Comcast profit rises 17 percent in 1Q

NEW YORK — Comcast Corp., the nation's largest cable company and owner of NBCUniversal, on Wednesday said its net income rose 17 percent in the latest quarter, powered by continued strong results from its cable operations. Price increases on cable TV...

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Report shows persistence of TV violence

NEW YORK — Violence has shown no signs of disappearing from prime-time television. A study of nearly 400 prime-time scripted programs finds that even in the sensitive period directly following the Connecticut school shooting, there were plenty of shootings,...

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T-Mobile US stock jumps in debut trading

NEW YORK — Wall Street gave T-Mobile US Inc., the new-born combination of T-Mobile USA and MetroPCS, a warm welcome on its first day of trading. The stock was at $16.45 in midday trading Wednesday, up 87 cents, or 5.5 percent, from the value of MetroPCS...

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MasterCard 1Q profit rises, but economy 'choppy'

NEW YORK — Payments processor MasterCard Inc. said that its profit and revenue rose in the first quarter as card users spent more. Profit beat the forecasts of Wall Street analysts, though revenue missed slightly and the company's stock fell in midday...

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US economic fears weigh on markets ahead of Fed

LONDON — With a large chunk of Europe on holiday, financial markets were muted Wednesday ahead of a policy statement from the Federal Reserve. A couple of soft economic reports raised concerns over the state of the U.S. economy but reinforced market...

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PepsiCo pulls Mountain Dew ad after criticism

NEW YORK — PepsiCo pulled an online ad for Mountain Dew that was criticized for portraying racial stereotypes and making light of violence toward women. In the 60-second spot developed by African-American rapper Tyler, The Creator, a battered white...

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Abused disabled Iowa plant workers awarded $240M

IOWA CITY, Iowa — An Iowa jury on Wednesday awarded a total of $240 million to 32 mentally disabled Iowa turkey processing plant workers for what government lawyers described as years of around-the-clock abuse and discrimination by the Texas company...

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EBay monitoring listings of Boston Marathon medals

EBay says it is monitoring listings to ensure nobody uses the auction website to profit from the Boston Marathon bombings. Jonathan Resnick's medal is for sale on the site and proceeds will go directly to charity. He said he read on a runners' discussion...

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1st Chinese automaker in US to open Calif. plants

LOS ANGELES — The first Chinese-owned vehicle manufacturer in the United States plans to build electric buses and batteries at plants in the Mojave Desert. Lancaster Mayor R. Rex Parris and officials of BYD Automotive scheduled a news conference Wednesday...

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AP's John Daniszewski named to Pulitzer board

NEW YORK — John Daniszewski, a top editor and vice president at The Associated Press with decades-long experience covering international news, has been named to the Pulitzer Prize Board, which awards the most prestigious prizes in journalism. Columbia...

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