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Google on Thursday reported that its profit jumped in the recently ended quarter, but the leap fell short of market expectations. The Internet colossus reported net profit up 41 percent year-over-year at $4.76 billion in the final three months of 2014. Revenues were up 15 percent in the quarter to $18.1 billion, also slower that anticipated as Google saw slowdowns in some of its online advertising metrics such as costs per click. Google shares fell immediately following the results in after-hours trade, but later recouped the losses and traded up 0.3 percent.
WASHINGTON (AP) — The Republican-controlled Senate on Thursday approved a bipartisan bill to construct the Keystone XL oil pipeline, defying a presidential veto threat and setting up the first of many battles with the White House over energy and the environment.