FACEBOOK RESULTS KEEP SURGING ON MOBILE AD GROWTH -- 2ND UPDATE 

Facebook Inc. on Wednesday put to rest any lingering doubts about its ability to transform its business into a mobile-advertising juggernaut(published 2340 GMT Wednesday)

 
 
AT&T REPORTS PROFIT DECLINE BUT ADDS MORE USERS--3RD UPDATE 

AT&T Inc. said its second-quarter profit fell 7.2% as wireless service revenue took a hit from a drop in prices tied to a shift in strategy. (published 2301 GMT Wednesday)

 
 
QUALCOMM PROFIT RISES, COMPANY NOTES 'CHALLENGES' IN CHINA--2ND UPDATE 

China has turned into a double-edged sword for chip giant Qualcomm Inc. (published 0002 GMT)

 
 
BOEING RAISES EARNINGS OUTLOOK -- 3RD UPDATE 

Boeing Co. is wrestling with problems developing a new military refueling tanker, underscoring the challenges facing its defense business at a time when sales of commercial jets are booming. (published 2039 GMT Wednesday)

 
 
U.N. BODY TO WIDEN FLIGHT WARNINGS 

The Federal Aviation Administration's move on Wednesday to temporarily extend the ban on U.S. airline flights to Israel is a prelude to a broad international effort stressing the responsibility of all countries to safeguard carriers from hostilities around the globe. (published 2324 GMT Wednesday)

 
 
AMERICAN APPAREL NAMES NEW BOARD IN STEP TO RESOLVE LEADERSHIP CRISIS -- UPDATE 

American Apparel Inc. on Wednesday chose a new board, bringing the company a step closer to determining the fate of Dov Charney, the company's founder, who was suspended as chief executive in June. (published 2222 GMT Wednesday)

 
 
GILEAD SCIENCES REPORTS STRONG SOVALDI SALES--2ND UPDATE 

For decades, a liver disease that would slowly kill the infected person didn't even have a name, let alone an effective medicine. (published 2349 GMT Wednesday)

 
 
GM ENDING PRODUCTION OF EUROPEAN PLUG-IN HYBRID AMPERA 

General Motors Co. will stop selling the European version of its plug-in hybrid Chevrolet Volt amid lackluster sales. (published 2340 GMT Wednesday)

 
 
PARENT OF SHANGHAI HUSI FOOD APOLOGIZES-- 4TH UPDATE 

The chief executive of the meat supplier at the center of a food-safety investigation in China apologized Wednesday after some of the company's employees were detained and the Chinese unit's management was accused of intentionally selling expired meat to restaurants. (published 2104 GMT Wednesday)

 
 
NEWCREST OUTPUT RISES, FLAGS WRITEDOWNS 

Newcrest Mining Ltd. said it produced more gold than expected during its financial year, but warned it may face further multibillion-dollar write-downs against the value of its operations. (published 0026 GMT)

 
 
INSURANCE AUSTRALIA GROUP LIFTS MARGIN FORECAST AGAIN 

Insurance Australia Group Ltd. again lifted the forecast for its insurance margin in the just-ended fiscal year, thanks largely to fewer major natural disasters, but tightened its expectation for growth in gross written premiums. (published 2308 GMT Wednesday)

 
 
DESPITE OBSTACLES, PETROBRAS SHARES ARE ON RISE 

Brazil's state-run oil company Petroleo Brasileiro SA has become the world's most indebted oil major, its petroleum production has stagnated, and it is facing several congressional and legal inquiries. (published 2224 GMT Wednesday)

 
 
BOMBARDIER SHAKES UP ORGANIZATION, TO CUT 1,800 JOBS -- UPDATE 

Canadian transportation-equipment giant Bombardier Inc. said Wednesday the head of its aerospace unit is retiring as part of a corporate shake-up that will see the company shed 1,800 jobs. (published 0004 GMT)