Business Highlights

[...] its aggressive expansion isn't without cost; next month, it will raise prices for loyal subscribers, and it faces tougher competition from less expensive rivals.

NEW YORK (AP) — Hotels are getting more aggressive in their fight to get travelers to book reservations directly with them instead of through online travel agencies such as Expedia and Priceline.

[...] the economic impact is nowhere near as large as the havoc wreaked by the 2011 quake and tsunami disasters, which slammed supply chains so badly that Japanese automakers' production was halted even in the U.S.

Lew last week did offer some hints about where the decision may be headed in an interview with CNBC, saying there may be use of "the front and the back of the bill to tell an exciting set of stories."

U.S. homebuilders' confidence held steady in April, reflecting an overall optimistic outlook in the market for new homes even as a gauge of current sales fell slightly.

PURCHASE, N.Y. (AP) — PepsiCo CEO Indra Nooyi said Monday the company is reshaping its product lineup to better reflect the growing interest in healthy eating and noted it has reduced its reliance on colas for sales.

The remarks underscore PepsiCo's recent shift in tone as the world's biggest soda brands have been pressured by intensifying competition and a bad image for fueling weight gain in markets such as the U.S.

LONDON (AP) — A collision between a British Airways passenger jet and a drone over London has left the plane undamaged but the aviation industry deeply shaken.

London's Metropolitan Police Chief Superintendent Martin Hendry said the incident "highlights the very real dangers of reckless, negligent and sometimes malicious use of drones."

MIAMI (AP) — Faced with protests, political pressure and a lawsuit, Carnival Corp. announced Monday it will allow Cuban-born passengers to book cruises to the island but will delay the trips if Cuba does not change its poli