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Gap first-quarter profit rises 43 percent

(Reuters) - Gap Inc <GPS.N> reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and growth in Asia.Full story

Abandon ship: Budget cuts force Fleet Week to skip NYC

Missing from the streets of New York City this week: A sea of men in uniform. The city's famed Fleet Week, scheduled to run May 23-30 this year, was canceled due to sequestration. Full story

Navy dolphins find old, rare  torpedo.

  Two dolphins from the US Navy’s Marine Mammal Program taking part in a training exercise discover a Howell Torpedo dating back to the late 1800s, buried in the ocean floor. Operation supervisors Braden Duryee and Chris Harris describe the find.  

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Articles

Navy Dolphin Finds Rare 130-Year-Old Torpedo

As victims multiply, military laments ‘no silver bullet’ to sexual assault

Navy pilot earns degree in combat zone

U.S. Navy SEAL dies in Fort Knox training accident

NYT: Russia sends advanced missiles to aid Assad in Syria

RI man pleads guilty in Navy kickbacks case

Ahead of the Bell: Gap

US launches drone from aircraft carrier

Top U.S. admiral puts cyber security on the Navy's radar

Naval Exercises Take Deadly Toll on Dolphins: Op-Ed

Video

  Hawaii history: Remembering Pearl Harbor

Hawaii is full of history, especially at one of its most popular and humbling sites, Pearl Harbor. TODAY’s Matt Lauer pays a visit to the place where a very dark day in American history began.

  Fires threaten thousands of California homes

Nearly 1,000 firefighters are using a combination of ground teams and air attacks to keep wildfires from destroying homes in Southern California. Miguel Almaguer reports.

  Obama resists call to wear football helmet

While posing for pictures with the Army and Air Force football players on Friday, President Obama was offered a Navy helmet but he was wary of putting “stuff on your head,” especially when one is President. NBC’s Brian Williams reports.

  85-year-old WWII vet graduates high school

An 85-year-old Oklahoma man, who left school at 16 and enlisted in the Navy to support his famly during World World II, finally earned his high school dilpoma after months of studying. KJRH’s Max Resnik reports.

  NBC News Headlines 04-09-13

More tought talk from North Korea; New weapon unveiled by US Navy; and Louisville takes home the championship

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US-POLITICS-OBAMA-ACADEMY-GRADUATION

US President Barack Obama delivers the commencement address during the US Naval Academy the graduation ceremony at the Navy-Marine Corps Memorial Stadium on May 24, 2013 in Annapolis, Maryland. Obama spoke about sexual abuse cases in the armed forces. AFP PHOTO/Mandel NGANMANDEL NGAN/AFP/Getty Imag

A U.S. Navy serviceman looks out of a window above a naval insignia at the hangar during a tour of the USS Nimitz aircraft carrier on patrol in the South China
A U.S. Navy serviceman looks out of a window above a naval insignia at the hangar during a tour of the USS Nimitz aircraft carrier on patrol in the South China

A U.S. Navy serviceman looks out of a window above a naval insignia at the hangar during a tour of the USS Nimitz aircraft carrier on patrol in the South China Sea May 23, 2013. REUTERS/Edgar Su (Tags: MILITARY MARITIME)

Members of Philippines Navy's Naval Special Warfare Group sniper unit wear their camouflage gear during the Navy's 115th anniversary celebrations in Fort San Felipe
Members of Philippines Navy's Naval Special Warfare Group sniper unit wear their camouflage gear during the Navy's 115th anniversary celebrations in Fort San Felipe

Members of Philippines Navy's Naval Special Warfare Group sniper unit wear their camouflage gear during the Navy's 115th anniversary celebrations in Fort San Felipe, Cavite city, southwest of Manila May 21, 2013. REUTERS/Erik De Castro (PHILIPPINES - Tags: ANNIVERSARY MILITARY)

Perspiration is seen on the face of a member of Philippine Navy's Special Operations Group takes part in the Navy's 115th anniversary celebrations in Fort San Felipe
Perspiration is seen on the face of a member of Philippine Navy's Special Operations Group takes part in the Navy's 115th anniversary celebrations in Fort San Felipe

Perspiration is seen on the face of a member of Philippine Navy's Special Operations Group , as he takes part in the Navy's 115th anniversary celebrations in Fort San Felipe, Cavite city, southwest of Manila May 21, 2013. REUTERS/Erik De Castro (PHILIPPINES - Tags: ANNIVERSARY MILITARY)