Oil's Slide and That Sinking Feeling for Inflation Watchers

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Lower oil prices may delay – yet again – an expected pick-up in headline inflation.

Yahoo's Fall and the Perils of Losing Focus

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Google and Facebook could learn the importance of focus from Yahoo, AOL and their ilk: Don’t try to be everything to everyone by copying, buying or mimicking the latest rival for users’ attention.

Volkswagen Posts 56% Drop in After-Tax Profit

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The German auto maker’s operating profit surged nearly 20%, but that was halved by charges, largely related to the company’s emissions-cheating scandal.

China Outflows Fuel Insurance Giant's Engine

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AIA isn’t a bargain, but the company remains on stable footing with or without China’s vacillating capital outflows.

Facebook Rides Mobile-Ad Surge

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Facebook’s mobile bet has shrunk the time it takes the social network to leap from one milestone to the next: On Wednesday, Facebook topped $2 billion in quarterly profit, six months after crossing the billion-dollar mark for the first time.

Fed Leaves Door Open to Move as Soon as September

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The Fed upgraded its economic assessment and said near-term risks have diminished, effectively leaving the door open to raise rates as early as September.

Shell Profit Hit Hard by Low Oil Prices

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Royal Dutch Shell reported a sharp drop in second-quarter profit compared with a year earlier as lower oil and gas prices weighed on earnings.

Diageo Profit Hit by Currency Volatility

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Diageo reported weaker profit for the year as the world’s largest spirits maker was hit by currency volatility and one-time charges.

AstraZeneca Posts $3 Million Loss

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AstraZeneca posted a loss in the second quarter as it furiously invested in its next-generation drugs while battling falling sales of its aging blockbuster Crestor, and took a restructuring charge relating to a cost-reduction program.

Boeing Considers Ending Production of 747

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Boeing said Wednesday that it may stop production of the 747, ending nearly a half-century of producing the plane that became the aircraft of choice for the U.S. president and other heads of state.

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