A report by a U.K. parliamentary committee examining the News Corp. phone-hacking scandal concluded that lawmakers were misled, and said that Rupert Murdoch is "not a fit person" to run a major company."
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The turmoil gripping Dewey & LeBoeuf threatens to send hundreds of lawyers into one of the worst job markets for attorneys in decades.
Obama made a surprise visit to Afghanistan and signed a strategic-partnership accord with Karzai on the anniversary of bin Laden's killing.
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Chesapeake Energy's directors have forced co-founder and CEO Aubrey McClendon to step down as chairman, bowing to pressure from shareholders over his personal financial dealings and the stock's poor performance.
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A director of the Financial Industry Regulatory Authority who was banned last week from running his nown firm plans to resign from the self-regulator's board.
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Even in the best of markets, the IPO process is not always easy—or even successful.
Most Asian stock markets were modestly higher Wednesday, and the U.S. dollar remained well-supported after a surprisingly strong U.S. manufacturing report. Australia's ASX was up 0.1%.
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The uncertainty surrounding looming Pentagon budget cuts could trigger another round of defense-industry consolidation, said Christopher Kubasik, who will become the next CEO of Lockheed Martin.
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As families grapple with how to use social media safely, marketers are working to create social networks and interactive applications for kids that parents will approve.
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President Obama's re-election campaign has launched a fresh attack on Mitt Romney's personal wealth, moving to define the Republican challenger as someone who shipped jobs and his own money overseas.
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A New York man was convicted Tuesday of a host of federal terrorism charges, including the top count of plotting with two others to carry out a suicide bombing on New York City subways in 2009.
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Sales of vacation homes are picking up as low prices pull buyers off the fence. But with travel costs rising and consumers still uncertain about the economy, many buyers are snapping up properties closer to home.
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Ariel Hsing was 11 when Warren Buffett first recruited her to play ping pong at the Berkshire Hathaway annual meeting. Five years later, she exemplifies Buffett's gift for spotting winners.
Developers say communities situated near train stations with amenities within walking distance of condos and town houses are growing fast.
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Cummins is a rarity among top U.S. manufacturers: the maker of engines for trucks, buses and off-road machinery is thriving in good measure because of tough, new government regulations around the world.
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Facebook is planning to start its roadshow to pitch its stock to investors on Monday, and is expected to set May 18 for its IPO.
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Storied French mutual insurer Groupama has put some prime Paris commercial real estate on the block. Fortunately for the firm, demand for top properties has stayed strong even as the crisis has raged on the Continent.
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Hough: Taking inflation into account, U.S. home prices are down to 1895 levels.
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The Florida city at the center of the Trayvon Martin case appointed a new interim police chief while the current one remains on paid leave.
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Protesters in Greece, Spain and other hard-hit European countries turned out for May Day marches, in an attempt to pressure governments to scale back unpopular cutbacks as recession takes hold.
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Wal-Mart agreed to pay employees $4.8 million in back wages and damages, as well as $464,000 in civil penalties, after the U.S. Department of Labor found the company failed to pay overtime to more than 4,500 workers.
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A heart-device problem that has plagued St. Jude Medical shows no signs of relenting, according to data in the company's latest performance report.
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Before the wedding, the couple-to-be can create an app to keep their guests informed and involved.
No more phony appeals to women or attempts to charm on late-night TV.
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Thousands of Occupy Wall Street protesters fanned out across New York City Tuesday, heralding a fresh start for the anticorporate movement after months of inaction but falling short of a goal to convince large numbers to ditch work for a day.
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Monday's "Manchester Derby," the most highly anticipated English Premier League game in years, was hardly the most memorable game this city has ever seen. But its impact will be felt far outside this corner of northwest England.
Lawmakers are rethinking bankruptcy-law options for student-loan debt as graduates' burden has grown by 24% in the last decade.
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Featuring a 300-year-old fireplace and a wood-burning pizza oven, this lakefront home in northern Idaho reflects the owners' take on Italy by way of Nevada.
Today's tech entrepreneurs often cycle quickly through different ideas until they find one that sticks, and the 'pivoting' is paying off.
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In today's pictures, police and protesters clash in New York on May Day, people swim en masse in China, Nicolas Sarkozy attends a rally in Paris, and more.
Parades and protests Tuesday marked International Workers' Day, or May Day, which commemorates the struggles of working people throughout the world.