Insider-Trading Charges to Be Dropped

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Federal prosecutors in New York said they would drop charges against five men they previously accused of insider trading, the latest casualty of an appeals court ruling last month that upended the government’s ability to bring such charges.

Chevron Results Helped by Refining

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Chevron said asset sales and strength in its refining segment helped offset tumbling crude oil prices, resulting in better-than-expected results in its December quarter.

U.S. Growth Slows to 2.6% in Fourth Quarter

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U.S. economic growth retreated to a modest pace in the final months of 2014, underscoring obstacles facing the recovery as troubles mount abroad.

Lear Profit More Than Doubles on Strength in North America

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Lear Corp. said its fourth-quarter profit more than doubled as the automotive-seating and electric-systems company posted strong growth in North America, its largest region.

AbbVie Results Top Expectations

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AbbVie Inc. reported fourth-quarter results that topped Wall Street expectations amid strong sales growth, even as expenses related to its scuttled merger with Shire PLC dragged the company to a loss.

China Regulator in Spotlight Over Counterfeits

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Alibaba Group’s public fight with the Chinese government over fakes is putting a spotlight on a little-known but increasingly aggressive regulatory agency that is seeking greater sway over the country’s vast e-commerce market.

Tyson Foods Tops Expectations on Surging Sales

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Tyson Foods posted a better-than-expected 24% jump in revenue in its December quarter as sales in its packaged food segment surged. The results topped Wall Street expectations.

Consol Energy Posts Higher Revenue, Production

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Consol Energy Inc. said its revenue and production volume rose in the most recent quarter.

Altria Sales Grow on Higher Prices

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Altria Group posted increased revenue in the fourth quarter as higher prices offset a decline in cigarette volume. The cigarette maker also said its operating chief, Dave Beran, would retire March 1 after nearly four decades with the company.

Bank of Russia Cuts Interest Rates

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Russia’s central bank unexpectedly cut its key interest rate by two percentage points, saying a sharp economic slowdown would soon ease inflationary pressures, prompting the ruble to fall.

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