University of Phoenix Parent Apollo Education to Be Taken Private

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Apollo Education, which operates the for-profit University of Phoenix, agreed to be taken private by a group of investors in a $1.1 billion deal.

The Thorny Economics of Illegal Immigration

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Arizona’s economy took a hit when many illegal immigrants left for Mexico, but there were more jobs and higher wages for some low-skilled workers.

Winning Bets Become Losers

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Bets on financial shares and the technology sector have cost investors dearly, as have those against the Japanese yen and wagers on the U.S. dollar.

Disney Earnings: Why ESPN Has to Get Back in the Game

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In Disney’s quarterly results, the cord-cutting phenomenon and its impact on ESPN will likely overshadow success from “Star Wars: The Force Awakens.”

Deutsche Bank Shares Drop as European Banks Get Pummeled

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Deutsche Bank’s shares dropped sharply Monday, losing almost 10% of their value as the battered European banking sector came in for fresh punishment.

CFTC Can't Give Whistleblower Money Away

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Since its Whistleblower Program was launched in 2011, the Commodity Futures Trading Commission has spent more on administrative costs than it has paid out in bounties.

Variable Annuities Face New Test From the Government

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A proposed rule, expected to be finalized as soon as next month, would hold advisers working with retirement savings to a “fiduciary” standard.

Legal Fees Cross New Mark: $1,500 an Hour

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Partners at some of the top U.S. law firms are approaching—and sometimes surpassing—the watershed billing rate of $1,500 an hour, making the $1,000-an-hour legal fees that once seemed so steep look quaint by comparison.

Chesapeake Woes Rattle Pipeline Partners

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Chesapeake, Williams and Energy Transfer pulled each other into a spiraling stock plunge that illustrates how one distressed shale producer can threaten its business partners.

Total Starts North Sea Gas Project Despite Low Oil Prices

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One of the last big North Sea projects sanctioned under high oil prices has begun pumping natural gas, highlighting an unexpected boom in U.K. energy production that analysts say is unsustainable.

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