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Asian shares shine on U.S. tech results, ECB hopes

TOKYO - Asian shares were on track for solid gains on Wednesday, after Wall Street's strong performance on upbeat results from two technology bellwethers offset investors' recent concerns about the outlook for the global economy.

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Michigan becomes fifth U.S. state to thwart direct Tesla car sales

DETROIT - Michigan Governor Rick Snyder signed a bill on Tuesday that will keep electric carmaker Tesla Motors Inc from selling its cars directly to consumers in the state, home to the biggest U.S. automakers.

21 Oct 2014

Airbus Helicopters expects China to become biggest market by 2020

BEIJING - Airbus Helicopters, the world's largest civil helicopter maker, expects China and Hong Kong to become its biggest global market within six years as Beijing starts to lift restrictions on the use of low altitude airspace from 2015.

After huge jet orders, budget airlines eye rich seam of aircraft leasing

SINGAPORE/PARIS - From Scandinavia to Southeast Asia, low-cost airlines have ordered record numbers of planes in recent years, redefining the jet industry. Now they plan to lease out scores of their new planes, re-ordering the aviation business all over again.

21 Oct 2014

New Total boss must overhaul exploration strategy, pursue cost cuts

PARIS - The sudden death of Total's top executive may make it even trickier for the French oil major to overhaul its expensive exploration strategy while simultaneously cutting costs to please shareholders as oil prices fall. | Video

21 Oct 2014

McDonald's CEO acknowledges image problems after tough results

- McDonald's Corp Chief Executive Officer Don Thompson owned up to some corporate image problems on Tuesday after it posted a nearly one-third drop in quarterly profit and warned that its global restaurant sales would fall again this month. | Video

21 Oct 2014

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Why the U.S. is spending $1 trillion on nukes

The Congressional Budget Office estimates the 10-year costs of maintaining and modernizing our existing arsenal at $355 billion, with another $215 billion slated for "other nuclear-related activities."