Vale Posts Loss as Iron-Ore Prices Dive

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Brazilian mining giant Vale SA reported a net loss in the fourth quarter as iron-ore prices fell by nearly half, the local currency weakened and impairment charges continued to pile up.

AMC Networks Ad Revenue Jumps

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AMC Networks Inc. said its advertising revenue surged in the fourth quarter, thanks to strong demand for original programming like “The Walking Dead” as well as its recent investment in BBC America.

Resale Prices Tumble on Electric Cars

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With gasoline prices down 33% from a year ago and buyers cooling toward electric vehicles, Nissan dealers worry that weak demand for used electric Leaf cars will put a flood of used models on the market.

FCC Approves Net Neutrality Rules

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The Federal Communications Commission voted Thursday to regulate Internet service like a public utility, expanding the U.S. government’s oversight of a once lightly regulated business.

Storm Clouds Part for Qantas CEO Joyce

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Six months ago, when Alan Joyce was facing a record annual loss at Qantas Airways, the Irish-born mathematics whiz acknowledged that he faced calls to step down.

BHP, Rio Tinto Hold Off Iron Ore's Squeeze

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Mining firms such as BHP Billiton and Rio Tinto have escaped writing down the value of iron-ore pits in Australia, despite slumping commodity prices.

Barnes & Noble to Keep Nook Business

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Barnes & Noble said Thursday that it plans to spin off its college bookstore unit from its retail and Nook operations, scrapping a plan to spin off its struggling e-book business.

Refineries Cushion Blow to Repsol

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The world-wide collapse in crude prices has prompted losses and big spending cuts at Repsol, but the Spanish oil company found safe harbor in a business that until recently was a disaster for European energy firms: refining.

Samsung to Freeze Salaries

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Samsung Electronics said Thursday it will freeze its employees’ salaries this year as part of an effort to cut costs amid shrinking profits.

Boeing Books Orders for 50 Single-Aisle Jets

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Boeing Co. said it booked orders for 50 more of its 737 Max jets, though customers canceled deals for four of its flagship single-aisle plane.

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