China launches probe of Microsoft’s data practices, alleging “major problems”

The Chinese government expanded its probe of Microsoft’s business practices in the country, alleging “major problems” in the company’s electronic data. In a statement, China’s State Administration for Industry and

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Short seller flips, Lumber Liquidators soars

Shares of Lumber Liquidators Holdings (LL) soared more than 25% Tuesday after hedge fund manager Whitney Tilson reversed position and covered his short bet against the flooring retailer. The company’s

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2015 was good year for M&A-minded companies

Easy money, hunger for market share and increasingly open borders for global business have driven companies worldwide to pursue deals in the most heated mergers and acquisition year ever. The

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Stocks rise in attempt to break 3-day slide; oil drops again

Stocks rose Thursday as Wall Street attempts to halt its recent 3-day downturn despite another drop in oil prices. Investors have been confronting a variety of worries this week including

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Stocks’ win streak hits six weeks

Stocks ended mostly higher Friday and bond yields spiked after a robust October jobs report increased the odds that the Federal Reserve will finally pull the trigger and raise interest

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EMC shares spike on anticipated Dell buyout

EMC shares rose 4% in after-hours trading on Friday on a report from technology news outlet Re/code that Dell is offering $27.25 a share in cash and a tracking stock

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Wall Street to give Fed minutes a once-over

The Federal Reserve’s September meeting was notable for what the Fed did not do: raise interest rates for the first time in nearly a decade, a decision that at the

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Kohl’s, Toys R Us go on holiday hiring binge

Retailers are already in the process of prepping stores for hordes of customers during the holidays by hiring tens of thousands of additional employees. Kohl’s and Toys R Us announced

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Labor market, retail sales and industrial production —gaining momentum

A light week of economic news will highlight whether some key economic engines — the labor market, retail sales and industrial production — are gaining momentum into the second half

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Exchange to crack down on manipulators

The nation’s third largest stock exchange operator is seeking to crack down on “spoofing” and other manipulative practices that may have helped cause the 2010 stock market dislocation known as

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Economy grew in all 12 districts in May and June

The U.S. economy gained momentum in May and June on a pickup in consumer spending and the housing market, but the strong dollar and pullback in oil drilling continued to

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Nasdaq new high but up just 0.2% from 2000 peak

The Nasdaq composite made history yesterday, topping its old intraday record high from March 2000. Markets cheered the news. But the sad truth is the Nasdaq is simply back to

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Yellen says Fed on track for first rate hike this year

Federal Reserve Chair Janet Yellen said Friday the central bank remains on track to raise interest rates this year but will do so gradually, adding that she expects the economy

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Altera shares jump on talk of Intel bid

Shares of computer chipmaker Altera are up Friday amid renewed speculation about an acquisition by industry giant Intel. Shares of San Jose, Ca.-based Altera were 4.34%% or $2.04 higher, at

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Google unveils Fi, new wireless service

Google has unveiled its hotly anticipated wireless service Project Fi to prod the telecom industry to make mobile service in the U.S. faster, easier and less expensive. The Internet giant

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Relief rally: Stocks soar on Fed rate news

U.S. stocks rallied sharply after the Federal Reserve ruled out interest rate hikes at next month’s meeting and said it had not “decided on the timing” of the first rate

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