Stocks

The stock market has been so hot this year that it might need an ice-cold Fruitopia, or a Zima.

The results come as a boost for Chief Executive Officer Ramon Laguarta who took over from Indra Nooyi six months ago.

Major share benchmarks were mixed in Asia on Wednesday after China announced its economy grew at a better than expected 6.4% annual pace in the last quarter.

The Dow Jones Industrial Average slipped on falling shares of UnitedHealth and IBM, which missed its revenue target in the recently completed quarter. 

Stocks were higher on Wall Street in early trading Tuesday, erasing the market's modest losses from a day earlier.

Sprint and T-Mobile shares are falling after a Wall Street Journal report cast doubt on the likelihood of government approval of their $26.5 billion merger .

___ Apple, Qualcomm settle bitter dispute over iPhone technology SAN FRANCISCO (AP) — Apple and mobile chip maker Qualcomm have settled a bitter financial dispute centered on some of the technology that enables iPhones to connect to the internet.

Banks led stocks slightly higher on Wall Street Tuesday, erasing the market's modest losses from a day earlier, as investors weighed the latest batch of company earnings reports.

The latest on developments in financial markets (all times local): 9:35 a.m.

The traditionally Wall Street-focused investment bank is pivoting to the consumer market.

UnitedHealth Group is reporting strong first-quarter numbers driven by its main insurance business, as well as its pharmacy benefits division.

Tiger Woods' win at the Masters could revitalize the golf industry, which has struggled in the past decade while the game's biggest star was hobbled by issues on and off the course.

Also, Federal Reserve officials signaled confidence in the U.S. economy.

The BSE stock exchange in Mumbai has sought clarification from beleaguered Indian airline Jet Airways after news reports said the company planned to temporarily shutter its operations.

Shares advanced in Asia on Tuesday, led by a rally in Chinese shares.

U.S. stock indexes wavered in Monday morning trading, weighed down by losses for bank stocks.

___ Mnuchin says Fed independence is important globally WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says that the Federal Reserve's independence is important globally, while refusing to comment on President Donald Trump's latest attack on the Fed.

U.S. stock indexes edged lower on Monday, pulled down by sinking bank stocks, and the S&P 500 fell for just the third time in the last three weeks.

The latest on developments in financial markets (all times local): 9:40 a.m.

Lyft has pulled 3,000 electric bikes from the streets of New York, San Francisco and Washington, D.C., after customers complained the bikes were braking too hard.