Archive for January 25th, 2018

The dollar’s worst start to a year since 1987 may get a lot worse.

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<p>It sounds good, but be careful what you wish for.</p>

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From acquisitions and equipment purchases to stock buybacks, firms are rapidly recalibrating their business plans in the wake of the corporate tax overhaul. Specialty drugmaker Amicus Therapeutics, for one, has decided to build a new production facility in the U.S. instead of in Europe.

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Eight months into its chief’s tenure, the company’s stock is languishing and some analysts are perplexed. Disappointing earnings added to the puzzle.

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Sales of new U.S. single-family homes fell more than expected in December, recording their biggest drop in nearly 1-1/2 years, likely as the boost from the replacement of flood-damaged houses in parts of the South affected by hurricanes faded.

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There have been some modest attempts in the past few years to shore up and fill in gaps in this country's haphazard system of retirement savings.&nbsp;

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The trouble at General Electric Co. began decades ago when a hole started to form inside its sprawling financial unit.

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Chinese wind turbine maker Sinovel Wind Group Co was convicted on Wednesday of U.S. charges that it stole trade secrets from AMSC, causing the Massachusetts-based company to lose more than $800 million.

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Diligent savers and a market rally have boosted retirement accounts higher than ever.

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A new report from the Stanford Center on Longevity aims to help older workers decide when to retire and how to deploy their savings.

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A nationwide truck shortage is forcing thousands of shippers into a tough choice: postpone all but the most important deliveries, or pay dearly to jump to the front of the line.

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Last year, J.C. Penney shuttered nearly 140 stores in one fell swoop. This year, it seems to be planning just a handful of additional store closures.

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