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Business News
US markets rebound a day after big plunge
NEW YORK (AP) -- U.S. stocks rebounded in early afternoon trading Wednesday after a sharp sell-off a day earlier. Investors remain on edge after the latest market plunge, which was triggered by more signs of slowing growth in China. Oil prices continued to swing sharply....
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US bank earnings rose 7.3 percent in 1st quarter
WASHINGTON (AP) -- U.S. banks' earnings jumped 7.3 percent in the April-June period from a year earlier as revenues increased and the volume of soured loans banks had to write off fell to the lowest level since before the financial crisis....
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Shipyard, plaintiffs propose sex-discrimination settlement
NORFOLK, Va. (AP) -- Plaintiffs in a gender-discrimination lawsuit filed against a Virginia shipyard have asked a federal judge to give preliminary approval to a settlement....
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Q&A: What are the signs of a 'bear market' for stocks
The stock market's sharp downturn in recent weeks has pulled the three major U.S. stock indexes into what is known as a "correction." But when does a market correction effectively end a bull market and usher in a full-blown bear market?...
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APNewsBreak: Egg group scrambled over eggless mayo maker
NEW YORK (AP) -- A California company that makes an eggless mayonnaise alternative has the U.S. egg industry scrambling....
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