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Business

Does Stockton Deserve Bankruptcy Protection?

Stockton, Calif., became the largest U.S. city to file for the protection after suffering one of the nation's biggest hits when the mortgage bubble burst five years ago.

Facebook IPO Missteps Costly for Nasdaq

Nasdaq is paying up to settle last year's botched Facebook IPO.

SEC Brings Fraud Charges in John Thomas Capital Case

The Securities and Exchange Commission announced charges against a Houston-based hedge fund manager and his firm accused of defrauding investors in two hedge funds and steering bloated fees to a brokerage firm CEO who also is charged in the SEC's case.

Dollar General Posts Record Sales, Profit, Income

Dollar General Corp. today reported record sales, operating profit and net income for its fiscal 2012 fourth quarter and full year ended Feb. 1.

Cyprus President Blocks Sale of Bank of Cyprus in Greece

Cypriot President Nicos Anastasiades blocked the sale of the Greek branches of Cypriot lenders on Sunday, after negotiations between the country's creditors reached a deadlock.

Starbucks Seeks Loyalty at Grocery Store, Too

Starbucks has concocted a new way to coax you to buy Starbucks products even when you're not in a Starbucks store: free stuff.

Bausch & Lomb Files IPO Registration Statement

Bausch + Lomb today announced it has filed a Form S-1 with the SEC through its holding company WP Prism, relating to the proposed initial public offering of its common stock.

IPO Market Surges as Confidence Returns: E&Y

The U.S. IPO market continues to dominate the globe, driving the most deal activity, according to Ernst & Young's Global IPO update.

Genachowski to Step Down From Chair of FCC

Julius Genachowski, head of the federal agency that approved Comcast Corp.'s purchase of NBCUniversal, said Friday that he is stepping down from a "revitalized" Federal Communications Commission over the next several weeks.

Tenn. Attack on Affordable Health Care Might Stick BlueCross BlueShield

A Republican lawmaker claims he's found the "Achilles' heel of Obamacare," but insurers like Chattanooga-based BlueCross BlueShield worry the spear he's throwing will wound them.

Cyprus Mulls Deposit Tax to Dodge Meltdown

The finance minister of Cyprus said Friday the cash-strapped country was again considering an unpopular levy on bank deposits to avert financial meltdown.

Edison Wants to Fire up San Onofre Nuke Plant

Southern California Edison is considering whether to submit a license amendment request to the Nuclear Regulatory Commission to support the restart of Unit 2 of the San Onofre Nuclear Generating Station.

Tiffany Reports Sales, Earnings Up

Tiffany & Co. today reported its financial results for the fourth quarter and fiscal year ended Jan. 31, with net sales up 4 percent and net earnings up 1 percent.

Equality in the Workplace: How Some Major Corporations Fared

From inclusive health-care benefits to anti-discrimination policies, the Human Rights Campaign 2013 Corporate Equality Index surveys and ranks some of the nation's largest companies and their policies and practices pertaining to lesbian, gay, bisexual and transgender employees.

Jacksonville-Onslow Chamber Business Expo Offers a Little of Everything

Attendees were covered from birth to end of life at Thursday's 2013 Jacksonville-Onslow Chamber of Commerce Business Expo.