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Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue.
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Zynga founder Pincus leaving operations role

The Associated Press  |  posted 8 minutes ago
Online game maker Zynga's founder Mark Pincus is stepping down as chief product officer, less than a year after he was replaced as the company's CEO, as the company's sales slide.
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AP News in Brief at 5:58 p.m. EDT

The Associated Press  |  posted 17 minutes ago
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Apple increases stock buyback, will split stock

The Associated Press  |  posted 17 minutes ago
Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent and split its stock for the first time in nine years.
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Canada to end tankers linked to Quebec explosion

Rob Gillies, Associated Press  |  posted 27 minutes ago
Canada said Wednesday it was phasing out the type of rail tankers involved in last summer's massive explosion of a runaway oil train that incinerated much of a town in Quebec, killing 47 people and prompting intense public pressure to make oil trains safer.
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Gold prices edge up for the first time in a week

The Associated Press  |  posted 36 minutes ago
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Nasdaq SUMMARY

The Associated Press  |  posted 37 minutes ago
Most active Nasdaq issues.
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US Treasury bond market at a glance

The Associated Press  |  posted 37 minutes ago
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Closing stocks.

The Associated Press  |  posted 37 minutes ago
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AP-BROADCAST-MEDIA STOCKS

The Associated Press  |  posted 37 minutes ago
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US investigates immigrant teacher hiring in Texas

Jamie Stengle, Associated Press  |  posted 38 minutes ago
A North Texas school district that discovered problems in its program to hire international teachers faces a federal investigation and a payout of more than $500,000 to those whose recruitment didn't follow regulations.
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New Zealand raises key interest rate to 3 percent

Nick Perry, Associated Press  |  posted 38 minutes ago
With its economy continuing to improve, New Zealand on Thursday raised its benchmark interest rate for the second time in six weeks, to 3 percent.
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NTSB head: Action needed now on oil train safety

Joan Lowy, Associated Press  |  posted 38 minutes ago
The head of the National Transportation Safety Board says the Obama administration needs to take steps immediately to protect the public from potentially catastrophic oil train accidents even if it means using emergency authority.
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Buffett disapproves of Coca-Cola's pay plan

Candice Choi, Josh Funk, Associated Press  |  posted 38 minutes ago
Warren Buffett says he disapproves of Coca-Cola's highly contested pay plan for its executives.
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High court nixes $3.4M award to child porn victim

Mark Sherman, Associated Press  |  posted 38 minutes ago
The Supreme Court on Wednesday rejected a plea to make it easier for victims of child pornography to collect money from people who view their images online, throwing out a nearly $3.4 million judgment in favor of a woman whose childhood rape has been widely seen on the Internet. Two dissenting justices said Congress should change the law to benefit victims.
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