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Comcast tops Street 1Q forecasts

The Associated Press  |  Posted   Apr 27th - 5:20am

Comcast Corp. is reporting first-quarter profit of $2.57 billion.

Spy chief urges German firms to take cybersecurity seriously

The Associated Press  |  Posted   Apr 27th - 5:20am

The head of Germany's domestic intelligence agency says companies aren't taking cybersecurity seriously enough at a time when the threat of electronic attacks is rising.

Ford 1Q earnings down on recalls, lower sales; revenue rises

The Associated Press  |  Posted   Apr 27th - 5:10am

Ford Motor Co.'s net income fell by 35 percent to $1.6 billion in the first quarter as results were hit by costly recalls, lower sales and rising prices for steel and other materials.

Southwest misses Street 1Q forecasts

The Associated Press  |  Posted   Apr 27th - 4:50am

Southwest Airlines Co. is reporting first-quarter earnings of $351 million.

Poland signs first deal to buy natural gas from US supplier

The Associated Press  |  Posted   Apr 27th - 4:34am

Poland has signed its first deal to purchase liquefied natural gas from a U.S. supplier, as the country seeks to cut its dependence on deliveries from Russia, officials said Thursday.

UN rights expert to visit Panama after 'Panama Papers' leak

The Associated Press  |  Posted   Apr 27th - 4:30am

The U.N. human rights office says one of its independent experts will travel to Panama next month to investigate tax avoidance and evasion schemes like those revealed by the so-called "Panama Papers" leak.

India bans social media sites to quell unrest in Kashmir

Aijaz Hussain, Associated Press  |  Posted   Apr 27th - 4:21am

Authorities in Indian-controlled Kashmir have banned 22 social media sites in an effort to calm tensions in the disputed region after videos depicting the alleged abuse of Kashmiris by Indian forces fueled protests. But the sites remained online Thursday as the local telecom company struggled to block them.

After Whirlpool battle, Le Pen and Macron clash over fish

John Leicester, Associated Press  |  Posted   Apr 27th - 4:21am

After "the battle of Whirlpool," when Marine Le Pen and Emmanuel Macron both went hunting for France's blue-collar vote at a threatened home appliance factory, the presidential candidates clashed over fish in a return to more traditional campaigning on Thursday.

Eurozone confidence keeps growing but ECB to remain cautious

David McHugh and Pan Pylas, Associated Press  |  Posted   Apr 27th - 4:21am

Further evidence emerged Thursday that the economy in the 19-country eurozone has moved up a gear or two in the early months of the year.

Spain jobless rate at 18.8 percent, halting downward trend

Ciaran Giles, Associated Press  |  Posted   Apr 27th - 3:42am

Spain's unemployment rate edged up slightly to 18.8 percent in the first quarter, partly due to the end of temporary jobs tied to the winter holiday, and interrupting an overall downward trend in recent years.

United raising limit on payments to bumped flyers to $10,000

David Koenig, Associated Press  |  Posted   Apr 27th - 3:33am

United Airlines says it will raise the limit — to $10,000 — on payments to customers who give up seats on oversold flights and will increase training for employees as it deals with fallout from the video of a passenger being violently dragged from his seat.

EU-27 stress they are united heading into Brexit talks

The Associated Press  |  Posted   Apr 27th - 3:30am

The 27 European Union nations head into two years of divorce negotiations with Britain as a solid bloc and say little still needs to be agreed in tough guidelines for their Brexit negotiators which are to be approved at Saturday's summit.

White House says Trump won't immediately pull out of NAFTA

Jill Colvin, Associated Press  |  Posted   Apr 27th - 3:21am

President Donald Trump has told the leaders of Mexico and Canada that he will not pull out of the North American Free Trade Agreement at this time, just hours after administration officials said he was considering a draft executive order to do just that.

World stocks mixed as markets mull Trump's tax plan

Kelvin Chan, Associated Press  |  Posted   Apr 27th - 3:10am

World stock indexes were mixed Thursday as investors assessed the scant details of President Donald Trump's U.S. tax overhaul. Japan's central bank kept its monetary policy unchanged and forecasted steady growth for Asia's No. 2 economy.

Top euro officials eye May agreement on Greek loans

The Associated Press  |  Posted   Apr 27th - 3:10am

Leading European officials hope the deadlock preventing Greece from getting much-needed bailout cash will be broken next month.

Nokia narrows its Q1 loss as sales stagnate; CEO optimistic

The Associated Press  |  Posted   Apr 27th - 2:51am

Suffering from what the CEO described as "a typically seasonally weak quarter," Finland-based networks provider Nokia has reported a first-quarter net loss of €473 million ($515 million)— a slight improvement from the 623 million-euro loss recorded a year ago.

Hot Switch sales boost Nintendo sales, trim quarterly loss

Yuri Kageyama, Associated Press  |  Posted   Apr 27th - 2:42am

Nintendo Co.'s Switch, a new hybrid game machine that works as both a console and a tablet, is selling well, helping the Kyoto-based company behind the Super Mario and Pokemon franchises trim its quarterly losses.

Kia to invest $1.1 billion to build its first India factory

Youkyung Lee, Associated Press  |  Posted   Apr 27th - 2:42am

Kia Motors Co. plans to invest $1.1 billion in India to build its first plant in the world's fifth-largest auto market.

UAE's first solar-powered gas station opens in Dubai

The Associated Press  |  Posted   Apr 27th - 2:30am

A government oil company in the United Arab Emirates says it has opened the country's first solar-powered gas station in Dubai.