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SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. Full Story
Top Headlines
Wall Street falters in volatile session on Fed worries
Bernanke says more progress needed before stimulus pullback
Home sales close in on three-and-a-half year high
Apple, former Washington wallflower, now at center of tax fight
WASHINGTON (Reuters) - For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps inadvertently, on a top priority for U.S. business: simplifying America's tax code. Full Story
WASHINGTON (Reuters) - For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps inadvertently, on a top priority for U.S. business: simplifying America's tax code. Full Story
Electric carmaker Tesla pays off U.S. loan
DETROIT (Reuters) - Electric carmaker Tesla Motors Inc <TSLA.O> on Wednesday paid off its U.S. Department of Energy loan nine years earlier than required, using money raised last week in a stock and debt offering. Full Story
DETROIT (Reuters) - Electric carmaker Tesla Motors Inc <TSLA.O> on Wednesday paid off its U.S. Department of Energy loan nine years earlier than required, using money raised last week in a stock and debt offering. Full Story
Ford to close Australia auto plants: reports
SYDNEY (Reuters) - Ford Motor Co <F.N> is set to announce it is closing its two Australian auto plants and will cease production in the country by 2016 as it struggles with sliding sales, high costs and a strong Australian dollar, local media reported on Thursday. Full Story
SYDNEY (Reuters) - Ford Motor Co <F.N> is set to announce it is closing its two Australian auto plants and will cease production in the country by 2016 as it struggles with sliding sales, high costs and a strong Australian dollar, local media reported on Thursday. Full Story
PepsiCo rethinks U.S. pricing to attract more daily buyers
(Reuters) - PepsiCo Inc <PEP.N> said it is tweaking its drink-pricing strategy in some parts of the United States, as it aims to wean consumers off the habit of buying soda only when it is on sale. Full Story
(Reuters) - PepsiCo Inc <PEP.N> said it is tweaking its drink-pricing strategy in some parts of the United States, as it aims to wean consumers off the habit of buying soda only when it is on sale. Full Story
