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Plunging Oil Prices Send Chevron to Cut Costs
Although expressing optimism for the future, the oil company is expected to take several actions to cut costs. Chevron Corp. posted its first loss in 13 years as plunging oil prices slashed...
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Facebook News Feed to Change Again
Social media site says the changes are in response to comments from users about story relevancy. Facebook users will soon notice changes in the types of posts popping up at the top of their News Feeds....
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Honda Recalls 2.23 Million More Cars as Airbag Issues Escalate
Airbag manufacturer faces record fines as expanded recalls take in newer models, more brands. Since its emergence as an auto safety issue in 2004, the problem with rupturing Takata airbags has...
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Google’s Parent Now World’s Most Valuable Company
The recently-christened Google Alphabet gains thanks to Gmail, YouTube and Apple’s slips. Google’s parent company Alphabet has officially taken a big bite out of Apple, knocking the tech firm off its...
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Sports Authority Chapter 11 Bankruptcy Looms
Competition and marketing missteps have hurt the company Sports Authority, formerly the largest sporting goods retailer in the U.S. On the heels of corporate layoffs and a skipped $20 million interest...
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Profit Report Spurs Exxon Spending Cuts
Falling crude prices and a climate change investigation create woes for oil giant. Declining profits, a shaky credit standing and climate change investigations launched in two states have created a...
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Google to Stop Accepting New Flash Ads in June
Days are numbered for Google ads that use Adobe System’s Flash technology. Google has announced that it will stop accepting ads developed with Flash software on June 30, and instead will only allow ads...
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American Airlines Law Suit Against Wi-Fi Carrier Gogo Dropped
Carrier to offer new service package, but airline says no decision yet. American Airlines is making nice with its in-flight Wi-Fi carrier Gogo, avoiding, for the time at lease, what looked to be a...
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Change to Starbucks Rewards Program Sparks Customer Outrage
New system rewards amount spent instead of frequency of purchases with the Starbucks rewards program. It’s not just the espresso machines steaming at Starbucks. Changes to its customer rewards plan has...
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Investors Pressure Yahoo to Sell Core Business
Despite sales talk, CEO Mayer is pushing another turnaround effort. Canyon Capital Advisors has joined a growing chorus of activist shareholders pushing Yahoo Inc. to sell off its core business in a...
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Upstart Snapchat’s Video Traffic Matches Facebook’s
Video message app is going strong at 5 years old. Snapchat is gaining on Facebook. The five-year-old video messaging application has reached about 8 billion daily video views, according to a report by...
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Massive Debt Forces Sports Authority Bankruptcy
Online sales and missed trends are blamed for financial troubles leading to Sports Authority bankruptcy. Sports Authority, a retailer that’s struggled to establish its relevance in the face of online...
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Kohl’s to Close Stores, Refocus Approach
Smaller stores, outlets and online sales part of new plan. Kohl’s announcement that it’s closing 18 stores might seem like a drop in the bucket compared with other major retail closing news. However,...
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More Weigh In on Apple vs. FBI iPhone Battle
War of words heats up on both sides of the iPhone battle. As Apple wages its iPhone unlocking battle against the Federal Bureau of Investigation in the courts of law and public opinion, everyone from...
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Costco Minimum Wage Rises for 1st Time in 9 Years
Competitors’ pay raises forces wholesaler to act accordingly. Workers at the very bottom on the Costco Wholesale ladder will see their pay increase by $1.50 an hour before March comes to an end. The...
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Staples Closing Stores, Looking to Buy Rival
Proposed merger with Office Depot opposed by Feds. Office supply giant Staples recently announced plans to shutter 50 stores in the face of a downward spiral in sales and a contentious battle to take...
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Google Taps Founder of Anything-Goes 4Chan
Chris Poole brings success and a bit of infamy to the Internet giant. Photo by Rex Hammock – Own work, CC BY-SA 4.0. Google has hired Chris Poole, founder of the controversial online community 4chan...
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Chipotle Still Struggling After Last Year’s Outbreaks
Closing of a Boston Chipotle store latest in a series of setbacks for fast casual chain. Months after E. coli outbreaks and a norovirus incident forced Chipotle Mexican Grill to revamp its food safety...
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Casper’s Online Bed in a Box Reimagines the Mattress Market
Traditional manufacturers adopting some of Casper’s Bed in a Box methods. Casper is not your father’s mattress company. In fact, Casper is changing the way mattresses are designed and sold, winning the...
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Miami, Jersey City, Mountain View Are Top 3 Happy Workplaces
Pay, growth opportunities and work relationships among factors of the top happy workplaces. If you’re looking for the happiest place to work in the U.S., you can start with Miami, Fla. That’s almost a...
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