Michael Jackson's Neverland Ranch may be on market soon

Word on the real estate street via the fine folk at Forbes is that "Neverland Ranch," the Los Olivos, CA, mega-estate where Michael Jackson lived in (in)famous, child-like splendor will soon be put on the market for an unrevealed price. The crazy talented...

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Concerts on Yahoo make best of industry struggles

LOS ANGELES — Sometimes the struggles of an industry can bring music to your ears. And your screens. Live Nation's partnership with Yahoo to stream one live concert every day is a rare win for music fans. The series, which began with the Dave Matthews...

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Car parts plant blast in China kills 65, hurts 100

BEIJING — At least 65 people were killed Saturday by an explosion at an eastern Chinese automotive parts factory that supplies General Motors, state media reported. The blast at the factory in the city of Kunshan in Jiangsu province also left more than...

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Obama: Congress left town with unfinished business

WASHINGTON — President Barack Obama says he's taking action on his own because Congress is doing so little for working families. In his weekly radio and Internet address, Obama says the economy is improving. He says decisions made now can ensure things...

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Dow has worst drop since February: What happened?

The Dow Jones industrial average plunged 317 points on Thursday, wiping out its gain for the year. It was the biggest drop since February and gave the index a loss for July after five straight months of gains. Here are some questions and answers about...

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GM boosted June sales with discounts to dealers

As General Motors prepares to report monthly sales results on Friday, a look its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls. The Detroit automaker has recalled nearly...

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Whole Foods lowers sales projections; shares slip

After a series of disappointing earnings reports, executives for Whole Foods Market hoped Wednesday's quarterly numbers would win back favor from investors. But while the Austin, Texas-based natural foods grocer did beat some Wall Street expectations...

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States remind Market Basket of workers' rights

BOSTON — Massachusetts and New Hampshire officials are telling the Market Basket supermarket chain they'll be looking out for the legal rights of any workers fired in a protest over the family-owned company's leadership. Attorneys General Martha Coakley...

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Non-compete reform left out of final bill

Discussions at BostonHerald.com are powered by Disqus, a commenting system that gives you the ability to voice your thoughts and share your opinions with other readers. You are required to provide at least an email address to comment on our site,...

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Sony lifts first quarter profits, but estimates $488 million loss for year

TOKYO -- Troubled electronics giant Sony has flummoxed nay-saying analysts with a rise in six-fold increase in net income in the three months to June of JPY26.8 billion ($261 million). For the April-June period total sales advanced by 6% to $17.9 billion...

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Chili Pepper Chad Smith picks up Venice pied-a-terre

BUYER: Chad Smith LOCATION: Venice, CA PRICE: $2,755,000 SIZE: 2,800 square feet, 3 bedrooms, 3.5 bathrooms YOUR MAMA'S NOTES: Several of the Red Hot Chili Peppers have been in the mood to change up their residential property portfolios lately. Last...

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As US economy accelerates, Fed remains cautious

WASHINGTON — After a grim start to 2014, the U.S. economy has rebounded with vigor and should show renewed strength into next year. That was the general view of analysts Wednesday after the government estimated that the economy grew at a fast 4 percent...

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Indian online retailer Flipkart raises $1 billion

MUMBAI, India — India's largest online e-commerce company, Flipkart, raised $1 billion in new capital this week as the company gears up for competition with Amazon's push into the Indian market. The company said the funds will be used to invest in expansion,...

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Stephen A. Smith suspension exposes ESPN's bigger problem

ESPN has a problem. It wants to be in the thick of things, to be part of every major debate pertaining to sports. But its commentators and analysts - rooted as they are in trade deadlines and X's and O's - can be loose cannons, occasionally getting in...

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Market Basket managers turn up heat on chain

BOSTON — Managers of Market Basket supermarkets are repeating their threat to quit if ousted CEO Arthur T. Demoulas is not reinstated. A petition signed by managers and assistant managers of 68 of the 71 New England stores warns that they will immediately...

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US economy likely showed big rebound last quarter

WASHINGTON — After a dismal start to the year reflecting a harsh winter, the U.S. economy showed signs of rebounding in the spring, with many forecasters expecting growth to be even stronger in the second half of the year. The government on Wednesday...

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Asia stocks rise modestly ahead of US, China data

SEOUL, South Korea — Asian stock markets posted modest gains Tuesday as investors treaded cautiously ahead of U.S. and Chinese economic reports later this week. KEEPING SCORE: Japan's Nikkei 225 added 0.5 percent to 15,604.80 and South Korea's Kospi...

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Honda's quarterly profit up on Asian sales growth

TOKYO — Honda's quarterly profit surged nearly 20 percent on demand for remodeled cars in Japan and elsewhere in Asia. The Japanese automaker also raised its full-year profit and sales forecasts. Honda Motor Co. reported a profit Tuesday of 146.5 billion...

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Swiss bank UBS settles German case as profits rise

GENEVA — Switzerland's biggest bank, UBS, reported Tuesday a 15 percent rise in second-quarter profit, driven by strong results from its core wealth management business and trimmed-down investment banking franchises despite a tough market environment....

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Study: 35 percent in US facing debt collectors

WASHINGTON — More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute. These consumers fall behind on credit cards or hospital bills. Their...

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New 'World News' anchor David Muir learned the ropes at WCVB-TV

David Muir brings solid credentials as a reporter to his new gig as anchor and managing editor of ABC News' "World News" flagship broadcast. He honed those skills during his 2000-03 stint as a reporter and anchor at one of the most respected TV stations...

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Virus drugmaker fights pediatricians' new advice

CHICAGO — A costly drug given mostly to premature babies is at the center of a clash between the manufacturer and the nation's leading pediatrician's group, which recommends scaling back use of the medicine. The dispute involves new guidelines from...

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US companies increasingly fish for growth overseas

SAN FRANCISCO — Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings...

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Sarah Palin launches online subscription channel

NEW YORK — Sarah Palin has started her own subscription-based online network. The Sarah Palin Channel, which went live on Sunday, bills itself as a "direct connection" between the former Alaska governor and GOP vice presidential candidate and her supporters,...

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