27 giant profitable companies paid no taxes

Death and taxes are supposed to be two certainties of life. But a few companies have at least escaped the taxes part. There are 27 companies in the Standard &

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Stock storyline shifts from ‘worst start to year’ to not too bad

The worst start to a year ever for the U.S. stock market doesn’t seem so bad now, following a bounce-back rally that has pulled stocks close to 2% of where

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Amazon drops encryption from Fire devices

Retailing giant Amazon confirmed Friday it removed local encryption from its Kindle Fire devices, as it throws support to Apple in its fight over an encrypted iPhone. “In the fall

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Jobs Friday clashes with March Fed meeting

It’s Jobs Friday. That means the monthly Wall Street guessing game, “Will they or won’t they hike?” will kick off after the federal government lets the world know how many

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Kate Spade earnings fall short of forecasts

Kate Spade & Co. (KATE) on Tuesday reported fourth-quarter net income of $61.5 million. The New York-based company said it had net income of 48 cents per share. Earnings, adjusted

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Carl Icahn posts worst loss since 2008

Carl Icahn, who briefly flirted with a role as Donald Trump’s Treasury Secretary, just posted his worst investment losses since the dark days of the financial crisis. The 80-year-old investor’s

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VW sales fall as diesel scandal drags on

The Volkswagen brand saw a drop of 13.2% in sales last month as it continues to reel from the inability

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Zuckerberg climbs Forbes billionaires list

Facebook is making people a lot of money. Facebook CEO Mark Zuckerberg climbed one spot to sixth on Forbes magazine’s

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Apple doesn’t have to unlock drug dealer’s iPhone, judge says

A federal judge in Brooklyn on Monday denied a Department of Justice request for a court order that would force

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March starts strong as U.S. stocks rally

March came in like a bull for Wall Street Tuesday with U.S. stocks up sharply as better-than-expected news on manufacturing

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LSE and Deutsche Boerse in merger talks

The London Stock Exchange on Tuesday confirmed it was in discussions to merge with Germany’s Deutsche Boerse. The LSE said

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Emirates overtakes Qantas for world’s longest flight

Emirates has bumped Qantas Airways out of the top spot for the world’s longest flight. Emirates took over the title

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Disney park prices jump 20% on these days

Walt Disney’s (DIS) theme parks in California and Florida are so popular – prepare to pay more if you go

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Stocks gain as oil prices rise above $33 a barrel

U.S. stocks snapped out of a morning malaise and posted moderate gains Monday as oil prices rose and global stocks

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Valeant shares falls as CEO returns; financials delayed

Shares of Valeant Pharmaceuticals International (VRX) plunged anew on Monday, hours after the embattled drugmaker announced its chief executive is

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Hopes of business-friendly reforms in India fade

Even as India shines as a rare bright spot in a sluggish global economy, the country’s business-savvy prime minister is

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