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Business News
Expedia sells stake in Chinese travel service
NEW YORK (AP) -- Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million....
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US stocks fall on lower oil prices; inflation ticks up
NEW YORK (AP) -- U.S. stocks slipped in noon trading Friday as energy companies fell along with the price of oil. Investors are weighing the latest batch of corporate earnings results and a report showing a slight increase in inflation last month. They are looking ahead to a speech later in the day by Federal Reserve Chair Janet Yellen....
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US stocks dip; lower oil prices weigh on the energy sector
NEW YORK (AP) -- Stocks are mostly lower in midday trading as energy companies decline along with the price of oil....
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Private equity fund buying Cincinnati-based Frisch's
CINCINNATI (AP) -- Frisch's Big Boy restaurants are being sold to a private equity fund, the company announced Friday, which will end family operation of the Cincinnati-based chain that dates to a 1939 drive-thru....
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Deere boosts guidance as construction offsets ag swoon
MOLINE, Ill. (AP) -- Solid sales of its construction equipment offset a global agricultural slowdown for Deere, the company said Friday. It also raised its outlook for the year and its shares rose nearly 4 percent Friday....
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