Ford Motor Co., the more than century-old company that was first to make cars for the masses, is calling off its pursuit of everyman sedan buyers. The company responsible for putting the world on wheels with Henry Ford's then-innovative assembly line will pivot away from being a full-line automaker,
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Jim O'Neill says he doesn't see why Bitcoin's any more special than PayPal. Bitcoin's recent wobbles have given fresh urgency to a question that's gripped market observers for much of the past year: Will the cryptocurrency go down as one of history's most infamous bubbles, alongside tulipmania and
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GOP leaders in the House are testing whether rank-and-file Republicans will support a stopgap funding measure to keep the government open that also would delay some Obamacare taxes and provide money for a children's health insurance program, lawmakers said. The plan indicates that House
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But the most immediate effect of the new law could be a one-time accounting headache. Hours after the bill signing, announcements started to roll in from some of the world's biggest companies – with some spectacular numbers. While the bill benefits most companies through a lower rate, it also requires
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Any company that does so, or that is unable even to come up with an estimate, must finalize its accounting as soon as possible and include significant disclosures to investors in its SEC filings about its estimates and any work that remains undone, the SEC said. In any event, the commission said,
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