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Philly mayor says $5.7M soda tax haul doubles projections

The Associated Press  |  Posted   Feb 23rd - 6:54am

Philadelphia Mayor Jim Kenney says the city's soda tax raised $5.7 million in January, more than double what city officials had projected.

Weekly claims for US unemployment benefits rise to 244,000 but still at low level

The Associated Press  |  Posted   Feb 23rd - 6:35am

Weekly claims for US unemployment benefits rise to 244,000 but still at low level.

Husband of Spain's princess avoids jail while awaits appeal

Aritz Parra, Associated Press  |  Posted   Feb 23rd - 6:20am

The brother-in-law of Spain's King Felipe will avoid imprisonment but must show up in court in Switzerland, where he lives, once per month while he waits for the Supreme Court to rule on an appeal to a fraud and tax evasion guilty verdict, a court ruled Thursday.

Australia's highest-paid public servant quits $4.3M job

Rod McGuirk, Associated Press  |  Posted   Feb 23rd - 6:04am

Australia's highest-paid public servant announced his resignation Thursday, two weeks after the revelation that he made 5.6 million Australian dollars ($4.3 million) last year sparked a public furor and created a political headache for the government.

INFLUENCE GAME: GM bill is self-driving and self-interested

Joan Lowy, Associated Press  |  Posted   Feb 23rd - 6:04am

With states seizing the initiative on shaping the future of self-driving cars, General Motors is trying to persuade legislators across the country to approve rules that would benefit the automaker while potentially keeping its competitors off the road.

Aid group: 13 migrants suffocate in Libya shipping container

Maggie Michael, Associated Press  |  Posted   Feb 23rd - 5:55am

Thirteen African migrants suffocated inside a shipping container while being transported over four days between two Libyan towns, a Red Crescent official said Thursday.

Global stocks steady as Fed minutes fail to sway investors

The Associated Press  |  Posted   Feb 23rd - 5:44am

Global stock markets were trading in narrow ranges Thursday after the minutes to the last policymaking meeting of the Federal Reserve failed to provide much of a steer as to the timing of the U.S. central bank's next interest rate increase.

US musician makes mics in Russia using Kalashnikov machinery

Natalia Suvorova, Associated Press  |  Posted   Feb 23rd - 5:44am

Claims of hacking by the Russian state may be feeding international tensions, but they've given Californian musician David Brown a great icebreaker when selling his line of Russian-made microphones.

Barclays bank ahead of schedule in recovery plan

Danica Kirka, Associated Press  |  Posted   Feb 23rd - 5:23am

Banking group Barclays said Thursday it will complete its restructuring plan six months early as it sheds risky assets and focuses on consumer, corporate and investment banking in New York and London.

France's PSA seeks to be 'European car champion' with Opel

Angela Charlton, Associated Press  |  Posted   Feb 23rd - 5:12am

The chairman of French carmaker PSA Group wants to create a "European car champion" with the purchase of General Motors' European car business and pledged to work with governments and unions worried over job cuts.

Low-cost Norwegian Air promises bargain flights to Europe

The Associated Press  |  Posted   Feb 23rd - 5:00am

Low-cost carrier Norwegian Air Shuttle is promising cheap trans-Atlantic flights when it starts service to Europe this summer from Rhode Island, Connecticut and New York's Hudson Valley.

Penn State graduate assistants petition for union

The Associated Press  |  Posted   Feb 23rd - 4:10am

Penn State graduate student assistants are seeking union representation.

After protest, China says will address army veterans' issues

Christopher Bodeen, Associated Press  |  Posted   Feb 23rd - 3:32am

China's defense ministry said Thursday it expects economic growth and a strengthened social security system to solve problems faced by former soldiers, following reports of new street protests by disgruntled veterans who say they've been denied their promised retirement benefits.

German federal police say British hacker arrested in London

The Associated Press  |  Posted   Feb 23rd - 3:21am

A 29-year-old Briton was taken into custody in London on a European arrest warrant issued by Germany on suspicion of a carrying out a cyberattack on Deutsche Telekom, federal police said Thursday.

North Korean state media say China dancing to US tune

Eric Talmadge, Associated Press  |  Posted   Feb 23rd - 3:21am

North Korea's state-run news agency issued a tough critique of China on Thursday, suggesting Beijing's criticism of the North's recent missile test and suspension of imports of North Korean coal are tantamount to the actions of an enemy state "dancing to the tune of the U.S."

Belgian authorities arrest man over several hoax bomb alerts

The Associated Press  |  Posted   Feb 23rd - 3:10am

Belgian authorities say they have arrested a man over several hoax bomb calls that sparked major security alerts and the evacuation of key buildings.

US, Mexico at odds over deportation as top officials meet

Josh Lederman, Associated Press  |  Posted   Feb 23rd - 3:02am

Mexico's mounting unease and resentment over President Donald Trump's immigration crackdown are looming over a gathering of U.S. and Mexican leaders that the U.S. had hoped would project a strong future for relations between neighbors.

Transport strike snarls traffic in Athens

The Associated Press  |  Posted   Feb 23rd - 2:40am

Metro, urban rail and tram workers in the Greek capital have walked off the job for 24 hours to protest legislation that would allow the Athens transport organization to make commercial use of stations.

Repsol closes 2016 with best net profit in 4 years

The Associated Press  |  Posted   Feb 23rd - 2:20am

Spanish energy company Repsol has reported its best annual earnings in four years as it booked fewer impairment charges related to low oil and gas prices.