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What’s News —

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U.S. Retail Sales Fell in July
Retail sales unexpectedly fell 0.1% in July despite the debut of the government's "cash for clunkers" program. Separately, weekly jobless claims rose a bit.
- Economists React: 'Back to the Drawing Board'
- Econ: Jobless Rate Over 6% for Decade?
- Discuss: Will 'clunkers' provide lasting sales?
- Video: Tough Times for Retailers
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Wal-Mart Ekes Out Flat Profit
Wal-Mart offset sliding sales with a tight squeeze on costs, enabling the discounter to keep quarterly profit essentially flat.
- Video: Comparison Shopping in Retail Sector
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Chief Says UBS Aims at New Areas
Switzerland banks are facing the challenge of rebuilding a business that can no longer promise ironclad protection from the tax man. UBS's chief says the answer is in emerging markets.
Ford Boosts Production Plans
Ford boosted its vehicle production plans again for the rest of the year as the "cash for clunkers" program continued to draw buyers.
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Working to Please the Pay Czar
Citigroup is in talks with energy trader Andrew Hall to modify his contract to avert a potential confrontation with Washington's pay czar but likely cut his pay next year.
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Blackstone Sells Maiden Bond Deal
Blackstone Group is selling $600 million 10-year senior bonds, in a deal that is the first for the company and rare for private equity firms.
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Turbulence for Southwest's Frontier Bid
Southwest Airlines' bid to acquire smaller rival Frontier has hit turbulence after pilots from the two carriers failed to quickly clinch a deal over seniority rights.
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Warner to Stop Distributing DVDs to Kiosks
In an effort to shore up struggling DVD sales, Warner Bros. studio announced plans to prevent its newest movies from immediately going into rental kiosks.
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BofA Drops Arbitration Rule
Bank of America said it is dropping a rule that forces customers into arbitration if they have a dispute about their credit-card or certain other consumer-related accounts.
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Blockbuster Revenue Down 22%
Blockbuster Inc. posted a narrower second-quarter loss but revenue was off by 22%. Results fell shy of Wall Street expectations.
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Food Firms Warn of Sugar Shortage
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Hollywood Upstages Beijing
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Felix Agrees to Yanzhou Offer
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Head of Siemens's U.S. Unit to Retire
Microsoft Sets Zune HD Pricing
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FDA Closes Mylan Plant Inquiry
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Heineken U.S. Chief Steps Down
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Cost-Cutting Helps Boost AB Inbev
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Magna, Sberbank Revise Opel Bid
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UBS Tax Settlement Completed
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Delta, US Airways to Swap Slots
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Escada Files for Bankruptcy

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Tiny Loans Spur Credit Bubble in a Slum
A bubble is brewing in "microfinance," the business of making the world's tiniest loans.
- Video: Microfinance Credit Crisis Brews
- Discuss: Microfinance Loans
Food Firms Fret Over Climate Bill
The food industry is gearing up to release a flurry of studies that could support their position that climate-change legislation without proper incentives could lead to higher food prices.
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Redbox Sues Studio Over Film Access
Redbox sued Twentieth Century Fox as part of a battle with major Hollywood studios over its pricing strategies.
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Web Sites Debate Best Values for Ad Dollars
As online ad spending ebbs, Web publishers are fighting with portals such as AOL and MSN over whose sites give advertisers the most bang for their buck.
- Digits: Microsoft Ad Exec Takes Venture-Capital Job
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Infosys Prevails as Storm Brews
Despite being in the throes of a storm gripping the wider Indian tech sector, Infosys's professionalism placed it at the top of the overall most-admired companies in India in the Asia 200 survey.
- Video: The Week Ahead in Asia

Asia

Taiwan Seeks Foreign Aid in Rescue
Typhoon Disrupts Internet Traffic
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Judge Rules in Pang Girlfriend Fight

Europe

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Germany, France Post GDP Growth
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Prudential's First-Half Loss Doubles
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Premiere's Net Loss Widens

Earnings

Sara Lee Cuts Loss to $14 Million
Sara Lee narrowed its loss as a drop in write-downs offset lower sales. The packaged-foods maker's forecast fell shy of analysts' expectations.
Catalog, Internet Sales Bolster Urban Outfitters
Toll Says Home Buyers Tiptoe Back

Economy

Geithner Says Financial Revamp on Track
In an interview, the Treasury secretary said he isn't concerned that Wall Street is returning to its old habits and said the administration's overhaul of financial regulation is "doing fine."
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Fed Set to Trim Major Lifeline
U.S. Employers Grow More Optimistic

Health

End-of-Life Provision Loses Favor
Congress is likely to exclude any end-of-life provisions from the health-care bill after the furor over a House bill that aimed to address one corner of the issue.
Emanuel's Brother Becomes a Target
Obama Defends Health-Care Effort

Law

Seven Plead Not Guilty in Slaying Case
Seven suspects pleaded not guilty to first-degree murder charges in the slaying of a Florida couple who adopted 13 children, many with special needs.
Courts Face Battle Over Limits on Ex-Convicts
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SEC Is Ready to File Case Against Pequot

Media & Marketing

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Deals Flow to Estate of Jackson
Michael Jackson's estate administrators say they have generated $80 million in marketing, merchandising and film deals since they began managing the late singer's affairs five weeks ago.
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TV Networks Hold Back On Ad Sales
Anheuser Refreshes Bud Light Ads