TOKYO (Reuters) - Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with...
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GM plans to stop advertising on Facebook
(Reuters) - General Motors Co will stop advertising on Facebook, a move that comes during the same week the social networking website is due to go public.The U.S. automaker confirmed a report by the...
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FBI launches JPMorgan probe, shareholders back Dimon
TAMPA, Florida (Reuters) - The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key U.S. agencies said they were looking...
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Facebook expands IPO size, aims for $15 billion: source
SAN FRANCISCO (Reuters) - Facebook Inc is increasing the size of its IPO by 85 million shares to about 422 million, a source familiar with the matter told Reuters, raising more than $15 billion in...
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Big stock position puts Chesapeake employees at risk
NEW YORK (Reuters) - The woes of Chesapeake Energy Corp are hitting shareholders hard, including its employees.Thousands of Chesapeake workers have retirement portfolios that are heavily invested in...
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Avoiding the fate of Dewey partners
NEW YORK (Reuters) - The failing law firm Dewey & LeBoeuf is a good reminder to financial advisers about the complications of managing money for people in business partnerships.The partners at Dewey...
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U.S. nuclear expert: Iran official linked to past program
WASHINGTON (Reuters) - Communications from the 1990s suggest Iran's current foreign minister, Ali Akbar Salehi, had knowledge of a program to procure goods for an alleged clandestine nuclear program...
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Housing starts rebound in April, permits fall
WASHINGTON (Reuters) - Housing starts rose more than expected in April, according to a government report on Wednesday that offered signs of a nascent housing recovery, even though permits for future...
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Coty withdrawal pressures Avon for turnaround
(Reuters) - Avon Products Inc's loss of a $10.7 billion takeover bid from smaller cosmetics rival Coty Inc leaves shareholders hoping that new Chief Executive Sherilyn McCoy has a great...
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