Weibo Shares Jump 19% in Trading Debut

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China's version of Twitter, Weibo, surged as much as 44% on its first day on the Nasdaq, a reversal from the stock's lackluster pricing.

What's Barnes & Noble's Survival Plan?

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Barnes & Noble Chairman Leonard Riggio again trimmed his holdings in the struggling book seller, fueling questions about the retailer's prospects. Shares fell 12%.

Microsoft Sold More Than 5 Million Xbox Ones

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Microsoft on Thursday said it has sold more than five million Xbox One consoles to retail shops since the product was launched in November.

Wal-Mart to Launch Money-Transfer Service

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Wal-Mart is trying to shake up the money transfer industry with a new service that undercuts Western Union and MoneyGram with lower and simplified fees.

Higher Prices Boost Pepsi's Profit

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PepsiCo's net income rose 13% as cost cuts and price increases helped offset softer volumes and foreign exchange headwinds.

Weibo Shares Jump 19% in Trading Debut

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China's version of Twitter, Weibo, surged as much as 44% on its first day on the Nasdaq, a reversal from the stock's lackluster pricing.

Concert Bookers Become Stars as Albums Fade

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As musicians play more live shows to make up for diminished album sales, booking agents are moving into the spotlight—and earning more. New duties include creating offbeat venues, events and stunts that will help an artist stand out, especially as record companies do less.

American Securities Puts Prison-Phone Operator GTL on Block

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Global Tel*Link, the largest U.S. operator of prison phones, is being shopped by its private-equity owner, a move that follows a decision by federal regulators to cap the fees companies can charge for interstate inmate calls.

Grid-Attack Response Ignites Critics

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Regulations drafted to prevent a repeat of last year's attack on California substation are too loose to stop saboteurs, critics say.

Ford to Sell Lincoln Models in China

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Ford said it would sell five U.S.-made Lincoln models by 2016, offering new details of its plans to pitch its premium cars to Chinese buyers who now equate luxury with German vehicles.

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