Finance
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Washington Post sale ends Buffett’s stake in paperAug 06, 2013 5:00 pm - OMAHA, Neb. — Warren Buffett’s company’s longtime stake in the Washington Post newspaper will end when the publication is sold to Amazon.com founder Jeff Bezos. Buffett’...
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McDonald's franchisees rebel as chain raises feesAug 06, 2013 4:00 pm - McDonald's Corp., already struggling to sell burgers in the U.S., now must contend with a brewing franchisee revolt. Store operators say the company, looking to improve ...
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Stocks slide on weak profitsAug 06, 2013 3:53 pm - NEW YORK — Warnings of weaker profits helped pull the stock market down on Tuesday, despite some positive economic news. American Eagle plunged after the retailer slash...
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Oak Brook’s Inland Real Estate Investment names new CEOAug 05, 2013 11:15 am - Inland Real Estate Investment Corp. of Oak Brook, named Mitchell A. Sabshon Chief Executive Officer, succeeding Robert Parks, who will continue as chairman of the compan...
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Hedge funds: from rock stars to fallen stars?Aug 04, 2013 7:36 am - NEW YORK — Hedge funds were once the rock stars of the financial industry. The smartest people worked for them. The wealthiest gave them their money. They were an easy p...
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Financial considerations for homebuyers over 40Aug 04, 2013 7:26 am - LOS ANGELES — It’s often the most daunting and emotionally taxing item on one’s financial to-do list: Buying a home. Most people wade into homeownership for the first t...
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Following Bernanke means using precedent of unprecedented policyAug 04, 2013 6:48 am - WASHINGTON — The success of the next Federal Reserve chairman, be it Janet Yellen, Lawrence Summers or someone else, will depend less on their grounding in monetary poli...
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When a mutual fund says it doesn’t want your moneyAug 04, 2013 6:27 am - NEW YORK — “No thanks.” That’s what a growing number of mutual fund managers are telling investors who want to hand over their money, and it’s occurring just as many inv...
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Back-to-school shopping likely to be less this yearAug 04, 2013 6:00 am - Tiffany Slaney-Leigh, 14, of El Cerrito, Calif., says she'd love to get a laptop, an iPhone, three-inch wedge sneakers, mini dresses and a butterfly tattoo on her hip be...
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New jobs disproportionately low-pay or part-timeAug 03, 2013 4:56 pm - WASHINGTON — The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse. A disproportionate number of the added jobs were p...