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The Undertakers Of The Retail Industry

When the internet kills a big box retailer, Gordon Brothers is the undertaker."They're stuck with selling the things that are inside the box," says bankruptcy lawyer Steve Jakubowski.Gordon Brothers...

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Sandy's Shadow, In Three Small Businesses

Retail sales fell in October, for the first time in several months. Analysts largely blamed the hurricane. If they're right, sales will bounce back this month and the economic recovery will continue...

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Sales Are Like Drugs. What Happens When A Store Wants Customers To Quit?

Last year, JC Penney saw what every big retailer had been seeing for years: the threat of Amazon and other new competitors rising to destroy their business.So JC Penney brought in a bold new CEO. Ron...

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Andrew Sullivan Is Doing Fine

Two months ago, the popular political blogger Andrew Sullivan left the comfortable world of big media and struck out on his own. His bold new plan: Ask readers to pay $19.99 a year or more to subscribe...

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Why Cyprus Matters

Banks on Cyprus remain closed today. The Cypriot Parliament has rejected the terms of a bailout from the European Union. The finance minister is in Moscow looking for financial help from the...

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H-1B Visa Applications As An Economic Indicator

The demand from American companies for high-skilled immigrants seems to be up this year. And that could mean something is about to change for the overall economy.There is a cap on the number of visas...

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What Saved Deno's Wonder Wheel Amusement Park?

Just a few days after Hurricane Sandy hit New York City last fall, I went out to Coney Island to see how Deno's Wonder Wheel Amusement Park had fared.The park flooded during the storm, and when I...

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The Lollipop War

I recently got a tour of the Spangler Candy Co., a family-owned firm in Bryan, Ohio. The company makes 10 million Dum Dums lollipops there every day, and it has a whole separate building where it...

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Maneuvering The System That Is The H-1B Visa Program

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Jumping Hurdles, Making The Grade For A Foreign Worker Visa

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A 'Poison Pill' In The Immigration Bill?

That big immigration bill working its way through the Senate would let in lots more highly skilled workers on temporary visas. But there's a catch.The bill says all employers who want to hire workers...

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Why Apple (And Lots Of Other Companies) Wound Up In Ireland

Apple was criticized in a Senate committee hearing Tuesday for using complex accounting to minimize the corporate taxes it pays. One key piece of the company's tax strategy: It funnels lots of its...

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How One Patent Could Take Down One Comedian

The comedian in question is Marc Maron. He does a popular podcast, called WTF, out of his garage in California. It's an interview show, with other comedians and artists. Maron recently found an...

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Why More People Are Renting Tires

"Oh, I checked every place in town, and they were outrageous," says Shannon Kelly. "It would be anywhere from $4[00] to $500, and I just don't have that right now."Kelly had just walked into Rent N...

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U.S. Punishes the Wrong Bangladeshi Export: Golf Clubs

The White House announced today that it was revoking special trade status for Bangladesh, a move apparently meant to send a message to the Bangladeshi government after April's horrific garment factory...

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How To Spend $442 On A 15-Minute Cab Ride

Say you're in Midtown Manhattan at rush hour. You need to go a mile uptown, and you can't find a cab. A pedicab, a taxi-bicycle hybrid (like the one in the picture) may not be a bad option.Riding...

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The 'Ask Your Uncle' Approach To Economics

The Beige Book is weird. It's an economic report released by the Federal Reserve every few months, but it doesn't have many numbers in it. Mostly, it's a bunch of stories gathered by talking to...

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Stamps, Jeans, Beer: What Americans Want From North Korea

U.S. sanctions mean that any citizen or business wanting to buy stuff from North Korea has to send a letter to the U.S. government asking for special permission. A few months back, we submitted a...

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The Raisin Outlaw Of Kerman, Calif.

Meet Marvin Horne, raisin farmer. Horne has been farming raisins on a vineyard in Kerman, Calif., for decades. But a couple of years ago, he did something that made a lot of the other raisin farmers...

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Heard It Through The Grapevine: Raisin Grower Goes Rogue

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