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PepsiCo 3Q results beat Street; raises full-year guidance

The Associated Press  |  Posted  Sep 29th - 5:40am

PepsiCo, free of last year's entanglements in beleaguered Venezuela, reported soaring third-quarter profits that breezed past almost all expectations.

Stocks rise on OPEC production agreement; oil rally fades

Kelvin Chan, Associated Press  |  Posted  Sep 29th - 5:40am

Energy stocks led most markets higher on Thursday after OPEC nations reached a preliminary deal to cut oil production for the first time in eight years. The price of crude, which shot up about 5 percent on Wednesday's news, edged back slightly.

75,000 could starve to death in Nigeria after Boko Haram: UN

Michelle Faul, Associated Press  |  Posted  Sep 29th - 5:40am

As many as 75,000 children will die over the next year in famine-like conditions created by Boko Haram if donors don't respond quickly, the U.N. Children's Fund is warning. That's far more than the 20,000 people killed in the seven-year Islamic uprising.

EU takes Germany to court over road toll system

The Associated Press  |  Posted  Sep 29th - 5:10am

The European Commission is taking Germany to court over its road toll system for private vehicles, claiming that the scheme is discriminatory.

Renault-Nissan CEO at Paris auto show: Diesel isn't dead yet

The Associated Press  |  Posted  Sep 29th - 4:50am

Renault-Nissan CEO Carlos Ghosn isn't ready to give up on diesel — though he admits that tougher emissions rules emerging from the Volkswagen scandal are a boon to his company's bet on electric cars.

A look at Hungary's referendum on EU refugee quotas

Pablo Gorondi, Associated Press  |  Posted  Sep 29th - 4:40am

Hungarians will vote Sunday in a referendum which Prime Minister Viktor Orban hopes will give his government the popular support it seeks to oppose any future plans by the European Union to resettle asylum seekers among its member states. Here's a look at what's at stake:

New satellite channel to be talk radio for music fans

The Associated Press  |  Posted  Sep 29th - 4:30am

It seems like a contradiction in terms, but the SiriusXM satellite radio network is launching a talk channel devoted to music.

Romanian capital to get subway line to airport by 2022

The Associated Press  |  Posted  Sep 29th - 4:11am

The city council of Romania's capital, Bucharest, has approved a one billion-euro ($1.12 billion) project to build a subway connecting the city to the main airport.

Saudi Arabia may still fight back against 9/11 lawsuit bill

Aya Batrawy, Associated Press  |  Posted  Sep 29th - 4:00am

Saudi Arabia's lobbying and warnings to Congress were not enough to blunt the passing of legislation allowing families of Sept. 11 victims to sue the kingdom for the attacks.

Germany's Commerzbank to cut 7,300 jobs in restructuring

The Associated Press  |  Posted  Sep 29th - 3:51am

German lender Commerzbank says it expects to cut a net 7,300 full time jobs as part of a restructuring to concentrate on its core businesses.

Correction: Algeria-Oil Prices story

The Associated Press  |  Posted  Sep 29th - 3:20am

In a story Sept. 29 about OPEC's deal to curb oil production, The Associated Press misspelled the Algerian energy minister's name. It is Noureddine Boutarfa, not Bouarfaa.

Automakers show off electrics at Paris show

The Associated Press  |  Posted  Sep 29th - 3:10am

Global automakers are showing off new electric vehicles at the Paris auto show as they look ahead to a world of tighter environmental standards on emissions.

Ex-concert promoter faces prison in $200 million fraud

The Associated Press  |  Posted  Sep 29th - 3:00am

A former South Florida concert promoter who staged tours for major acts such as the Rolling Stones, Elton John and Aerosmith is facing prison for what prosecutors say was a $200 million fraud scheme.

Ferrari's new LaFerrari: Fast, ferocious hybrid

The Associated Press  |  Posted  Sep 29th - 2:50am

Fast, ferocious-looking and environmentally conscious, too — that's Ferrari's new limited edition model LaFerrari Aperta convertible.

Napa winemakers harvesting red grapes expect better flavor

Eric Risberg, Associated Press  |  Posted  Sep 29th - 2:40am

Driving north through the Napa Valley before sunrise, portable lights like spaceships illuminate workers in the vineyards. The smell of fermentation and grapes fill the air — the annual wine harvest is underway.

Neighbors anxious after Florida sinkhole contaminates water

Tamara Lush and Jason Dearen, Associated Press  |  Posted  Sep 29th - 2:31am

Neighbors of a huge sinkhole sending cascades of contaminated water and fertilizer plant waste into Florida's main drinking-water aquifer are fearful and fuming that it took weeks for them to be notified about the disaster.

Danish drug maker Novo Nordisk to lay off 1,000 employees

The Associated Press  |  Posted  Sep 29th - 2:20am

Danish drug maker Novo Nordisk says it plans to lay off some 1,000 employees globally to reduce operating costs because of "a challenging competitive environment, especially in its large U.S. market."

Clinton vows to retaliate against foreign hackers

Tami Abdollah, Associated Press  |  Posted  Sep 29th - 2:00am

Hillary Clinton is vowing anew to respond to foreign hacking the same as any other attack against the United States. When she openly blamed Russia for recent U.S. cyber break-ins, Donald Trump wondered whether to blame overseas governments or overweight hackers working from home.

Congress tied up in partisan knots over the most basic duty

Erica Werner, Associated Press  |  Posted  Sep 29th - 1:53am

Acutely partisan and all but dysfunctional, Congress has completed its most elementary task after an intense weekslong struggle, finalizing a deal to fund the government just days ahead of a shutdown deadline.

Obama saw override coming, but still it stung

Kathleen Hennessey, Associated Press  |  Posted  Sep 29th - 1:50am

The White House saw it coming, but still it stung.