How MetLife and AIG Can Make Up for Hedge-Fund Losses

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Insurers, suffering from low rates and hedge-fund losses, have no choice but to keep cutting costs.

Kellogg Cereals Gain Market Share

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Kellogg said it gained share in the U.S. cereal market during the latest quarter though its overall breakfast sales still declined and its earnings fell 33%.

Apple Petitions to Sell Refurbished iPhones in India

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India’s government is weighing a proposal by Apple to refurbish and sell secondhand iPhones in the country, officials said, as the tech giant tries to gain traction in a fast-growing and populous, but not very affluent, market.

The Truth About Fannie Mae's Dividend

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Recent quarterly results show that the original 10% dividend really was unsustainable.

Trump Says He Would Replace Yellen

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Donald Trump, the presumptive Republican presidential nominee, said on CNBC he would “most likely” replace Federal Reserve Chairwoman Janet Yellen if elected.

Why Investment May Have Further to Rise at BT

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For all of BT’s eye-catching pledges, investment looks low by European standards.

Insurers Seek Rate Increases to Cover Obamacare Costs

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Insurers have begun to propose big premium increases for coverage next year under the 2010 health law, as some struggle to make money in a market where their costs have soared.

Operator of Crashed Helicopter Files for Bankruptcy Protection

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CHC Group, the operator of a helicopter that recently crashed in Norway killing 13 people, has filed for bankruptcy protection. The company is the latest to be caught by the downturn in global energy prices.

GM, Lyft to Test Self-Driving Electric Taxis

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GM and Lyft will begin testing self-driving Chevrolet Bolt electric taxis on public roads within a year, as the companies seek to fight off Silicon Valley giants amid a reshaping auto industry.

FDA to Regulate E-Cigarettes, Ban Sales to Minors

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The U.S. government said it was assuming regulatory authority over e-cigarettes and all other tobacco products with rules that will prohibit sales to anyone under 18 and require manufacturers to submit products for approval.

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