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US tech earnings weigh on markets

Written By Unknown on Sabtu, 20 Juli 2013 | 00.32

LONDON — Disappointing earnings from two U.S. technology giants weighed on global markets Friday after a stellar run that has seen Wall Street's main indexes post a series of all-time highs. Stocks around the world have had a solid week, especially...
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Spain corruption protesters clash with Madrid cops

MADRID — Thousands of protesters demanding the resignation of Prime Minister Mariano Rajoy demonstrated Thursday night in Madrid, and what started as a peaceful event turned violent toward midnight after riot police clashed with some protesters, resulting...
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Security experts to test phone anti-theft locks

SAN FRANCISCO — The top prosecutors in San Francisco and New York say they are bringing in state and federal security experts to test the newest anti-theft features designed to thwart the surge of stolen smartphones nationwide. San Francisco District...
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Once-mighty Motor City files for bankruptcy

DETROIT — Once the very symbol of American industrial might, Detroit became the biggest U.S. city to file for bankruptcy Thursday, its finances ravaged and its neighborhoods hollowed out by a long, slow decline in population and auto manufacturing. ...
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The Ticker

Detroit files for bankruptcy Detroit yesterday became the largest city in U.S. history to file for bankruptcy, as the state-appointed emergency manager filed for Chapter 9 protection. A number of factors — most notably steep population and tax base...
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Arts festivals drawing lots of business to Hub

Officials plan to build on this summer's string of business-boosting arts festivals by bringing even more outdoor summer fun to downtown Boston and city neighborhoods next year. "We absolutely want to keep what we have, but there's always room for expansion,"...
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Board backs off firing Market Basket’s CEO

A victorious Arthur T. Demoulas emerged from a marathon 13-hour Market Basket board meeting late last night, where no vote was taken to remove him, to be greeted by throngs of cheering employees. "Artie T.! Artie T.!" employees chanted, as one hoisted...
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Upscale units in Hub offer pedalling perk

Does watching the Tour de France make you want to jump on a bike? Related Companies and Zagster, a Cambridge-based company that provides bicycles, have launched a bike-sharing program, making Related Companies the first real estate company to offer...
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Boston Globe bidder files suit vs. ex-partner

Two media bigs who teamed up to try to buy The Boston Globe in 2011 are now engulfed in a long and pricey breach of contract dispute, as former Time Inc. CEO Jack Griffin is suing Orange County Register publisher Aaron Kushner for up to $10 million in...
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SEC rejects $18M deal with Falcone, hedge fund

WASHINGTON — The Securities and Exchange Commission has rejected an $18 million settlement that would have banned billionaire hedge-fund manager Philip Falcone from the securities industry for two years. Falcone and Harbinger Capital Partners were told...
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