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McDonald's comparable sales growth misses estimates

The logo of McDonald’s (MCD) is seen in Los Angeles, California, United States, April 22, 2016. Reuters/Lucy Nicholson/File Photo McDonald’s Corp (MCD.N) reported a 3.6 percent fall in quarterly revenue as fewer customers visited its restaurants, mainly in the United … Continue reading

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Caterpillar posts lower second-quarter earnings, lowers 2016 outlook

CAT machines are seen on a lot at Milton CAT in North Reading, Massachusetts January 23, 2013. Reuters/Jessica Rinaldi Caterpillar Inc (CAT.N) on Tuesday reported a lower quarterly net profit and lowered its full-year sales forecast as a weakened global … Continue reading

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Verizon reports bigger-than-expected fall in quarterly revenue

The logo of Verizon is seen at a retail store in San Diego, California April 21, 2016. Reuters/Mike Blake/File Photo Verizon Communications Inc (VZ.N) reported a bigger-than-expected fall in quarterly revenue as the No. 1 U.S. wireless carrier’s operations were disrupted … Continue reading

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Brewer AB InBev raises offer for rival SABMiller

A glass with beer and a bottle of Corona are seen in this picture illustration November 5, 2015. Reuters/Dado Ruvic/Illustration/File Photo Anheuser-Busch InBev (ABI.BR) raised its $100 billion-plus bid for rival brewer SABMiller on Tuesday after a slide in the … Continue reading

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Porsche to create more than 1,400 jobs for electric car

A view shows the logo of Porsche on a car in Moscow, Russia, July 6, 2016. Reuters/Maxim Zmeyev Porsche (VOWG_p.DE) has raised the number of jobs it will create for the production of its first all-electric sports car to more … Continue reading

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The identity crisis that led to Yahoo's demise

When senior Yahoo executives gathered at a San Jose hotel for a management retreat in the spring of 2006, there was no outward sign of a company in crisis. The internet pioneer, not yet a teenager, had just finished the … Continue reading

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Daimler's MyTaxi to merge with Hailo to take on Uber: sources

An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign September 15, 2014. Reuters/Kai Pfaffenbach/Illustration/File Photo Daimler (DAIGn.DE) will deepen its European footprint in the ride-hailing … Continue reading

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Renewed oil weakness sparks demand fears

Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. Reuters/Nick Oxford/File Photo U.S. oil … Continue reading

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Junk-rated U.S. municipalities shine brighter with record low rates

Construction is seen on a new housing development along the riverfront in Detroit, Michigan, December 9, 2015. Reuters/Rebecca Cook Record low interest rates so far have failed to spur a wave of new borrowing in the $3.7 trillion U.S. municipal … Continue reading

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Verizon sale leaves Yahoo investors betting on a stub

Yahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its multi-billion dollar stakes in two Asian peers after Monday’s deal to sell its core internet assets to Verizon … Continue reading

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