTON (AP) — No one answered the tax-help hotline at the IRS on Friday. And you could forget about getting advice on avoiding foreclosures at the 80 Housing and Urban Development field offices nationwide.

Read more here: Furlough Friday: Unpaid day off for many in gov't

Here's a look at Netflix since its stock peaked in July 2011 at nearly $305. Netflix had just announced an unpopular price increase in the U.S., and investors got worried by the intensity of the customer backlash. Even after subscriber complaints subsided, investors remained concerned about intensifying competition at the same time the company is spending more to acquire Internet content and expand abroad. Despite those concerns, Netflix has been staging a comeback. Another boost is expected from Sunday's revival of the “Arrested Development” TV series.

Read more here: A look at Netflix since stock plunged from peak