Bank of America Cuts Russia Exposure

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Bank of America continues to cut its exposure to Russia amid increasing political tension in the region.

U.S. Steel Loss Narrows

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U.S. Steel's second-quarter loss narrowed as the company continues to cut costs amid a still-glutted global market.

Argentine Standoff Puts U.S. Judge in Focus

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As Argentina hurtles toward a second default in 13 years, the local press has lit upon a convenient villain: 83-year-old U.S. District Judge Thomas Griesa.

NSA Concerns Boost Chinese Server Maker

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Inspur, a Chinese server maker, is seeking to rival IBM in China, helped in part by Chinese worries about using U.S. gear in the wake of the NSA controversy.

IAC/InterActive Unit Agrees to Buy Princeton Review

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A unit of IAC/InterActive Corp. has reached a deal to buy test-preparation service The Princeton Review from Charlesbank Capital Partners, the companies said Tuesday.

Equity Residential Results Rise on Rental Demand

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Apartment developer Equity Residential reported second-quarter normalized funds from operations at the high end of its guidance, as demand for rental housing "remains exceptionally strong."

Ameriprise Profit Rises

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Ameriprise Financial Inc. said its earnings rose 16.5% as the financial-services company posted a strong performance in its advice and wealth-management unit.

Should the republicans try to impeach President Obama?
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The IRS Rules on Deducting Capital Losses

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You can't always use losses to offset capital gains.

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