Markets
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Billionaire Paulson loses more than $300 million as gold slumpsApr 13, 2013 3:56 pm - Billionaire John Paulson lost more than $300 million of his personal wealth on his gold bet, as the precious metal fell to its lowest price in almost two years. Paulson ...
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Biotech industry at stake as court weighs human gene patentApr 12, 2013 4:54 pm - WASHINGTON — For 30 years, biotechnology innovators have secured thousands of U.S. patents on genes, defining the legal rights to medical and agricultural products worth...
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McDonald’s gives former and new CEOs pay bumpsApr 12, 2013 3:46 pm - NEW YORK — McDonald’s Corp. more than tripled the pay packages last year for its new CEO Don Thompson and the man he replaced, Jim Skinner. The pay increases came at a c...
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Stocks end a four-day advanceApr 12, 2013 3:42 pm - NEW YORK — A four-day surge in the stock market came to an end on Friday as falling commodity prices brought down energy and mining companies. Signs of a slowing econom...
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Stocks rise for fourth day in a row, led by retailApr 11, 2013 4:04 pm - NEW YORK — Rite Aid, Ross Stores and other retailers surged Thursday after turning in better sales, and major stock market indexes rose for a fourth day straight. The di...
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Wild, unregulated hacker currency gains followingApr 11, 2013 9:00 am - LONDON — With $600 stuffed in one pocket and a smartphone tucked in the other, Patricio Fink recently struck the kind of deal that's feeding the rise of a new kind of mo...
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Minutes show Fed supports stimulus through midyearApr 10, 2013 11:27 am - WASHINGTON — A majority of Federal Reserve policymakers want to continue extraordinary bond purchases to help boost the U.S. economy at least through the middle of the y...
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Stocks rise sharply, led by gains in technologyApr 10, 2013 11:27 am - NEW YORK — Technology stocks roared back Wednesday, driving the Standard & Poor’s 500 and Dow Jones industrial average to record highs. The industry has lagged the broad...
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Dow Jones average closes at another record highApr 09, 2013 4:32 pm - NEW YORK — Materials and energy companies led the stock market higher Tuesday, sending the Dow Jones industrial average to its second all-time high in a week. The Dow c...
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Stocks rise ahead of earnings seasonApr 08, 2013 4:34 pm - NEW YORK — Stocks ended modestly higher Monday, shrugging off an early decline, as investors waited to see whether big U.S. companies would deliver on expectations of st...