Archive for category Business

FTC: Skechers deceived consumers with shoe ads

WASHINGTON (AP) — The government wants you to know that simply sporting a pair of Skechers’ fitness shoes is not going to get you Kim Kardashian’s curves or Brooke Burke’s toned tush.

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Avoiding marriage’s No. 1 pitfall: money troubles

LOS ANGELES (AP) — Newlyweds and couples moving toward marriage, take note. Love, as it turns out, is not all you need.

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Oil drops to lowest level in 6 months

NEW YORK (AP) — The price of oil dropped to a six-month low Tuesday on concern that economic uncertainty in Europe could hurt demand for crude.

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Zuckerberg’s Facebook story is study in contrasts

In this Sept. 22, 2011 file photo, Facebook CEO Mark Zuckerberg smiles during the f/8 conference in San Francisco. As Facebook promotes the vision of its 28-year-old CEO as part of this week's first-ever sale of stock to the public, one of the most striking features of his persona is the contradiction between the public and private that remains at its center. Zuckerberg avoids questions about himself and once sued a magazine for publishing documents revealing details from his past.  (AP Photo/Paul Sakuma, File)

When Hollywood set out to tell the story of how Mark Zuckerberg launched Facebook, it enjoyed the flexibility of portraying a man who, despite his social network’s worldwide reach, was all but unknown to the public.

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Dimon survives votes on pay, chairmanship

Protestors hold signs outside the gate of JP Morgan Chase annual stockholders meeting held Tuesday, May 15, 2012, in Tampa, Fla. JPMorgan Chase CEO Jamie Dimon, facing shareholders five days after the bank disclosed a $2 billion trading loss, said Tuesday that the company's mistakes were "self-inflicted." (AP Photo/Scott Iskowitz)

TAMPA, Fla. (AP) — The CEO of JPMorgan Chase offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that “should never have happened” and survived a push to strip him of the title of chairman of the board.

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