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.

How Netflix's 'Beat Bugs' Creator Tapped Rights to Beatles Catalog

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Television-show creators base their ideas on everything from books to historical eras, but writer-director Josh Wakely uses an unusual formula: He starts by licensing entire catalogs of the world’s most valuable songs, including the Beatles.

Amazon Primes Margin Pump for Now

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The online-retail giant continues to surprise on profit, but spending is likely to increase.

Ford's Signals Caution Ahead

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Ford Motor Co. raised a caution flag for the red-hot American auto industry, projecting weaker U.S. sales in the second half and a Brexit impact.

Judge Denies Motion to Dismiss Viacom CEO's Suit

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The legal battle for future control over Sumner Redstone’s $40 billion media empire appears to be headed to trial.

Past Mistakes Still Haunt Lender CIT

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Midsize lender CIT is struggling to find the right size and business mix, even as it divests a profitable air leasing business.

Oracle: No Break Yet in Cloud Shopping Spree

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A high price for NetSuite shows demand for cloud deals remains strong.

How Mobile Games Rake In Billions

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Behind a pair of recent multibillion-dollar deals in the mobile videogame industry is an expertly crafted weapon: virtual goods sold inside apps for as little as 99 cents a pop. In-app purchases let players spend real money to bypass ads, acquire skills or grow powerful quickly.

SABMiller-AB InBev: Don't Bet on a Breakup

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The beer has turned cloudy at the bottom of the bottle, but investors should drink to the SABMiller-AB InBev tie-up.

U.S. Jobless Claims Rose, but Still Point to Expanding Labor Market

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The number of Americans filing new applications for jobless benefits climbed last week—rising 14,000 to a seasonally adjusted 266,000—though that level continues to point to an growing job market.

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