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Business News
Largest UK retailer warns on profits, shares drop
LONDON (AP) -- Tesco shares have dropped sharply after Britain's largest retailer by revenue issued another profit warning and slashed its dividend to shareholders by 75 percent....
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German economic fears growing but Merkel strong
BERLIN (AP) -- Ordinary Germans are spooked about the future. Businesses are starting to see black clouds on the horizon. And an economy that has been the envy of Europe is showing cracks, shrinking unexpectedly last quarter amid the conflict in Ukraine....
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As stocks rise, so does anxiety: Time to get out?
NEW YORK (AP) -- Is it time to cash out of stocks?...
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Abercrombie name to shrink from clothing
NEW YORK (AP) -- The Abercrombie & Fitch logo has lost the power it once wielded....
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US bank earnings up 5.2 percent in 2Q
WASHINGTON (AP) -- U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007....
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