Business

Strong Earnings From Wal-Mart, Cisco Drive Stocks Higher

U.S. stocks closed sharply higher Thursday, snapping a two-day losing streak. Investors cheered strong quarterly earnings from Wal-Mart Stores, Cisco Systems and other companies. Technology stocks accounted for much of…

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Report: Time Inc. in Merger Talks With Meredith

Time Inc. is considering a sale to fellow publisher Meredith Corp., according to media reports. The New York Times initially reported that the New York-based publisher of Time and other…

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New York State Fines Cigna for Insurance Violations

New York state has fined Cigna Health and Life Insurance Co. $2 million on accusations that it violated state insurance law. The state said the Bloomfield, Conn.-based insurer illegally sold…

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Japan Leads Asian Shares Higher, Oil Prices Steady

Asian shares rose Thursday, led by Japan, while oil prices were steady despite a second straight day of overnight losses on Wall Street. Analysts said that despite the rebound it…

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Business Briefs – November 15, 2017

‘Obamacare ‘ Mandate Repeal Would Remake Market For Consumers WASHINGTON (AP) – Millions are expected to forgo coverage if Congress repeals the requirement that Americans get health insurance. The drive…

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U.S. Stocks Decline For a Second Straight Day; Oil Falls

Technology companies led U.S. stocks lower Wednesday, giving the market its biggest loss since early September. Grocery stores and packaged foods and beverage companies accounted for much of the decline.…

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Southwest Pilot With Loaded Gun Arrested Before Boarding

A Southwest Airlines pilot was arrested early Wednesday after a loaded handgun was found in his carry-on luggage before his flight left St. Louis, officials said. The Transportation Security Administration…

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U.S. Retail Sales Rose for 2nd Month

U.S. retail sales rose at a solid pace last month, as bullish consumers bought more cars, furniture and clothes. The Commerce Department says retail sales increased 0.2 percent in October,…

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Airbus to Sell 430 Planes to Indigo for $49.5B

Airbus landed a deal for a record 430 of its A320neo-family jets on Wednesday as U.S. investor Bill Franke raised his bet on budget airlines. The preliminary deal, worth up…

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