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Goldman 2Q earnings jump, helped by lower legal expenses

Goldman Sachs' earnings jumped 78 percent from a year ago.

Yahoo snubs activist shareholder with 2 new directors

Yahoo set up a battle for control of its board by appointing two directors likely to further agitate an activist shareholder threatening to lead an investor mutiny aimed at ousting CEO Marissa... Read more »

March 10, 2016

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US adds a strong 242,000 jobs; rate holds at low 4.9 pct.

U.S. employers added a robust 242,000 workers in February as retailers, restaurants and health care providers drove another solid month for the resilient American job market. The unemployment rate... Read more »

March 4, 2016

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Sports Authority files for Chapter 11 bankruptcy protection

veting their favorite team's jersey with the personal touch of their name on the back are flocking online, likely not so much to the sports store at their local mall. Consumer habits are evolving. Read more »

March 2, 2016

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World stocks weighed down by G-20 inaction

Global stock markets were weighed down Monday by the failure of the world's leading economic policymakers to announce any new measures to boost the global economy. Some relief emerged with the news... Read more »

Feb. 29, 2016

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HSBC probed by US over hiring linked to Asian governments

London-based bank HSBC said Monday it is among a number of firms being investigated by U.S. authorities over the hiring of people connected to Asian governments, raising the risk of more expensive... Read more »

Feb. 22, 2016

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IMF nominates managing director Lagarde for second term

The International Monetary Fund has nominated managing director Christine Lagarde for a second five-year term. Read more »

Feb. 11, 2016

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Authorities reach $3.2B settlement with Morgan Stanley

Federal and state authorities on Thursday announced a $3.2 billion settlement with Morgan Stanley over bank practices that contributed to the 2008 financial crisis, including misrepresentations... Read more »

Feb. 11, 2016

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Obama sends Congress record $4.1 trillion 2017 spending plan

President Barack Obama sent Congress his final budget on Tuesday, proposing to spend a record $4.1 trillion on a number of initiatives, from a new war on cancer to combating global warming to... Read more »

Feb. 9, 2016

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North America, China power GM to record $9.7b annual profit

Strong earnings in North America and China and a reversal of fortunes in Europe powered General Motors to a record net profit of $9.7 billion last year. Read more »

Feb. 3, 2016

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Merck beats 4Q profit forecast, misses Street view on sales

Merck & Co. posted an 87 percent drop in fourth-quarter profit compared with last year when the drugmaker had a huge gain from the sale of consumer health business. It beat Wall Street profit... Read more »

Feb. 3, 2016

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UBS bank shares plunge as rich investors withdraw money

Swiss bank UBS saw its shares slide on Tuesday on news that investors had pulled billions out of its division serving wealthy clients — a token of the market turbulence that has shaken the... Read more »

Feb. 2, 2016

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China company accused of fleecing investors of $7.6 billion

Police arrested the maverick founder of China's largest online finance business on suspicion of fleecing 900,000 investors of $7.6 billion, in what could be the biggest financial fraud in Chinese... Read more »

Feb. 1, 2016

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US stocks edge mostly lower as energy prices plunge again

The stock market was able to recover from steep losses to close slightly lower on Monday as investors looked past another drop in the price of oil and renewed concerns about U.S. and Chinese... Read more »

Feb. 1, 2016

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Japan introduces negative interest rate to boost economy

The Bank of Japan on Friday said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up a... Read more »

Jan. 29, 2016

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Chase planning rollout of card-free ATMs

JPMorgan Chase will install new ATMs later this year that will allow customers to withdraw cash or initiate other transactions using their cellphone. Read more »

Jan. 26, 2016

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Johnson & Johnson beats 4Q profit views despite lower sales

& Johnson, despite a tough year of falling revenue, posted a 27.6 percent increase in fourth-quarter profit, as a big one-time gain offset restructuring and other charges taken by the... Read more »

Jan. 26, 2016

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LG Electronics posts 4Q loss as mobile business struggles

LG Electronics, the world's second-largest TV maker, on Tuesday reported an unexpected loss for the final quarter of 2015 as its smartphone business struggled and costs for raw materials rose. Read more »

Jan. 26, 2016

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Hyundai Motor's 2015 profit sinks to 5-year low

Hyundai Motor Co. reported its lowest annual profit in five years after a failure to fully anticipate strong demand for sports utility vehicles in China led to a sales drop in the world's largest... Read more »

Jan. 26, 2016

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Ford blames market conditions, pulls out of Japan, Indonesia

Ford Motor Co. is pulling out of Japan and Indonesia, saying that market conditions in each country have made it difficult to grow sales or make sustained profits. Read more »

Jan. 25, 2016

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Union Pacific 4Q profit falls 22 pct as freight volume slows

Union Pacific Corp.'s fourth-quarter profit fell 22 percent as the railroad hauled 9 percent less freight and worked to cut costs to match the reduced demand. Read more »

Jan. 21, 2016

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UK, Germany back Lagarde for new term at IMF

Britain and Germany gave their key backing Thursday for Christine Lagarde to stay at the helm of the International Monetary Fund for a second term. The savvy Frenchwoman, however, held back from... Read more »

Jan. 21, 2016

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Low oil complicates struggle to raise eurozone inflation

Low oil prices are complicating life for the European Central Bank in its struggle to push up the worrisome low inflation in the 19 nations that use the euro currency. Read more »

Jan. 20, 2016

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Anxiety in the air as Davos World Economic Forum kicks off

A prevailing sense of anxiety was in the air in the Swiss ski resort of Davos as the World Economic Forum kicked off Wednesday with delegates fretting about the turbulence in financial markets,... Read more »

