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• PepsiCo to cut 3,300 jobs on lower earnings
PURCHASE, N.Y. - PepsiCo Inc. says it plans to eliminate 3,300 positions globally, as it reports a 9.5 percent drop in third-quarter profit. The company said Tuesday it expects to generate a pretax savings of more than $1.2 billion over the next ...
• Britain says critical to reach forces accord with Iraq
LONDON - It is critical for Iraq to reach an agreement in the next few weeks permitting British troops to stay in the country after a U.N. mandate expires at the end of this year, a British Foreign Office minister said Tuesday. Iraq and the United ...
• Lacking accord, U.S. and Iraq seek a plan B
If the parliament refuses, Maliki would have "no choice" but to request a U.N. extension "because the American forces will lose their legal cover on Dec. 31," he told the Times of London in a weekend interview. "If that happens, according to ...
• Bush unveils expanded bank bailout details
The government should purchase only stock in financial firms that agree to cut dividends paid to shareholders, adhere to strict limits on executive compensation and curb their use of exotic investment strategies, Sen. Charles Schumer, D-N.Y ...
• Wall Street explodes in historic one-day surge
John Lynch, chief market analyst for Evergreen Investments in Charlotte, N.C., said Monday's rally was encouraging but he doubted it signaled the worst has passed. "My screen is completely green and I love that, but I'm not doing any backflips yet ...