Bill Gates repeats at top of Forbes' list of billionaires

NEW YORK — The world's richest person got even richer this year. And a basketball superstar-turned-owner made the list for the first time. Forbes said Monday that Bill Gates's net worth rose to $79.2 billion in 2015 from $76 billion last year. That...

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Supreme Court won't hear appeal in foam class action case

WASHINGTON — The Supreme Court won't hear an appeal from a group of flexible foam manufacturers challenging one of the largest class action lawsuits ever certified. The justices on Monday let stand a lower court ruling that allowed a lawsuit to go forward...

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Buffett declines to clarify plan to eventually replace him

OMAHA, Neb. — Billionaire Warren Buffett didn't end the speculation about his eventual successor, but he reiterated Monday that Berkshire Hathaway's board has a plan in place. Buffett addressed a variety of topics on CNBC after releasing his annual...

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US stocks head higher; Nasdaq touches 5,000 points

NEW YORK — The U.S. stock market headed higher on Monday as deals and economic news gave stocks a lift. The Nasdaq briefly touched 5,000, the first time the tech-heavy index has hit that mark in nearly 15 years. KEEPING SCORE: As of 11:28 a.m., the...

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Yahoo TV converts to Tumblr-based digital magazine format

Yahoo's TV news and reviews section has adopted the company's "digital magazine" format, a visually oriented design based on the Tumblr mico-blogging website. The new Yahoo TV digital magazine is the 11th title in the format to launch since January...

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EU nations get power to ban genetically-modified crops

BRUSSELS — The European Union is giving member states the power to ban the cultivation of genetically-modified crops even if they have been approved by the bloc's food safety authority. The 28 EU member states on Monday approved the rule that national...

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US manufacturing slows as output and hiring weaken

WASHINGTON — U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly. The Institute for Supply Management, a trade group of purchasing managers, said Monday that its manufacturing...

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Volkswagen Passat wins car of the year award

GENEVA — The large family car Volkswagen Passat has been voted car of the year by European automotive editors at the Geneva International Motor Show. German Volkswagen's four-door sedan beat six other finalists including Citroen's C4 Cactus, Renault's...

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Gas up 12 cents per gallon in Massachusetts

BOSTON — Massachusetts gas prices continue to skyrocket, with self-serve regular soaring 12 cents per gallon in the past week alone. AAA Northeast reports Monday that gas has now jumped 31 cents per gallon in the past month to an average of $2.37. ...

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HP's big deal: Tech giant buys Aruba Networks for $2.7B

SAN FRANCISCO — Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, in what amounts to HP's first major acquisition since its disastrous purchase of a British software company in 2011. HP said buying Aruba will...

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