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February 11, 2015 5:34 PM Greece and Europe miles apart as crisis talks start

Five years ago to the day, European leaders met to talk about a Greek debt crisis. They're at it again this week, with Athens pressing hard for a new deal. Greece's new government, led by left-wing party Syriza, says half a decade of austerity has condemned the country to a downward spiral that is impoverishing its people and making it impossible to repay 12

February 11, 2015 12:41 PM PepsiCo Profit Falls, but Tops Street Forecasts

PepsiCo said its profit fell in the fourth quarter as the maker of Frito-Lay chips, Gatorade and Mountain Dew was hurt by weakening foreign currencies and restructuring charges. The results weren't as bad as expected, however, and the company's shares rose in premarket trading. In its Frito-Lay North America division, which is the company's biggest unit, PepsiCo 13

February 11, 2015 6:07 AM Shifting goal posts on employment may signal slower Fed rate hikes

SAN FRANCISCO/WASHINGTON (Reuters) - Federal Reserve officials are debating a historic shift in one of its core economic gauges that could lead the central bank to move even slower than now thought once it lifts its rates from rock bottom levels. According to interviews with half a dozen current and former Fed policymakers and staff, the concept that the economy 39

February 11, 2015 4:20 AM Dayton wants $10M from Legislature to replace state planes

Gov. Mark Dayton is asking the Legislature for $10 million to replace Minnesota's two state-owned airplanes. Dayton says the Beechcraft King Air prop planes are "reaching the end of their safe operations." One plane is from 1981 and the other from 1993. Dayton's request to replace the planes comes as Republicans are using their new House majority to scrutinize 13

February 10, 2015 9:57 PM Your Ultimate Valentine's Day Tech Gift Guide

If roses, dinner and a movie no longer excite your sweetie, there are so many other options to consider for Valentine's Day. Tech makes a perfect gift, whether your Valentine is super connected or just likes to listen to music on the go. Some couples like to go all out for Valentine's Day, others -- a small gesture that says "I'm thinking of you" is all it takes 11

February 10, 2015 8:30 PM Why Coca-Cola and PepsiCo Profits Mean No One Wins Coke vs. Pepsi War

It’s a question that’s been around about as long as the oldest human living on Earth: Coke or Pepsi? Health-conscious consumers have been turning away from sugar-sweetened beverages, and that’s causing headaches for the country’s top soda sellers. Coca-Cola reported a 55% drop in quarterly profit Tuesday, while PepsiCo investors are also bracing for less than stellar 11

February 10, 2015 6:51 PM Martin Marietta posts strong 4Q results on cement demand

Martin Marietta Materials' quarterly profit surged almost 80 percent as the construction materials company sees demand rise in an improving economy. Shares have been climbing since the beginning of the year and hit another high for 2015 on its fourth-quarter results posted Tuesday. Martin Marietta acquired cement and building materials maker Texas Industries 9

February 10, 2015 2:20 PM Florida Gov. wants tighter controls on college costs

Florida Gov. Rick Scott is proposing even tighter controls to keep down the cost of college. Scott wants the Florida Legislature to enact a sweeping bill that would limit future tuition hikes in graduate programs including law school and medical school. The Republican governor has also proposed exempting college textbooks from sales taxes. But Scott 11

February 10, 2015 1:31 PM Reynolds American's 4Q profit falls on higher costs

Cigarette maker Reynolds American Inc.'s fourth-quarter profit fell 49 percent on pension charges and other costs ahead of the closing of its planned $25 billion takeover of Newport seller Lorillard Inc. The nation's second-biggest tobacco company said Tuesday that it earned $148 million, or 28 per share, in the period ended Dec. 31, compared with $292 million 12

February 10, 2015 1:04 PM Reynolds American's 4Q Profit Falls on Higher Costs

Cigarette maker Reynolds American Inc. says its fourth-quarter profit fell 49 percent on pension charges and other costs. The nation's second-biggest tobacco company said Tuesday it earned $148 million, or 28 per share, in the period ended Dec. 31, compared with $292 million, or 54 cents per share, a year ago. Adjusted earnings were 87 cents per share 9