Latest local news, weather, high school sports in the Rio Grande Valley

What do Melinda Gates, Hillary Clinton, Sheryl Sandberg and Beyonce all have in common? They're featured on Forbes' 2013 ranking of the World's 100 Most Powerful Women --our 10th annual look at the heads of state, CEOs, entrepreneurs, philanthropists, celebrities and billionaires who truly matter most.

The worldwide leader in sports is letting some of its employees go. ESPN has confirmed that it's trimming its team, but hasn't said by how much. Employees and state leaders are keeping a watchful eye to see just how far-reaching the cuts will be.

Apple's CEO, Tim Cook is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates. (May 21)

The new 2013 Xbox comes packed with features, marketing itself as more of an entertainment console than a gaming machine. Highlights include a partnership with NFL Networks and a Halo series with Stephen Spielberg.

Pilots and passengers talk about traveling on the first United 787 Dreamliner flight since January, after being grounded for battery problems. the initial flight, from Houston to Chicago, was on May 20, 2013.

Q13 FOX News

The most expensive home for sale in the United States is a 12-bedroom mansion in tony Greenwich, CT, newly listed for $190 million. Jen Markham has the details of the pricey real estate.

Reports indicate Marissa Mayer-led Yahoo is going to buy blogging service Tumblr for $1.1 billion. CBS News contributor and analyst Mellody Hobson discusses the move and what it could mean to the tech world.