NEW YORK (AP) — Stocks are moving higher in afternoon trading on Wall Street, helped by gains in big technology companies. Amazon soared 15 percent after revealing details about its cloud computing service for the first time. Google and Microsoft also rose after reporting quarterly results. The technology-heavy Nasdaq has been higher than the rest of the market. That’s after a record close yesterday.
NEW YORK (AP) — PepsiCo says it’s dropping aspartame from Diet Pepsi in response to customer worries and replacing it with sucralose, an artificial sweetener commonly known as Splenda. Rival Coca-Cola says it has no plans to stop using aspartame in Diet Coke, the country’s top-selling diet cola. The Food and Drug Administration says aspartame, known by the brand names Equal and NutraSweet, is “one of the most exhaustively studied substances in the human food supply” and more than 100 studies have found it to be safe.
DETROIT (AP) — Harley-Davidson is recalling nearly 46,000 motorcycles in the U.S. because they could stay in gear due to clutches that won’t fully disengage. The recall covers certain Electra Glide, Ultra Limited, Police Electra Glide, Street Glide, Road Glide and Road King models from the 2014 and 2015 model years. The problem was found through customer complaints. Harley reported 27 crashes and four minor injuries.
DETROIT (AP) — General Motors CEO Mary Barra’s compensation more than tripled in 2014 to $15.8 million in her tumultuous first year in the automaker’s top job. Barra and other top executives got only 74 percent of the cash incentives they could have received, because GM fell short of goals set by the board. But her stock awards more than doubled from 2013, when she was senior vice president of for product development and purchasing.
NEWARK, N.J. (AP) — New Jersey Gov. Chris Christie’s wife has left her lucrative job at a Wall Street firm as her husband prepares for a potential run for the White House. A spokesman for Christie’s office says Mary Pat Christie recently resigned as managing director at Angelo, Gordon and Co. and is putting her career on hiatus to spend more time with her family.
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