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When to ignore credit card advice

Conventional wisdom about credit cards is often black and white, from whether you should use cards at all to which types deserve a slot in your wallet. But personal finance is just that — personal, experts say. "Financial advice...

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Kremlin says nationalizing sanction-hit Rusal is an option

The Kremlin says a temporary nationalization of aluminum producer Rusal is being discussed after the company was hit by United States sanctions. President Vladimir Putin's spokesman Dmitry Peskov says nationalization is "one of the viewpoints...

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Thursday Tech Crawl: Jeff Bezos reveals Amazon has 100M Prime members, Facebook posts a job listing for chip designers, and some wonder if iPhone demand has peaked.

Good Thursday morning to you, Austin! We have scanned the internet to bring you the latest in technology news. Here are today’s headlines: Jeff Bezos reveals Amazon has 100 million Prime members Amazon CEO Jeff Bezos has released his latest annual...

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Stocks post first loss of the week as tech companies drop

Losses among technology and consumer products companies weighed on U.S. stocks Thursday, snapping a three-day winning streak for the market. Banks bucked the trend, rising along with bond yields. Energy companies also eked out a slight gain...

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This Austin startup used its own virtual reality technology to pitch VCs -- and raised millions

When it came time for TheWaveVR to raise a new round of venture capital, the Austin-based startup used its own virtual reality technology to make the pitch. The company, which has created a social platform for VR music and visual experiences, used...

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Cell phones, biometrics fuel jump in bank account ownership

Roughly seven out of every 10 adults worldwide now have some form of bank account, the World Bank said Thursday, largely due to the proliferation of cell phone-based bank accounts and other simple bank account programs in places like India and Sub-Saharan...

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P&G reports flat 3Q profit, buys Merck unit

Procter & Gamble Co. reported flat fiscal third-quarter profit as it faces increased competition for consumer products such as shaving cream and household goods. The Cincinnati company also said it is paying $4.2 billion for Merck KGaA's...

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New data: Americans filling far fewer opioid prescriptions

The number of prescriptions for opioid painkillers filled in the U.S. fell dramatically last year, showing their biggest drop in 25 years and continuing a decline amid increasing legal restrictions and public awareness of the dangers of addiction...

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Procter & Gamble pays $4.2 bln for unit of Germany's Merck

German pharmaceutical and chemical company Merck says it has agreed to sell its global consumer health business to Procter & Gamble for 3.4 billion euros ($4.2 billion) in cash. The deal means Cincinnati-based Procter & Gamble, whose...

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2 black men arrested at Starbucks get an apology from police

Rashon Nelson initially brushed it off when the Starbucks manager told him he couldn't use the restroom because he wasn't a paying customer. He thought nothing of it when he and his childhood friend and business partner, Donte Robinson, were...

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