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Europe's deepening economic crisis is cutting into corporate earnings, with the continent's woes threatening to exert a drag on multinational corporations around the world into next year.
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Sanford Weill, who built Citigroup Inc. through repeated acquisitions, on Wednesday called for the breakup of huge U.S. financial conglomerates.
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A Russian spy ring busted in the U.S. two years ago planned to recruit members' children to become agents, and one had already agreed to his parents' request, according to current and former U.S. officials.
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Zynga posted a second-quarter loss despite rising revenue, and the online-games provider lowered its full-year outlook, driving its share price lower in after-hours trading.
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J.C. Penney plans to make further price cuts across much of its merchandise, as CEO Ron Johnson shifts tactics to win back shoppers confused by a strategy to rein in promotions.
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Lloyds bank posted a first-half net loss of $1.05 billion, but the U.K. bank said it was on track to meet 2012 targets as it continues to shrink its business.
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Banco Santander's second-quarter profit sharply undershot expectations Thursday as the Spanish banking giant set aside almost all of its earnings as provisions against real-estate losses in its home market.
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Alcatel-Lucent said it plans $911.8 million in new cost-cuts by the end of 2013, including the elimination of 5,000 jobs, as the telecommunications-equipment maker suffered from cutthroat competition and a sluggish economic environment.
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When Mitt Romney visits London for a fundraiser and heads to another in Jerusalem, he will seek to tap a growing donor bloc that has so far favored Obama: the expatriate.
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Olympics organizers aim to sell about $1.55 billion of Games-related merchandise, ranging from bed linens, to rubber ducks, to oven mitts. Retail analysts have their doubts.
A professor has been cooking up treats using an ingredient he says can make baked goods more filling and nutritious. One hurdle: His superfood is the stuff left over from turning corn into fuel ethanol.
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EBay is exploring ways to harness an untapped class of buyers: Kids. It may allow consumers who are under 18 years old to set up accounts and access the eBay.com website to buy vintage T-shirts, jewelry, school supplies or other products.
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The "Help Wanted" sign is a regular fixture at small businesses which, like manufacturers, oil companies and other large businesses, are struggling to hire workers with the right skills.
A 5,200-square-foot Edwardian home in San Francisco's Pacific Heights neighborhood is on the market for $4.5 million.
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MGM Holdings, the parent of film studio Metro-Goldwyn-Mayer, is planning a possible public stock offering, the company said. It offered few details about what it called a "confidential" filing with the Securities and Exchange Commission.
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The long-simmering war between Amazon.com and Apple is starting to boil over, with the tech giants are going head-to-head in an increasing number of areas such as phones, tablets and content.
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The online retailer was pricey to begin with and doesn't look any more attractive with a cut-rate tablet thrown in. Thursday's second-quarter results could embolden the skeptical minority on Wall Street.
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Real-Time Advice: The stock looks affordable, even if Wall Street guessed wrong on earnings, writes Jack Hough.
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A former Newark grocery-store owner has been sentenced to six years in prison for his role in a scheme to steal more than $1 million from a federal child nutrition program by using fraudulent vouchers.
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U.K. economic output collapsed 0.7% in the second quarter, much larger than expected, heightening questions about the pace and effectiveness of the government's austerity program.
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Symantec is replacing Chief Executive Enrique Salem with Chairman Steve Bennett as the company struggles to shift its business model to one based on regularly occurring subscription revenue and away from one-time license sales.
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Sanofi said its experimental vaccine against mosquito-borne dengue fever proved effective and safe in a study in 4,000 children in Thailand.
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Luxury hotels are boosting efforts to cater to children, responding to increasing demand for kid-friendly services from travelers.
With Barack Obama, the competition between the private economy and the public economy is clear.
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New York Gov. Andrew Cuomo has studiously avoided talk of a 2016 White House run, but he has amassed the nation's largest gubernatorial war chest and organized a series of August policy summits.
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Why author and London resident Nick Hornby hasn't caught Olympic fever.
A frequent result: enraged men and pressured women—unless a husband's salary is high enough.
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This 10-acre home outside Denver is slated to go to auction with no minimum bid or reserve price.
What you should read today on start-ups and small businesses.
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In today's pictures, a flexible boy promotes activity among the elderly in Hong Kong, a baby whose father was shot at a Colorado movie theater is born, people relax at the Dead Sea, and more.
A smattering of upscale restaurants like Citron are expanding to let dog owners dine al fresco with their pooches while creating a source of extra revenue in a competitive industry.
In today's pictures, police patrol a hydroelectric dam in China, a new Ms. Alabama Nursing Home winner is crowned, young students learn about science in Washington state, and more.
Sally Ride, the first American woman to fly in space, has died. She was 61.
The owners of this Pueblo Revival-style home in New Mexico left the irritants of East Coast living for cleaner air and gorgeous scenery.