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WASHINGTON – Rebuffed by both chambers of Congress, the chairman of the Senate Intelligence Committee on Thursday launched a new effort to expand the FBI’s subpoena power in terrorism cases. As House and Senate negotiators opened talks on the expiring USA Patriot Act, Sen. Pat Roberts, R-Kan., said talks have …

PURCHASE, N.Y. – PepsiCo Inc., the snack food and soft drink company, said Wednesday that it is restructuring certain operations to cut costs and reduced its year-end forecast to reflect the expense of the changes. The company did not provide details on the changes, but said they will cost $65 …

NEW YORK – Internet media company Yahoo Inc (YHOO) has backed out of the running to buy a stake in Time Warner Inc.’s (TWX) America Online (AOL) Internet unit. “After we learned what their proposed deal terms were we passed and we’ve never looked back,” a Yahoo spokeswoman said on …