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Cost cuts at Coca-Cola go deeper
(AP Photo - Wilfredo Lee)
From Associated Press
April 25, 2017 6:50 AM EST

ATLANTA (AP) — Coca-Cola's sales declined in the first quarter as it restructured its business and the company said Tuesday that it will cut costs further.

DETROIT (AP) — Fiat Chrysler and Google for the first time will offer rides to the public in the self-driving automobiles they are building under an expanding partnership.

PARIS (AP) — The magnate behind LVMH is to incorporate Christian Dior into his luxury goods empire in a multibillion-dollar deal.

LONDON (AP) — Following years of strict budget restraint, particularly in Greece, the level of government borrowing across the 19-country eurozone has fallen to its lowest level since before the most acute phase of the global financial crisis, official figures showed Tuesday.

WASHINGTON (AP) — Bipartisan bargainers are making progress toward a budget deal to prevent a partial federal shutdown this weekend, a major hurdle overcome when President Donald Trump signaled he would put off his demand that the measure include money to build his border wall with Mexico.

GENEVA (AP) — Swiss pharmaceuticals group Novartis says net income fell 15 percent in the first quarter as it continued to adjust to generic competition for its Gleevec leukemia drug and stopped work on a hoped-for treatment for heart failure.

FRANKFURT, Germany (AP) — Europe's strengthening economy dodged a banana peel when a pro-EU candidate won the first round of the French presidential election.

BERLIN (AP) — Ivanka Trump is in Berlin on her first international outing as a White House adviser, where she will join German Chancellor Angela Merkel to discuss ways to encourage women's economic empowerment.

TOKYO (AP) — Shares were higher Tuesday in Europe and Asia as the rally driven by the outcome of France's vote persisted. Hopes for U.S.

PARIS (AP) — Researchers with the Japanese anti-virus firm Trend Micro say the campaign of French presidential front-runner Emmanuel Macron has been targeted by Russia-linked hackers, adding more details to previous suggestions that the centrist politician was being singled out for electronic eavesdropping by the Kremlin.

WASHINGTON (AP) — President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget? A senior administration official confirmed the planned reduction to corporate rates, speaking on condition of anonymity in order discuss details of the plan the president is expected to unveil Wednesday.

WASHINGTON (AP) — The State Department has removed its promotional posting about President Donald Trump's Florida resort, after a storm of ethics criticism.

WASHINGTON (AP) — More than 1,000 U.S. companies, including some of the nation's largest manufacturers, are urging Congress to preserve the 25-year-old Energy Star program to promote efficiency in home and business products.

SHANGHAI (AP) — In a story April 22, The Associated Press reported that General Motors Co. expects annual sales of electric vehicles to reach 150,000 by 2020 and possibly surpass 500,000 by 2025.

JACKSONVILLE, Fla. (AP) — Wells Fargo's top management and board of directors will face irritated investors Tuesday for the first big shareholder meeting since the scandal over the bank's sales practices led to an executive shake-up, fines and a dented reputation.

SAO PAULO (AP) — Grinning in front of the camera, the former CEO of the huge Brazilian builder at the center of the world's biggest corruption scandal spoke frankly about the billions in bribes and illegal financing that the Odebrecht company put into the pockets and campaign coffers of politicians and public officials.

WASHINGTON (AP) — Ivanka Trump's advocacy for women and girls will take her to a conference in Berlin Tuesday, an attention-getting first international outing aimed at building support for investment in women's economic empowerment programs.

TOKYO (AP) — The worldwide surge in share prices sparked by the outcome of France's vote Sunday carried into Asian markets early Tuesday.

WASHINGTON (AP) — The Trump administration moved Monday to impose a 20 percent tariff on softwood lumber entering the United States from Canada, escalating an intensifying trade dispute between the two countries.

LOS ANGELES (AP) — Five days after being fired from his top-rated Fox News Channel perch, Bill O'Reilly used a podcast to express his dismay and vowed that "the truth will come out."

WASHINGTON (AP) — The Senate on Monday confirmed former Georgia Gov. Sonny Perdue to be agriculture secretary in President Donald Trump's administration as the farming industry looks to Washington for help amid a downturn in the market.

DALLAS (AP) — The woman seen sobbing in a viral video after an American Airlines flight attendant took away her stroller now has a lawyer — the same attorney representing a man dragged off a United Express flight earlier this month.

PAWTUCKET, R.I. (AP) — Business for Hasbro is in the toilet, which turns out to be a pretty good place. The toymaker's revenue surpassed that of its rival Mattel for the first time in 17 years thanks in part to hot sales of a new board game called Toilet Trouble.

WASHINGTON (AP) — The Supreme Court on Monday turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ignition switches that one plaintiffs' attorney said could expose the company to billions of dollars in additional claims.