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Thursday, July 24, 2014

Business

Obama: Companies that 'Game the System' Not Playing Fair

3 hours 27 minutes ago - MSNBC Business
American companies that buy foreign firms to get a tax break are not doing right by their country, President Obama says in an interview with CNBC by Everett Rosenfeld

Amazon dives after losses blow out

3 hours 11 minutes ago - Financial Times
Retailer unnerves investors by forecasting that it will fall even deeper into the red in the current financial quarter

Comcast Steps Up Its Game on Internet Speeds

3 hours 25 minutes ago - Wall Street Journal
Comcast has begun extending fiber optic cable all the way to customers' homes in certain parts of its service area, as it competes with all-fiber providers on Internet speeds

Tempur Sealy takes bigger second-quarter loss; shares slide as company tweaks guidance

3 hours 51 minutes ago - Fox Business
Tempur Sealy reported a larger second-quarter loss on Thursday, and the bedding maker's shares slumped after it adjusted its annual guidance

Feds cap maximum fine this year for not buying health insurance at $2,448 per person

3 hours 47 minutes ago - Fox Business
Federal officials have capped the amount of money scofflaws will be forced to pay if they don't buy insurance this year under the new health care law

BlackBerry stakes out business customer

10 hours 26 minutes ago - Financial Times
Chief executive John Chen says the smartphone maker is out of danger and prepares to reclaim the business market with a new square device and a ‘classic’ keyboard device

Amazon Reports Another Loss

4 hours 10 minutes ago - Wall Street Journal
Amazon posted a massive sales bump but failed again to turn a profit, even as it has hinted at a growing resolve to boost margins

Legg Mason's Acquisition Fills A Major Gap, But A Bigger Problem Still Looms

4 hours ago - Forbes
While CEO Joe Sullivan has delivered on his promise to acquire a non-US equity manager, there is still room to question today's deal by Halah Touryalai

Paul McCartney Tickets Have Highest Stadium Average On Secondary Market

3 hours 48 minutes ago - Forbes
Every summer some of the biggest names in music bypass touring around arenas and instead opt to play stadiums, usually at least twice the size. This allows more fans to attend each show, adds more revenue for the additional amount of tickets sold, and usually also leads to high prices on the secondary market. With major collaborations like Jay-Z an... by Jesse Lawrence

Shumlin calls for budget cuts amid downgrade in Vermont's revenue forecast

4 hours 22 minutes ago - Fox Business
Recovery from the Great Recession almost seven years ago is still slogging through Vermont, with lower-than-expected state revenues forecast Thursday that prompted Gov. Peter Shumlin to call for budget cuts

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