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AP News - 9 minutes ago

PURCHASE, N.Y. (AP) — PepsiCo Inc. (PEP) on Wednesday reported earnings that decreased by 2 percent in its second quarter, but beat analysts' expectations.The Purchase, New York-based company said net income fell to $1.98 billion, or $1.29 per s ...more

AP News - 41 minutes ago

LONDON (AP) — Bank of England policymakers are signaling that interest rates are likely to go up only gradually — though debate on the matter seems to be getting hotter.Minutes released Wednesday from their July meeting show the members disagree ...more

AP News - 1 hour ago

BEIJING (AP) — Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized effort by the supplier.< ...more

AP News - 2 hours ago

SEOUL, South Korea (AP) — Global stocks mostly rose Wednesday, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased.Europe markets opened with moderate gains. Britain's FTSE 100 gained 0.2 pe ...more

AP News - 2 hours ago

MADRID (AP) — The Bank of Spain says the country's economy continues to show signs of recovery, growing by 0.5 percent in the second quarter compared with the previous three months.In provisional estimates released Wednesday, the bank raised its ...more

AP News - 3 hours ago

WASHINGTON (AP) — Donald Trump hopes to bring his signature brand of glitz to the nation's capital with a new luxury hotel in the city's third-tallest building.Trump plans to break ground Wednesday on a $200 million hotel that will transform the ...more

AP News - 4 hours ago

SEOUL, South Korea (AP) — LG Display Co. said profit for the April-June quarter more than doubled as a stronger won reduced the value of its foreign debt and the World Cup boosted demand for ultra-high-definition TVs.The South Korean display pan ...more

AP News - 5 hours ago

BERLIN (AP) — Automaker Daimler AG reported a 6 percent increase in second-quarter revenue and confirmed its full-year targets on Wednesday as new models and cost-cutting efforts helped its performance, though net profit declined sharply after a big on ...more

AP News - 11 hours ago

CLEVELAND (AP) — Andrew Wiggins will sign his rookie contract with the Cavaliers. It's still not clear if he'll play for them.A person familiar with the negotiations says the Cavs will sign the No. 1 overall pick to his deal, an agreement that w ...more

AP News - 12 hours ago

REDMOND, Wash. (AP) — Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units — Nokia phones and Bing search — ...more

AP News - 12 hours ago

NEW YORK (AP) — The "Colbert Bump" is becoming contagious.Edan Lepucki, whose novel "California" became a best-seller thanks to a plug from Stephen Colbert, has in turn helped another book catch on.During an interview on Comedy Central's ...more

AP News - 12 hours ago

NEW YORK (AP) — Activist investor Bill Ackman once again denounced weight loss and nutritional supplements company Herbalife as a pyramid scheme, but Wall Street shrugged off his criticism and sent the company's stock soaring 25 percent Tuesday. ...more

AP News - 13 hours ago

WASHINGTON (AP) — The Federal Aviation Administration told U.S. airlines Tuesday they are prohibited from flying to the Tel Aviv airport in Israel for 24 hours following a Hamas rocket explosion nearby. The ban began 12:15 p.m. EDT on Tuesday, the agen ...more

AP News - 13 hours ago

LOS ANGELES (AP) — Discover Financial Services' net income grew 7 percent in the second quarter as credit card spending and overall loans increased from a year ago. The results beat Wall Street's expectations.The credit card issuer and lender sa ...more

AP News - 14 hours ago

NEW YORK (AP) — LinkedIn Corp. is spending $175 million to buy Bizo, a provider of advertising technology and measurement services aimed at professionals.LinkedIn said Tuesday that it is paying 90 percent in cash and the rest in stock for San Fr ...more

AP News - 14 hours ago

WASHINGTON (AP) — Michelle Obama is expanding her push for America to drink more water, as the White House claims partial responsibility for helping to boost nearly $1 million in bottled water sales among consumers since the national "Drink Up" campaig ...more

AP News - 15 hours ago

DEARBORN, Mich. (AP) — Ford's luxury Lincoln division is getting a new president.Kumar Galhotra, Ford's vice president of engineering, will become president of Lincoln on Sept. 1.Ford's global marketing chief, Jim Farley, led Lincoln for ...more

AP News - 15 hours ago

Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle Mexican Grill and the cable giant Comcast surged after reporting better results than Wall Street expected.On Tuesday:< ...more

AP News - 16 hours ago

GAZA CITY, Gaza Strip (AP) — Ibrahim Zain was driven from his home by Israeli tank fire this week, but says he'd rather endure more Israel-Hamas fighting than accept an unconditional cease-fire he fears will leave in place the blockade of the Gaza Stri ...more

AP News - 16 hours ago

The price of corn is falling further as a mix of sunshine, rain and moderate temperatures increases the likelihood of a record crop this year.Corn for delivery in September dropped 3.75 cents, or 1 percent, to $3.68 a bushel on Tuesday.Th ...more

AP News - 16 hours ago

CHICAGO (AP) — Grain futures were lower Tuesday on the Chicago Board of Trade.Wheat for Sept delivery was 5.50 cents lower at $5.2450 a bushel; Sept corn was 3.75 cents lower at 3.6025 a bushel; Dec oats were 1 cent lower at $3.24 a bushel; whil ...more

AP News - 16 hours ago

DEARBORN, Mich. (AP) — Ford says its aluminum-sided F-150 pickup will hold its own against rivals despite its lighter weight.The company revealed details of the new truck Tuesday. The 2015 F-150 4x4 goes on sale this fall and is 732 pounds light ...more

AP News - 16 hours ago

In a sign of increased caution about flying near combat zones, U.S. and European airlines halted flights to Israel Tuesday after a rocket landed near Tel Aviv's Ben Gurion Airport.Delta Air Lines and United Airlines suspended service between the ...more

AP News - 18 hours ago

PHILADELPHIA (AP) — Comcast's second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace and video subscriber losses moderated.The nation's largest cable provider topped Wall Street ...more

AP News - 18 hours ago

RIYADH, Saudi Arabia (AP) — The Saudi government has approved a measure that will open the region's largest stock market to direct foreign investment next year, news that sent the exchange surging Tuesday to its highest level in nearly seven years. ...more

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