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Dell warned on Friday that it would be dangerous to take on a lot of debt and remain a public company given its worsening profit outlook, in a sign that it views proposals from Blackstone Group and billionaire investor Carl Icahn as fraught with risk.
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LOS ANGELES, April 2- Stockton and San Bernardino, the two California cities that have filed for bankruptcy protection, are both considered test cases in the epic battle over whether muncipal bondholders or pensioners will absorb most of the pain when a government goes broke.
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*Under new CEO, Sarepta focused on Duchenne muscular dystrophy drug. *Analysts expect company to relay FDA feedback in April. April 2- After three decades without bringing a drug to market, Sarepta Therapeutics Inc stands on the verge of a breakthrough with its treatment for a crippling genetic disorder that affects one in every 3,500 newborn boys.
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SAN FRANCISCO, April 1- A popular U.S. visa program for skilled workers is likely to hit its quota within days after its application period opens, triggering a lottery and signaling that companies feel confident enough about the economy to hire more foreign workers. It had previously said it anticipated the quota for the year starting Oct. 1 could be met by Friday.
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BEIJING/ SAN FRANCISCO, April 1- Apple Inc Chief Executive Tim Cook apologised to Chinese consumers on Monday and altered iPhone warranty policies in its No. 2 market after more than two weeks of condemnation of its after-sales service in the state-run media.
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SAN FRANCISCO-- EBay Inc.' s stock climbed Monday as investors reacted to analysts' forecasts predicting the company's online bazaar and digital payment service will play increasingly important roles in how people shop in the future. THE SPARK: At least five different analysts issued optimistic reports about eBay on Sunday and Monday.
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SAN FRANCISCO, April 1- The Federal Reserve's unconventional efforts to ease monetary policy by buying large amounts of long-term securities weakens the dollar in the same way that conventional interest-rate cuts do, a study released Monday showed.
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The California city of San Bernardino has also filed for bankruptcy, and some expect the city of Detroit, Michigan eventually to surpass Stockton as the biggest U.S. city to file for bankruptcy.
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Dell warned on Friday that it would be dangerous to take on a lot of debt and remain a public company given its worsening profit outlook, in a sign that it views proposals from Blackstone Group and billionaire investor Carl Icahn as fraught with risk.
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NEW YORK/ SAN FRANCISCO, March 29- Dell Inc warned on Friday that it would be dangerous to take on a lot of debt and remain a public company given its worsening profit outlook, in a sign that it views proposals from Blackstone Group LP and billionaire investor Carl Icahn as fraught with risk.
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WASHINGTON, March 28- If the U.S. Supreme Court strikes down a federal law defining marriage as between a man and woman, the newfound rights for gay married couples may bear something not so welcome- a bigger tax burden. The case involves Edith Windsor and Thea Spyer, a New York couple.
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March 28- Amazon.com Inc said on. In buying Goodreads, Amazon gets a community of bibliophiles primed to buy and recommend books- one of its key areas of business. "Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon has helped expand reading around the world," Russ Grandinetti, Amazon vice president, Kindle Content, said in a release.
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*Fresh Del Monte sued Del Monte Foods. District Judge Sidney Stein in Manhattan awarded Fresh Del Monte much of the relief it requested, after a federal jury last April 6 ordered Del Monte Foods to pay the fresh fruit and vegetable company $13.15 million of damages.
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SAN FRANCISCO, March 28- EBay Inc has set aggressive three-year targets for its online marketplace and payments businesses, executives said on Thursday, and the company's shares rose more than 4 percent. GMV is a closely watched measure of eBay's performance.
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*Fresh Del Monte sued Del Monte Foods. District Judge Sidney Stein in Manhattan awarded Fresh Del Monte much of the relief it requested, after a federal jury last April 6 ordered Del Monte Foods to pay the fresh fruit and vegetable company $13.15 million of damages.
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SAN FRANCISCO, March 28- Apple Inc has come under criticism from a Chinese marketplace regulator, which called for stronger supervision of the iPhone-maker's consumer policies within the country, according to state-run media.
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SAN FRANCISCO, March 28- EBay Inc aims to handle $110 billion of sales on its marketplace in 2015 by expanding globally and using mobile technology to lure more shoppers, an aggressive target that drove its shares 4 percent higher on Thursday. GMV is a closely watched measure of eBay's performance.
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SAN FRANCISCO, March 28- EBay Inc aims to handle $110 billion of sales volume on its marketplace in 2015 by expanding globally, getting more local inventory online and using mobile technology to engage more with shoppers, executives said on Thursday.
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SAN FRANCISCO, March 28- Google Inc launched a same-day delivery service in the San Francisco Bay Area on Thursday as the world's largest Internet search company works with retailers such as Target Corp to compete more with e-commerce leader Amazon.com Inc.. Google has been testing the service, called Google Shopping Express, with employees for a few months.
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SAN FRANCISCO, March 28- Wal-Mart Stores Inc is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc..
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March 27- Phillips 66 Partners LP has registered for an initial public offering of units in the midstream partnership that would raise $300 million, making Phillips 66.