Business
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AbbVie beats 2Q profit forecasts, but sales fall short
Associated Press | July 24, 2015 6:07 amDrugmaker AbbVie Inc. reported better-than-expected second-quarter profit, but its sales disappointed Wall Street.
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FIFA sponsor Visa calls for independent reform board
Associated Press | July 23, 2015 10:07 pmFIFA sponsor Visa Inc. called Thursday for an independent commission to be formed to clean up world soccer’s scandal-ridden governing body.
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China manufacturing slumps to 15-month low
Associated Press | July 23, 2015 9:07 pmChina’s manufacturing slumped to a 15-month low in July in a fresh sign of deterioration in the world’s second biggest economy, a survey showed Friday.
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YouTube creators looking elsewhere for money
Associated Press | July 23, 2015 5:07 pmWhen 29-year-old YouTube star Meghan Tonjes launched a podcast with crowd-funding site Patreon a year ago, it was one of dozens of things the singer-songwriter was doing to grind out a living online. Today, it’s paying her rent.
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Amazon’s birthday present: Surprise 2Q profit
Associated Press | July 23, 2015 4:07 pmInvestors helped Amazon celebrate its 20th birthday, pushing the online retailer’s stock up 17 percent in aftermarket trading Thursday after it reported a surprise second-quarter profit.
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Visa 3Q earnings jump 25 percent, beat estimates
Associated Press | July 23, 2015 3:07 pmVisa Inc. said its fiscal third-quarter profit jumped 25 percent, helped by a double-digit rise in payments processed on its network. However Visa executives emphasize they are not seeing as robust U.S. consumer spending as they hoped.
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Getting tested again: Municipal bond funds face more stress
Associated Press | July 23, 2015 2:07 pmHere we go again.
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General Motors and SanDisk are big market movers
Associated Press | July 23, 2015 1:07 pmStocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
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Cheaper fuel helps Southwest, United post record 2Q profits
Associated Press | July 23, 2015 12:07 pmCheaper fuel and full planes are adding up to record airline profits, and the carriers are sharing the bounty with stockholders.
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As sales fall in US, McDonald’s eyes variety of changes
Associated Press | July 23, 2015 11:07 amMcDonald’s is looking at variety of changes to win back customers in the U.S.: A new value message to replace the Dollar Menu, breakfast all day, and nips and tucks to improve the taste of its burgers.