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Target lays off 1,700, won't fill another 1,400 vacancies

Target Corp. said Tuesday that it is laying off 1,700 workers and eliminating another 1,400 unfilled positions as part of a restructuring aimed at saving $2 billion over the next two years.

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Montel Williams out as payday loan pitchman in New York

An online company is losing Montel Williams as its celebrity pitchman in New York while agreeing to stop generating leads in the state for payday loans with interest rates sometimes topping 1,000 percent, regulators said Tuesday.

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Dow reshuffle: Apple joins blue-chip index, AT&T gets booted

In another milestone for the popular and profitable iPhone giant, Apple will replace AT&T in the venerable Dow Jones industrial average on March 19, the manager of the index announced Friday.

US stocks drop; strong jobs report raises rate hike prospect

U.S. employers added 295,000 jobs last month, the government said. That was more than economists were expecting and, combined with a drop in the unemployment rate, raised the likelihood of the Federal Reserve raising interest rates sooner than had previously been expected.

Robust US job market is expected to keep delivering

Even after the most vigorous three-month hiring spree in 17 years, U.S. employers are showing few signs of letting up.

Snuggie seller settles charges that it deceived customers

The company behind the Snuggie, Perfect Bacon Bowl and other “As Seen on TV” products has agreed to pay $8 million to settle charges that it deceived customers.

Applications for US jobless aid inch up to a 10-month high

The number of people seeking unemployment benefits rose last week to the highest level since May, though the pace of applications remains at a level consistent with steady hiring.

US stocks edge higher; Pharmacyclics jumps on AbbVie bid

The stock market closed slightly higher on Thursday as gains for utilities and financial stocks were largely offset by losses in energy and materials companies.

H&R Block handled fewer returns, but 3Q revenue jumped

Tax preparer H&R Block Inc. said Wednesday that the earlier opening of the IRS' e-filing system helped its results in the fiscal third quarter even as it processed fewer tax returns than it did a year ago.

Fed survey finds US economy growing at moderate pace

The U.S. economy was growing at a moderate pace through mid-February despite severe winter storms that disrupted activity in some regions, the Federal Reserve reported Wednesday.

Stocks fall, pulling market further below record highs

U.S. stocks sank Wednesday, pulling indexes further below record highs hit earlier in the week.

US stocks fall broadly a day after Nasdaq passes 5,000 mark

U.S. stocks fell from record highs on Tuesday and the Nasdaq dropped below 5,000 a day after passing that milestone for the first time since the dot-com era 15 years ago.

Annual report offers new clues about Buffett's successor

Billionaire Warren Buffett is proud of what he's built as Berkshire Hathaway's CEO over the past 50 years, but he's also willing to admit making a few costly mistakes along the way.

Moody's downgrades Chicago's rating over pensions

Moody's Investors Service has downgraded Chicago's credit rating to two levels above junk status, citing the city's $20 billion mountain of unfunded pension liabilities.

US economic growth in Q4 revised down to 2.2 percent

The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.