North America

Oil pipelines

Venezuela may have missed $24 billion in oil revenue in 2014

Venezuela, struggling to pay for essential items such as food and medicine amid strict foreign currency controls, may have failed to collect about a third of its potential oil revenue in 2014, a Reuters analysis suggests.

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Tech triumvirate propels Nasdaq, S&P to record highs

The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft.

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Starbucks

Starbucks' strong results quash growth woes, shares rise

Starbucks Corp said on Thursday sales at its coffee shops in the Americas region grew more than expected, boosted by sales of breakfast sandwiches, lunch and new drinks, such as Flat White.

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Tema oil refinery

Oil hits 2015 high on Yemen worry; U.S. gasoline at Nov peaks

Crude oil prices settled up 3 percent on Thursday, hitting 2015 highs, while U.S. gasoline reached 5-month peaks after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies.

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Mobile World Congress 2015 - Day 2

Microsoft profit, revenue beats Wall Street view; shares up

Microsoft Corp on Thursday reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in the company's core Windows business.

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Google

Google shares rise after profit, revenue gains

Google Inc reported higher quarterly revenue and profit as rising ad volume offset the impact of the strong dollar, sending its stock higher in after-hours trading.

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Time Warner

Comcast plans to drop Time Warner Cable bid: Bloomberg

Comcast Corp plans to drop its $45 billion offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter.

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Wall Street

Despite earnings beats, expectations dim for later quarters

Most U.S. companies so far this earnings season have managed to beat Wall Street profit forecasts despite weak sales, but investors hoping corporate headwinds have died down may need to temper their enthusiasm.

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Apple Debuts New Watch

Apple tests smartwatch market with quiet debut of Cook's first product

The Apple Watch will launch with a whisper rather than a bang on Friday, an unusual start for the company that may reflect early uncertainty about demand for Apple Inc boss Tim Cook's first new product.

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U.S. President Barack Obama

Trade bill key to Pacific pact clears Senate panel

Legislation to give the White House "fast track" authority to nail down a Pacific trade pact cleared its first hurdle in the U.S. Congress on Wednesday as a committee backed the bill and sent it to the full Senate for consideration.

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Boeing

Boeing cash concerns overshadow profit growth, shares stumble

Boeing Co shares dropped as much as 3 percent on Wednesday despite strong earnings, reflecting concerns about the aerospace company's cash flow, orders and costs.

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Home for sale

Home sales vault to 18-month high as supply improves

U.S. home resales surged to their highest level in 18 months in March as more homes came on the market, a sign of strength in housing ahead of the spring selling season.

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Wi-Fi

Google rolls out new U.S. wireless service

Google Inc on Wednesday launched a new U.S. wireless service that switches between Wi-Fi and cellular networks to curb data use and keep phone bills low.

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AT&T

AT&T first-quarter profit beats Street estimates

AT&T Inc on Wednesday reported quarterly profit that beat Wall Street estimates by a penny and lower-than-expected revenue that was nearly flat from a year ago.

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Facebook

Facebook revenue growth slows, costs weigh on profit

Facebook Inc posted its slowest growth in quarterly revenue in two years and higher spending on research and development ate into profits.

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