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GSK warns of impact from generic drugs after solid Q1

The Associated Press  |  Posted   Apr 26th - 6:33am

GlaxoSmithKline says new products helped first-quarter sales rise 17 percent from the year before but warned that competition from generic drugs may weigh on earnings later this year.

Fiat Chrysler quarterly earnings up by more than a third

The Associated Press  |  Posted   Apr 26th - 6:10am

Carmaker Fiat Chrysler Automobiles says its first-quarter earnings rose by more than a third as performance in Europe and Asia picked up.

Higher prices help lift PepsiCo's sales

The Associated Press  |  Posted   Apr 26th - 6:04am

Higher prices helped lift PepsiCo's sales in the first quarter, as the maker of Doritos, Gatorade and Quaker worked on transforming its lineup of products to keep up with changing tastes.

Reports of dog attacks interrupt Connecticut mail service

The Associated Press  |  Posted   Apr 26th - 6:00am

Some residents of a Connecticut neighborhood aren't receiving their mail at home anymore because a local dog is reportedly biting the mailmen.

Boeing beats 1Q profit forecasts

The Associated Press  |  Posted   Apr 26th - 5:50am

Boeing Co. is reporting a first-quarter profit of $1.45 billion.

Illinois board to consider Hastert's state lawmaker pension

The Associated Press  |  Posted   Apr 26th - 5:50am

Illinois officials are poised to consider the status of the pension Dennis Hastert receives for the time the imprisoned former U.S. house speaker served in the state's General Assembly.

Twitter reports 1Q loss

The Associated Press  |  Posted   Apr 26th - 5:43am

Twitter Inc. is reporting a loss of $61.6 million in its first quarter.

The Latest: Russia: UN didn't say Syria attack site unsafe

The Associated Press  |  Posted   Apr 26th - 5:40am

The Latest on Syria (all times local):

Massive Trump tax cuts face big hurdles as debt mounts

Stephen Ohlemacher and Josh Boak, Associated Press  |  Posted   Apr 26th - 5:33am

President Donald Trump is proposing tax cuts for individuals and businesses even as Washington struggles with mounting debt and the populist president tries to make good on promises to bring jobs and prosperity to the middle class.

Italy prepares bridge loan to keep Alitalia flying

The Associated Press  |  Posted   Apr 26th - 5:33am

Italy's economic development minister says that failing airline Alitalia will receive a government bridge loan to keep it operational while a new owner is sought.

Romania: hundreds of taxis, buses protest against Uber

The Associated Press  |  Posted   Apr 26th - 5:20am

Some 200 taxis and buses have parked outside the government offices in Romania's capital, Bucharest, demanding that Uber and other online taxi services be outlawed in the country.

As Dubai focuses on future, cybersecurity a growing concern

Jon Gambrell, Associated Press  |  Posted   Apr 26th - 5:02am

As Dubai races toward a future of self-driving cars and drones filling up its high-rise-studded skyline, cybersecurity is becoming a growing concern in a region replete with examples of cyberattacks.

Germany raises 2017 growth forecast to 1.5 percent

The Associated Press  |  Posted   Apr 26th - 4:51am

The German government slightly raised its growth forecast this year for the country's economy, Europe's biggest, to 1.5 percent on Wednesday. It predicted that the economy will expand by 1.6 percent in 2018.

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

The Associated Press  |  Posted   Apr 26th - 4:50am

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

EU launches talks to defend work, living conditions

The Associated Press  |  Posted   Apr 26th - 4:50am

The European Union is launching talks with unions and employers to ensure that people's work and living conditions are protected as they turn to alternative jobs like self-driving taxis or fast food deliveries.

Officials: I-85 repairs in Atlanta to cost up to $16.6M

The Associated Press  |  Posted   Apr 26th - 4:50am

State officials have announced that rebuilding the collapsed section of Interstate 85 in Atlanta will cost up to $16.6 million.

Security firm: Cyberattacks against Saudi Arabia continue

Raphael Satter, Associated Press  |  Posted   Apr 26th - 4:11am

Researchers at U.S. antivirus firm McAfee say the cyberattacks that have hit Saudi Arabia over the past few months are continuing, revealing new details about an unusually disruptive campaign.

China launches its first domestically-made aircraft carrier

Christopher Bodeen, Associated Press  |  Posted   Apr 26th - 4:02am

China has launched its first aircraft carrier built entirely on its own, in a demonstration of the growing technical sophistication of its defense industries and determination to safeguard its maritime territorial claims and crucial trade routes.

AP Photos: Chernobyl's ghost town draws daring visitors

The Associated Press  |  Posted   Apr 26th - 3:51am

A bulletin board in the Ukrainian town of Pripyat still bears an edition of the Sovietsky Patriot newspaper, dated three days before the nuclear explosion that turned the city into one of the world's most baleful ghost towns.

Global stocks mixed as investors await Trump tax cut plan

Youkyung Lee, Associated Press  |  Posted   Apr 26th - 3:22am

Shares were mixed in Europe on Thursday after another day of gains in Asia as investors awaited U.S. President Donald Trump's announcement on tax cuts that could give a boost to U.S. companies and household spending.