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AP News - 13 mins ago

WASHINGTON (AP) — U.S. consumer confidence fell this month to the lowest level in four months, knocked down by a slowdown in hiring.The Conference Board says its consumer confidence index fell to 95.2 in April from 101. 4 in March, the lowest re ...more

AP News - 13 mins ago

NEW YORK (AP) — Concert promoter and ticket seller Live Nation said Tuesday that it bought a controlling stake in annual music festival Bonnaroo.The purchase will boost Live Nation's portfolio of music festivals, which attract hundreds of thousa ...more

AP News - 14 mins ago

WASHINGTON (AP) — Frustrated that cars recalled for serious safety defects aren't getting fixed quickly enough, the nation's auto safety chief will host a gathering of automakers Tuesday to search for solutions.In some recalls for problems as se ...more

AP News - 16 mins ago

Drugmaker Merck & Co. easily beat Wall Street expectations despite first-quarter profit plunging 44 percent, hurt by the sale of its consumer health business, unfavorable currency exchange rates and competition to some drugs.The maker of Typ ...more

AP News - 1 hour ago

WASHINGTON (AP) — Frustrated that cars recalled for serious safety defects aren't getting fixed quickly enough, the nation's auto safety chief will host a gathering of automakers Tuesday to search for solutions.In some recalls for problems as se ...more

AP News - 1 hour ago

WASHINGTON (AP) — U.S. home prices rose at a faster pace in February than the previous month, driven by higher sales and a limited supply of available houses.The Standard & Poor's/Case-Shiller 20-city home price index rose 5 percent in Febru ...more

AP News - 1 hour ago

WASHINGTON (AP) — U.S. home prices rose at a faster pace in February than the previous month, driven by higher sales and a limited supply of available houses.The Standard & Poor's/Case-Shiller 20-city home price index rose 5 percent in Febru ...more

AP News - 1 hour ago

MOSCOW (AP) — Russian President Vladimir Putin says his country's economy has weathered the worst effects of its downturn even though it appears headed for a deep recession.In comments reported Tuesday by state news agency RIA Novosti, Putin sai ...more

AP News - 1 hour ago

Aetna has hiked its 2015 earnings outlook beyond analyst expectations after reporting first-quarter net income that jumped 17 percent and also topped forecasts.Its shares climbed more than 2 percent in premarket trading about an hour before the ...more

AP News - 1 hour ago

ATLANTA (AP) — UPS says its first-quarter earnings rose 14 percent to $1.03 billion, as price increases helped offset the effect of the strong U.S. dollar on overseas revenue.The earnings beat Wall Street expectations, but revenue was less than ...more

AP News - 2 hours ago

BRUSSELS (AP) — All new vehicles in the European Union will have to be fitted as of 2018 with a system that automatically calls the emergency services in case of an accident.EU lawmakers on Tuesday decided to make the eCall system mandatory for ...more

AP News - 2 hours ago

DEARBORN, Mich. (AP) — Ford's net income fell 6.5 percent to $924 million in the first quarter, hurt by lower sales and the impact of a stronger U.S. dollar.But the Dearborn-based automaker says the picture should improve as the year progresses, ...more

AP News - 2 hours ago

NEW YORK (AP) — Pfizer overcame a strong dollar and patent expirations to beat Wall Street projections for the first quarter, though it cut its outlook for the year citing both.The company's guidance on revenue for 2015 includes a negative impac ...more

AP News - 2 hours ago

PARIS (AP) — China now boasts more land dedicated to wine-making vineyards than France as it tries to satisfy a rapid rise in local demand.China's vineyards grew to 800,000 hectares (1.9 million acres) last year, putting it behind No. 1 grower S ...more

AP News - 2 hours ago

BERLIN (AP) — Google says it will give European publishers 150 million euros ($162.33 million) to help them adapt to the challenge of selling news online.The Internet giant has had a rocky relationship with the European publishing industry, whic ...more

AP News - 2 hours ago

LONDON (AP) — Greek shares outperformed their European counterparts Tuesday amid mounting hopes of a breakthrough in the country's tortuous discussions with creditors. Elsewhere, profit-taking and jitters ahead of a run of U.S. data and the start of th ...more

AP News - 3 hours ago

MOSCOW (AP) — Russia's space agency postponed the docking of a cargo ship with the International Space Station on Tuesday because of problems with the unmanned spacecraft.The Progress M-27M was launched Tuesday from the Baikonur Cosmodrome in Ka ...more

AP News - 3 hours ago

HARTFORD, Conn. (AP) — Aetna Inc. (AET) on Tuesday reported first-quarter net income of $777.5 million.On a per-share basis, the Hartford, Connecticut-based company said it had profit of $2.20. Earnings, adjusted for amortization costs and non-r ...more

AP News - 3 hours ago

LONDON (AP) — Energy company BP reported Tuesday that its first-quarter profit fell 26 percent in the wake of the sharp drop in oil prices, less than many analysts had feared.The London-based company said net income for the quarter was $2.6 bill ...more

AP News - 4 hours ago

BEIJING (AP) — China Telecom Ltd., one of China's three main state-owned phone carriers, says its quarterly profit fell 9 percent from a year earlier due to tax changes and a rise in personnel costs.The Beijing-based company said Tuesday it earn ...more

AP News - 5 hours ago

BERLIN (AP) — Deutsche Bank co-CEO Juergen Fitschen went on trial Tuesday along with two of his predecessors, charged with attempted fraud for allegedly colluding to deceive judges in a long-running legal battle with a now-deceased media mogul.T ...more

AP News - 5 hours ago

FRANKFURT, Germany (AP) — German automaker Daimler saw net profit nearly double in the first quarter on strong demand across all major markets for its updated line of Mercedes-Benz luxury cars.Daimler AG said Tuesday that its net profit during t ...more

AP News - 5 hours ago

PARIS (AP) — French energy giant Total SA said Tuesday that its net profit slid 20 percent in the first quarter despite a rise in production as slumping oil prices took their toll.The company said net profit for the quarter was $2.66 billion, do ...more

AP News - 6 hours ago

JOHANNESBURG (AP) — Two trains have collided south of Johannesburg, killing the conductor of one of the trains and injuring about 80 people.A spokesman for ER24 emergency services, Russel Meiring, said the driver of one of the trains was declare ...more

AP News - 6 hours ago

PARIS (AP) — Royal Philips NV, the world's biggest lighting maker, said Tuesday higher restructuring costs wiped out gains from higher sales to reduce first-quarter net profit by 27 percent to 100 million euros ($109 million).Sales rose 14 perce ...more

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