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20 minutes ago // Reuters

business Tesla offers more sweeteners to try quell unrest at key German supplier

PRUEM, Germany Reuters - Luxury electric carmaker Tesla has offered more sweeteners to try to quell unrest at a key German supplier, whose founder and chief executive has not been seen at work for weeks, German labor officials said on Wednesday.

35 minutes ago // Reuters

business PepsiCo profit beats but lower margins weigh on shares

Reuters - PepsiCo Inc's quarterly revenue and profit beat estimates on demand for its healthier drinks and snacks and higher pricing in North America, but a contraction in the company's gross margins weighed on shares.

44 minutes ago // The Province

business Anglo-French soccer fraud probe sees raids on teams, arrests

LONDON — Taxe investigators launched a crackdown on suspected fraud in soccer in England and France on Wednesday with arrests and raids on teams after 180 officers were deployed in a far-reaching investigation.

59 minutes ago // VOA

business Indias Planned Investment in Sri Lankas Trincomalee Port Gets a Push

Indias plans to invest in a strategic port in Sri Lanka as a counterbalance to Chinas massive infrastructure investments in the Indian Ocean island country got a push Wednesday as Sri Lankan Prime Minister Ranil Wickremesinghe visited New Delhi. Chinas development of the key Hambantota port in Sri Lanka, which is a gateway to crucial shipping lanes, has raised concerns in New Delhi about Beijings widening naval influence in its neighborhood. In New Delhi, India and Sri Lanka sign

1 hour ago // Reuters

business SEC working 'diligently' on plan to test lower exchange fees

NEW YORK Reuters - The U.S. Securities and Exchange Commission is preparing a proposal for a pilot plan to test how lowering stock exchange fees would affect market quality and the behavior of market participants, a senior official at the regulator said on Wednesday.

1 hour ago // Los Angeles Times

business Stocks hold steady as investors await Trump's tax proposal

Stock markets around the world have made only modest moves Wednesday, waiting to see what President Trump has in store for U.S. tax policy. Stocks have leaped since November, large part because of expectations that lower taxes and looser regulations for businesses are on the way. The White House...

1 hour ago // ABC

business WATCH: Former AOL CEO on worst advice he's ever received

Co-founder and former CEO of AOL, and chairman and CEO of investment firm Revolution LLC, Steve Case shares the worst advice he's ever received in his career on "Real Biz with Rebecca Jarvis"

1 hour ago // Reuters

business Exclusive: Austrian prosecutors investigate Airbus CEO over suspected fraud

VIENNA Reuters - Vienna prosecutors are investigating Airbus Chief Executive Thomas Enders for suspected fraud in connection with a $2 billion Eurofighter jet order by Austria more than a decade ago, the prosecutors' office said.

1 hour ago // Reuters

business JPMorgan beats Madoff customers' appeal

NEW YORK Reuters - JPMorgan Chase & Co is not liable to a group of former customers of Bernard Madoff who blamed the bank for being actively involved in his Ponzi scheme and ignoring red flags of fraud, a federal appeals court ruled on Wednesday.

1 hour ago // The Province

business Higher prices help sales as PepsiCo works to adapt brands

PURCHASE, N.Y. — Higher prices helped lift PepsiCo's sales in the first quarter, as the maker of Doritos, Gatorade and Quaker worked on transforming its lineup of products to keep up with changing tastes.

1 hour ago // The Province

business AT&T sheds more lucrative wireless customers in 1Q

NEW YORK — AT&T Inc. on Tuesday said it lost more of its most lucrative wireless customers during the first three months of the year as the country's biggest mobile carriers try to lure customers from each other with offers of unlimited data plans.

1 hour ago // The Province

business Russia to supply power to rebel-controlled eastern Ukraine

MOSCOW — In a move that further cements Russia's control over parts of eastern Ukraine, Russian officials announced Tuesday that they will begin supplying electricity to separatist-controlled areas in eastern Ukraine after the Ukrainian government cut the power off because of millions in unpaid bills.