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  • Shell to revive plans to drill in Arctic
    Associated Press | January 29, 2015 1:01 pm
    Royal Dutch Shell Plc plans to resume drilling in Alaska this year even as it plans to cut spending by $15 billion over the next three years because of the drop in oil prices.
  • Russia to cut budget for 2018 World Cup amid economic woes
    Associated Press | January 29, 2015 12:49 pm
    Russia will cut the budget for hosting the 2018 World Cup as part of plans to slash state expenditure while recession looms, Sports Minister Vitaly Mutko said on Thursday.
  • Ford beats estimates despite declines in earnings, revenue
    Associated Press | January 29, 2015 11:54 am
    Ford Motor Co. is putting a tough year behind it and promising big things despite a bumpy global market.
  • Jones New York to close stores, end wholesale business
    Associated Press | January 29, 2015 10:54 am
    Jones New York announced Thursday that it is closing stores, discontinuing its wholesale business and will look at strategic alternatives for its brand.
  • Alibaba shares tumble on 4Q revenue miss
    Associated Press | January 29, 2015 10:18 am
    Alibaba's Group shares dropped 10 percent on Thursday after the Chinese e-commerce powerhouse reported holiday-quarter revenue that surged 40 percent but missed analyst expectations.
  • Nokia turns to fourth quarter profit buoyed by strong growth
    Associated Press | January 29, 2015 10:00 am
    Nokia made a net profit of 443 million euros ($502 million) in the fourth quarter and sales grew nearly 10 percent, but its share price fell Thursday as the results were offset by a poor performance in some regions, higher costs and a low dividend.
  • Average US rate on 30-year mortgage rises to 3.66 pct.
    Associated Press | January 29, 2015 9:01 am
    Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels.
  • Hershey dips into meat market with Krave Jerky
    Associated Press | January 29, 2015 7:42 am
    Hershey has a sudden hankering for protein, with plans to add jerky to its lineup.
  • William Shatner knows the ups, downs of traveling
    Associated Press | January 29, 2015 6:30 am
    William Shatner is back as a shrewd, unflappable travel expert in his latest TV commercial for an online company.
  • LG Electronics in red in 4Q on plasma TV business closure
    Associated Press | January 29, 2015 1:24 am
    LG Electronics Inc. said Thursday it has lost money in the fourth quarter as costs from the closure of its plasma TV operations offset a recovery in its mobile phone business.
  • Deutsche Bank posts surprise profit as litigation costs ease
    Associated Press | January 29, 2015 1:06 am
    Deutsche Bank rebounded to make a surprise fourth-quarter profit of 441 million euros ($498 million) as it saw lower charges for settling accusations of wrongdoing.
  • Nobel laureate Charles Townes, laser co-creator, dies at 99
    Associated Press | January 28, 2015 7:36 pm
    Charles H. Townes, the Nobel Prize-winning physicist who helped create the laser that would revolutionize everything from medicine to manufacturing, has died. He was 99.
  • Romney takes aim at Obama, Clinton in Mississippi
    Associated Press | January 28, 2015 6:36 pm
    Mitt Romney hasn't officially declared himself a presidential candidate again, but the 2012 Republican nominee looked and sounded like one during a stop Wednesday in Mississippi, back-slapping at a popular barbecue joint before delivering a speech that questioned Democrat Hillary Rodham Clinton's foreign policy and economic credentials.
  • Mobile provider TracFone to pay $40M in federal settlement
    Associated Press | January 28, 2015 4:49 pm
    The nation's largest prepaid mobile provider, TracFone Wireless, will pay $40 million to settle government claims that it misled millions of smartphone customers with promises of unlimited data service.
  • Business Highlights
    Associated Press | January 28, 2015 4:30 pm
    Fifteen advertisers will make their Super Bowl debut, buying a place on the biggest, most expensive stage in American television. Advertising experts say the interest in Super Bowl ads is a positive sign that companies are feeling good in the most recent economic recovery.

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