Rough winter hurts General Mills 3Q sales

MINNEAPOLIS — Rough winter weather took a bite out of General Mills' fiscal third-quarter sales, and the cereal maker's results missed Wall Street expectations. The maker of Cheerios, Yoplait and Betty Crocker products said Wednesday that its fiscal...

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List: Access to cancer centers under health law

Some of the nation's top cancer care centers are concerned about access for patients who purchase policies through the new health insurance markets, also called exchanges. The Associated Press asked 23 institutions that are part of the National Comprehensive...

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IBM's Watson to help sequence cancer DNA

NEW YORK — IBM and its Watson cloud computing system are partnering with the New York Genome Center to help it sequence DNA for the treatment of brain cancer. New York Genome will use IBM's "Jeopardy!" champion system to sequence the DNA of cancer tumors...

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French court upholds prison for rogue trader

PARIS — France's highest court upheld Wednesday a prison sentence for one-time rogue trader Jerome Kerviel but threw out the 4.9 billion euros ($7 billion) in civil damages he'd been ordered to pay back. Kerviel was convicted in 2010 of carrying out...

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FedEx profit up, but misses expectations

DALLAS — FedEx Corp. says its latest quarterly profit rose 5 percent from a year ago despite storms that raised the company's costs, but the results were below analysts' expectations. The company's ground-shipping segment is doing better, but the express-delivery...

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US files charge against Toyota, $1.2B penalty

WASHINGTON — The U.S. government announced a $1.2 billion settlement with Toyota Motor Corp. on Wednesday and filed a criminal charge alleging the company defrauded consumers by issuing misleading statements about safety issues in Toyota and Lexus vehicles....

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What annexing Crimea will cost Russia's government

MOSCOW — Despite the pebble beaches and cliff-hanging castles that made Crimea famous as a Soviet resort hub, the Black Sea peninsula has long been a corruption-riddled backwater in economic terms. The Kremlin, which decided to take the region from Ukraine...

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US stocks waver ahead of Fed decision

NEW YORK — The stock market was in a wait-and-see mode Wednesday ahead of the results of the Federal Reserve's first policy meeting under its new chair, Janet Yellen. Technology stocks struggled after Oracle reported earnings and revenue that fell short...

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Toyota to pay $1.2 billion federal fine to settle acceleration probe

Toyota Motor Corp. has agreed to pay a $1.2 billion fine to settle a four-year federal criminal investigation into whether it properly reported safety complaints about the sudden acceleration of its vehicles to regulators. It is the largest penalty...

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Markets await Fed decision and Yellen remarks

LONDON — Markets were largely in wait-and-see mode Wednesday ahead of the latest policy decision from the U.S. Federal Reserve and subsequent remarks from its new chief. In spite of some recent soft economic data in the wake of bad weather across large...

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