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Harley-Davidson's Modest New Line Still Gets Customers Fired Up
Harley-Davidson's (HOG) 2011 line of motorcycles has everything you'd expect: contemporary custom-designed bikes (also known as "customs") drenched in chrome and dark retro-style bobbers (bikes with a...
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Uptick in Consumer Spending Help Visa's 3Q Earnings
Filed under: Investing, Earnings, Visa An increase in consumer spending helped boost credit card processor Visa's (V) third quarter earnings. After Wednesday's market close, Visa reported net income of...
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Furlough Fridays Back On in California as Schwarzenegger Declares Fiscal...
Filed under: EconomyFaced with a $19.1 billion deficit and no hope for digging out, California Governor Arnold Schwarzenegger on Wednesday declared a fiscal emergency. Under the rules of the emergency,...
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Cold War: Dairy Queen Fights To Protect Blizzard Trademark
It's hot outside, but the ice cream business is preparing for a blizzard. A legal fight is taking shape as upstart Yogubliz' Blizz Frozen Yogurt faces a legal challenge from Dairy Queen, which asserts...
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Carlos Slim Buys Manhattan Mansion for $44 Million
Filed under: People, Real Estate Mexican billionaire Carlos Slim, pictured, has bought the only private Manhattan Fifth Avenue mansion for a cool $44 million. The Beaux Arts style townhouse is at 1009...
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Hot Topic on Wall Street: The Search for Warren Buffett's Successor
Filed under: Retirement, Company News, People, Investing, Berkshire HathawayForget the double-dip recession, financial reforms and the new iPhone's reception problems. The talk of Wall Street this week...
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Occidental CEO's Bloated Pay Prompts Shareholder Fight
Two of the largest institutional investors in Occidental Petroleum (OXY) are none too happy about the estimated $50 million its chief executive made last year, and they're launching a fight to take...
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Baidu's Shares Soar as Google Gets Stuck in Chinese Red Tape
Filed under: Company News, Technology, Earnings, Google , Baidu Inc, Stocks in the News The name of Chinese-language Internet search engine Baidu (BIDU) means "100-times," and the company is living up...
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Game-Maker Activision Blizzard Earnings Mixed Due to Fewer Launches
Filed under: Company News, Investing, EarningsSeveral blockbuster game launches at Activision Blizzard (ATVI) contributed to the company's increase in second quarter net income, but fewer games hitting...
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Walt Disney Raises Ticket Prices at Theme Parks
Filed under: Company News, Investing, Earnings, Walt DisneyWalt Disney (DIS) theme parks, touted as the happiest places on earth, just got a little more expensive. The entertainment and media...
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HP CEO Resigns Amid Sexual Harassment Allegations
Filed under: Company News, Technology, People, Hewlett-PackardThe chief executive of Hewlett-Packard (HPQ) resigned Friday amid allegations of sexual harassment. In announcing the resignation of CEO...
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Walt Disney Earnings Top Estimates on Blockbusters and Ad Revenue
Filed under: Investing, Earnings, Walt DisneyWalt Disney (DIS) reported better than expected earnings Tuesday due to an increase in advertising revenue at its media networks and better ticket sales for...
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Wall Street Donations Shift to GOP Amid Financial Reforms
Filed under: EconomyPolitical contributions from Wall Street are shifting from Democrats to Republicans. The swing from Democrat to Republican candidates during the second quarter coincides with...
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Furloughed Californians Protest Schwarzenegger's Cameo in 'The Expendables'
Filed under: Economy, PeopleCalifornia state employees are the ones feeling expendable. They are planning on using their mandated furlough day Friday to protest at theaters across the state showing the...
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As Cotton Prices Approach 15-Year High, Clothing Prices May Increase
Filed under: EconomyThe oft-ignored U.S. cotton market has been steadily gaining ground, and today cotton prices are nearing heights not seen in the last 15 years. Natural disasters in top...
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Walgreen Offers Flu Shot Gift Cards in Expanded Immunization Program
Filed under: CIGNA Corporation, United HealthIt may be the perfect gift for the person who has everything: a Walgreen (WAG) gift card good for one flu shot. As part of a nationwide rollout, Walgreens...
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New $1 Coin Adds to $700 Million Boondoggle
Filed under: CurrencyTo little or no fanfare, the U.S. Mint is releasing the 15th presidential dollar for circulation on Thursday, in what is becoming a $700 million a year boondoggle. Four times a...
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BP Oil Spill Created Giant Plume of Crude Underwater in the Gulf
The BP (BP) Deepwater Horizon oil spill created a massive 22-mile long plume of oily soup at the bottom of the ocean, scientists said in a report released Thursday. The 1.2-mile-wide, 650-foot-high...
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Jeep Grand Cherokee Fuel Tanks Spark a Safety Probe
Filed under: Company News, AutosThe U.S. National Highway Traffic Safety Administration opened a safety investigation into an estimated 3 million older model Jeep Grand Cherokees Tuesday on concerns...
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Five Years After Hurricane Katrina, New Orleans Tourism Rebounds
Filed under: EconomyFollowing the devastating effects of Hurricane Katrina five years ago, New Orleans saw the number of visitors to the city evaporate. New Orleans' $5 billion tourism industry slowly...
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