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Apple loses its thrill, but applaud the new drill

Boring is a good look for Apple. The company that was once a seemingly impossible combination of rapid growth and eye-popping profits has settled into a new phase of life. It’s now clear that Apple Inc. won’t return to the iPhone-selling mania of a few years ago. Higher product prices and the regular introduction of new gadgets are patching over ...

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Jaguar Land Rover needs tow from China

For Jaguar Land Rover, the only way out of its deep pothole may be to get a tow from China. The luxury unit of Tata Motors Ltd posted dismal fiscal first-quarter results, recording an unexpected pretax loss of 264 million pounds ($346 million) after running into trouble in many of its main markets. JLR, usually the profit engine for Tata, ...

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Too many jobs feel meaningless because they are

As earnings season is upon us, it’s worth asking: Does business create value these days the way it once did? One sign it doesn’t is a significant decline in the formation rate of US firms over the past few decades. Economists Peter Orszag and Jason Furman have argued that investment and innovation have taken a back seat to profits derived ...

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