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Following a solid start to the year, signs emerged Wednesday that the 19-country eurozone economy is losing some traction.
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Greece makes IMF payment but another, bigger one looms

Elena Becatoros, Associated Press  |  posted 53 minutes ago
With Greece's cash flow problems growing by the day and negotiations with its creditors on the ropes, Athens managed to make a 200 million euro ($222 million) repayment to the International Monetary Fund on Wednesday.
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EU plan hopes to help tech companies compete with US giants

Lorne Cook and Raf Casert, Associated Press  |  posted May 6th - 5:40am
The European Union unveiled Wednesday a long-term strategy to help its technology companies compete with U.S. giants like Google and Amazon by unifying the continent's digital sector and taking a hard line on abuses by dominant firms.
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Kerry says he'll discuss pause in Yemen war with Saudis

Bradley Klapper, Associated Press  |  posted May 6th - 5:32am
U.S. Secretary of State John Kerry said Wednesday he'll discuss with Saudi Arabian officials how to implement a "humanitarian pause" in Yemen's civil war, citing increased shortages of food, fuel and medicine that are adding to a crisis that has already caused thousands of people to flee to neighboring countries.
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Michigan voters defeat tax hike in debate over road funding

David Eggert, Associated Press  |  posted May 6th - 4:20am
Gov. Rick Snyder and lawmakers will be forced to consider yet another alternative to address Michigan's deteriorating roads after voters' resounding rejection of a ballot measure that would have increased taxes to pump $1.2 billion a year more into transportation infrastructure.
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US productivity drops at 1.9 percent rate in first quarter

Josh Boak, Associated Press  |  posted 12 minutes ago
U.S. worker productivity declined in the first three months of the year as labor costs jumped, reflecting a slowdown in growth.
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GlaxoSmithKline opts to hold on to HIV business

The Associated Press  |  posted 23 minutes ago
British-based drugmaker GlaxoSmithKline has opted to keep its stand-alone HIV business as it set out its strategy following the completion of its recent deal with Switzerland's Novartis.
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Alexion Pharma to pay $8.4 billion for Synageva BioPharma

The Associated Press  |  posted 43 minutes ago
to buy Synageva BioPharma, a fellow rare disease treatment developer with no products on the market that booked a first-quarter loss of nearly $60 million.
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Philippines says notorious bomb-maker killed by rebels

The Associated Press  |  posted 52 minutes ago
A Filipino bomb-maker who was one of the country's top terror suspects was killed by Muslim rebels who earlier signed a peace deal with the government, the Philippine military said Wednesday.
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UK 'flash crash' trader: I was just good at my job

The Associated Press  |  posted May 6th - 5:40am
A British financial trader accused of setting off a "flash crash" in U.S. stocks in 2010 from his London home claims he was just good at his job.
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Austria: Train collision kills 1, at least 1 seriously hurt

The Associated Press  |  posted May 6th - 5:40am
Austrian railway officials say two passenger trains have collided head-on near the southern city of Graz, killing one person and leaving at least another seriously injured.
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Nearly 3 dozen intend to sue Metro-North over deadly crash

The Associated Press  |  posted May 6th - 5:30am
Metro-North Railroad has heard from nearly three dozen potential plaintiffs who intend to sue over a deadly train collision that killed six people.
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Texas senior living company expanding into Louisiana

The Associated Press  |  posted May 6th - 5:00am
Avanti Senior Living says it will break ground later this year on a $20 million community in Baton Rouge and a $15 million development in Lafayette.
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Welch Allyn continues acquisitions, buys scale maker

The Associated Press  |  posted May 6th - 4:40am
Welch Allyn continues to adjust to the rapid changes occurring in health care.
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Iran to release seized Maersk vessel after it pays fine

Amir Vahdat, Associated Press  |  posted May 6th - 4:21am
A Marshal Islands-flagged cargo vessel seized by Iranian forces as it was traversing the Strait of Hormuz last month will likely be released in two days, after it pays a fine, Iran's Foreign Ministry spokeswoman said Wednesday.
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