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$1 sodas help boost McDonald's sales in US
OAK BROOK, Ill. (AP) -- McDonald's says a promotion for $1 sodas and a new line of premium burgers helped boost sales in its flagship U.S. market....

Global stocks mostly higher amid earnings reports
TOKYO (AP) -- Stock markets turned higher on Tuesday as investors monitored a slew of corporate earnings reports. A meeting of the Federal Reserve and caution over potential twists and turns in U.S. politics kept most indexes trading within a narrow range....

GM 2Q net earnings fall on loss from sale of European unit
DETROIT (AP) -- General Motors' second-quarter net profit fell more than 40 percent largely due to a loss from the sale of its European unit....

German business confidence reaches new record high
BERLIN (AP) -- A survey shows that business confidence in Germany has risen to another record high as managers' view of both their outlook and their current situation brightens....

South Korea shifts gears, aims at more labor-friendly growth
SEOUL, South Korea (AP) -- South Korea's new administration is shifting gears to achieve a fair and labor-friendly economy after decades of export-driven growth led by big businesses left many behind in economic prosperity....

Hasbro and Hibbett sink as WebMD and Nektar climb
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday:...

Hasbro profit rises, but revenue misses expectations
PAWTUCKET, R.I. (AP) -- Toy maker Hasbro said its second-quarter profit jumped 30 percent, thanks to rising sales of Transformers action figures and Monopoly board games. But its revenue was slightly lower than what Wall Street analysts expected, and it reported weaker demand for Easy-Bake ovens and Playskool toys and softer sales in two international markets....

Sports retailer stocks fall as Hibbett posts gloomy outlook
NEW YORK (AP) -- More bad news for sporting goods retailers: Hibbett, a chain with more than 1,000 stores, said it expects a key sales figure to fall due to a "challenging" retail environment....

IMF warms to eurozone economy amid lower political risks
LONDON (AP) -- The International Monetary is more optimistic about the economy of the 19-country eurozone after a run of elections saw populist politicians defeated and risks to its outlook abated....

IMF upgrades eurozone, Japan; leaves world outlook unchanged
WASHINGTON (AP) -- The International Monetary Fund upgraded the economic outlook for Europe, Japan and China this year. But the fund left its forecast for global growth unchanged from an April forecast, partly because the United States is unlikely to get much help from tax cuts and higher spending....

AP Photo
AP Photo/Mark Lennihan
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