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  • AP News in Brief at 5:58 a.m. EST

    Tens of millions of Northeast residents hunker down for storms not quite as bad as predicted NEW YORK (AP) — Tens of millions of people along the East Coast hunkered down for a storm that…

  • Aer Lingus backs takeover, needs Irish government support

    DUBLIN (AP) — Aer Lingus said Tuesday it supports a takeover bid by British Airways parent IAG, putting the Irish national airline with its trademark shamrock tailfins on course for foreign acquisition nine years after…

  • Greek bailout critic says he will be new finance minister

    ATHENS, Greece (AP) — A Greek economist and outspoken bailout critic wrote in a blog post Tuesday that he will be sworn in as finance minister under the country’s new left-wing government. The 53-year-old Yanis…

  • Russia announces anti-crisis plan after rating downgrade

    MOSCOW (AP) — After a top ratings agency cut Russia’s credit grade to “junk” status, the government in Moscow on Tuesday announced a plan that will see the economy return to a budget surplus in…

  • Siemens quarterly profit slips 25 pct on slow power business

    FRANKFURT, Germany (AP) — Industrial machinery maker Siemens AG says net profit fell 25 percent in its most recent quarter as lower earnings at its key power and gas business weighed on the bottom line.…

  • Facebook: Internal glitch caused hour-long global outage

    SEOUL, South Korea (AP) — Facebook said it suffered a self-inflicted outage lasting an hour on Tuesday that made its site inaccessible to users worldwide. The glitch reported in Asia, the United States, Australia and…

  • The latest on the Northeast snowstorm

    4 A.M. Maine Gov. Paul LePage declares a state of emergency and announces that all state offices are closed Tuesday. LePage cites the forecast for winter storm and blizzard conditions, as well as the potential…

  • Emirati airlines halt flights to Baghdad after shooting

    DUBAI, United Arab Emirates (AP) — Multiple airlines from the United Arab Emirates said Tuesday they were cancelling flights to Baghdad after a passenger plane arriving from the Mideast’s busiest airport in Dubai came under…

  • Philips’ net profit slumps in 4th quarter, sales edge lower

    AMSTERDAM (AP) — Royal Philips NV, the world’s biggest lighting maker, said Tuesday that its net profit slumped in 2014’s fourth quarter to 134 million euros ($ 151 million) from 412 million euros a year…

  • Asia stocks rise, Europe drifts as initial Greek nerves ease

    TOKYO (AP) — European stocks drifted lower and Asian markets were mostly higher Tuesday as investors calmed from initial jitters over Greece’s election result. KEEPING SCORE: France’s CAC 40 slipped 0.4 percent to 4,656.71 and…

  • Swiss drug maker Novartis posts Q4 profit drop

    BERLIN (AP) — Swiss pharmaceutical giant Novartis AG says fourth quarter net income dropped 26 percent but the company still posted a healthy 2014 annual profit. The Basel, Switzerland-based company said Tuesday that fourth quarter…

  • Democrats, Republicans spar over Benghazi investigation

    WASHINGTON (AP) — A special House committee investigating the deadly 2012 attacks in Benghazi, Libya, began last year with promises of bipartisanship and cooperation. Eight months later, the panel has devolved into finger pointing and…

  • A green energy blueprint’s vision, unmet in Liberia

    On paper, the pitch was simple. Buchanan Renewables, a green energy company backed by the U.S. government’s Overseas Private Investment Corporation, would convert Liberia to “The World’s First Biomass Driven Economy.” The company’s blueprint, detailed…

  • Super Bowl bad guys don’t take long to circle the wagons

    CHANDLER, Ariz. (AP) — Those bad guys from New England finally made it out West, and it didn’t take long for them to begin circling the wagons. An angry Robert Kraft led the way on…

  • Update on the latest business

    FINANCIAL-MARKETS Asia stocks mostly higher as initial Greek jitters ease TOKYO (AP) — Asian stocks were mostly higher today as markets calmed from initial jitters over Greece’s election result, with Tokyo shares making a significant…