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Stronger sales for PepsiCo in 1Q, profits jump

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

Higher prices and stronger drink sales pushed PepsiCo beyond most expectations that Wall Street had about its first quarter.

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.

The Latest: Syrian Kurds seek US-led coalition air cover

The Associated Press  |  Posted   Apr 26th - 4:30am

The Latest on Syria (all times local):

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.

Romania: hundreds of taxis, buses protest Uber

The Associated Press  |  Posted   Apr 26th - 3:01am

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.

AP Explains: Why China's new aircraft carrier is significant

Christopher Bodeen, Associated Press  |  Posted   Apr 26th - 2:40am

China on Wednesday launched the navy's second aircraft carrier, its first to be entirely homebuilt.

Massive Trump tax cuts face big hurdles as debt mounts

Stephen Ohlemacher and Josh Boak, Associated Press  |  Posted   Apr 26th - 2:12am

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.

Daimler profits double on sales of Mercedes E-class, SUVs

David McHugh, Associated Press  |  Posted   Apr 26th - 2:03am

German automaker Daimler AG says net profit doubled in the first three months of the year as the new version of the company's Mercedes-Benz E-Class sedan and its SUV lineup boosted sales.

Different president, same old government shutdown threats

Erica Werner, Associated Press  |  Posted   Apr 26th - 1:44am

There's an unconventional new president in the White House. And the Republicans now have a new lock on both ends of Washington's Pennsylvania Avenue. But the capital city is still up to its old gridlock tricks.

Some high plains farmers struggling after fires, drought

Dan Elliott, Associated Press  |  Posted   Apr 26th - 1:33am

Deep snow is melting into Western mountain streams, but some farmers and ranchers on the high plains are struggling amid a lengthy dry spell and the aftermath of destructive wildfires.

Trump's constant tweeting isn't lifting Twitter's profit

Barbara Ortutay, Associated Press  |  Posted   Apr 26th - 1:22am

You'd think Twitter would be able to milk its status as President Donald Trump's megaphone. But the company still faces stagnant user growth, has never made a profit and may even report a quarterly revenue decline Wednesday, a first since going public.

Credit Suisse to raise $4B in share issue as 1Q reaps profit

The Associated Press  |  Posted   Apr 26th - 12:30am

Swiss bank Credit Suisse has reported a return to profit in its first quarter, while announcing plans to raise about 4 billion Swiss francs by issuing new shares in the coming weeks.

US missile system claims another victim: Hyundai Motor

Youkyung Lee, Associated Press  |  Posted   Apr 26th - 12:21am

Hyundai Motor Co. reported Wednesday more than a 20 percent drop in its first quarter profit as the anti-Korean sentiment in China sparked by the deployment of the U.S. missile defense system battered the Korean carmakers' sales in its biggest auto market.

China launches 1st domestically-made aircraft carrier

Christopher Bodeen, Associated Press  |  Posted   Apr 25th - 10:45pm

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.