Dollar General still wants to buy Family Dollar

Dollar General reported earnings today and reaffirmed its interest in buying rival budget-retailer Family Dollar. NEW YORK (CNNMoney) While announcing second-quarter earnings Wednesday, Dollar General's (DG) CEO reiterated his intentions. ...

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Spider webs cause car recall again

The Suzuki Kizashi is the latest car to be recalled due to problems caused by spiders. NEW YORK (CNNMoney) Suzuki became the fourth Japanese automaker forced to recall cars because of problems caused by spiders spinning webs inside of the cars....

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Malaysia Air posts $97 million loss

HONG KONG (CNNMoney) The carrier lost $97.4 million in the three months ended in June, as it reeled from its second aircraft disaster of 2014 -- the shooting down of a flight over Ukraine. The report is likely to be the airline's last as a public...

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Abercrombie struggling to bring sexy back

NEW YORK (CNNMoney) The teen apparel maker known for its racy ads continues to bleed sales, especially at its struggling Hollister brand. While Abercrombie (ANF) did turn a profit in the second quarter, that was fueled largely by the fact it's shutting...

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Stocks: 4 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) U.S. stock futures were lower and European markets were soft, indicating investors may want to take a breather after the latest rally. Here are the four things you need to know before...

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Why I left a job in finance to play video games

NEW YORK (CNNMoney) He found the work fast paced and it paid well, but something was missing. He asked for some time off in 2012. He quit a week later to become a full-time video game player. What seemed like a crazy move at the time has turned...

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New England's epic supermarket feud ends

NEW YORK (CNNMoney) Arthur T. Demoulas, the ousted president of Market Basket, reached an agreement late Wednesday to buy out the stake in the 71-store chain controlled by his cousin. The deal ends a 10-week standoff that included employee protests...

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Fantasy football's chic alternative

(Left to right) Stephanie Lozito, Andrew Nyman, Greg Johnson and Katey Johnson NEW YORK (CNNMoney) A new startup offers the competition of fantasy football -- brackets, voting, prizes -- for those whose sport of choice is, well, shopping. ...

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Steve McQueen name triples classic Ferrari's value to $10.2 million

NEW YORK (CNNMoney) McQueen is among very few celebrities whose ownership can multiply the value of a collectible car. Possibly the only one to come close is Elvis Presley. Cadillacs and Rolls-Royces owned by Presley have sold for multiples of their...

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EA stock scores touchdown with Madden

NEW YORK (CNNMoney) The company makes a lot of video games. But Electronic Arts' (EA, Tech30) Madden football franchise is literally the gift that keeps on giving. It's like an annuity. There is reliably a new game every year. And it's been that way...

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Traffic lights are dangerously easy to hack

Traffic lights are easy to hack, and they're unlikely to be fixed, according to computer researchers. NEW YORK (CNNMoney) Anyone with a radio hooked up to a laptop can wreck havoc by remotely changing lights at will -- or by shutting them all...

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Investors cheer: S&P 500 hits all-time high

NEW YORK (CNNMoney) The start of August was rough for stocks as the Russia-Ukraine standoff, the Israel-Gaza conflict and terrorist group activity in Iraq all flared again. While serious problems remain in each of these regions, their impact on the...

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10 areas with the highest private school enrollment

NEW YORK (CNNMoney) This is according to a new study conducted by real estate site Trulia, which came up with a list of the top 10 metro areas with the highest private school enrollment. Out of the 100 largest metro areas, New Orleans, Honolulu,...

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I created 7 jobs and the U.S. tried to deport me

NEW YORK (CNNMoney) The Canadian techie, who agreed to speak on the condition of anonymity, was in the U.S. on an H-1B visa, the most common type of visa for immigrant workers. But H-1B petitions must be sponsored by an employer, which makes...

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Mortgage rates hit 2014 low

NEW YORK (CNNMoney) The average rate for a 30-year loan now stands at 4.1%, according to Freddie Mac. That matched its lowest level since June 2013, when it stood at 3.93%. The average 15-year fixed was 3.23%. Related: Best housing markets for...

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LiveLeak bans future ISIS beheading videos

NEW YORK (CNNMoney) There was so much interest in the Foley video Wednesday that LiveLeak warned visitors about possible slowdowns due to "an abnormally high volume of traffic." But Thursday, the site's operators announced an out-of-character...

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Family Dollar rejects bid from Dollar General

Family Dollar rejected a $10 billion bid from Dollar General and is sticking with its plans to merge with Dollar Tree. NEW YORK (CNNMoney) Family Dollar (FDO) said in a statement that its board rejected the Dollar General bid "on the basis of...

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Why Facebook is stockpiling Blu-ray discs

Facebook director of hardware design Gio Coglitore shows off Blu-ray discs used in the prototype. NEW YORK (CNNMoney) Given Facebook's immense data needs, the company has a big incentive to find ways of handling storage more efficiently. Facebook...

