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Tuesday, February 21, 2017
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Saturday, February 25, 2017
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Market Update  

- By Quentin Fottrell, MarketWatch Take this 10-question tax quiz and see how you do American adults appear to be confused -- very confused -- by the U.S. tax code. More than half of taxpay...
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Business News  

Japanese Nissan executive tapped to replace Ghosn as CEO
(AP Photo - Shuji Kajiyama)
By YURI KAGEYAMA
From Associated Press
February 22, 2017 8:07 PM EST

TOKYO (AP) — Carlos Ghosn, who leads Nissan and Renault, has tapped Hiroto Saikawa, a veteran Japanese executive at Nissan, to replace him as chief executive at the Japanese automaker, although Ghosn will stay on as chairman.

DALLAS (AP) — The CEO of discount carrier Spirit Airlines says he isn't worried about competing against new, cheaper fares from American and United.

DETROIT (AP) — Unable to string together profitable quarters, electric car and solar cell maker Tesla Inc. reported a loss for the last three months of 2016.

WASHINGTON (AP) — While serving as Oklahoma's attorney general, new Environmental Protection Agency chief Scott Pruitt coordinated closely with fossil-fuel companies and special interest groups working to undermine federal efforts to curb planet-warming carbon emissions, newly released emails show.

BOSTON (AP) — A breach that allowed 11 people to walk through an unattended security checkpoint lane at one of the nation's busiest airports has some travelers scratching their heads about how this could happen even with the enhanced security measures put in place after the Sept.

TULSA, Okla. (AP) — Not far from a gleaming $183 million arena and other signs of a midsize city striving to become something more, smooth pavement gives way to potholes, rusted fences and shuttered storefronts.

NEW YORK (AP) — U.S. stocks slipped Wednesday after their recent record-setting run. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals will win approval from regulators.

FRAMINGHAM, Mass. (AP) — Department stores just got a double dose of bad news. The parent company of T.J. Maxx and Marshalls, which have taken a bigger share of clothing spending by selling popular brands at deep discounts, plans to expand even faster and test a new home store that's different from its highly successful HomeGoods chain.

WASHINGTON (AP) — Federal Reserve officials earlier this month discussed the need to raise a key interest rate again "fairly soon," especially if the economy remains strong.

PHILADELPHIA (AP) — Some Philadelphia supermarkets and beverage distributors say they're gearing up for layoffs because the city's new tax on soft drinks has cut beverage sales by 30 percent to 50 percent — worse than the city predicted.

PARIS (AP) — France's finance minister says a possible PSA Group takeover of General Motors' German subsidiary Opel could help both companies if it doesn't lead to job cuts.

LITTLE ROCK, Ark. (AP) — Amazon is resisting an effort by Arkansas prosecutors to obtain potential recordings from a slaying suspect's Amazon Echo smart speaker, saying authorities haven't established that their investigation is more important than a customer's privacy rights.

WASHINGTON (AP) — The Supreme Court on Wednesday sided with California-based Life Technologies Corp. in a patent infringement case that limits the international reach of U.S.

The U.S. government may soon lean on someone new to help lower health care costs: you. The idea is that when your money is on the line — and not the insurance company's — you'll look for the best value and do your part to curb national health care spending.

WASHINGTON (AP) — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007.

PARIS (AP) — If Marine Le Pen has her way, the French will soon pay for their baguettes with francs, not euros. The presidential candidate from the anti-EU, anti-immigration National Front party is all about national sovereignty and independence.

NEW YORK (AP) — The flu season has slammed many small businesses, weakening already thin staffing levels and forcing some owners to scramble to cover shifts or get the work done.

CUPERTINO, Calif. (AP) — Apple has announced that its new headquarters will open for employees in the spring and will include a theater named for its late co-founder, Steve Jobs.

DETROIT (AP) — Technology glitches including Bluetooth phone pairing and misunderstood voice commands put a dent in car and truck reliability scores in a major survey of automobile owners.

SEOUL, South Korea (AP) — Global stocks were mostly higher in subdued trading Wednesday as investors awaited the publication of minutes from the Federal Reserve's latest meeting, hoping for clues to how quickly it might raise interest rates.

GENEVA (AP) — The first multilateral trade agreement reached under the World Trade Organization since it was created over a generation ago has taken force, aiming to streamline cross-border trade to the benefit of the developing world in particular.

LONDON (AP) — Lloyds Banking Group says its underlying profits rose slightly in the fourth quarter as it began to move beyond past scandals and a government rescue during the financial crisis.

GENEVA (AP) — Swiss engineering company ABB says that an executive at its South Korean unit is suspected of leading a "sophisticated criminal scheme" to steal millions of dollars from the company.

FRANKFURT, Germany (AP) — German business optimism rose unexpectedly in February as executives appeared to shrug off initial worries about U.S.

BAODING, China (AP) — Wei Jianjun is the chief matchmaker in China's love affair with the SUV. A decade ago, the chairman of Great Wall Motors Ltd.