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Business News
Yellen: Too early to determine impact of global developments
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen cautioned Thursday that global economic pressures pose risks to the U.S. economy but said it's too soon to know whether those risks are severe enough to alter the Fed's interest-rate policies....
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US markets follow global shares lower
Major U.S. stock indexes veered sharply lower in midday trading Thursday as concerns about global economic weakness intensified, even as Federal Reserve Chair Janet Yellen reiterated her confidence in the U.S. economy. The latest slide followed steep market declines all around the world. Financial stocks were among the biggest decliners....
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Boeing stock plunges on report of SEC accounting probe
NEW YORK (AP) -- Shares of the Boeing Co. plummeted Thursday morning after a report said the U.S. Securities and Exchange Commission is investigating the aircraft manufacturer's accounting....
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PepsiCo's revenue in North America climbs, helped by pricing
NEW YORK (AP) -- PepsiCo said revenue for its North American snacks and drinks units rose in the fourth quarter, boosted by pricing....
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Magazine publisher Time Inc. buys what's left of MySpace
NEW YORK (AP) -- MySpace still exists?...
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