Qatar Set to Gain Control of Canary Wharf

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Qatar’s sovereign-wealth fund and Canadian investors Brookfield Property Partners are set to gain control of London’s Canary Wharf business district in a deal worth $3.94 billion.

Hedge Funds, Private Equity Win Big at TARP Auctions

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A government program to rid itself of TARP investments in small banks has proved a boon to hedge funds, private-equity and other private investors, according to a new watchdog report.

S&P, DOJ, States Close to $1.37 Billion Settlement

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S&P could strike a deal as early as Thursday to pay more than $1.37 billion to resolve crisis-era lawsuits with the Justice Department and more than a dozen states, according to people familiar with the situation.

Debt That Boosted Cities Now Hurts China

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Rampant borrowing by firms like Wuhan Urban, a local-government concern that funds development in dusty Wuhan city, is a big reason China’s debt load is expanding.

Apple Delivers Quarter for the Ages

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Apple surpassed even the most bullish Wall Street expectations for its holiday quarter with an improbable trifecta: selling 46% more iPhones at higher prices—and earning more on each sale.

Closing an Airport Security Gap

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A trio of recent incidents is fueling new scrutiny of U.S. airport security procedures that allow nearly a million workers nationwide access to airport facilities without routine screening.

On-Demand Workers: 'We Are Not Robots'

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Companies that rely on freelance labor describe their workers as micro-entrepreneurs. But lawsuits, protests and forums suggest that many flexible laborers feel less enthusiastic about the new work model.

Port Snarls to Take Months to Unwind

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The labor dispute that has magnified the snarls at U.S. West Coast ports may be on the brink of a settlement, but it will take months to end the widespread pain, freight disruptions, and losses caused by the cargo jam.

Rural Spain Feels Pain of Bank Branch Cuts

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Thousands of branch closures, aimed at cutting costs, have limited access to banking services in some parts of rural Spain.

Fiat Chrysler Fourth-Quarter Net Profit Falls

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Car maker said it won’t pay a dividend on 2014 profit to preserve funds for its five-year plan, but added that it shipped 4.6 million vehicles last year and could ship as many as five million this year.

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