Inventory Check: We Went to the Stores

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Heard on the Street is conducting an experiment to see how retailers’ claim that low inventory will mean less discounting is playing out.

Chips Need a Nick, Not a Cut

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Semiconductor stocks are vulnerable after big run-up, but strong fundamentals remain.

U.S. to Forgive at Least $108 Billion in Student Debt in Coming Years

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The federal government is on track to forgive at least $108 billion in U.S. student debt in coming years, according to a GAO report that shows the Obama administration’s approach is proving costly.

Europe's Forgotten Election: Spare a Thought for Austria

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Investors will be watching out for the result of Italy’s constitutional referendum Sunday. They shouldn’t forget Austria’s presidential vote.

Too Many Railcars, Too Little Freight

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Railcar manufacturers and equipment-leasing companies feasted on high demand to move coal, oil and other commodities from 2012 until last year. Then commodity prices crashed and output slumped.

Erich Bloch Helped Pioneer IBM's Most Successful Computer

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Erich Bloch fled Nazi Germany as an orphaned teenager and went on to become a pioneer of high-performance computing, leaving indelible marks at IBM and the National Science Foundation. Mr. Bloch died Nov. 25 at 91.

Bell Tolls for London's Whitechapel Foundry

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The British foundry that made the Liberty Bell, London’s Big Ben and the clock bells for the city’s St. Paul’s Cathedral is closing its doors, saying deteriorating business conditions have taken their toll.

United Tech CEO's Pilgrimage to Trump Tower Ends in Deal

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Greg Hayes’ pilgrimage to Trump Tower ended roughly two weeks of intensive talks between representatives of Vice President-elect Pence and United Technologies. Under the deal, the company will get $7 million over 10 years to keep jobs in Indiana.

Tax Rules on Corporate Inversions Face Uncertain Future

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The Treasury Department spent nearly three years reshaping international corporate transactions and deterring inversions. Now, all that work, capped with a crucial set of final rules in October, could come undone.

The Really Rich Got Richer, According to IRS's Top 400

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The total income reported on the top 400 individual tax returns rose 20% in 2014, according to Internal Revenue Service data released Thursday.

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