Senate Confirms Wilbur Ross as Commerce Secretary

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The Senate confirmed Wilbur Ross as Commerce secretary Monday, an appointment key to allowing President Donald Trump to make progress on his campaign promise to overhaul U.S. trade policy.

Trump to Propose $20 Billion Boost in Military Spending

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President Donald Trump’s budget proposal would offset a roughly $20 billion boost in military spending from current levels by cutting funding across the rest of the government.

Snap IPO: A $22 Billion Test for the Unsocial Social Network and Its Elusive Founder

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Snap, which this week could become the biggest technology public offering in years, defiantly operates unlike most Silicon Valley outfits, where collaboration and wide-open office spaces are prized. The question is whether this management style and focus on privacy will help the company challenge the Facebook juggernaut.

Aircraft Sales Boosted U.S. Durable-Goods Orders in January

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Orders for long-lasting factory goods climbed last month due to purchases of military and civilian aircraft, overshadowing a weak start to 2017 for business investment in new equipment.

Indian Workers in U.S. Fear a Trump H-1B Crackdown

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President Donald Trump’s plan to re-examine a range of visa programs to protect American jobs has many Indian engineers and computer scientists employed by U.S. tech companies putting life plans on hold and questioning career decisions.

YouTube Exceeds 1 Billion Hours of Video a Day

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YouTube viewers world-wide are now watching more than 1 billion hours of videos a day, a milestone fueled by the Google unit’s aggressive embrace of artificial intelligence to recommend videos.

Hertz Swings to Loss on Impairment Charges

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Hertz Global Holdings Inc. reported a loss in 2016 as it booked more than $254 million in charges amid continued weakness in its car-rental business.

Do Nokia, BlackBerry Still Pack a Punch?

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Licensing partners hope the answer is yes as they roll out new phones bearing the respected names at the Mobile World Congress.

Johnson & Johnson Prescription Unit List Prices Rose 8.5% Last Year

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Johnson & Johnson said it raised the list price of its prescription medicines by an average of 8.5% last year—and 3.5% after discounts—in the health-products company’s first effort to address criticism about the high cost of medicines by opening up about its drug-pricing practices.

Auto Makers Knew Takata Air Bags Were Dangerous, Plaintiffs Allege

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Car companies for years equipped millions of vehicles with rupture-prone Takata air bags to save money despite knowledge the devices could endanger motorists, plaintiffs’ lawyers alleged in court documents.

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