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MBA applications decline in the US, while global demand surges

MBA programs in the US experienced their fourth year in a row of declining applicants said new data.

Trade dispute heats up between the US and China at the WTO

The United States launched a trade case against China on Monday claiming that the Chinese government has unfairly subsidized its auto industry.

Tax-free Amazon shopping ends for Californians

Amazon is opening warehouses closer to customers in California, making them one step closer to same-day shipping.

Glenn Beck finds new home with Dish Network

Glenn Beck left Fox News in 2011 after falling ratings and allegations he was becoming too extreme.

Moody's warns US of credit rating downgrade in 2013

Moody's credit rating agency said that it would consider downgrading the US next year if the current budget stand-off was not solved.

Revlon to cut about five percent of workforce

Revlon said Wednesday that it would be cutting 250 jobs - five percent of its workforce - in a restructuring effort.

Nokia US launches free music streaming to boost sales

American users of the Nokia Lumia will now be able to access millions of songs as Nokia markets to US customers.

Russian billionaire Abramovich wins world's biggest private lawsuit

The judge in the case called Berezovsky "unreliable" and "unimpressive" as a witness.

US consumer confidence drops to 9-month low

American consumers are not feeling very confident about the future despite gains in home prices and job growth.

Finland combats rumors over euro exit

The Finnish government expects to have an $8.2 billion budget deficit next year and is embarking on a tough plan of tax hikes and spending cuts.
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