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Business/Finance

Producer Roger Corman

YouTube’s New Pay Channels Go From Campy to Kids

CORPORATE | By Ryan Nakashima | Friday May 10, 2013
It’s the first time YouTube is introducing all-you-can-watch channels that require a monthly fee. The least expensive of the channels will cost 99 cents a month but the average price is around $2.99.

AOL Shares Tumble on Weak 1Q Results

CORPORATE | Thursday May 9, 2013
AOL Inc. said Wednesday that its first-quarter net income jumped 23 percent, helped by an increase in global advertising revenue.

IMS: US Medicine Spending Shows Rare Dip in 2012

FINANCE | By Linda A. Johnson | Thursday May 9, 2013
Spending on prescription medicines in the U.S. fell for the first time in decades last year, slipping as cash-strapped consumers continued to cut back on use of health care services.
Shoppers look at an electronics store in Tokyo.

Sony Back in Black on Cheap Yen, Healthier Sales

CORPORATE | By Yuri Kageyama | Thursday May 9, 2013
Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen that boosts overseas earnings.
Sen. Marco Rubio, R-Fla., center, and others Senators, participate in a news conference on immigration on Capitol Hill.

Immigration Bill Confronts Hundreds of Amendments

By Erica Werner | Wednesday May 8, 2013
A landmark immigration bill in the Senate is facing a critical trial - whether it can survive hundreds of amendments from the left and right and still emerge relatively intact.
Traders John Yaccarine, left, and James Dresch wortk on the floor of the New York Stock Exchange.

Stocks Ease as Earnings Fall, Day After Dow Record

FINANCE | Wednesday May 8, 2013
Stocks are edging lower on Wall Street in early trading, a day after the Dow Jones industrial average closed above 15,000 for the first time.
People enter an unemployment registry office in Madrid

UN: Global Youth Unemployment Rate is Rising

FINANCE | Wednesday May 8, 2013
Youth unemployment is likely to rise globally to 12.8 percent by 2018, wiping out gains made in the recent economic recovery, the U.N.’s labor office said Wednesday.

US Job Postings Fell in March; Hiring Slowed

FINANCE | By Christopher S. Rugaber | Tuesday May 7, 2013
U.S. employers posted fewer job openings in March compared with February and slowed overall hiring, underscoring a weak month of job growth.
Trader Christopher Morie works on his handheld device on the floor of the New York Stock Exchange.

Stocks Rise in Early Trading, Boosted By Earnings

FINANCE | By Steve Rothwell | Tuesday May 7, 2013
Stocks edged higher in early trading on Wall Street Tuesday, putting the Dow Jones industrial average back above 15,000.

Survey: US Home Prices Up 10.5 pct. in Past Year

FINANCE | By Christopher S. Rugaber | Tuesday May 7, 2013
A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006.