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Top 1%: What they made, what they paid

What does it take to make it into the top 1%?

In 2012, it took at least $435,000 in adjusted gross income to be considered one of the fabled top 1% households, according to the latest data from the IRS.

That's a healthy jump from the $389,000 it took t...

Avon

Avon fined for bribing Chinese officials

Beauty goods company Avon has been fined $135 million by the SEC for bribing Chinese officials with luxury goods -- everything from Gucci bags to Tiffany pens.

The SEC alleged that Avon's subsidiary in China doled out $8 million in bribes -- cash, gif...

Uber generic

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Uber to temporarily suspend service in Portland

Uber is standing down for the next three months in Portland, just one of the cities where it has run into trouble.

The company said it would stop picking up customers there for three months after the city sued, asking a judge to order Uber to stop op...

Mirai Toyota

The Asahi Shimbun via Getty Images

Toyota's futuristic, freaky fuel-cell car

Toyota's new Mirai hydrogen fuel cell vehicle is worth a good, serious look. It won't be easy, though. While hydrogen fuel cell cars are mired in controversy, there's one thing everyone seems to agree on about this one.

It is kind of ugly.

Toyota's des...

Pregnant mother

YouTube CEO: Paid maternity leave is good for business

Paid maternity leave is good for moms, it's good for families, and it's good for business.

That's according to YouTube CEO Susan Wojcicki, who advocated for all American women to get the benefit in an oped she penned for the Wall Street Journal this ...

Citibank ATMs

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Warren allies march outside Citi: 'Break big banks'

A group of protesters gathered outside Citi's headquarters in New York chanting "break big banks."

Made up largely of Senator Elizabeth Warren's supporters, the protesters on Thursday specifically targeted Citigroup because of the bank's role in water...

Washington Post

Andrew Harrer/Bloomberg via Getty Images

Washington Post looks beyond DC with Texas Tribune

In another signal of its national ambitions, the Washington Post announced Thursday that it will partner with The Texas Tribune, a nonprofit news organization based in Austin.

The announcement is notable given that the New York Times just severed its ...

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Google

What's wrong with Google?

Google may be a great place to work for, but it hasn't been a great place for investors to put their money lately.

Shares of Google are down nearly 10% in 2014 and are near their 52-week low.

CEO Larry Page can't be "super excited" (one of his favorit...

Payday lenders

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Payday lenders spend millions in Washington

Payday lenders are spending millions of dollars in Washington in an attempt to stop the government from cracking down on the industry.

And it appears to be working.

Since the beginning of 2013, high-cost loan providers and those with ties to the indus...

Ikea

Ruble woes means Ikea bolts Russia

Ikea furniture has suddenly became a scarce good in Russia. The Swedish furniture maker has followed Apple and suspended sales after a dramatic fall in the ruble.

Ikea halted sales of kitchen furniture and appliances due to the large number of orders ...

Stocks Wall Street

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Dow jumps 421 points, best day since 2011

The Dow shot up 421 points Thursday for its best day in more than three years. The S&P 500 experienced its biggest gains since January 2013.

Bollman Hat Company donates hats to people in need

Bollman Hat Company donates hats to people in need

A local hat company is helping the less fortunate in Reading stay warm this winter.

Pakistani boy with toy gun

Abid Katib/Getty Images

Toy guns look too real, NY AG says

The difference between a toy gun and a real one is very blurry sometimes and that has led to unintended deaths.

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