Spirit Airlines Boss Vows to Repair Image

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Spirit Airlines new chief executive is planning a midcourse correction at the nation’s leading ultralow-cost carrier to address rising customer complaints and ward off new competitive threats.

U.K.'s Independent Newspaper to Cease Print Editions

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The Independent said it will cease its print editions in March, a major sign of the continuing media transition to the Internet as circulation and advertising revenue from print comes under pressure.

U.S. Stocks Stage Strong Rally, But End Week in the Red

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Major stock indexes posted weekly losses, putting a damper on a rally Friday in recently battered commodities and banking shares. The Dow Jones Industrials gained 313 points yet finished the week down 1.4%.

Oil Soars 12.3% on Production Cut Hopes

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Oil prices rallied, rebounding from a 13-year low reached the previous day, on speculation of production cuts among some of the world’s biggest suppliers.

Bank of America CEO Brian Moynihan Gets $3 Million Pay Raise

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Brian Moynihan, chairman and chief executive of Bank of America Corp., is receiving a pay package worth $16 million for 2015, most of it in the form of restricted stock.

Why Kuroda's 'Bazooka' May Be Out of Ammunition

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The introduction of negative interest rates by the Bank of Japan’s Haruhiko Kuroda has done little to jolt the Japanese economy. Now, he may be running out of options.

U.S. Air Carriers to Begin Competing for Cuba Flights

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U.S. air carriers will begin competing for routes and airport slots for travel to Cuba on Tuesday when an agreement takes effect to restore normal commercial air service between the two countries.

People Over 50 Carrying More Debt Than in the Past

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Americans in their 50s, 60s and 70s are carrying unprecedented amounts of debt, a shift that reflects both the aging of the baby boomer generation and their greater likelihood of retaining debt than previous generations.

Mattel Changes Head of Barbie Business

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Mattel Inc. has named Lisa McKnight, a veteran marketer at the toy maker, to oversee its Barbie business at a time when sales of the iconic doll have turned a corner after years of struggles.

Investors and the Death of Mining Dividends

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The case for putting money in mining has changed. Once pricey stocks promising juicy dividends, mining companies now offer little or no dividend. But they do have one advantage: they’re cheap.

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