- PepsiCo beats Street 3Q forecasts
PURCHASE, N.Y. (AP) — PepsiCo Inc. (PEP) on Tuesday reported third-quarter net income of $533 million.
- Top EU court rules data sharing pact with US invalid
LUXEMBOURG (AP) — The European Union's highest court ruled Tuesday that an agreement that allows companies to freely transfer data to the U.S. is invalid as it does not adequately protect consumers.
- New VW chief to brief workers on fallout from scandal
WOLFSBURG, Germany (AP) — Volkswagen workers are gathering to hear new chief executive Matthias Mueller brief them on the fallout from the company's emissions scandal.
- For Volkswagen, costs of scandal will be piling up
FRANKFURT, Germany (AP) — For Volkswagen, the cost of its cheating on emissions tests in the U.S. is likely to run into the tens of billions of dollars and prematurely end its long-sought status as the world's biggest carmaker.
- A multigenerational hit: Student debt traps parents and kids
WASHINGTON (AP) — A college degree practically stamped Andres Aguirre's ticket to the middle class. Yet at age 40, he's still paying the price of admission.
- World stocks up on hopes for Japan stimulus, Fed hike delay
HONG KONG (AP) — Japan led world stock markets higher Tuesday on hopes for new stimulus from its central bank while investors were also buoyed by the prospect that the Federal Reserve will wait until next year to raise interest rates.
- US group: Put Alibaba site back on "notorious" fakes list
HONG KONG (AP) — A clothing and shoe industry group is calling for the U.S. government to put Chinese e-commerce giant Alibaba's Taobao site back on its list of "Notorious Markets" for counterfeit goods.
- Nasty Air France labor dispute drags in French government
PARIS (AP) — France's prime minister paid a hasty visit to the Air France headquarters a day after two executives were sent fleeing from a meeting with union activists, who singled them out and ripped off their suit jackets and shirts.
- German factory orders down 2nd straight month in August
BERLIN (AP) — German factory orders dropped for the second consecutive month in August, led by a drop in demand from countries outside the eurozone and lower demand at home.
- Trade agreement could cause rift in political camps
WASHINGTON (AP) — An ambitious trade pact involving the United States and 11 other nations is a major victory for President Barack Obama but has the potential to create a rift among Democrats and cause friction with a key base of their political support, the nation's labor unions.