Daimler: CEO Zetsche to be succeeded by development head
FRANKFURT, Germany (AP) — Automaker Daimler says that CEO Dieter Zetsche will be succeeded next year by Mercedes-Benz development and research head Ola Kallenius.
In Paris, Airbnb blamed for all kinds of ills
PARIS (AP) — The first paying guests to the ground-floor studio flat newly posted on Airbnb were innocuous enough: A family, come to experience the joys of Paris, like many millions of others.
Report: Long trade war would hurt US more than China
FRANKFURT, Germany (AP) — A fierce global trade war would hurt the United States economy significantly, making households poorer and destroying jobs, while China would not suffer as much, according to a simulation carried out by economists at the European Central Bank.
Fed seems poised to raise rates for a 3rd time this year
WASHINGTON (AP) — The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.
Senate panel to hear from internet execs on privacy policies
WASHINGTON (AP) — The Trump administration is hoping Congress can come up with a new set of national rules governing how companies can use consumers' data that finds a balance between "privacy and prosperity."
Asian markets rally ahead of expected US Fed rate hike
SINGAPORE (AP) — Asian markets rose on Wednesday as traders awaited a third interest rate hike by the U.S. Federal Reserve for this year.
Into the fold? What's next for Instagram as founders leave
SAN FRANCISCO (AP) — When Kevin Systrom and Mike Krieger sold Instagram to Facebook in 2012, the photo-sharing startup's fiercely loyal fans worried about what would happen to their beloved app under the social media giant's wings.
Clouds on horizon as trade wars, debt weigh on Asia's growth
BANGKOK (AP) — Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development Bank said Wednesday in an update of its regional economic outlook report.
Japan preschools using tablets to prep tots for digital age
YOSHIKAWA, Japan (AP) — It's drawing time at this suburban nursery school in Japan, but instead of crayons, tiny fingers are tapping on colors on iPad screens and taking selfies.
CBS taps media industry veteran Parsons as interim chairman
NEW YORK (AP) — CBS says it has named media industry veteran Richard Parsons as interim chairman of the board as the company moves to reshape itself following the ouster of longtime chief Les Moonves.
Push to end bullet train in 2020 could signal GOP strategy
SACRAMENTO, Calif. (AP) — Worried they would lack big-name candidates at the top of the ticket this November, California Republicans turned to a ballot measure that would eliminate a recent gas tax increase in hopes of exciting conservatives and ensuring they show up to support lower-profile legislative and congressional candidates.
Bill overhauling songwriter royalties heads to Trump's desk
WASHINGTON (AP) — Legislation to substantially overhaul the way music is licensed and songwriters compensated for songs online is being sent to the president's desk for his signature.
NTSB faults Air Canada pilots for last year's near disaster
Federal safety officials blame two Air Canada pilots for coming within 10 to 20 feet of crashing their jetliner into a plane on the ground last year in San Francisco.
US attorneys general discuss social media privacy concerns
WASHINGTON (AP) — A meeting between top state law enforcement officials and Attorney General Jeff Sessions about how the government can safeguard the privacy of social media users ended Tuesday without a decision on whether to investigate.
UK Labour opposition party vows to reject May's Brexit deal
LONDON (AP) — Britain's main opposition Labour Party announced Tuesday it will reject Conservative Prime Minister Theresa May's proposed divorce deal with the European Union if it comes to a vote in Parliament and might even support a new Brexit referendum.
Wildfire smoke costs famed Oregon Shakespeare Festival
PORTLAND, Ore. (AP) — The famed Oregon Shakespeare Festival that attracts tourists from around the world said Tuesday that it lost $2 million this summer because wildfire smoke forced it to cancel more than two dozen outdoor performances.
Nike's marketing strikes a chord without hurting business
NEW YORK (AP) — Nike caused an uproar earlier this month with its ad featuring former NFL quarterback Colin Kaepernick that debuted just as the football season was about to begin.
Just Dunkin': Dunkin' Donuts to change its name
Dunkin' is dropping the donuts — from its name, anyway. Doughnuts are still on the menu, but Dunkin' Donuts is renaming itself Dunkin' to reflect its increasing emphasis on coffee and other drinks, which make up 60 percent of its sales.
Automakers seek flexibility at hearing on mileage standards
DEARBORN, Mich. (AP) — Automakers sought flexibility while environmental groups blasted the Trump administration's proposal to roll back fuel economy standards at a public hearing on the plan in the industry's backyard.
Michael Kors ups the glamour, buys Versace for $2 billion
NEW YORK (AP) — Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.
US home prices rise at slowest pace in nearly a year
WASHINGTON (AP) — U.S. home prices rose in July at the slowest pace in 10 months as climbing mortgage rates become a more significant factor for a growing number of prospective buyers.
3 things to watch for from the Federal Reserve on Wednesday
WASHINGTON (AP) — The Federal Reserve is all but certain Wednesday to raise its key short-term interest rate for the third time this year and to signal that another hike is likely before the year ends.
BMW expects hit from trade dispute and emissions tests
FRANKFURT, Germany (AP) — German luxury automaker BMW said Tuesday that its profits and sales will fall short of its forecasts this year, saying that fear of international trade conflicts has weighed on pricing and citing the impact of new emissions tests on European markets.
Instagram co-founders resign from social media company
SAN FRANCISCO (AP) — The co-founders of Instagram are resigning their positions with the social media company without explanation.
US consumer confidence rises to 18-year high in September
WASHINGTON (AP) — U.S. consumer confidence shot up to an 18-year high in September — good news for retailers as the holiday shopping season approaches.

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