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  • Greece: Markets shrug off delay in rescue loan payout

    ATHENS, Greece (AP) — Investors in Greece have shrugged off a delay in the payout of a rescue loan installment. Shares on the Athens Stock exchange and the interest rates charged on Greece’s bonds were broadly unchanged midday Tuesday. On Monday, Greece’s peers in the 19-country eurozone said the country had not fulfilled all conditions […]
  • Walmart takes bruises from Amazon battle in fourth quarter

    NEW YORK (AP) — Walmart is taking some bruises from its battle with online leader Amazon. The world’s largest retailer reported a lower-than-expected fourth-quarter profit and wrestled with slower e-commerce sales during the busiest time of the year, signs that underscore the company’s challenges in a fiercely competitive landscape. The news, announced Tuesday, overshadowed the […]
  • EU advocate says Poland broke law by logging in forest

    WARSAW, Poland (AP) — The European Union’s top advocate said Tuesday that Poland has infringed environmental laws with its massive logging of trees in one of Europe’s last pristine forests. The opinion published by Advocate General Yves Bot could bring a ruling from the EU’s Court of Justice against Poland’s actions in the Bialowieza Forest […]
  • Home Depot 4Q profit rides strong home improvement market

    NEW YORK (AP) — A strong home-improvement market pushed Home Depot’s profit higher in the fourth quarter, topping expectations. The Atlanta company’s profit rose 5.6 percent to $1.78 billion, or $1.52 per share, for the three months ended Jan. 28. Earnings, adjusted for pretax expenses, were $1.69 per share. Revenue rose 7.5 percent to $23.88 […]
  • Connecticut’s Edible Arrangements sues Google over rival ads

    NORWALK, Conn. (AP) — The Connecticut-based fruit bouquet company Edible Arrangements has filed a federal lawsuit against Google, claiming its business is being hurt by rival ads that appear when people use the search engine. The Hour reports Edible Arrangements claims in its lawsuit filed in early February that Google’s placement of rival ads can […]
  • For Olympic fans, the real fun starts after the games

    PYEONGCHANG, South Korea (AP) — The Olympics aren’t just about fierce competition between the world’s best athletes. It’s a time for fans to let loose, party with folks from around the world, try some new food and maybe pose for a photo with the official mascot. “It’s a once in a lifetime opportunity,” said Sarah […]
  • Latvian ECB official won’t resign, rejects bribes report

    LONDON (AP) — Latvia’s official on the European Central Bank’s top policymaking council rejected calls to resign Tuesday amid suspicions of bribery and an Associated Press report on allegations of extortion and connections to money laundering. Ilmars Rimsevics, who was detained Saturday and released on bail two days later without charge, was defiant, dismissing the […]
  • Iran TV airs images of site of airplane crash that killed 65

    TEHRAN, Iran (AP) — Iranian search-and-rescue teams on Tuesday offered the first images of the site of an airplane crash in southern Iran that killed 65 people, with officials hoping to reach the aircraft’s “black boxes” to learn exactly what downed the flight. State television aired footage showing the plane crash site against the side […]
  • David Davis says UK won’t slash standards after Brexit

    LONDON (AP) — Britain’s top Brexit official says his country wants to lead a “race to the top” in global standards, in a speech aimed at allaying European fears of a deregulated, laissez-faire U.K. economy. Brexit Secretary David Davis said Tuesday in Vienna that Brexit won’t lead to “an Anglo-Saxon race to the bottom, with […]
  • Brain drain leaves Balkan nations on more uneven footing

    BELGRADE, Serbia (AP) — Marina Stevanov never doubted she would leave her native Serbia as soon as she earned her medical degree with top grades. Now, the 25-year-old doctor is packing her diploma, thick medicine books and a German language dictionary for a move to Austria, where an elite hospital offered her a job that […]
  • India arrests 11 suspects in $1.8 billion bank fraud case

    NEW DELHI (AP) — India’s federal investigating agency on Tuesday arrested another five executives as it swooped down on companies run by two main suspects in an alleged $1.8 billion bank fraud case that continued for six years. Central Bureau of Investigation spokesman Abhished Dayal said the five worked for the companies owned by Nirav […]
  • Global shares mixed after US break, investors eye Fed notes

    TOKYO (AP) — Global stocks were mixed Tuesday after a U.S. holiday, with investors awaiting the release later in the day of minutes from the latest meeting of the U.S. Federal Reserve. KEEPING SCORE: France’s CAC 40 gained 0.1 percent to 5,261, while Germany’s DAX was up 0.1 percent to 12,401. Britain’s FTSE 100 slipped […]
  • New Wynn Resorts CEO denies knowing of claims against mogul

    LAS VEGAS (AP) — The new CEO of Las Vegas-based Wynn Resorts said he was not aware of any of the sexual misconduct accusations against casino mogul Steve Wynn before they surfaced last month. Matt Maddox, who was appointed CEO on Feb. 6 after Wynn resigned, said in an interview Monday that people should “hold […]
  • This Week: Home sales, jobless claims, Cinemark earns

    A look at some of the key business events and economic indicators upcoming this week: HOME SALES PERKING UP? Economists project that sales of previously occupied homes edged higher in January from a month earlier. The pace of U.S. home sales slowed in December to a seasonally adjusted annual rate of 5.57 million units. Despite […]
  • Stuck in an opioids crisis, officials turn to acupuncture

    PROVIDENCE, R.I. (AP) — Marine veteran Jeff Harris was among the first to sign up when the Providence VA hospital started offering acupuncture for chronic pain. “I don’t like taking pain medication. I don’t like the way it makes me feel,” he said. Harris also didn’t want to risk getting addicted to heavy-duty prescription painkillers. […]