Jamba Juice Gets Squeezed by Activist

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The owner of the Jamba Juice chain is facing a call from activist investor Engaged Capital to slash costs and potentially exit the New York City market.

Comcast Steps Up Its Game on Internet Speeds

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Comcast has begun extending fiber optic cable all the way to customers' homes in certain parts of its service area, as it competes with all-fiber providers on Internet speeds.

Amazon Reports Another Loss

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Amazon posted a massive sales bump but failed again to turn a profit, even as it has hinted at a growing resolve to boost margins.

Starbucks Posts Higher Results

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Starbucks said its quarterly earnings rose 23% on stronger sales across its regions, along with improved transaction volumes and higher tickets.

Elliott Takes 6.7% Stake In Interpublic

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Activist investor Elliott Management Corp., which confirmed Thursday it had acquired a 6.7% stake in advertising holding company Interpublic Group of Cos., thinks Interpublic should explore sale options.

American, United Plan Buybacks

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The parents of American Airlines and United Airlines unveiled stock-buyback plans, continuing the transformation of the country's largest carriers from bankruptcy into some of the most profitable in the world.

Is There Still Enough Room for an iPad?

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As smartphone screens grow larger and laptop computers grow thinner and lighter, sales of the iPad are declining and growth is slowing for rival Android tablets.

Obama to Urge Action on 'Inversions'

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President Barack Obama is calling on Congress to end a tax-code rule that allows some U.S. firms to reincorporate overseas and lower their tax bills, an emerging issue that could figure prominently in the fall election campaign.

Unilever Paints Bleak Picture

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Unilever flagged a further slowdown in emerging markets, even as first-half profit grew on the back of a number of disposals.

Potash Corp. Profit Drops 27%

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Potash Corp. of Saskatchewan posted a nearly 27% drop in second-quarter profit, but results beat expectations as market conditions picked up.

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