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Big costs drag AT&T to 4Q loss, but revenue up 4 percent

AT&T booked a nearly $4 billion loss for the fourth quarter because of a slew of one-time expenses that included a loss on benefit plans, but its revenue grew 4 percent to top expectations.

Settlements reached in so-called 'hot fuel' litigation

Twenty-eight oil companies and retailers have agreed to settle litigation claiming customers were knowingly overcharged when gas station fuel temperatures rose, plaintiffs announced Friday.

Anheuser-Busch buying Elysian Brewing

Anheuser-Busch is buying Seattle’s Elysian Brewing Co., expanding further its collection of craft brewers.

Union Pacific railroad hauls in 22 percent more 4Q profit

Union Pacific finished last year with a strong 22 percent jump in fourth-quarter profit, but volatile energy prices are making it difficult to predict how 2015 will unfold.

ECB unleashes its most aggressive effort to revive economy

Europe’s ailing economy will get a major dose of stimulus from the European Central Bank — a bond buying program designed to make loans and exports cheaper so companies can hire and expand.

Stocks rally, euro falls after Europe unveils stimulus plan

A plan to revive Europe’s sagging economy rippled through the financial world on Thursday, setting off a rally in the stock market that wiped out its losses for the new year.

S&P settles with SEC, 2 states over misconduct charges

Standard & Poor’s agreed on Wednesday to pay the U.S. government and two states more than $77 million to settle charges tied to its ratings of mortgage-backed securities.

US stocks rise on expected European stimulus, higher oil

Another choppy day on Wall Street ended with stocks broadly higher on hopes of new stimulus measures for Europe's weak economy and a sharp rise in oil prices.

Yahoo CEO poised to make fateful decision on Alibaba stake

Yahoo CEO Marissa Mayer is facing her biggest business decision since she left Google two-and-a-half years ago to lead its struggling rival: how to manage Yahoo's most valuable asset, a 15 percent stake in Chinese Internet star Alibaba Group worth nearly $37 billion.

IBM 4Q revenue continues to sag, 2015 outlook disappoints

IBM's fourth-quarter net income dropped 11 percent as revenue in most categories continued to decline, and its outlook for the year disappointed investors.

Supreme Court won't hear dispute over debit card fees

The Supreme Court on Tuesday rejected a challenge from retailers who claim the Federal Reserve allows banks to charge businesses too much for handling debit card transactions.

US stocks turn higher in afternoon trading

A late rise in technology stocks helped the U.S. stock market stagger to a tiny gain following a choppy day of trading Tuesday.

NY servers seek raise as restaurant owners defend tip system

In more than a decade slinging drinks, bartender Autumn Alston has depended on tips to earn a living, leading to an often-inconsistent income from some customers who tip a lot, some who stiff and a few who make cringe-inducing suggestions.

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VC firms rain down cash on tech startups, is bubble brewing?

Cash rained down on startups in 2014, as venture capitalists poured a whopping $48.3 billion into new U.S. companies — levels not seen since before the dot-com bubble burst in 2001. Strong technology IPOs are luring investors chasing the next big return, but with valuations this high, critics suggest some investors may be setting themselves up for a major fall.

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Growers struggle with glut of legal pot in Washington state

Washington's legal marijuana market opened last summer to a dearth of weed. Some stores periodically closed because they didn't have pot to sell. Prices were through the roof.