Volkswagen Passat wins car of the year award

GENEVA — The large family car Volkswagen Passat has been voted car of the year by European automotive editors at the Geneva International Motor Show. German Volkswagen's four-door sedan beat six other finalists including Citroen's C4 Cactus, Renault's...

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Yahoo TV converts to Tumblr-based digital magazine format

Yahoo's TV news and reviews section has adopted the company's "digital magazine" format, a visually oriented design based on the Tumblr mico-blogging website. The new Yahoo TV digital magazine is the 11th title in the format to launch since January...

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EU nations get power to ban genetically-modified crops

BRUSSELS — The European Union is giving member states the power to ban the cultivation of genetically-modified crops even if they have been approved by the bloc's food safety authority. The 28 EU member states on Monday approved the rule that national...

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Bill Gates repeats at top of Forbes' list of billionaires

NEW YORK — The world's richest person got even richer this year. Forbes said Monday that Bill Gates's net worth rose to $79.2 billion in 2015 from $76 billion last year. That put him at the top of the magazine's list of the world's billionaires for...

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Supreme Court won't hear appeal in foam class action case

WASHINGTON — The Supreme Court won't hear an appeal from a group of flexible foam manufacturers challenging one of the largest class action lawsuits ever certified. The justices on Monday let stand a lower court ruling that allowed a lawsuit to go forward...

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US stocks open slightly higher; Freescale jumps on deal

NEW YORK — The U.S. stock market headed higher Monday as deals and economic news gave stocks a lift. KEEPING SCORE: The Dow Jones industrial average rose 95 points, or 0.5 percent, to 18,228 as of 10:10 a.m. Monday. The Standard & Poor's 500 index...

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Costco strikes credit card deal with Citi, Visa

NEW YORK — Costco says it struck a deal for Citi to be the exclusive issuer of its co-branded credit cards, with Visa replacing American Express as the card network. The deal is subject to Citi buying the company's co-branded credit card portfolio,...

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Labor disputes disrupt SAS, Norwegian flights in Scandinavia

HELSINKI — Scandinavian Airlines says some 50 flights have been canceled Monday to and from Denmark after members of a Danish cabin crew union walked out to protest the carrier's plan to transfer employees to a domestic airline acquired by SAS. Group...

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HP's big deal: Tech giant buys Aruba Networks for $2.7B

SAN FRANCISCO — Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, the biggest acquisition by HP in recent years. Palo Alto, Calif.-based HP said the deal will boost its commercial technology business as it...

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US manufacturing slows as output and hiring weaken

WASHINGTON — U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly. The Institute for Supply Management, a trade group of purchasing managers, said Monday that its manufacturing...

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