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Business News

Location American Business News for 17 February 2015
This photo of Cindy Crawford has never been Photoshopped -- and now it's going viral It's not a secret that the majority of photos we see of models and celebrities have been digitally altered. Whether a photo editor is using Photoshop to smooth out skin, remove a zit, or make an arm look thinner, it's ra...
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Think your annual bonus is pretty good? This Chinese startup is giving its employees Teslas Chinese companies traditionally give bonuses around the Lunar New Year. But what if the incentive for this year takes the form of a car -- specifically, a Tesla?
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NEW YORK (TheStreet) -- Shares of FireEye  closed higher by 3.72% to $43.83 on Tuesday after a widespread breach in the financial sector increased global concerns about cyber security. Russia's Kaspersky Lab, the worl...
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Ed Mitchell's Que restaurant has closed in Durham

News Observer - 17 Feb 2015 01:03
Renowned pitmaster Ed Mitchell has closed his restaurant at American Tobacco Campus, citing limited cooking capacity and a lack of private dining space. This is Mitchell's second stymied business venture…
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Billionaire hedge fund manager Ray Dalio explains how capitalism works Ray Dalio is distinguished not only for founding Bridgewater Associates -- the world's biggest hedge fund -- or by his estimated net worth of $15 billion, but by his unique business philosophy and his tendency to explain...
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Alibaba founder Jack Ma was rejected from 30 jobs, including KFC, before becoming the richest man in China Jack Ma is one of the most successful entrepreneurs in the world. His e-commerce company, Alibaba, attracts 100 million shoppers a day. Ma is worth an estimate $20.4 billion.  But before he was the richest person in Chi...
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Greek finance minister Yanis Varoufakis has a terrifying 'game theory' about the 'incredible threat' to Europe Greece's finance minister, Yanis Varoufakis, is developing a bit of a cult following. Somewhere between his academic background, his history as a video game economist, and his trademark leather jackets, an economic rocks...
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Hackers steal up to $1 billion from banks, security firm says A hacking ring has stolen up to $1 billion from banks around the world in what would be one of the biggest banking breaches known, a cybersecurity firm says in a report released Monday.
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Backlog of cargo ships at L.A., Long Beach ports grows amid labor dispute More cargo ships piled up at the Los Angeles and Long Beach ports Monday as Labor Secretary Thomas Perez prepared to meet with shipping companies and the dockworkers union to revive stalled contract talks.
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Greece and the Eurozone Dance on the Precipice The ball's in your court, Eurozone tells Athens. Return it by Friday or else. What ball? Athens says.
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On the Road: Numbers May Not Give a Complete Picture of Passenger Unruliness While government statistics show a decline in reported incidents, an international body says they have been on the increase in recent years.
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IGATE (IGTE) Downgraded From Buy to Hold

The Street - 17 Feb 2015 19:20
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.  TheStreet Ratings q...
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NEW YORK (TheStreet) -- Shares of MGM Resorts International are climbing, up 1.03% to $21.68 in late morning trading Tuesday, after the casino resorts company reported fourth quarter earnings of 1 cents per share, lower ...
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3 Ways To Optimize Your Employee Referral Program Get the most out of referrals with these easy-to-implement ideas.
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NEW YORK (TheStreet) -- Shares of CSX Corp.  are down 0.22% to $36 in pre-marker trade after a train carrying more than 100 tankers of crude oil derailed during a snowstorm in southern West Virginia yesterday, sending ...
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Stocks: 4 things to know before the U.S. open Here's what you need to know about the markets before you start your business day.
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Oil, gas regulators to discuss rules for flood safety

News Observer - 17 Feb 2015 12:11
Colorado regulators are holding a public meeting on proposed new rules to keep oil and gas wells safer after the 2013 Front Range flood was blamed for spills.
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U.S. financial regulators are focusing renewed attention on Wall Street pay and are designing rules to curb compensation packages that could encourage excessive risk taking, reports The Wall Street Journal.
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Which U.S. President Also Served As An Executioner? With another Presidents Day upon us, it seems an appropriate time to look at a few of the odd and interesting facts about the people who have held the "highest office in the land".
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The Triangle co-working spectrum offers many choices - coffee shops, public libraries and shared office space, all hives of activity giving small startups and freelancers a physical presence, Internet access,
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REPORT: Snapchat is raising another round at a $16--19 billion valuation Snapchat may soon be the third most-valuable startup in the world, behind Uber and China's Xiaomi. Bloomberg is reporting that the mobile photo platform is seeking $500 million at a $16-19 billion valuation, and that it'...
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The foremost academic expert on 'Fifty Shades of Grey' tells us why the movie is truly horrible Amy Bonomi, a public health researcher and the chair of the human development and family studies department at Michigan State University, has taken several people to see "Fifty Shades of Grey" -- but she doesn't exactly ...
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