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Biggest Tech Rally Since October Hits Brick Wall

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The biggest technology rally since October was knocked cold, as disappointing earnings reports punished Microsoft Corp. and left Apple Inc. in danger of its worst-ever loss of market value.

Taxpayers Could Lose Billions If Students Walk Away From Loans

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As education companies shrink amid government allegations that they misled students about the value of their degrees, tens of thousands of students may be able to walk away from their obligations.

MacArthur Foundation Leaves Russia Amid NGO 'Witch Hunt'

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The MacArthur Foundation, the U.S. non-profit that awards “genius grants” to exceptionally creative people, is closing its Moscow office after Russian lawmakers branded it a threat to the country.

You Are Now Liable for Your Butt Dials

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Butt dialing has become even more dangerous now that a federal court has ruled that people are not entitled to a right to privacy when they accidentally calls someone.

Christie's Art Sales Grow To Record With New Buyers

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Christie’s sales of art and collectibles rose to a record 2.9 billion pounds ($4.5 billion) in the first six months of the year as demand from new clients increased.

Billionaire Simons Said To Hire BofA CIO For Family Office

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Euclidean Capital, the family office for hedge fund billionaire James Simons, hired Ashvin Chhabra to help run the firm.

This Man Spent $3 Million To Make Instant Jello Shots

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Jeff Jetton hopes to make a fortune selling a new machine that can turn out trays of Jello shots in mere minutes.

Wall Street Lenders Growing Impatient With U.S. Shale Revolution

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Bank regulators have issued warnings on the risks involved in lending to U.S. drillers, threatening a cash crunch in an industry that’s more dependent than ever on other people’s money.

In A Swipe At Rivals, Jeb Bush Proposes To Dock Pay For Absentee Lawmakers

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Jeb Bush proposal Monday "to dock pay of absentee members" of Congress amounted to a crafty swipe at his Republican presidential rivals, most notably his "good friend," Senator Marco Rubio.

Morgan Stanley Beats Estimates As Revenue Increase Tops Rivals

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Morgan Stanley reported profit that beat analysts’ estimates as a jump in trading and brokerage fees led to the biggest revenue increase among the six largest U.S. banks.

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