Credit Suisse: How it Made Money But Still Lost Ground

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The Swiss bank turned in a second-quarter profit, but divisions including Asia stumbled.

Amazon Posts Another Blockbuster Profit

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Amazon reported another record profit and its fifth-straight quarter in the black as it continued to reap new sales from Prime memberships and its relentless push to deliver goods ever faster.

Yield Plays: Exxon, Chevron Put to the Test

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Shares have jumped but look susceptible as oil’s slide resumes.

Cities Struggle to Add Upscale Housing While Maintaining Diversity

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From Seattle to Chicago to New York, cities are struggling to crack the ultimate urban code: How to squeeze in ever more well-off people without driving out the less affluent?

Apple's Hard-Charging Tactics Backfire in TV

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Some of the tactics used by Apple to achieve success have hurt its efforts to revolutionize the TV-watching experience. In search of its new big thing, the company has alienated cable providers and networks with an assertive negotiating style.

Facebook Gets Tax Notice Over Transfer of Assets Overseas

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Facebook said that it could end up owing $3 billion to $5 billion in additional taxes as a result of action by the Internal Revenue Service in a long-running dispute related to how it transferred assets overseas.

Oracle to Buy Cloud-Software Provider for $9.3 Billion

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Business-software maker Oracle agreed to buy NetSuite for $9.3 billion. The cloud-computer firm’s largest investor is Oracle Chairman Larry Ellison.

Mobile Strength Propels Google

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Google parent Alphabet said quarterly profit soared 24%, the second internet giant in two days to report blockbuster earnings driven by consumers’ rapid shift to mobile devices.

This Beach Cabana Has Lousy Wi-Fi

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Ocean clubs are caving in to type A telecommuters by upgrading internet service and allowing patrons to install routers and land lines.

Microsoft to Shed 2,850 Additional Jobs

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Microsoft Corp. plans to lay off 2,850 employees, adding to previously announced job cuts as it retools its sales operations and dismantles its mobile phone hardware business.

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