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Headlines From The Associated Press

  • US stock futures climb as earnings reports roll in
    NEW YORK (AP) -- U.S. stock futures pointed higher early Tuesday as more corporate earnings rolled in. Shares in the restaurant chain Chipotle and the cable company Comcast surged after they reported results that were better than Wall Street expected....
  • US consumer prices up 0.3 percent in June
    WASHINGTON (AP) -- U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year....
  • Coke's sales miss estimates as Diet Coke flags
    ATLANTA (AP) -- Coca-Cola Co. reported quarterly sales that fell short of Wall Street estimates on Tuesday as demand remained weak for Diet Coke in North America....
  • McDonald's profit slips; US sales decline
    OAK BROOK, Ill. (AP) -- McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag....
  • Comcast 2Q earnings top views on Internet hookups
    PHILADELPHIA (AP) -- Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated....
  • China meat scandal hits Starbucks, Burger King
    BEIJING (AP) -- A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier accused of selling expired beef and chicken had provided 20 percent of the meat for its chicken nuggets....
  • Detroit retirees back pension cuts by a landslide
    DETROIT (AP) -- A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest public filing in U.S. history....
  • Verizon 2Q profit rises 93 percent
    NEW YORK (AP) -- Verizon reported Tuesday that its second-quarter earnings nearly doubled after it secured full ownership of Verizon Wireless....
  • Marlboro maker Altria's 2Q profit stays flat
    RICHMOND, Va. (AP) -- Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold....
  • Saudi stock market to allow foreign investment
    RIYADH, Saudi Arabia (AP) -- The Saudi government has approved a measure that will open the country's stock market to direct foreign investment next year, news that sent the exchange surging Tuesday to its highest level in nearly seven years....

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