Jan. 20, 2016

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Faced with array of risks, CEOs increasingly pessimistic

Facing a cocktail of risks from the economic slowdown in China to the rise of the Islamic State group, chief executives around the world are more pessimistic about the global economy than at any... Read more »

Jan. 19, 2016

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Delta posts $980 million 4Q profit on lower fuel prices

Cheaper jet fuel thanks to falling oil prices helped Delta Air Lines earn $980 million in the fourth quarter despite lower revenue than a year ago. Read more »

Jan. 19, 2016

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AP EXPLAINS: What Congress can do about Puerto Rico's debt

Puerto Rico's $72 billion public debt crisis has forced congressional leaders to pay attention to a U.S. territory that's usually on the sidelines of American politics. Read more »

Jan. 19, 2016

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China's slowdown challenges government, companies

China's slowdown is ratcheting up financial stress on companies while the country's leaders scramble to avoid a spike in job losses. Full-year 2015 growth of 6.9 percent was the lowest in 25 years,... Read more »

Jan. 19, 2016

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Bank of America 4Q profit rises 10 percent, beats forecasts

Bank of America profits rose nearly 10 percent in the fourth quarter as the bank cut costs and generated better results from lending and other activities in its consumer banking division. Read more »

Jan. 19, 2016

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Best Buy reports weak holiday shopping results, outlook

Best Buy's shares sank Thursday after the nation's largest consumer electronics chain reduced its sales outlook for the fourth-quarter as it reported weak holiday business in mobile phones and... Read more »

Jan. 14, 2016

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US stocks open mixed, stabilizing a day after a plunge

Stocks are mixed in the early going as the market stabilizes following its worst drop since September. Read more »

Jan. 14, 2016

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World shares rise as China exports improve

World shares rose Wednesday after China reported improved exports in December, salving nerves about the world's No. 2 economy, though a rally in Shanghai's stock market was short-lived. Read more »

Jan. 13, 2016

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Airbus tops Boeing in jet orders, but both face China risk

Airbus overcame technical toilet troubles and engine delays to win hundreds more plane orders in 2015 than rival Boeing, but a bigger problem may cloud this year for both companies: China's... Read more »

Jan. 12, 2016

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Despite job gains, US stocks slip a day after sharp plunge

Stocks slipped Friday morning, a day after the market had its worst day in three months. Indexes gave up an early gain driven by a report of strong job growth in December. The week is shaping up to... Read more »

Jan. 10, 2016

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Friday's US jobs report: Will hiring survive global turmoil?

For months, U.S. employers have steadily added jobs even as global growth has flagged and financial markets have sunk. Friday's jobs report for December may provide some hints of whether that trend... Read more »

Jan. 8, 2016

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US auto sales hit an all-time high in 2015

Americans are buying more new cars than ever before. Read more »

Jan. 5, 2016

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Chinese investors swearing off stocks after price turmoil

Yang Lihua was one of millions of small investors Beijing encouraged to join a stock-buying frenzy last year. But the Shanghai newspaper editor sold after prices collapsed in June and she vowed... Read more »

Jan. 5, 2016

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Global stocks sink after China index dives 7 percent

U.S. stocks are opening 2016 on a grim note, dropping sharply after a plunge in China and declines in Europe. Read more »

Jan. 4, 2016

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Target's turnaround gets shoppers back into stores

Target's efforts to draw shoppers back into its stores are paying off. Read more »

Jan. 4, 2016

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US stocks ended 2015 mostly flat, capping volatile year

Stock market took investors for a wild ride in 2015, but in the end it was a trip to nowhere. Read more »

Jan. 3, 2016

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How to spend $5 trillion: a record-breaking year in deals

Companies around the world spent a record $5.04 trillion on acquisitions in 2015, according to Dealogic, as slow worldwide economic growth and low interest rates pushed companies to combine forces. Read more »

Dec. 30, 2015

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In Russia, recession takes a bite out of the holiday feast

For most Russians, it's not New Year's without a Salad Olivier, a dish meant to augur prosperity. This year, soaring food costs mean the tradition can also be a painful reminder of how rapidly many... Read more »

Dec. 29, 2015

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Changing consumer tastes forcing companies like General Mills to change … fast

Grocery store favorites like Betty Crocker and Hamburger Helper are hurting. Cheerios, still the nation’s No. 1 cereal brand, needs some help. Read more »

Dec. 28, 2015

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Spain ruling party could be out with big vote for upstarts

A strong showing Sunday by a pair of upstart parties in Spain's general election upended the country's traditional two-party system, with the ruling Popular Party winning the most votes but falling... Read more »

Dec. 20, 2015

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Holiday sales show online shift

More often shoppers are making the decision to sit on their couches than head to stores this holiday season. Read more »

Dec. 18, 2015

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Women are getting paid more in corporate America — possibly because there are fewer of them

Women may be badly outnumbered in the top ranks of corporate America, but at least they aren't underpaid. Read more »

Dec. 18, 2015

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Buying a car? A home? Fed rate hike shouldn't matter much

For anyone considering whether to buy a home or car, the Federal Reserve's interest rate increase Wednesday shouldn't make much difference. Read more »

Dec. 16, 2015

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Fear and loaning: Investors are running from junk bonds

The junk-bond market has something to really fear: fear itself. Read more »

Dec. 14, 2015

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The agitators behind Dow, DuPont, Yahoo moves

Dow Chemical, DuPont and Yahoo didn't so much leap toward new corporate futures this week. They were pushed. Read more »

Dec. 11, 2015

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