North America

Jeb Bush

How an off-the-cuff remark shaped Jeb Bush's economic vision for U.S.

There were no fancy economic models or forecasts when former Florida Governor Jeb Bush first tossed out the idea that 4 percent annual growth should be the overarching goal for the U.S. economy.

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Google

Worldwide Chromebook sales set to reach 7.3 million units in 2015: Gartner

Market research firm Gartner Inc estimated 7.3 million Chromebooks would be sold this year, helped mainly by demand from the education industry.

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Hewlett-Packard

HP reports profit above estimates, shares up

Hewlett-Packard Co (HPQ.N), the world's No. 2 PC maker, reported a quarterly profit above market estimates, helped by cost cuts, sending its shares up more than 3 percent in after-market trading.

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The Apple logo in Sydney

Carl Icahn says underweight Apple bets will hurt funds' performance

Billionaire activist investor Carl Icahn said Thursday that mutual funds will increasingly realize that being underweight shares of Apple will hurt their performance as the technology giant continues to innovate.

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NYSE

S&P ends at all-time highs but traders eye weak volume

The S&P 500 closed at a record high on Thursday after disappointing economic data bolstered expectations that an interest rate hike is likely to come only later in the year.

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Job seekers

U.S. jobless claims rise; four-week average lowest since 2000

The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week, but the underlying trend continued to suggest the labor market was tightening.

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Shopify Logo

Canadian software maker Shopify valued at $1.27 billion at IPO price

Canadian e-commerce software maker Shopify Inc (SHOP.N) (SH.TO) said its U.S. initial public offering was priced at $17 per share, valuing the company at about $1.27 billion.

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Gas station

Oil rises on U.S. crude drawdown but oversupply still weighs

Oil prices rebounded on Wednesday, with U.S. crude snapping a five-day decline, after another weekly inventory draw but gains were still limited by a huge supply overhang and concerns about a stronger dollar.

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NYSE

Dow, S&P 500 end slightly lower after Fed minutes

U.S. stocks ended marginally lower on Wednesday after Wall Street saw little in the minutes from last month's Federal Reserve meeting to alter expectations of when the central bank will raise interest rates.

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The U.S. Federal Reserve

Fed officials see June rate hike as unlikely: minutes

Federal Reserve officials believed it would be premature to hike interest rates in June even though most felt the U.S. economy was set to rebound from a dismal start to the year, according to minutes from their April policy meeting released on Wednesday.

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Smartphone

Apple, Android app makers cool to Microsoft overtures

Microsoft's plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren't interested.

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Wall Street

Wall Street set to open little changed as investors await Fed minutes

Wall Street was set to open little changed on Wednesday with investors cautious ahead of the release of minutes from last month's Federal Reserve meeting, which is expected to shed light on when interest rates will be hiked.

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Target

Target first quarter profit tops estimates on healthy sales growth

Target Corp (TGT.N) on Wednesday reported a larger-than-expected increase in first-quarter profit as revenues got a boost from online sales and a program to narrow its product focus.

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Takata

Takata doubling U.S. recall for defective air bags to 34 million vehicles

Japanese air bag manufacturer Takata Corp is doubling a recall of potentially deadly air bags to nearly 34 million vehicles, creating the largest automotive recall in American history, U.S. safety regulators said on Tuesday.

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Yahoo Inc

Yahoo shares plunge on report IRS considering spin-off rule changes

Shares in Yahoo Inc (YHOO.O) fell 7.6 percent on Tuesday, as the stock sold off dramatically in the last 20 minutes of the trading day on worries that a potential change in U.S. tax regulations would affect Yahoo's expected spinoff of its stake in Alibaba Group Holding Ltd (BABA.N).

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