Wall Street bids good riddance to dreary January

Notwithstanding the Dow’s nearly 400-point rally Friday, Wall Street is more than happy to bid good riddance to a dismal January and spin the dice on things getting better in

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Dow soars nearly 400, but all 3 major U.S. indexes end January lower

The Dow rose nearly 400 points Friday to cap a turbulent month on an upbeat note after a surprise interest rate cut by the Bank of Japan and despite a

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Mercedes-Benz auctions for record $9.9 million

A rare German luxury car set a new record for the highest Arizona car-auction price, fetching $9.9 million Friday evening. The 1937 Mercedes-Benz 540K Special Roadster fell short of its

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Xerox makes official its split into two companies

Xerox will separate into two companies, a $11 billion document technology company and a $7 billion business services company, the office equipment maker announced Friday. The transaction into two independent

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Analysts: Global deal to cut oil production unlikely

Conflicting reports last week that renewed anticipation of global oil production cuts. then quickly squelched it, left in doubt the prospects of crude prices that have plunged 70% the past

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American Airlines: Record profit for 2015

American Airlines Group ended 2015 with a $3.3 billion profit in the fourth quarter, capping off a record-breaking year and echoing the financial results posted by several of its peers.

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