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Buffett Ends $3.7 Billion Exxon Investment Amid Global Oil Rout

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Warren Buffett’s Berkshire Hathaway Inc. exited a $3.7 billion investment in Exxon Mobil Corp. amid a slump in oil prices.

BlackRock’s Bond ETFs Raked In Record Money Amid Market Turmoil

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U.S. ETFs that focus on fixed-income investing are having the fastest start to a year on record, and BlackRock's iShares have been the biggest beneficiary.

BofA Sees Opportunity For Itself, Investors In Corning Glass

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The bank sold $80 million of structured notes tied to Corning Inc., the largest such offering in at least five years as the company’s stock gains from higher demand for glass used in televisions.

Five Things We Never Knew About Business School Grads

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The voices of alumni help us understand the mechanics of how MBA programs mint the corporate world's future leaders.

Student-Loan Delinquencies Rise In U.S. As Education Debt Swells

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Student-loan delinquencies increased at the end of 2014, a troubling sign that Americans are failing to keep up with payments as education debt climbs, according to the Federal Reserve Bank of New...

Faster Small-Business Equipment Tax Break Passed By House

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The U.S. House of Representatives voted to revive a lapsed tax break for small businesses that encourages them to purchase equipment.

Hedge Fund Third Point Ups Stake In Alibaba To 10 Million Shares

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Third Point, one of the hedge fund industry's most closely watched funds, increased its stake in Chinese e-commerce site Alibaba during the fourth quarter, according to a regulatory filing.

Swedish Billionaire On M&A Prowl Despite High Prices

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Carl Bennet, a Swedish investor who built a $2 billion equity portfolio from a $30,000 bet made 30 years ago, says record-high stock prices are no reason to stop buying.

Banking Heir Who Lost Millions In Gold Wants To Raise More

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Peter Hambro's Petropavlovsk Plc, once worth more than $3 billion as the price of gold it dug in the Russian Far East soared, has lost 99 percent of its value in the past five years.

China Churning Out Billionaires Like It's 1999

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China’s world-best stock market rally made January the busiest month for IPOs in a year. It also created a bundle of new billionaires.

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