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Business

Should we let wunderkinds drop out of high school?

Yahoo CEO Marissa Mayer, and Tumblr Chief Executive David Karp speak during a news conference Monday, May 20, 2013, in New York. Yahoo edged up 31 cents, or 1.2 percent, to $26.83 after the Internet company said it was buying online blogging forum Tumblr for $1.1 billion.

It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college.

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Archive by category ''Business

BUSINESS

Japan's trade deficit hits $8.6B due to weaker yen

Japan's trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs.

43 minutes ago
TECHNOLOGY

Senate panel approves immigration bill

Far-reaching legislation to grant a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters somberly sidestepped a controversy over the rights of gay spouses.

28 minutes ago
TECHNOLOGY

The new consoles from Microsoft, Nintendo and Sony

Microsoft is the last of the three big video game console makers to unveil its latest gaming system. The unveiling comes nearly eight years after the Xbox 360 went on sale. It follows last fall's debut of Nintendo's Wii U and a preview in February of the upcoming PlayStation 4 from Sony.
TECHNOLOGY

Microsoft touts Xbox One as all-in-1 entertainment

Microsoft thinks it has the one.
BUSINESS

JPMorgan's Dimon survives shareholder referendum

Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank...
BUSINESS

Best Buy reports 1Q loss on restructuring costs

Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
BUSINESS

Stocks gain on reassurance from a top Fed official

Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday.
BUSINESS

Volkswagen to put special fuel caps on diesels

Volkswagen is replacing the fuel tank covers on more than 200,000 of its diesel vehicles sold in the U.S. and Canada to remind owners to fill their tanks with diesel - not gasoline.

3 hours ago
BUSINESS

Housing recovery boosts Home Depot 1Q results

Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring.
TECHNOLOGY

Poll: Teens migrating to Twitter

Twitter is booming as a social media destination for teenagers who complain about too many adults and too much drama on Facebook, according to a new study published Tuesday about online behavior. It said teens are sharing more personal information about themselves even as they try to protect their...