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American Express earnings plunge 79%

NEW YORK (CNNMoney.com) -- American Express reported a steep decline in earnings in the latest quarter, the company said Monday, citing slower consumer spending and rising delinquencies. The credit ...
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Tesla to slow shipments in Norway due to unsafe delivery trucks

Tesla can't find enough giant trucks to safely haul its cars around Norway, so CEO Elon Musk said the company will slow deliveries in the country, an important market for the electric car maker. A ...
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ESPN's new boss is Disney executive James Pitaro

ESPN has a new president. James Pitaro, a long-time executive at ESPN's parent company, Disney (DIS), will take over the role, Disney announced Monday. He will also serve as co-chair of Disney Media ...
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U.S. could ban imports of Venezuelan crude oil

The U.S. administration is considering choking off Venezuela's last remaining and rapidly dwindling source of income: crude oil exports. Speaking in Argentina, Sec. of State Rex Tillerson said the U.S ...
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'Justice League' looks to its biggest heroes for box office success

Warner Bros.' DC Entertainment is bringing out all its stars for this weekend's comic book mash-up, "Justice League." But will audiences embrace the superhero squad at the box office the way they ...
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Virginia voter suppression tweets went undetected by Twitter for hours

A Twitter account misleading Democratic voters in Virginia by telling them they could cast their ballot by text message was active for almost three hours on Tuesday morning before Twitter suspended ...
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What's in the House Republican tax bill for businesses

The House Republican tax bill would give U.S. businesses much of what they've wanted for years, such as a lower tax rate and more generous expensing rules. But it also includes a few provisions that ...
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Are families the elephant in the workplace?

What's it like to be a woman working in tech? As a reporter covering the startups beat, I've talked to many, many women about their experiences. One female founder told me about trying to determine ...
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HSBC will shed 50,000 jobs in the coming years as it slashes costs and sells parts of the bank to focus on Asia. The changes are part of a major restructuring plan that is designed to save the bank $5 ...
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A federal judge ruled this week that current and retired Detroit city workers could see their pensions slashed as the city moves forward with its historic bankruptcy proceedings. For years it was an ...
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While most experts expect long-term rates will rise this year, they doubt interest rates will shoot sharply higher as long as Ben Bernanke and the Federal Reserve continue to buy bonds. The bond ...
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The 86 million invisible unemployed

NEW YORK (CNNMoney) -- There are far more jobless people in the United States than you might think. While it's true that the unemployment rate is falling, that doesn't include the millions of ...