Report: Startup Used iPhone Bug to Allow Spying

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Security researchers say a little-known Israeli startup exploited previously unknown bugs in Apple’s smartphone software to help foreign governments spy on their citizens.

Equity in Startups Is Losing Appeal

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Two years ago, when startups were flush with money, hardware and software design companies were eager to work with them and get paid in cash and equity. These days, however, smaller design firms increasingly want just cash.

Puerto Rico's Pensions: $2 Billion in Assets, $45 Billion in Liabilities

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One of the thorniest tasks awaiting a seven-member board charged with cleaning up Puerto Rico’s debt crisis is deciding how to balance a $70 billion debt load with nearly $43 billion in unfunded pension liabilities.

Fed Officials Voice Support for Activists' Issues

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Federal Reserve officials sought to reassure a group of labor activists that the central bank isn’t going to cool down the economy just as a stronger labor market is reaching a broader swath of Americans.

Wal-Mart in 2008 Investigated Cotton Sheets Supplied by Welspun India

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Wal-Mart in 2008 looked into an employee claim that cotton sheets provided by the big retailer’s supplier Welspun India might have been fake, according to ex-employees and documents reviewed by The Wall Street Journal.

Burden of Health-Care Costs Moves to the Middle Class

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Rising out-of-pocket health care costs, combined with slow economic growth and years of tepid wage growth, pose risks for an economy in which consumer spending accounts for more than two-thirds of overall output.

Canadian Carriers Appear Set to Join U.S. Air-Safety Program

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U.S. airlines and aviation regulators are poised to break new ground by expanding voluntary safety-reporting efforts to include data from Canadian carriers, according to people familiar with the discussions.

U.S. Government Cuts Off New Funding for ITT Tech

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The Obama administration took steps Thursday that could effectively force the closure of one of the nation’s largest for-profit college chains, banning ITT Technical Institute from enrolling new students who receive federal aid.

Miners Find South African Gold Recovers Its Luster

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After years battling depressed prices and cost-cutting, South African gold miners are regaining their shine, with the country’s top four gold producers announcing soaring profits and dividends.

What to Watch For at the Kansas City Fed's Jackson Hole Conference

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Central bankers are gathering in Jackson Hole, Wyo., for an annual economic symposium, this year titled “Designing Resilient Monetary Policy Frameworks for the Future.” Here are several things to watch.

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