Consumer product manufacturing

July 19, 2017 - 6:06 am

Volvo Trucks Q2 profit surges threefold on strong sales

HELSINKI (AP) — Swedish truck maker AB Volvo says second-quarter profits surged more than threefold amid solid sales, particularly from Europe and Russia. Net profit jumped to 6 billion kroner ($725 million) in the period, from 1.9 billion kronor a year earlier. Last year's profit had been dented...
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July 19, 2017 - 3:37 am

Shareholders weigh British American, Reynolds tobacco merger

RALEIGH, N.C. (AP) — Shareholders of British American Tobacco and Reynolds American Inc. were scheduled to decide Wednesday whether to approve a merger that would create the world's largest publicly traded tobacco company. If approved during separate shareholder votes, the deal is expected to...
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FILE - In this Feb. 5, 2015 file photo the logo of a Mercedes car is photographed during an annual press conference of Daimler AG in Stuttgart, Germany. German automaker Daimler says Tuesday, July 18, 2017 it is voluntarily recalling 3 million diesel cars in Europe to improve their emissions performance. The Stuttgart-based company, which makes Mercedes-Benz luxury cars, says it is taking the step to reassure drivers and strengthen confidence in diesel technology. (AP Photo/Michael Probst, File)
July 18, 2017 - 1:26 pm

Daimler to recall 3 million vehicles to ease diesel doubts

FRANKFURT, Germany (AP) — German automaker Daimler says it is voluntarily recalling 3 million Mercedes-Benz brand cars with diesel engines in Europe to improve their emissions performance in the wake of widespread public debate over the future of diesel. The Stuttgart-based company says it is...
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FILE - In this Feb. 5, 2015 file photo the logo of a Mercedes car is photographed during an annual press conference of Daimler AG in Stuttgart, Germany. German automaker Daimler says Tuesday, July 18, 2017 it is voluntarily recalling 3 million diesel cars in Europe to improve their emissions performance. The Stuttgart-based company, which makes Mercedes-Benz luxury cars, says it is taking the step to reassure drivers and strengthen confidence in diesel technology. (AP Photo/Michael Probst, File)
July 18, 2017 - 12:42 pm

Daimler to recall 3 million vehicles to ease diesel doubts

FRANKFURT, Germany (AP) — German automaker Daimler says it is voluntarily recalling 3 million diesel cars in Europe to improve their emissions performance. The Stuttgart-based company, which makes Mercedes-Benz luxury cars, says it is taking the step to reassure drivers and strengthen confidence in...
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July 18, 2017 - 10:59 am

Chipotle shuts Virginia store after reports of illnesses

NEW YORK (AP) — Chipotle says it temporarily shut down a restaurant in Virginia following reports of customers becoming ill. The company says it shut down a location in Sterling, Virginia, on Monday after becoming aware of a "small number" of reported illnesses. It says it is working with health...
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A man passes by advertisements of Samsung Electronics Galaxy Note Fan Edition at a mobile phone shop in Seoul, South Korea, Tuesday, July 18, 2017. Samsung Electronics said in a statement Tuesday, July 18, 2017, it will recover gold and other metals in the recalled Galaxy Note 7 and retrieve components from the fire-prone phones to reduce wastes. (AP Photo/Ahn Young-joon)
July 18, 2017 - 2:40 am

Samsung to recover rare metals, components in Galaxy Note 7s

SEOUL, South Korea (AP) — Samsung Electronics plans to recover gold and other metals and components from recalled Galaxy Note 7 smartphones to reduce waste. The South Korean company said Tuesday that it expects to retrieve 157 tons of gold, silver, cobalt, copper and other metals from millions of...
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FILE - In this April 24, 2017, file photo, corporate signage hangs at a McDonald's restaurant in downtown Pittsburgh. A McDonald’s promotion for free ice cream cones to celebrate National Ice Cream Day on July 16, 2017, went awry over a glitch with the fast food giant’s mobile app. (AP Photo/Keith Srakocic, File)
July 17, 2017 - 11:09 am

McDonald's free ice cream promotion marred by app glitch

OAK BROOK, Ill. (AP) — A McDonald's promotion for free ice cream cones to celebrate National Ice Cream Day went awry over a glitch with the fast food giant's mobile app. McDonald's offered a free vanilla cone to its app users Sunday. But after several users complained to McDonald's on Twitter that...
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FILE - In this April 24, 2017, file photo, corporate signage hangs at a McDonald's restaurant in downtown Pittsburgh. A McDonald’s promotion for free ice cream cones to celebrate National Ice Cream Day on July 16, 2017, went awry over a glitch with the fast food giant’s mobile app. (AP Photo/Keith Srakocic, File)
July 17, 2017 - 10:13 am

McDonald's free ice cream promotion marred by app glitch

OAK BROOK, Ill. (AP) — A McDonald's promotion for free ice cream cones to celebrate National Ice Cream Day went awry over a glitch with the fast food giant's mobile app. McDonald's offered a free vanilla cone to its app users Sunday. But after several users complained to McDonald's on Twitter that...
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FILE - This July 9, 2015, file photo, shows signage outside Procter & Gamble corporate headquarters in downtown Cincinnati. Activist investor Nelson Peltz is looking to get a seat on Procter & Gamble’s board. Peltz’s Trian Fund Management says it wants to help the consumer products company improve its performance. (AP Photo/John Minchillo, File)
July 17, 2017 - 8:19 am

Trian's Peltz seeks a seat on board at Procter & Gamble

NEW YORK (AP) — Activist investor Nelson Peltz is attempting to secure a seat on the board at Procter & Gamble, seeking faster changes at the consumer products company. Peltz's Trian Fund Management LP, which owns about $3.3 billion worth of shares at Procter & Gamble, said Monday that it's...
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Sam Bird, right, drives during the Formula E all-electric New City ePrix Saturday, July 15, 2017, in the Brooklyn borough of New York. (AP Photo/Michael Noble Jr.)
July 16, 2017 - 9:12 pm

With engines whirring, electric car racing comes to Brooklyn

NEW YORK (AP) — The roar of the engine was replaced by a furious whirring as the future of motorsports came to Brooklyn. Formula E took over part of the waterfront neighborhood of Red Hook on Sunday, the second of two race days for the Qualcomm New York City ePrix. The Formula One-style, open-wheel...
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