Kate Spade earnings fall short of forecasts

Kate Spade & Co. (KATE) on Tuesday reported fourth-quarter net income of $61.5 million. The New York-based company said it had net income of 48 cents per share. Earnings, adjusted

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Carl Icahn posts worst loss since 2008

Carl Icahn, who briefly flirted with a role as Donald Trump’s Treasury Secretary, just posted his worst investment losses since the dark days of the financial crisis. The 80-year-old investor’s

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VW sales fall as diesel scandal drags on

The Volkswagen brand saw a drop of 13.2% in sales last month as it continues to reel from the inability to sell its diesel car models due to the scandal

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Zuckerberg climbs Forbes billionaires list

Facebook is making people a lot of money. Facebook CEO Mark Zuckerberg climbed one spot to sixth on Forbes magazine’s 2016 list of the world’s richest people, with a net

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Apple doesn’t have to unlock drug dealer’s iPhone, judge says

A federal judge in Brooklyn on Monday denied a Department of Justice request for a court order that would force Apple to bypass the security passcode on the iPhone of

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March starts strong as U.S. stocks rally

March came in like a bull for Wall Street Tuesday with U.S. stocks up sharply as better-than-expected news on manufacturing added fuel to a an early rally on China’s latest

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LSE and Deutsche Boerse in merger talks

The London Stock Exchange on Tuesday confirmed it was in discussions to merge with Germany’s Deutsche Boerse. The LSE said in a statement that the two firms are “in detailed

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Emirates overtakes Qantas for world’s longest flight

Emirates has bumped Qantas Airways out of the top spot for the world’s longest flight. Emirates took over the title Tuesday with the launch of its 8,819-mile nonstop route between

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Disney park prices jump 20% on these days

Walt Disney’s (DIS) theme parks in California and Florida are so popular – prepare to pay more if you go when everyone else wants to. The giant entertainment company Sunday

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Stocks gain as oil prices rise above $33 a barrel

U.S. stocks snapped out of a morning malaise and posted moderate gains Monday as oil prices rose and global stocks fell after a meeting of G20 finance officials ended without

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Valeant shares falls as CEO returns; financials delayed

Shares of Valeant Pharmaceuticals International (VRX) plunged anew on Monday, hours after the embattled drugmaker announced its chief executive is returning from illness but withdrew its financial guidance and postponed

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Hopes of business-friendly reforms in India fade

Even as India shines as a rare bright spot in a sluggish global economy, the country’s business-savvy prime minister is watching his popularity wane. Narendra Modi swept into power in

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