World stocks up on hopes Chinese slowdown is mild

LONDON — World stock markets rose Wednesday after Chinese economic figures showed the slowdown in the first quarter was less severe than expected. Investors took heart from the fact that the world's second-largest economy expanded 7.4 percent from a...

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Did Comcast raise cable-TV rates 68% in the past four years? Not exactly

The eye-popping claim certainly got some headline play: Comcast raised basic-cable rates 68% from 2009-13, while Time Warner Cable -- the target of Comcast's proposed $45 billion acquisition -- actually reduced them by 2.5% over the same time period....

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France targets welfare for big spending cuts

PARIS — France's prime minister has announced plans to cut 21 billion euros ($29 billion) from pensions, social care and health care as a part of a 50-billion-euro effort to rein in the country's debt and deficit. Manuel Valls on Wednesday detailed...

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US home building up in March after frigid winter

WASHINGTON — U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter. But applications for building permits slid, clouding the outlook for future construction. Builders started work on 946,000 homes at a...

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Yahoo, PNC among early winners among US stocks

Stock indexes are opening higher after more U.S. companies reported solid earnings and some encouraging news about China's economy. Yahoo soared 8 percent after the company said it was benefiting from its lucrative investments in Asia and that its advertising...

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Russian economy hit by Ukraine turmoil

MOSCOW — Russia's economy slowed sharply at the start of the year as the crisis in Ukraine spooked investors into pulling money out of the country. But with Russian President Vladimir Putin still enjoying high popularity ratings, the economic damage...

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Paul Weller's children win lawsuit over pictures

LONDON — The children of musician Paul Weller won a privacy lawsuit Wednesday over paparazzi pictures published on a newspaper website. Lawyers for the former front man of The Jam and his family sued Associated Newspapers over images of daughter Dylan...

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Ford to offer 50th anniversary Mustang

NEW YORK — Ford is celebrating the 50th anniversary of the Mustang with a limited-edition model and a display atop the Empire State Building. At the New York International Auto Show on Wednesday, the company revealed the 50 Year Limited Edition. The...

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US stocks rise, extending gains into third day

Investors sent stock prices higher for a third day in a row Wednesday. Major U.S. indexes rose as more companies reported solid earnings and traders welcomed encouraging news about China's economy. Yahoo and Delta Air Lines were among the companies rising...

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Toyota Camry gets a top-to-bottom makeover

NEW YORK — Shaken by the advances of newer, sportier rivals, the Toyota Camry is trying to shed its vanilla reputation. The redesigned 2015 Camry, unveiled Wednesday at the New York International Auto Show, is longer and wider, with a large, aggressive...

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