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BC-APFN-Business News Digest

Business News at 5:30 p.m.

The supervisor is Richard Jacobsen (800-845-8450, ext. 1680). For photos, ext. 1900. For graphics and interactives, ext. 7636. Expanded AP content can be obtained from http://www.apexchange.com. For access to AP Exchange and other technical issues, contact customersupport(at)ap.org or call 877-836-9477.

If you have questions about transmission of financial market listings, please call 800-3AP-STOX.

A selection of top photos can be found at: http://bit.ly/APTopPhotos.

All times EDT.

NEW THIS DIGEST:

Adds: FORECLOSURE RATES, HFR, GUN INDUSTRY-CONNECTICUT, PC SALES, MOROCCO-TOURISM, GOOGLE GLASS-INVESTMENTS, MUTUAL FUND FLOWS, GENERAL MOTORS-GOVERNMENT STOCK

Updates: WALL STREET, BUDGET DEFICIT, METRO UNEMPLOYMENT

TOP STORIES:

BRANCH OF THE FUTURE

NEW YORK â¿¿ In an age when checks can be deposited by smartphone and almost everyone retrieves cash from ATMs, the corner bank can seem a relic. But some banking executives say the brick-and-mortar branch is still the best way to serve existing customers and snag new ones. New branches will be hip, airy spaces where customers sign in to ATMs with a tap of their smartphones and talk to off-site tellers by video. They will also help banks replace expensive workers with cheaper machines. By Business Writer Christina Rexrode.

AP photos.

With:

â¿¿ BRANCH OF THE FUTURE-GLANCE

OBAMA BUDGET

WASHINGTON â¿¿ President Barack Obama's $3.8 trillion federal budget would trim Social Security benefits, raise taxes on smokers and devote almost a quarter-trillion dollars in new spending to highway and rail projects, jobs initiatives and early schooling. It would bring this year's automatic spending cuts to an end but offer longer-term reductions in health care programs and the military in a new pitch to Republicans for a "grand bargain" to cut future deficits. By Andrew Taylor and Jim Kuhnhenn.

AP photos, video, audio, interactive

With:

â¿¿BUDGET-AGENCY HIGHLIGHTS, OBAMA BUDGET-TOTALS, OBAMA BUDGET-ECONOMIC ASSUMPTIONS, OBAMA BUDGET-AGENCIES, OBAMA-BUDGET-CHAINED CPI, OBAMA BUDGET-GORESAT

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