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Honda changes Fit bumpers to earn 'Acceptable' rating

Honda is offering to change the front bumper structure on 12,000 new Honda Fits in order to improve the front bumper structure. NEW YORK (CNNMoney) The newly redesigned Honda Fit had been put through the Insurance Institute's "small overlap"...

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Bank of America to pay $16.65 billion over mortgages

NEW YORK (CNNMoney) On Thursday, the bank reached a $16.65 billion agreement to pay the biggest settlement in history, adding to what was already a hefty bill for the bank. The latest agreement settles probes by the Justice Department and six states...

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Mexico puts out the welcome mat for Big Oil

MEXICO CITY (CNNMoney) On Monday, President Enrique Pena Nieto signed into law a framework for private investment, ending a 76-year state monopoly. Days later, and earlier than expected, his government made a key announcement about what areas of Mexico's...

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Burger King ditches lower-calorie fries

Burger King is scaling back on its experimental low-calorie fries, known as Satisfries, after selling 100 million of them. NEW YORK (CNNMoney) The fast-food chain said that 100 million customers have munched on Satisfries. But that wasn't enough...

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Apple bans chemical that causes nerve damage

Apple has banned two toxic chemicals - benzene and n-hexane - from the manufacturing process of its computers and other products. NEW YORK (CNNMoney) Lisa Jackson, vice president of environmental initiatives at Apple (AAPL, Tech30), says the...

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Western firms accuse China of intimidation

Shoppers visit an Audi showroom in China. The company has been caught in an anti-monopoly investigation. HONG KONG (CNNMoney) The rare public rebuke comes after foreign automakers including Mercedes Benz, Audi and Chrysler said they were being...

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7 things you absolutely must know about corporate taxes

Want to sound smart at your next Washington cocktail party when everyone is talking about "inversions?" Read on ... NEW YORK (CNNMoney) But the real problem, most agree, is the corporate tax code, which hasn't kept pace with the transformation...

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K-Cup coffee prices rising 9%

Keurig Green Mountain will hike prices by 9% for the K-Cup packets, as well as bulk coffee and other products in November. NEW YORK (CNNMoney) Keurig Green Mountain (GMCR) said Thursday it plans to hike prices by 9% for the K-Cup packets used...

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Butterfly farm is a surprising job creator

Raising butterflies and selling them to zoos and museums, or to release at weddings and funerals, is a real business -- with growing demand. NEW YORK (CNNMoney) Yup, raising butterflies and selling them to zoos and museums, or to release at weddings...

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Google snoops on Gmail to catch pedophiles

Gmail boasts over 500 million users globally. NEW YORK (CNNMoney) The search giant alerted local law enforcement after detecting the allegedly illicit images in Skillern's Gmail account, part of the company's ongoing effort to root out child...

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Health care costs hit Wal-Mart profit

The cost of health care coverage for workers led Wal-Mart to warn on earnings. NEW YORK (CNNMoney) Because of that, the world's largest retailer will earn less in the current fiscal year than it had previously promised investors. While the...

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Ferguson police deny Anonymous' ID of alleged shooter

NEW YORK (CNNMoney) Thursday morning, Anonymous released the name of the man it believes to be the police officer who shot and killed Brown over the weekend. A tit-for-tat is now underway, with hackers on one side and police on the other. Brown's...

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Stocks: 6 things to know before the open

Click on chart to track premarkets LONDON (CNNMoney) Here are six things you need to know before the opening bell rings in New York: 1. Mega bank settlement: Keep your eye on Bank of America (BAC) stock when trading begins. The bank has tentatively...

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Russia bans U.S. chicken

NEW YORK (CNNMoney) Russia plans to restrict imports of U.S. poultry, according to the National Chicken Council. The move is retaliation for sanctions that American and Europe have imposed on Russia over its actions in Ukraine. President Vladimir...

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The price of Russia's food import ban

Cheese, fruit and pig meat are Europe's biggest food exports to Russia. LONDON (CNNMoney) Moscow retaliated against Western sanctions by banning imports of fruit, vegetables, meat, fish, milk and dairy products from the U.S., Europe, Australia,...

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Shoppers beware: Retail credit card APRs average 23%

NEW YORK (CNNMoney) These retail credit cards boast average annual percentage rates of 23.23%, according to a CreditCards.com analysis of cards from the 36 of the nation's biggest retailers. That's more than eight percentage points higher than...

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Don't bet on the death of taxis just yet

NEW YORK (CNNMoney) Shares in Medallion Financial, which trades under the ticker TAXI (TAXI), are down 20% for the year. The company lends money to taxi drivers and fleet owners trying to buy expensive taxi licenses known as medallions. Medallion...

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Under Obamacare, some workers to be auto-enrolled in health plans

NEW YORK (CNNMoney) But this controversial health law provision, which could take effect as early as next year, is raising questions: Does automatic enrollment help employees help themselves, or does it force them into coverage they don't want and...

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