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Merck beats Street 3Q forecasts, hikes 2016 profit forecast

The Associated Press  |  Posted  Oct 25th - 5:51am

Higher sales of vaccines and prescription medicines for cancer and other diseases helped Merck & Co. post a 20 percent jump in third-quarter profit, easily beating Wall Street expectations.

Global stocks mostly rise on upbeat economic data

Youkyung Lee, Associated Press  |  Posted  Oct 25th - 5:30am

Global stocks mostly rose Tuesday amid upbeat economic reports and relatively strong corporate earnings.

British government say it will support plan to create new runway at London's Heathrow airport

The Associated Press  |  Posted  Oct 25th - 4:40am

British government say it will support plan to create new runway at London's Heathrow airport.

Japan faces ballooning bill to deal with Fukushima meltdowns

Yuri Kageyama, Associated Press  |  Posted  Oct 25th - 4:40am

Japan's bill for dismantling the Fukushima nuclear plant is ballooning far beyond the utility's estimate of 2 trillion yen ($19 billion).

Chinese firm says it did all it could ahead of cyberattack

Gerry Shih, Associated Press  |  Posted  Oct 25th - 4:31am

A Chinese electronics maker that has recalled millions of products sold in the U.S. said Tuesday that it did all it could to prevent a massive cyberattack that briefly blocked access to websites including Twitter and Netflix.

German businesses upbeat despite bank woes, British EU exit

The Associated Press  |  Posted  Oct 25th - 3:50am

German businesses were more optimistic in October, shrugging off woes at the countries' biggest banks and the implications of Britain's vote to leave the European Union.

Troubled Italian bank unveils overhaul plan to stay afloat

Colleen Barry, Associated Press  |  Posted  Oct 25th - 3:30am

Troubled Italian bank Monte dei Paschi di Siena unveiled Tuesday a restructuring plan that will include new management, thousands of job cuts, hundreds of branch closings and the disposal of soured loans in a bid to entice investors to inject up to 5 billion euros ($5.5 billion) in new capital.

Nissan hiring 300 to develop common connected car technology

Yuri Kageyama, Associated Press  |  Posted  Oct 25th - 2:42am

The top executive overseeing connected vehicles at Nissan and Renault believes the benefits of developing a common technology for connectivity within the Japanese and French auto partnership outweigh the risks of sustaining huge damage from a possible defect or cyberattack.

Obama health plan hit by double-digit premium hikes

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Oct 25th - 2:00am

Premiums will go up sharply next year under President Barack Obama's health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That's sure to stoke another "Obamacare" controversy days before a presidential election.

Washington's version of Silicon Valley startup founders

Tami Abdollah, Associated Press  |  Posted  Oct 25th - 1:41am

The Obama administration's "18F" program to create its own version of a high-tech startup for government digital projects has foundered since its launch in 2014, losing nearly $32 million as its staff spent most of its time on unbillable work, according to a new inspector general report.

Despite warnings, extremely dangerous air bags not repaired

Tom Krisher, Associated Press  |  Posted  Oct 25th - 1:40am

Owners of more than 300,000 Hondas have yet to get their air bags repaired, despite warnings from the automaker and regulators that the inflators have an extremely high chance of rupturing and causing injury or even death.

Tokyo festival produces heartwarming trilogy of Asian films

Yuri Kageyama, Associated Press  |  Posted  Oct 25th - 1:31am

Cannes-winning Brillante Mendoza is among the three directors tapped by the Tokyo International Film Festival to create "Reflections," a trilogy that depicts the intertwining of stories among Asian nations.

Policy Prescriptions: Trump and Clinton on economic growth

Josh Boak, Associated Press  |  Posted  Oct 25th - 1:31am

Few Americans feel satisfied with the state of the U.S. economy, making it a central focus in the presidential election between Democrat Hillary Clinton and Republican Donald Trump.

Trump brand loses luster with affluent

Mae Anderson and Bernard Condon, Associated Press  |  Posted  Oct 25th - 1:11am

Event planner Beth Bernstein decided she had had enough with Donald Trump after his 2005 hot-mic boasts about groping women came to light earlier this month. She removed photos of weddings she had thrown at a Trump hotel in Chicago from her website, wrote to hotel staff to remove her from the list of "preferred vendors" and posted a sort of call to arms on her blog.

Obama reads mean tweets as part of Jimmy Kimmel show

The Associated Press  |  Posted  Oct 25th - 12:50am

President Barack Obama entertained Jimmy Kimmel's audience with some of the mean tweets sent his way, beginning with one sent by Donald Trump in August when he said "President Obama will go down as perhaps the worst president in the history of the United States."

Report: Gunmen still control metals mined for modern gadgets

Brandon Bailey, Associated Press  |  Posted  Oct 25th - 12:42am

Violent gunmen still menace pick-and-shovel miners in eastern Congo, a new report finds, despite years of efforts to loosen their grip by local reformers, Western activists and companies like Apple and Intel that use minerals from the African region in their products.

With every turn of a wrench, Jordanian woman breaks barriers

Karin Laub, Associated Press  |  Posted  Oct 25th - 12:10am

It is graduation day, and Maryam Mutlaq is celebrating her transformation from stay-at-home mom to licensed plumber.

Wyoming power plant developer admits to fraud

The Associated Press  |  Posted  Oct 25th - 12:01am

The developer of a long-delayed power plant in northeast Wyoming has pleaded guilty to misusing federal grant money awarded for the project.

Protesters set up camp in project's path for the 1st time

Blake Nicholson and James MacPherson, Associated Press  |  Posted  Oct 24th - 11:20pm

American Indians and others who oppose the construction of the Dakota Access oil pipeline have set up a new camp on private land in North Dakota, moving their long-running protest directly in the project's path for the first time.

Asian stocks mixed after economic data

Youkyung Lee, Associated Press  |  Posted  Oct 24th - 10:52pm

Asian stocks were mixed on Tuesday as upbeat reports on manufacturing in the U.S. and Europe were followed by weak growth data from South Korea, Asia's fourth-largest economy.