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More From National Business

January 24, 2017

BERLIN (AP) — Germany’s head of state says this year’s general election will be held Sept. 24.

German President Joachim Gauck on Tuesday announced he’d approved the Cabinet’s proposed date, the last Sunday in September.

The vote is expected to see the nationalist Alternative for Germany, or AfD,…

January 24, 2017

PARIS (AP) — French utility giant EDF has approved plans to shut down the country’s oldest nuclear plant after pressure from neighboring Germany and environmental activists.

The board of state-run Electricite de France voted Tuesday to start the process of closing the two reactors at the 39-year-…

January 24, 2017

BRUSSELS (AP) — Amazon has agreed to change parts of its e-book contracts with publishers in an effort to avoid European Union fines for anti-competitive behavior.

The European Commission said Tuesday that the online giant has committed not to enforce any contract clause that might force publishers…

January 24, 2017

BEIJING (AP) — With his rejection of an Asian trade pact, U.S. President Donald Trump has tackled the first in a promised series of far-reaching policy changes that could inadvertently give China room to assert itself as a regional leader and worsen strains over the South China Sea and Taiwan.

The…

China Trump TPP Consequences

January 24, 2017

HELSINKI (AP) — Ukrainian President Petro Poroshenko says “there are a number of high political risks” associated with an undersea natural gas pipeline that will run from Russia to Germany.

Poroshenko, who spoke through an interpreter during a one-day visit to Finland Tuesday, didn’t elaborate.…

January 24, 2017

Johnson & Johnson edged Wall Street profit expectations for the fourth quarter but announced a lower-than-expected 2017 forecast and said it would start shopping its diabetes care businesses.

Johnson & Johnson said Tuesday that it would start seeking a possible sale, joint venture or operating…

Earns Johnson Johnson

January 24, 2017

NEW YORK (AP) — Verizon fell short of most expectations for the fourth quarter after a sharp drop in retail postpaid subscribers at the nation’s largest cellphone carrier.

Shares fell more than 2 percent Tuesday in premarket trading.

For the three months ended Dec. 31, Verizon Communications Inc. —…

January 24, 2017

ROTTERDAM, Netherlands (AP) — Institutional investors who say they lost billions of dollars as a result of the corruption scandal at Brazilian state-run oil giant Petrobras have launched a compensation case in the Netherlands.

In a statement Tuesday, a coalition of investors says it filed a 172-…

January 24, 2017

NEWARK, N.J. (AP) — The Latest on New Jersey Transit service in wake of storm delays (all times local):

6 a.m.

New Jersey Transit trains are rolling one day after a powerful storm delayed thousands of commuters.

Northeast Corridor and North Jersey Coast Line trains are on or close to schedule…

January 24, 2017

WILMINGTON, Del. (AP) _ DuPont Co. (DD) on Tuesday reported fourth-quarter net income of $265 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Wilmington, Delaware-based company said it had net income of 30 cents. Earnings, adjusted for one-time gains and…

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