PepsiCo Inc. reports on its 3rd qtr Thursday; analysts expect soft drink sales to keep fallingMILWAUKEE — Soft drink and snack maker PepsiCo Inc. reports earnings for its fiscal third quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period. US troops set up field hospital, ramp up Indonesia quake reliefPADANG, Indonesia — The U.S. military is ramping up aid to victims of a deadly earthquake that made hundreds of thousands homeless on Sumatra island — its largest relief operation in Muslim-majority Indonesia since the 2004 tsunami. California Gov. Schwarzenegger says he endorses goals of administration health overhaulWASHINGTON — California Gov. Arnold Schwarzenegger praised President Barack Obama’s drive to overhaul the nation’s health care system on Tuesday and urged fellow Republicans to join in efforts to finish the job this year. Boeing to record $1 billion 3rd-quarter charge due to 747-8 program, market conditionsCHICAGO — Boeing said Tuesday it expects to record a charge of $1 billion in the third quarter due to higher costs in its 747-8 program and difficult market conditions. Rich circus showman says trip to space station worth “every penny” of $35 million he paidCAPE CANAVERAL, Fla. — The rich circus showman who bought a $35 million ticket to the International Space Station said Tuesday it’s been worth every penny — and more. Dollar tumbles after Australia raises rate, signaling more hikes to come; UK report spooksNEW YORK — The dollar tumbled Tuesday, hitting a 14-month low against the Australian currency and circling year lows against the euro, after an interest rate increase from the Australian central bank signaled other countries might increase their rates. Stocks jump as investors continue rally into second day; weak dollar fans commoditiesNEW YORK — Investors rushed into stocks for a second day amid signs that the global economy is recovering and as a weak dollar pushed up prices of commodities. Report that oil producers may move away from dollar sends US currency close to year lowsLONDON — The dollar fell Tuesday towards year lows against the euro and the yen after a report that Arab states and other countries were contemplating an end to the U.S. currency’s role in the pricing oil. Stocks jump in morning trading as investors continue rally into second dayNEW YORK — Stocks rose in morning trading Tuesday as investors built further momentum amid fresh signs the global economy is recovering. Canadian media giant Canwest to seek court protection as it restructures its debtTORONTO — Canadian media giant Canwest Global Communications Corp. said Tuesday it will file for bankruptcy protection under a deal with a key group of lenders, as it seeks court approval to restructure its debt. Boeing sees $1 Billion 3Q charge related to 747-8 freighter program, market conditionsCHICAGO — Boeing said Tuesday it expects to record a charge of $1 billion in the third quarter due to higher costs in its 747-8 program and difficult market conditions. Report: Iran plans to install more advanced centrifuges in newly revealed enrichment siteTEHRAN, Iran — Iran plans to install a more advanced type of centrifuge at its newly revealed uranium enrichment site, an Iranian newspaper reported Tuesday, a development certain to add to international concerns about the country’s nuclear work. French president secures transit of military hardware through Kazakhstan on way to AfghanistanASTANA, Kazakhstan — French President Nicolas Sarkozy scored a diplomatic coup Tuesday during a visit to energy-rich Kazakhstan, overseeing an agreement to allow military hardware for French forces fighting in Afghanistan to pass through Kazakh territory and clinching a raft of lucrative energy deals. House panel puts financial overhaul focus on investor protection, supervising investment fundsWASHINGTON — House lawmakers crafting legislation to overhaul the system of financial regulation are focusing on the key elements of investor protection and bringing investment funds under government supervision as they hear the views of regulators, industry officials and investor advocates. UK manufacturing down on the month in August, but car registrations, house prices riseLONDON — Manufacturing output in the United Kingdom fell during August, official statistics showed Tuesday, overshadowing more upbeat data on house prices and car sales and suggesting economic recovery will be slow. Australian central bank lifts interest rate by quarter point, optimistic on economySYDNEY — Australia’s central bank unexpectedly raised interest rates by a quarter point Tuesday, becoming the first major economy to increase the cost of borrowing amid signs its recovery from the global slump is gaining momentum. World markets buoyed by recovery hopes as Australia’s bank raises interest rates
Police break up hundreds of people protesting against the IMF in IstanbulISTANBUL — Turkish police used water cannons, tear gas and pepper spray on Tuesday to disperse hundreds of demonstrators protesting against the annual meetings of the International Monetary Fund and World Bank held in Istanbul. World markets higher as US services sector improves, Australia hikes interest ratesBANGKOK — World stock markets rose Tuesday after the U.S. service sector, a mainstay of the world’s No. 1 economy, showed growth for the first time in a year and Australia raised interest rates as its recovery strengthens. Obama directs government to lead by example on global warming, oil useWASHINGTON — President Barack Obama wants the federal government to set the example when it comes to global warming. Agriculture secretary: Struggling US dairy industry must be restructured to stabilize pricesBATH, S.D. — The struggling U.S. dairy industry must be restructured to avoid cycles of boom and bust, Agriculture Secretary Tom Vilsack said Monday, less than a week after Congress announced a $350 million dairy bailout. Samoans who fled to the hills during deadly tsunami plan new lives far away from the seaLALOMANU, Samoa — Samoans who fled to the hills as a deadly tsunami tore through their villages last week began searching for materials to build new homes far above the sea that washed away their dwellings and many loved ones. Asian markets mostly higher as US services sector improves, Australia hikes interest ratesBANGKOK — Asian stock markets mostly rose Tuesday after the U.S. services industry, a mainstay of the world’s No. 1 economy, showed its first growth in a year and Australia’s central bank raised interest rates. Retail group downcast about holidays, and Sept.. may have brought sector its 13th monthly dropNEW YORK — After parents cut back on clothes and accessories for children this past fall, the retail industry suspects they won’t be any more generous by the holidays. Montana jail plan on hold after revelations about lead figure’s pastHARDIN, Mont. — Officials in this remote Montana town have placed plans for a California company to take over a never-used, $27 million jail on hold amid increasing doubts about the legitimacy of the firm. Official: American Samoa coastal park, artifacts at visitors center damaged by tsunamiTAFUNA, American Samoa — The tsunami that rushed ashore last week at the National Park of American Samoa damaged the visitors center, washed away some artifacts inside and forced workers to relocate to a two-bedroom apartment, authorities said Monday. North Korean leader says return to nuclear disarmament parlay hinges on talks with USPYONGYANG, North Korea — North Korea’s leader is offering to return to multinational disarmament talks in a renewed effort to draw Washington into one-on-one talks that the United States has yet to fully embrace. EPA to brief Senate staff on schools’ toxic drinking water supplies following AP storyFRESNO, Calif. — A California senator called on the head of the Environmental Protection Agency on Monday to disclose how the agency plans to address the widespread problem of toxic drinking water in the nation’s schools. Retired Chilean officers get prison for murder of colonel who testified in Croatian arms dealSANTIAGO, Chile — Four former top army officials were sentenced to prison Monday in the murder of a colonel shortly after he testified about an illegal deal to smuggle weapons to Croatia. Health insurers lobbying against softening of requirement for Americans to obtain coverage
|
Topics
Poll Loading ...Latest TweetsIndustries
Latest Friend FeedsIndustries
|
World markets buoyed by recovery hopes
Insurers say coverage penalty has to have bite
