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Apple's profit jumped 95% as the company posted record iPhone sales, as well as strong sales of its multimedia iPad device and Macintosh computers.
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When the staggering costs of BP PLC's deep-water Gulf of Mexico oil spill became clear, investors feared that small, independent oil and natural-gas producers would have to leave the area. A year later, surprisingly few companies have abandoned their offshore positions.
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The largest book publishers are facing increasing pricing pressure on the digital front as the number of cheap, self-published digital titles gain popularity. Amazon's top 50 best-seller list features 19 books under $5, including seven works from part-time thriller writer John Locke--all priced at 99 cents.
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Bolivia's plans to nationalize mines owned by Pan American Silver and Swiss commodities trader Glencore International appear to have hit a
snag, with local workers' unions at the two companies rejecting the move.
Unreliable data on oil production—starting with the world's largest exporter, Saudi Arabia—are adding to the price volatility triggered by unrest in the Middle East, despite efforts to improve transparency.
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A year after UBS mounted an ambitious effort to restore its investment bank to past glory, the efforts have been undercut on several fronts. Poor pay packages have sparked an exodus of talent.
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Macau casino operators Wynn Macau and Galaxy Entertainment Group reported first-quarter earnings were up sharply from a year earlier as revenue in the world's largest gambling market continued its rapid climb.
The federal government filed civil complaints against a California contractor here and eight in Hawaii and Washington state, alleging they forced hundreds of Thai laborers to harvest coffee and pineapples while living in squalor and enduring threats of abuse and deportation.
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Nissan said it will begin building its new Infiniti JX sport-utility vehicle in the U.S. next year in response to the rising value of the yen against the U.S. dollar.
County authorities in Texas are investigating a cattle farm for animal cruelty based on a graphic video of abuse being circulated by an animal-rights group. Live-cattle futures on the Chicago Mercantile Exchange fell on worries the video would cause a pullback in consumer demand for beef.
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Banks say they want to lend but there is little loan demand. Borrowers say they can't get one. The experiences of one upstate New York banker give a clue to how both statements can be true.
Furniture makers have found home decorators' new sweet spot—accessible custom furniture.
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It is spring selling season for U.S. mall landlords, with property giants Westfield Group, Simon Property Group and General Growth Properties marketing 40 malls across the country.
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One of the bright spots for BayernLB is Deutsche Kredit Bank, a unit with roots in communist East Germany, which dominates the apartment building and management business in eastern Germany.
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BMW is embracing social media, online documentaries and smartphone apps to create demand for its all-electric vehicles long before customers can buy one.
Facebook is trying to find its way in Washington, where it has only a fledgling lobbying operation, even though it finds its privacy policies under scrutiny and is trying to navigate expansion into China.
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Fiat swung to a quarterly profit, but the Italian car maker warned that parts shortages due to the earthquake in Japan would hurt production volumes.
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Sales of previously occupied homes in the U.S. rose slightly in March but prices remained weak, offering mixed signals for the struggling sector.
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A new erection-enhancing condom product, dubbed "Viagra for condoms," is nearing regulatory approval and could be on sale in Europe by the end of the year.
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Taco Bell said the law firm that had filed suit against the Mexican fast-food chain, alleging its ground beef contained little beef, has withdrawn the litigation.
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Making official its anticipated push to take on industry giant ESPN, Comcast struck a nearly $2 billion rights deal with the NHL and said it plans to relaunch its sports network Versus in a bid to transform the network into a top destination for sports fans and advertisers.
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