Markets
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Stocks slip on a quiet day on Wall StreetAug 05, 2013 4:41 pm - NEW YORK — A quiet day of trading left stock indexes mixed Monday. There was little in the way of news to shake the market out of a summertime stupor, other than a repo...
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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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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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Apple gets reprieve, can continue IPhone 4 salesAug 03, 2013 5:24 pm - Apple Inc. can continue selling its iPhone 4 and iPad 2 3G in the U.S. after receiving a reprieve from an import ban won by Samsung Electronics Co. in a patent- infringe...
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Red Sox owner enters $70 million deal for Boston GlobeAug 03, 2013 1:30 pm - BOSTON — Businessman John Henry, the principal owner of the Boston Red Sox, has entered into an agreement to buy The Boston Globe for $70 million, a massive drop from it...
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CBS, Time Warner in talksAug 03, 2013 1:22 pm - Time Warner Cable and CBS say they are trying to settle a fee dispute that has left three million customers without the network’s programs. A Time Warner spokeswoman say...
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Tepid jobs news barely dents stock market advanceAug 02, 2013 4:29 pm - NEW YORK — A tepid jobs report Friday barely dented a summer rally on the stock market. The Standard & Poor’s 500 index ended the week 1 percent higher after breaking t...
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North Carolina challenges Alcoa’s property rightsAug 02, 2013 4:26 pm - RALEIGH, N.C. — North Carolina officials filed a lawsuit Friday in a long-running fight with Alcoa Inc. over who will control the water and electric power that comes fro...
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Dell CEO ups ante in buyout battle for PC makerAug 02, 2013 3:54 pm - ROUND ROCK, Texas — Just when it looked as if he might be vanquished, Dell CEO Michael Dell has regained the advantage in a lengthy battle to buy the slumping personal c...