Business Wire

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Disney moves toward $10 hourly starting pay as job market rebounds

Walt Disney World is among big companies moving toward paying workers at least $10 per hour — a change that experts say will improve the standard of living for the lowest-paid employees and... Read more »

Published 11 hours ago

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US to evaluate Impala air bag performance

The U.S. government's highway safety agency has decided to seek further information from General Motors about air bag failures in some Chevrolet Impala full-size cars. Read more »

Published 15 hours ago

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US rig count up 12 to 1,883; Utah numbers unchanged

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose 12 this week to 1,883. Read more »

Published 15 hours ago

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Cellphone unlocking set to become legal again

Congress has passed a bill that makes it legal to "unlock" cellphones so the devices can —at least in some instances— be used on other carriers. Read more »

Published 15 hours ago

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Worries about US consumers drag stocks lower

The stock market sank in early trading Friday after Visa and Amazon posted weaker results than Wall Street expected. If the declines continue, the market would erase almost all of its gains from... Read more »

Published 16 hours ago

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Russian execs fear lasting damage from Ukraine plane crash

Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that... Read more »

Published 19 hours ago

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Global tensions can't dent enthusiasm for stocks

A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky. Read more »

Published 19 hours ago

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Family feud sparks revolt at grocery store chain, fight to keep CEO

It's been called a David vs. Goliath story, a "Tale of Two Arthurs" and even the "ultimate Greek tragedy," but the characters in this drama are not Biblical or literary figures. Read more »

Published 22 hours ago

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Battered by recalls, GM buoyed by its large SUVs

Tens of thousands of buyers have flocked to buy GM’s largest SUVs — and buoyed the company’s bottom line just when it needs it most. Read more »

Published yesterday

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Airlines report big 2Q profits on strong demand

Investing in airlines has long been the butt of jokes, especially when many U.S. carriers traipsed through bankruptcy court in the past decade. Read more »

Published yesterday

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Across US job market, layoffs are becoming rare

As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Read more »

Published yesterday

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IMF cuts US and global growth forecasts for 2014

The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies. Read more »

Published yesterday

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Ford 2Q net profit up 6 percent to $1.3 billion

Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years. Read more »

Published yesterday

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Ukraine worries 'set to weigh' on eurozone economy

The escalating tensions in Ukraine, which have led to a sharp deterioration in relations between the West and Russia, could weigh on a modestly improving economic recovery in the 18-country eurozone. Read more »

Published yesterday

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NYC official: Thieves got into 1,000 StubHub accounts

The Manhattan district attorney says six people have been indicted in an international ring that managed to take over more than 1,000 StubHub users' accounts and fraudulently buy tickets to such... Read more »

Published July 23, 2014

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US economy, though sluggish, may now be sturdier

Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged. Read more »

Published July 23, 2014

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Fair Trade brings big sales and a clear conscience

Brooklyn Roasting Co. has a booming business based on helping people thousands of miles away. Read more »

Published July 23, 2014

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Get paid for posts? Social networking's new twist

Facebook and most other social networks are built on the premise that just about everything should be shared —except the money those posts produce. Read more »

Published July 23, 2014

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Retail trade group reduces annual sales forecast

The nation's largest retail trade group is paring its annual sales forecast because of slower-than-expected growth during the first half of the year tied to winter storms and lingering economic woes. Read more »

Published July 23, 2014

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Commercial jets push Boeing profits up 52 percent

Increased production of passenger jets helped push up Boeing's profit by 52 percent in the second quarter, topping Wall Street's expectations. Read more »

Published July 23, 2014

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Oil stays above $102 amid Gaza peace efforts

The price of oil inched further above $102 a barrel Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe imposed additional sanctions on Russia that fell short... Read more »

Published July 23, 2014

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Ultra high definition TVs boost LG Display profit

LG Display Co. said profit for the April-June quarter more than doubled as a stronger won reduced the value of its foreign debt and the World Cup boosted demand for ultra-high-definition TVs. Read more »

Published July 23, 2014

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Review: Amazon Fire offers new ways to use phones

What I find fascinating about Amazon's Fire phone isn't the gizmos such as the 3-D imagery or the camera scanner that helps you get more information about products. Read more »

Published July 23, 2014

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Airlines scrap Israel flights over missile fear

Two U.S. airlines cancelled all flights to Israel until further notice, after a rocket landed near Tel Aviv's Ben Gurion Airport. Read more »

Published July 22, 2014

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Credit Suisse in steep loss after US tax case

Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S.... Read more »

Published July 22, 2014

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