Business, Finance, & Investing

Exxon posts record $11.68 billion profit

Japanese Internet mogul found guilty in appeal

A Japanese appeals court upheld the conviction of flamboyant former Internet mogul Takafumi Horie on Friday in an ongoing case that has come to symbolize this nation's effort to deal with white collar crime at emerging dot-coms.

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Fed: Slower growth, rising prices slam economy

The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike.

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