Push for $15 Raises Pay---And Tensions

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The growing push to raise minimum hourly pay to as much as $15 per hour is creating new issues in the workplace: While some of America’s lowest-paid workers will get fatter paychecks, others may feel underpaid.

Cumulus CEO Aims to Revive Radio Broadcaster

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Cumulus Media’s new chief executive, Mary Berner, is working hard to change the corporate culture at the radio broadcaster, which is battling declining revenue and struggling with $2.5 billion in debt that starts coming due in three years.

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.

The Truth About Fannie Mae's Dividend

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

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.

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.

News Corp Reports Loss on Legal Settlement

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News Corp swung to a loss in the March quarter, hurt by a legal settlement, turmoil in the advertising markets and foreign-currency fluctuations.

Bangladesh Central Banker to Meet With Top Fed, Swift Officials

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The head of Bangladesh’s central bank will meet next week with a top Federal Reserve official and representatives of interbank messaging service Swift in an effort to trace $81 million stolen from the country’s Fed account.

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.

GoPro Swings to Deep Loss

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GoPro said it swung to a deep loss in the first quarter, spotlighting the uphill battle the action-camera maker faces in broadening its customer base, though sales beat market expectations.

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