Harley-Davidson Sales Growth Worldwide Tops U.S.

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Harley-Davidson Inc., socked by the strong dollar and tougher pricing competition, reported Thursday a 1.2% decline in profit for the fourth quarter.

McDonald's CEO Out as Sales Drop

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McDonald’s said Chief Executive Don Thompson was leaving, less than three years into his tenure, and promoted a company veteran to try to revive the fast-food giant from its worst slump in more than a decade.

Scrapped: Oil Prices Shelve an $11 Billion Gulf Coast Project

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Sasol said it was shelving an $11 billion project on Louisiana’s Gulf Coast, imperiling one of the largest foreign investments on U.S. soil because of the plunge in oil prices.

Airline Booker Draws Complaints of Irregularities

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Spain’s EDreams Odigeo has grown to rival Expedia as a global leader in airline bookings, but it has also become a magnet for customer complaints about irregularities in booking practices, a Wall Street Journal review found.

ConocoPhillips Records Loss, to Further Slash Capital Budget

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ConocoPhillips announced plans Thursday to pare its capital budget by another 15% as the exploration and production company swung to a loss in its fourth quarter amid tumbling crude oil prices.

Amazon Starts Email Service for Companies

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Amazon announced an email service called WorkMail that is aimed at grabbing a slice of the corporate-email market largely controlled by Microsoft, and to a lesser extent Google.

Facebook Earnings Rise on Mobile Growth

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Facebook’s earnings jumped 34% in the holiday quarter on gains in mobile advertising, but its shares fell more than 2% in after-hours trading as expenses rose faster than revenue.

Fed Flags Midyear Rate Hike---Or Later

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The Federal Reserve signaled it would keep short-term interest rates near zero at least until midyear, while also setting the stage for tough decisions in the coming weeks about whether it should wait even longer.

Amazon: Long on Promise, Short on Profit

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Ahead of the Tape: Shareholders in the online retailer won’t necessarily sell off their shares if Thursday’s results miss expectations.

Cocoa, Once Hot, Is Facing a Chill

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As consumers around the world tighten their belts, even cocoa is getting squeezed.

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