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McDonald's wraps up tumultuous year on a strong note
McDonald's ended 2019 on a high note despite internal turmoil at the company, which pushed out its CEO in November. The burger giant said its fourth quarter net income rose 11% to $1.6 billion, or $2.08 per share. Excluding one-time items like tax benefits, the company earned $1.97 per share. That beat Wall...
The end is nigh: European Parliament to approve Brexit
BRUSSELS (AP) — The European Parliament on Wednesday is set to overwhelmingly approve the departure of the United Kingdom from the European Union — the final major decision in the four-year Brexit saga. With only two days to spare, the legislators will vote to approve the withdrawal agreement that...
Post-Brexit talks gear up for fish fight between EU, UK
KILKEEL, Northern Ireland (AP) — When it comes to U.K.-European Union relations, there's nothing like slapping a fish around. After all, both sides have been contesting who rules their waves practicallysince the United Kingdom became a member in 1973. So it's not so surprising that once the U.K....
Airlines suspend China flights, cut services on virus fears
BANGKOK (AP) — British Airways and Asian budget carriers Lion Air and Seoul Air have joined a growing list of airlines that are suspending flights to China as fears spread about the outbreak of a new virus that has killed more than 130 people. Several other airlines including Finnair, Hong Kong-based...
EU stops short of recommending ban on China's Huawei
LONDON (AP) — The European Union unveiled security guidelines for next generation high-speed wireless networks that stop short of banning Huawei, in the latest setback for the U.S. campaign against the Chinese tech company. The EU's executive Commission on Wednesday outlined a set of strategic and...
Sudan to tackle fuel subsidies as economy hangs on the edge
KHARTOUM, Sudan (AP) — Sudan hopes to cut fuel subsidies over the course of 18 months, starting as early as March, and replace them with direct cash payments to the poor, the country’s finance minister said, laying out a timetable for sweeping economic reforms sought by international lenders. The...
Hybrids lose edge but Edmunds picks 5 still worth buying
Buying a hybrid in 2020 doesn't have the same cutting-edge feel that it used to back in the early 2000s. Today, all the hype surrounds the latest electric cars. But do a little research and you'll find that hybrid vehicles are better than ever and provide impressive fuel economy with little to no compromise. As...
Bulgaria ruling coalition survives no-confidence vote
SOFIA, Bulgaria (AP) — Bulgaria’s ruling coalition on Wednesday survived a no-confidence vote called by the opposition, which accused the government of failing to protect the environment and guarantee water supplies. The 240-member parliament rejected the motion in a 124-102 vote with nine...
Britain's EU Journey: When Johnson gambled to deliver Brexit
LONDON (AP) — Britain officially leaves the European Union on Friday after a debilitating political period that has bitterly divided the nation since the 2016 Brexit referendum. Difficult negotiations setting out the new relationship between Britain and its European neighbors will continue throughout...
World shares mostly higher after rebound on Wall Street
Shares advanced in most European and Asian markets on Wednesday after a rebound on Wall Street reversed most losses from a sell-off the day before. Hong Kong's Hang Seng dropped 2.8%, to 27,174.43 after its markets reopened from Lunar New Year holidays, while other Chinese markets remained closed. The U.S....
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