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Microsoft made $4.5 billion in Q3 2014, 13 percent lower than the same time last year

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Microsoft has reported a decline in its profits as a result of costs related to job cuts and its purchase of Nokia's smartphone business...

The NHTSA has expanded a recall of vehicles with potentially dangerous Takata airbags to 7.8 million

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The National Highway Traffic Safety Administration (NHTSA) has expanded a recall of vehicles with potentially dangerous Takata airbags to 7.8 million. The NHTSA warned that...

Americans who rely on federal benefits will get a 1.7 percent increase in their monthly payments in 2015

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Americans who rely on federal benefits will get a 1.7% increase in their monthly payments in 2015, the US government announced on October 22. It's...

Warren Buffett has lost $2.5 billion only this week after a sharp decline in IBM and Coca-Cola shares

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Warren Buffett has lost $2.5 billion only this week after a sharp decline in IBM and Coca-Cola shares. IBM and Coke represent two of Berkshire...

Microsoft CEO Satya Nadella has been given a pay package worth $84.3 million

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Microsoft CEO Satya Nadella has been given a pay package worth $84.3 million, making him one of the top earners in the tech industry. The...

McDonald’s and Coca-Cola have posted sharply lower profits for Q3 2014

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McDonald’s and Coca-Cola have posted sharply lower profits for Q3 2014. McDonald's saw earnings fall 30%, while Coca-Cola's fell 14%, with both citing lower US...

Christophe de Margerie had been chief executive of Europe's third largest oil company since 2007

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Total CEO Christophe de Margerie has died in an air crash in Moscow. Christophe de Margerie’s corporate jet collided with a snow plough and then...

China's economic growth has reached its slowest pace since the global financial crisis

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China's economic growth has reached its slowest pace since the global financial crisis, causing speculation the government may introduce more stimulus measures. China’s GDP rose...

Warren Buffett lost $1.06 billion after the plunge in IBM shares

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Warren Buffett lost $1.06 billion after the plunge in IBM shares on October 20. IBM stock fell $15.05 at the open, and Warren Buffett held...

Lufthansa pilots strike has triggered the cancelation of 1,511 flights

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A new Lufthansa pilots strike has triggered the cancelation of 1,511 flights over October 20 and October 21. The strike was initially aimed at mostly...

IBM is to pay $1.5 billion in cash to offload its loss-making chip manufacturing division to GlobalFoundries

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IBM is to pay $1.5 billion in cash to offload its loss-making chip manufacturing division to Abu Dhabi sovereign wealth fund GlobalFoundries. IBM, which wanted...

Joko Widodo has been sworn in as Indonesia’s new president in a Jakarta ceremony

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Joko Widodo has been sworn in as Indonesia’s new president in a Jakarta ceremony. The 53-year-old charismatic outsider who won Indonesia's presidency made a call...

Texas can use its controversial new voter ID law for the November election

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Texas can use its controversial new voter ID law for the November election, the Supreme Court ruled on October 18. A majority of the justices...

Morgan Stanley has reported an 87 percent jump in profits to $1.65 billion in Q3 2014

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Morgan Stanley has reported an 87% jump in profits to $1.65 billion in Q3 2014. Trading of currencies, commodities and bonds was a big driver...

World’s markets have staged a partial recovery after a week of precipitous falls and volatility

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World’s markets have staged a partial recovery after a week of precipitous falls and volatility. London's FTSE 100 index was up over 1% in mid-afternoon...

Rolls-Royce Holdings has warned of falling revenues as trade sanctions against Russia begin to bite

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Rolls-Royce Holdings has warned of falling revenues as trade sanctions against Russia begin to bite. Customers of Rolls-Royce’s nuclear, energy and power systems businesses have...

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As a business owner, there may come a time in your professional career that you want to sell the business. This is extremely common,...

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Being a business owner can be extremely rewarding, and it’s something that many people would like to accomplish at some point in their life....

Goldman Sachs has reported a 50 percent jump in profit in Q3 2014 after a sudden jolt in bond market activity helped boost revenues

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Goldman Sachs has reported a 50% jump in profit in Q3 2014 after a sudden jolt in bond market activity helped boost revenues. The investment...

European markets continue to tumble on amid fears of a global economic slowdown and the impact of the Ebola crisis

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European markets continue to tumble on October 16 amid fears of a global economic slowdown and the impact of the Ebola crisis. The main stock...

Asian markets opened lower after Wall Street tumbled on US economic data

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Asian markets opened lower on October 16 after Wall Street tumbled on US economic data, fuelling growth concerns. Data from the US showed retail sales...

Macy's will open most of its department stores on Thanksgiving night at 6PM, two hours earlier than last year

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Retailers have announced their hours for this year’s Thanksgiving weekend. Black Friday marks the traditional kick-off to the holiday shopping season, and the shift toward...

Chiles Cartwright owns two companies, a consultancy business and a building materials supplier

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Shropshire businessman Chiles Cartwright has become the first candidate to be fired from this year's The Apprentice after Lord Alan Sugar failed to buy...

Bank of America has reported a net profit of $168 million in Q3 2014, down from $2.5 billion a year earlier

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Bank of America has reported a net profit of $168 million in Q3 2014, down from $2.5 billion a year earlier. Total revenue was $21.4...

Ann Romney has denied Mitt Romney will make a new bid for the White House in 2016

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Ann Romney, the wife of former Republican presidential candidate Mitt Romney, has denied he will make a third bid for the White House, amid...