PepsiCo to buy its 2 biggest bottlers for $7.8 billion in stock and cashMILWAUKEE — PepsiCo Inc. said Tuesday it is buying its two top bottlers for $7.8 billion in a bid to save money and get new products to market more quickly. The deals were sealed months after PepsiCo’s first offers were rejected and 10 years after PepsiCo first spun off its largest bottler, Pepsi Bottling Group. ‘Cash for clunkers’ gains support in the Senate, could end by Friday unless $2 billion addedWASHINGTON — The Obama administration expressed more confidence Tuesday that Senate Democrats can win over enough Republicans to pass a $2 billion extension of a popular rebate program that gives consumers up to $4,500 to trade in their old gas guzzlers for more fuel-efficient vehicles. Moving van pulls up at Jackson’s Neverland; driver says he’s dropping off undisclosed itemsLOS OLIVOS, Calif. — A moving van has arrived at Michael Jackson’s Neverland Ranch to drop off what the driver says are a few small items. Verified Identity Pass ends operations, sending frequent fliers back to long security linesNEW YORK — Verified Identity Pass, a company that promised to speed passengers through airport security checkpoints for an annual fee, has shut down, leaving some frequent fliers looking for options to avoid long screening lines and wondering what will happen to the personal information and money they gave the company. AP source: Indicted billionaire R. Allen Stanford en route to Texas on fraud chargesWASHINGTON — A law enforcement official says indicted billionaire R. Allen Stanford is en route to Texas to face charges that he ran a $7 billion swindle. Pentagon predicts missiles could hit US homeland if NKorea weapons program continuesWASHINGTON — North Korea’s missiles could hit the United States in as few as three years if the reclusive rogue nation continues to ramp up its weapons system, Pentagon officials said Tuesday. Brazilian military pilots searching for missing Air France jet spot debris in Atlantic OceanFERNANDO DE NORONHA, Brazil — Brazilian military pilots hunting Tuesday for a missing Air France jet spotted an airplane seat, an orange buoy and signs of fuel in a part of the Atlantic Ocean with depths of up to three miles. Brazil’s Navy said three commercial ships in the area were joining the search and France said it would send a ship capable of deep-water exploration. A U.S. spy plane was also diverted from drug interdiction efforts to help with the effort. Brazil air force finds seats, other debris that could be from Air France planeBRASILIA, Brazil — Brazil’s Air Force says it has found airplane seats and other debris floating in the Atlantic Ocean along the path that a missing Air France jet was flying. Banks pull Street from slump after Geithner says ‘vast majority’ of banks have enough capitalNEW YORK — Treasury Secretary Timothy Geithner convinced Wall Street to give banks another chance Tuesday. 17 insurgents killed in AfghanistanKABUL - Seventeen militants were killed in fighting with the US-led coalition troops in Afghanistan, the US military said Wednesday. |
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