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New York Times ad outlook dim, shares fall

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The New York Times Co warned on Wednesday that print newspaper advertising will continue to decline, sending shares down nearly 9 percent, even as the company slashed costs to reach a higher-than-expected fourth-quarter profit.
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Amazon reshelves Macmillan titles but not e-books

Online retailer Amazon.com Inc resumed selling hardcover and paperback books from Macmillan Publishers late on Friday in a sign the two companies are getting closer to resolving a pricing dispute over Macmillan's electronic books, which remain unavailable on Amazon.
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Amazon loss on e-book pricing could fuel trend

A pricing battle lost by Amazon.com Inc to a top publisher may herald pressure from other publishers, compromising low e-book prices which could potentially hit sales volume growth for its Kindle e-reader.
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Stocks falter as fiscal worry offsets data

Stocks retreated to near breakeven in choppy trade on Friday, paring earlier strong gains as worries about fiscal troubles buffeting Europe offset reassuring reports on the economy.
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Wall St falters as fiscal worry offset data

Stocks retreated to near breakeven in choppy trade on Friday, paring earlier strong gains as worries about fiscal troubles buffeting Europe offset reassuring reports on the economy.
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AT&T profit rises 26 percent, plans more spending

U.S. consumers' obsession with using smartphones to find restaurants, surf the web and navigate city streets helped propel a 26 percent rise in AT&T's quarterly profit -- but at a cost for the operator.
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AT&T announces network improvements

AT&T's chief executive said during an investors conference call that the company was gearing up for the introduction of new smartphones and the iPad on its network.
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Apple pitches $499 iPad, takes on Amazon

Apple Inc CEO Steve Jobs took the wraps off a sleek tablet that it called the iPad, pitching the new gadget at a surprisingly low price to bridge the gap between smartphones and laptops.
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Fall in new home sales fans fears on recovery

Sales of newly built single-family homes fell unexpectedly in December as the bounce from an initial tax credit fizzled, the latest sign that the government-led housing recovery might be losing some steam.
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Apple's iPad no Kindle-killer, yet

The buzz in the gadget world has shifted from Amazon.com to Apple Inc with the launch of its long-awaited iPad tablet, but analysts say the world's largest retailer's Kindle device is safe in its smaller market -- for now.
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Fed, techs lift Wall St; futures cheer Obama

Stocks rose on Wednesday after the U.S. Federal Reserve pledged to keep interest rates near zero and stock futures signaled more gains ahead after President Barack Obama struck a conciliatory tone on banks in his State of the Union speech.

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