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Coach income jumps on sales gains

NEW YORK CITY — Coach Inc. said Tuesday strong demand for its luxury handbags both in North America and overseas helped first-quarter net income rise 34 percent. The increases topped expectations ...

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Analysis faults outside pension fund managers

ALBANY — The Republican running for New York comptroller said his analysis shows that outside investment managers who are paid millions of dollars by the state’s public pension fund lost money at a faster pace than passive index funds in the stock market downturn.

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Dollar sees big gains

NEW YORK CITY — The dollar turned higher Tuesday as investors pondered how big an expected program from the Federal Reserve will be. The dollar has declined sharply over the past two months because investors expect ...

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Tribes return to court over cigarette tax

BUFFALO — The legal battle against New York's plans to tax most reservation cigarette sales continues in Buffalo. Lawyers for the St. Regis Mohawk tribe of northern New York and the Unkechauges of Long Island are scheduled ...

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Berkshire defends accounting

OMAHA, Neb. — Warren Buffett’s company is defending its decision not to write down the value of its investments in Kraft Foods, US Bancorp and other stocks even though they were worth nearly $1.9 billion less at the end of 2009 ...

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NY Fed prez heads to Rochester

William C. Dudley, president of the Federal Reserve Bank of New York, starting Monday will visit four cities Upstate, including Rochester, Syracuse and Buffalo.

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