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iRobot, the U.S. firm that had robots vacuuming homes, will be taken over by its China-based supplier. It's assuring owners that devices will keep working as usual.
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Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn't expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process.
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Signs of possible trouble are cropping up again in a crucial corner of the financial market despite the Federal Reserve's best efforts to calm things down — raising questions about whether the central bank might need to do more.
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