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NEW YORK (AP) — Stocks are mixed in afternoon trading on Wall Street, as investors look over the latest earnings reports. Technology companies are falling after security software maker Symantec announced disappointing first-quarter sales and its forecasts for the rest of the year weren't as good as analysts had hoped. Makers of food and household goods are rising after Kellogg and Clorox reported results that were better than analysts expected.
MADISON, Wis. (AP) — Members of the public are getting a chance to tell Wisconsin lawmakers what they think of a $3 billion tax incentive package that's part of an agreement with Foxconn Technology Group. A Wisconsin state Assembly committee is holding a hearing today. The Taiwanese electronics company has pledged to invest $10 billion on a liquid crystal display panel assembly plant that could employ 13,000 people over six years. The state would borrow more than $250 million to rebuild an interstate near the plant and would waive numerous environmental permit requirements and regulations.
NEW YORK (AP) — TreeHouse Foods will lay off about 375 workers, and close two factories in Minnesota and Indiana, as the packaged food maker cuts costs. The Oak Brook, Illinois, company makes snack bars, cereal and other packaged products under private brands. Like other packaged food companies, TreeHouse has been hurt as more people choose fresh foods.
MONTPELIER, Vt. (AP) — A growing number of police departments across the country are taking action over concerns about carbon monoxide fumes in Ford Explorer patrol vehicles. That's after police in Massachusetts confirmed that an officer who passed out behind the wheel of his cruiser and crashed tested positive for exposure to carbon monoxide. Vermont State Police and several other departments in the Northeast are inspecting their fleets or installing carbon monoxide monitors in the vehicles. At least two departments in Texas have pulled their entire fleets of Ford Explorers off the road.
MEMPHIS, Tenn. (AP) — FedEx says it will forego special charges for most packages shipped during the chaotic holiday season this year as it squares off against rival UPS in a fight for a larger share of the millions of items now bought online. But FedEx will charge extra for packages that are oversized or need special handling. The announcement comes two months after UPS announced new surcharges that will affect shipments near Black Friday and the holidays.
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