Obama Asks Supreme Court to Review Insider-Trading Ruling

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The Obama administration asked the Supreme Court to review last year’s insider-trading decision by a federal appeals court that overturned two convictions and set a higher standard for proving the financial crime.

Ukraine Creditors Agree Small Haircut to Speed Debt Restructuring

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A group of Ukraine’s largest creditors has agreed to take a small loss on their bonds to speed up the debt-restructuring process, according to two people close to the negotiations

Diageo Hurt by Weak North American Sales

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Diageo reported lower operating profit for the year as the world’s largest spirits maker was hit by weaker sales in its key North America business.

Deutsche Bank's Hard Road Ahead

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John Cryan, Deutsche’s incoming chief, has to dig his way out of a deep hole.

AB InBev Profit Falls on Lower U.S., Brazil Sales

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Anheuser-Busch InBev, the world’s largest brewer, reported a sharp drop in net profit for the second quarter, as weakness in the U.S. and Brazil weighed on sales.

Deutsche Bank Beats Forecasts

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Deutsche Bank’s incoming co-chief John Cryan presented a sharp rise in the bank’s second-quarter profit, driven by unexpectedly strong investment-banking revenue and lower overall taxes, but warned of challenges ahead.

Fiat Chrysler's Profit Jumps

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Fiat Chrysler reported a two-thirds jump in second-quarter profit as it showed a strong improvement in its North America margins and consolidated a timid turnaround in its European business.

Despite Oil's Plummet, Some Smaller Drillers Faring Well

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Giant energy companies like Exxon and Chevron typically weather slumps in oil prices better than the average driller, but during this downturn some shale drillers are faring at least as well — or better.

Crude Oil Rises on Reported Production Drop

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Oil prices traded near flat after weekly U.S. inventory data showed surprise drops in crude-oil supplies and production.

Banks Pitch Swaps as Alternative to Buying Stock

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Banks are nudging certain hedge-fund clients to use derivatives instead of actual stocks when placing some bets, an effort aimed at lessening the impact of new capital rules on the banks’ businesses.

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