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United Healthcare to Quit Obamacare in Some Markets

  Tuesday April 19, 2016 – United Healthcare Group, the nation’s largest health insurer, announced Tuesday that it would stop selling health plans through the Affordable Care Act next year in most of the 34 of states where it operates. The move, widely expected for months, will likely have relatively little effect on what most consumers pay for health coverage, as ...

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Dow Hits 18,000 as Energy Stocks Rise

  Monday April 18, 2016 –  U.S. stocks rose Monday, propelling the Dow Jones Industrial Average to 18000 for the first time since July. The blue-chip index has gained nearly 15% since mid-February, as early-year fears about the U.S. economy faded, oil prices rebounded and the Federal Reserve signaled a cautious approach to raising rates. With Monday’s advance, the Dow ...

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Will Yahoo Find a Buyer?

  Monday April 18, 2016 – Yahoo’s turnaround strategy could turn into a sell-off strategy starting Monday. After a tumultuous decade that saw the Internet company lose the battle for search to onetime underdog Google, churn through five chief executives plus an interim CEO, and largely miss out on tech’s move to mobile, the Sunnyvale, Calif., company sought “strategic alternatives” ...

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Weak U.S. Retail Sales, Inflation Data Reinforce Fed Caution On Rate Increase

  Wednesday April 13, 2016 – U.S. retail sales unexpectedly fell in March as households cut back on purchases of automobiles and other items, further evidence that economic growth stumbled in the first quarter. Other data on Wednesday showed a surprise drop in producer prices last month as rising energy prices were offset by a decline in the cost of services. ...

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Deutsche Bank Freezes Plans For North Carolina Jobs on Transgender Law

  Tuesday April 12, 2016 – Deutsche Bank is freezing plans to create 250 new jobs at its Cary, North Carolina, location after the state passed a controversial law targeting lesbian, gay, bisexual and transgender (LGBT) citizens. “We take our commitment to building inclusive work environments seriously,” John Cryan, the chief executive of Germany’s largest lender, said in a statement on ...

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Crude Prices Lift Wall Street in Early Trading

Tuesday April 12, 2016 – Gains on Wall Street were driven by a surge in oil on Tuesday, even as Alcoa’s lackluster results marked a shaky start to the U.S. corporate earnings season.  Crude rose about 2 percent, with Brent above $43 per barrel, on hopes that major producers would reach an agreement to curb a persistent global oversupply. Investors will ...

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