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- By Rex Nutting, MarketWatch Step aside, Benedict Arnold. There's a new gold standard for betrayal Russia's ongoing attack on our democracy amounts to an act of war (http://www.nbcnews.com...
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Swiss drugs giant Novartis says profit up as spinoff looms
From Associated Press
July 18, 2018 2:16 AM EST

GENEVA (AP) — Novartis says net profit rose 3 percent in the second quarter amid strong growth for some of its top products, as the Swiss pharmaceuticals giant moves to spin off its Alcon eye-care business.

NEW YORK (AP) — Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press.

SINGAPORE (AP) — Asian markets have eased after early gains as a sweep of positive news from Wall Street and beyond boosted confidence in the U.S.

DETROIT (AP) — Marriott International plans to remove plastic straws and drink stirrers from all of its 6,500 hotels and resorts worldwide by next year.

LAS VEGAS (AP) — MGM Resorts International has sued hundreds of victims of the deadliest mass shooting in modern U.S. history in a bid to avoid liability for the gunfire that rained down from its Mandalay Bay casino-resort in Las Vegas.

WASHINGTON (AP) — Three officials who played vital roles in combating the 2008 financial crisis say they worry that the painful lessons from the banking system's near-collapse a decade ago may be forgotten.

SINGAPORE (AP) — Asian markets climbed higher on Wednesday as a sweep of positive news from Wall Street and beyond boosted confidence in the U.S.

SAN FRANCISCO (AP) — Ride-sharing company Lyft said Tuesday that it's investigating how a former driver now charged in a series of rapes passed a background check even though federal immigration officials say the suspect was living in the country illegally.

TOKYO (AP) — The European Union and Japan signed a landmark deal on Tuesday that will eliminate nearly all tariffs on products they trade.

DALLAS (AP) — Texas Instruments has dumped CEO Brian Crutcher for personal misconduct less than two months after he took over the job, ruining the chip maker's hopes for a smooth transition to new leadership.

WASHINGTON (AP) — Members of Congress warned Tuesday that newspapers in their home states are in danger of reducing news coverage, laying off workers or going out of business if the United States maintains recently imposed tariffs on Canadian newsprint.

WASHINGTON (AP) — The Trump administration is lifting requirements that some tax-exempt groups disclose the identities of their donors to federal tax authorities.

BRUSSELS (AP) — After a week of the worst barrage of insults yet from U.S. President Donald Trump, the European Union is looking westward toward the White House less and less.

NEW YORK (AP) — Amazon poked fun at the early glitches it saw with Prime Day, though it said shoppers still found plenty to buy. Analysts, meanwhile, saw other things Amazon could have done better, like discounting more fashion brands and taking more advantage of its acquisition of Whole Foods.

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that strong economic growth will keep the central bank on a path to gradually raise interest rates.

NEW YORK (AP) — Another Wall Street veteran of the financial crisis is stepping aside: Lloyd Blankfein is retiring as CEO of Goldman Sachs after 12 years at the helm of the storied investment bank.

LONDON (AP) — The Latest on Brexit developments in Britain (all times local): 7:20 p.m. British Prime Minister Theresa May has faced down a rebellion in Parliament over her plans for the country's exit from the European Union, with lawmakers rejecting a key amendment on a Brexit trade bill.

SAN FRANCISCO (AP) — Facebook announced several new hires of top academics in the field of artificial intelligence Tuesday, among them a roboticist known for her work at Disney making animated figures move in more human-like ways.

LONDON (AP) — British Prime Minister Theresa May faced more rebellion in Parliament on Tuesday over her plans for the country's exit from the European Union, with lawmakers voting on a Brexit trade bill a day after she narrowly avoided a parliamentary defeat.

UnitedHealth Group easily topped profit expectations during the second-quarter and hiked its outlook for the third time this year, but company shares were punished Tuesday for a performance that even company executives believe falls short of the health insurer's full potential.

WASHINGTON (AP) — The NAACP is lifting its travel advisory against American Airlines, saying the company is making improvements that address worries about African-Americans being subject to discrimination or even unsafe conditions while flying.

WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's semi-annual testimony to Congress on Tuesday (all times local): ___ 11:40 a.m.

LONDON (AP) — U.S.-based defense contractor Raytheon says it remains committed to its operations in Britain, even as other manufacturers warn that they may curtail investment because of delays in negotiations over the country's departure from the European Union.

BERLIN (AP) — A Dutch company that presented the world's first lab-grown beef burger five years ago said Tuesday it has received funding to pursue its plans to make and sell artificially grown meat to restaurants from 2021.

Fueled by a 20 percent sales jump in its prescription drugs business, Johnson & Johnson posted a 3 percent increase in second-quarter profit.