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Here’s Why Wal-Mart Is Reeling in Sales Forecasts

After releasing a poorer-than-expected second-quarter earnings report Thursday, Wal-Mart (NYSE:WMT) is now explaining why its sales forecasts have conspicuously again dropped from previous estimates....

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Here Is How Obama Plans to Drum Up Foreign Investment

The White House Office of the Press Secretary announced Thursday that President Obama has plans to make the “first-ever coordinated effort to actively recruit businesses to bring investment and jobs...

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Businesses Say Corporate Tax Proposals Raise “Red Flags”

“We certainly are not happy.” That was the response by Dorothy Coleman, chief tax lobbyist for the National Association of Manufacturers, after the Senate’s chief tax writer unveiled a series of...

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Emerging Markets: Better Bets Than Big Investment Banks Say?

Goldman Sachs Group Inc. (NYSE:GS) told investors that they should be careful about investing in developing countries, and advised investors to cut their allocations by a third earlier this week. On...

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