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AP Top Business News at 1:00 p.m. EDT

And now it's Comcast vs. the wait for the cable guy
NEW YORK (AP) -- Did you hear the one about the cable company that's actually improving customer service? The punchline: Comcast and its rivals say it's no joke....

As Fed ends meeting, few expect much clarity on next hike
WASHINGTON (AP) -- With consumers spending and employers hiring more freely, the U.S. economy has fared better of late. But when the Federal Reserve ends its latest policy meeting Wednesday, most analysts think it will signal that it wants to see further gains before raising interest rates again....

Coca-Cola cuts sales outlook amid weak international demand
ATLANTA (AP) -- Coca-Cola trimmed its sales outlook for the year Wednesday, citing weakening demand in major international markets including China and part of South America....

Orders for durable goods plunged in June
WASHINGTON (AP) -- Orders to U.S. factories for long-lasting manufactured goods fell in June by the largest amount in nearly two years, reflecting a big decline in the volatile category of commercial aircraft and broad weakness across a number of other areas. The key category that tracks business investment eked out a small gain....

US stock indexes slip; Apple jumps on strong earnings
NEW YORK (AP) -- Stocks were moving mostly lower in late morning trading Wednesday as gains in technology stocks like Apple were offset by declines in consumer staples makers including Coca-Cola. Energy companies fell along with the price of crude oil. Investors were looking ahead to a decision on interest rates from the Federal Reserve, which wraps up a two-day policy meeting later in the day....

WTO chief: global trade not main culprit for lost US jobs
GENEVA (AP) -- Global trade is not the main cause for the loss of manufacturing jobs in places like the United States and needs to be defended from its critics, the chief of the World Trade Organization said Wednesday....

Japan poised to pump up sluggish growth with new stimulus
TOKYO (AP) -- Japanese Prime Minister Shinzo Abe announced plans Wednesday for a fresh barrage of economic stimulus to help revive stalling growth....

Comcast profit slips due to fewer box-office hits
NEW YORK (AP) -- Comcast's second-quarter profit slipped because of fewer movie hits from its NBCUniversal film-and-TV arm, but it posted big gains in internet customers and its smallest video losses for a second quarter in at least a decade....

Fiat Chrysler raises outlook as Q2 profits jump 25 percent
MILAN (AP) -- Fiat Chrysler Automobiles on Wednesday raised its earnings forecasts after reporting a 25 percent increase in second-quarter profits as SUV and truck sales offset the impact of slumping demand for passenger cars in North America....

Boeing reports first quarterly loss in nearly 7 years
NEW YORK (AP) -- Boeing, absorbing billions in write-downs related to two of its newest commercial jets and a military fuel tanker, reported its first quarterly loss in nearly seven years....

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US stock indexes slip; Apple jumps on strong earnings

Markets Right Now: US stocks mostly lower at midday

Boeing reports first quarterly loss in nearly 7 years

Long-time Lilly CEO Lechleiter to retire in December

Orders for durable goods plunged in June

Coca-Cola cuts sales outlook amid weak international demand

Pending US home sales improved slightly in June

Fiat Chrysler raises outlook as Q2 profits jump 25 percent

Spanish court convicts 11 in pyramid-scheme stamp fraud


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