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U.S. markets news

China Industrial Profits Decline Most In 27 Months
Chinese industrial profits declined at the fastest pace in 27 months in November, official data revealed Saturday. Industrial profits fell by 4.2 percent from last year to CNY 676.12 billion, the biggest decrease since August 2012, the National Bureau of Statistics ...
China's Nov industrial profits down 4.2% y-o-y, sharpest fall in 27 months  THE BUSINESS TIMES
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Russia May Burn Wealth Funds in 3 Years Without Cuts
(Corrects story published yesterday to show reserves are in billions, not millions.) Russia, poised to enter a recession, will burn through its rainy-day funds in three years if the government doesn't change the budget structure, according to Finance Minister ...
Russia forecasts economic slump as bailed-out bank gets more funds  Economic Times
Bailed-out Russian bank gets more funds  DAWN.com
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Bloomberg Briefing, Dec. 27
Number of the day. $10 billion. That's how much Credit Suisse Group could have to pay in legal damages, thanks to a ruling last week by a New York Supreme Court justice who refused to toss out the case.
New York's Top Cop Scores as Credit Suisse Faces $10 Billion Mortgage ...  Bloomberg
Credit Suisse loses bid to dismiss mortgage case  CNBC
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Amazon signs 10000 new Prime members during the holidays
In its annual post-Christmas debrief, the company also touts the coming expansion of its one-hour delivery service, mobile shopping and Fire TV.
Amazon adds 10M Prime subscribers during holiday  USA TODAY
Amazon draws 10 million new Prime members over holidays  Reuters
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Wall Street ends at record in second straight weekly gain
NEW YORK - U.S. stocks ended higher on Friday, with both the Dow and S&P 500 closing at records in a broad rally, though trading was light with many market participants still out for the Christmas holiday.
Wall Street ends at record in broad rally; posted 2nd straight weekly gain  America Herald
Wall Street on track for slow and steady weekly gain  The Westside Story
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After-Christmas shopping
BARBOURSVILLE - The pitter-patter of feet in area homes Christmas morning was replaced by the pitter-patter of thousands of shoppers into Tri-State retailers Friday morning.
Big Crowds Expected For Holiday Shopping Returns  CBS Local
How to tackle your holiday gift returns  MetroWest Daily News
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Holiday deliveries improve but hiccups continue
In this June 20, 2014 photo, United Parcel Service driver Richard Trzcinski, right, goes over ORION, the automated computer system that devises optimal routes for its drivers, with fellow driver Daniel Petranck before heading out on deliveries from the ...
FedEx, UPS improve holiday shipping performance - The Spokesman-Review  Macro Insider
Eight things you may have missed Friday from the world of business  Boston Globe
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Oil industry faces hurdles in 2015
BISMARCK -- With oil prices slipping to their lowest point in more than five years, new state regulations slated to take effect and lawmakers proposing major investments in oil country, 2015 is shaping up to be a critical year for the oil and gas industry in North ...
Bakken outlook: Oil industry faces hurdles in 2015  Dickinson Press
Oil Jobs Squeezed as Prices Plummet  Wall Street Journal
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'eager' bargain-hunters hit sales
British retailers are predicting a strong showing from bargain-hunters today, after what was described as a "pleasantly robust" start to the post-Christmas sales on Boxing Day.
Shoppers Snap Up Boxing Day Bargains  Yahoo Finance UK
Boxing Day sales a queue for stampede of bargain hunters  Belfast Telegraph
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Uber Reeling As Philadelphia Taxi Drivers Come Together For Lawsuit
As many as 45 Philadelphia-based taxi companies, led by Checker Cab, have filed a case against Uber Technologies Inc., going as far as calling the ridesharing company a �criminal enterprise.
Uber Sued By 45 Taxi Companies  ValueWalk
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