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Business News

Tornado loss estimate: $2 billion to $5 billion
The 79 tornadoes that hit over three days in 10 states caused billions in losses, with most of damage concentrated in Moore, Oklahoma.
Immigrant unemployment rate same as U.S.-born
The unemployment rate for immigrants may match that for native-born workers. But immigrants tend to make much less.
The 'chicken poop' credit and other bad tax breaks
The fuss over Apple's complex strategies to avoid taxes put the corporate tax code on display in all its convoluted glory this week.