Netflix's Global Growth Fuels Surge in Subscribers

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Netflix’s subscriber additions surged in the fourth quarter, fueled by an aggressive international expansion, as the streaming giant continues to stock up on content it hopes will appeal across multiple countries.

Overhead Bins Not Included: More Airlines Launch No-Frills Fares

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American Air and United are set to join Delta in offering cheaper economy-cabin fares in a bid to compete with discount carriers.

Small Businesses Struggle to Add Jobs, Study Finds

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Employment growth is slow and unsteady at most small firms, with the median small business adding fewer than one full-time position a year, despite the sector’s reputation as the engine of U.S. job growth.

Pearson Shares Dive on Profit Warning

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Shares in Pearson plunged more than 30% after the world’s largest education company issued a profit warning for 2018 and said it plans to sell its stake in its Penguin Random House publishing joint venture.

U.S. Races to Finish Probes, Wring Payouts From Firms

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The Obama administration rushed to complete a raft of investigations of big business before relinquishing power, reaching settlements worth around $20 billion in the past week alone with megabanks, auto makers, drug companies and others.

Court Denies Arrest Warrant for Samsung Heir Lee Jae-yong

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A South Korean court denied an arrest warrant for Lee Jae-yong, the scion of the Samsung conglomerate, for his alleged involvement in a national corruption scandal.

Commerce Nominee Offers Preview of Trade Policy

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Wilbur Ross, President-elect Donald Trump’s pick for commerce secretary, provided the deepest view yet of the incoming administration’s likely direction on trade in testimony before the committee considering his nomination.

Target Issues Profit Warning on Disappointing Holiday Sales

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Target warned of weak profits and sales in the critical holiday period as the retail chain struggled to get shoppers to visit its stores and relied on discounting to compete with Amazon.com for online orders.

Outgoing Canadian Pacific CEO and Activist Investor to Target CSX

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Hunter Harrison, the railroad veteran who announced his early departure from Canadian Pacific Railway, is joining with an activist investor in an attempt to shake up management at rival railroad CSX.

Citigroup Is the Last of the Cheap Banks

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Citigroup is the last major bank trading at an ultracheap valuation.

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