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Toshiba shares extend losses on accounting woes

TOKYO Shares in Japan's Toshiba Corp extended losses on Friday, weighed down by concern over a potentially bigger-than-expected $6 billion writedown triggered by cost overruns at its U.S. nuclear business.

Mexico telecom ruling struck down in blow to Televisa -sources

MEXICO CITY A Mexican tribunal struck down a ruling on Thursday that said broadcaster Grupo Televisa did not have market power in pay television, two people with knowledge of the matter said, opening the door to tougher rules against the company.

IBM revenue fall dims upbeat profit forecast

International Business Machines Corp reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics.

Uber to pay $20 million to settle U.S. claims it misled drivers

WASHINGTON Ride-hailing company Uber Technologies Inc has agreed to pay $20 million to settle claims by the U.S. government that it exaggerated prospective earnings in seeking to recruit drivers and downplayed the costs of buying or leasing a car, documents filed with a federal court on Thursday showed.

Telecommunications company Avaya files for bankruptcy

WILMINGTON, Del Telecommunications company Avaya Inc filed for Chapter 11 bankruptcy on Thursday to reduce its debt load of about $6.3 billion but said it would not sell its call center business, which it had tried to do last year.

Czech inventor gives snow chains a modern makeover

VRBNO POD PRADEDEM, Czech Republic After struggling one night to get chains on his tyres on a snowy mountain, Czech businessman Petr Gross decided he needed to come up with something that did the job better.

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Washington braces for anti-Trump protests, New Yorkers march

WASHINGTON/NEW YORK Washington turned into a virtual fortress on Thursday ahead of Donald Trump's presidential inauguration, while thousands of people took to the streets of New York to express their displeasure with his coming administration.