European Bank Stress Tests Offer Some Relief

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In tough conditions, some European banks would struggle with capital levels. Barclays, Deutsche and UniCredit could give investors concern.

U.S. Consumer Sentiment Fell in July

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A gauge of U.S. consumer sentiment dropped in July—as the University of Michigan survey fell to 90.0 from June’s 93.5—in a sign that global economic uncertainty could ripple through domestic spending.

Bidders Circle Formula One

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The long-awaited sale of the Formula One may finally be nearing the finish line as a number of bidders including British broadcaster Sky PLC are circling the racing series.

Viacom Board Suit Against Redstone Holding Company to Proceed

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A Delaware judge will hear arguments on whether 93-year-old Sumner Redstone had the competency to decide to replace five board members at Viacom.

'Great Wall': Matt Damon Battles Monsters in China

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The sci-fi fantasy film centered on China’s great wall has hopes of becoming a global blockbuster.

UPS Profits Rise on E-Commerce

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United Parcel Service reported a 3.2% increase in profit fueled in part by e-commerce growth, but the delivery giant cautioned that a weaker industrial environment will continue to be a drag.

Merck Revenue Rises on Cancer, Hepatitis Treatments

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Merck posted an unexpected increase in second-quarter revenue thanks to new cancer and hepatitis treatments, and an increased profit versus a year-earlier period that was weighed down by foreign-exchange losses.

Just What Banks Didn't Need, An Equities Slump

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Capital-constrained banks have moved away from debt trading, now stock market activity is drying up

Little Sign of Post-Brexit Recovery at IAG

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U.K. flag carrier British Airways is probably a less useful bellwether for recovery than budget airlines Ryanair and easyJet.

Cities Struggle to Add Upscale Housing While Maintaining Diversity

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From Seattle to Chicago to New York, cities are struggling to crack the ultimate urban code: How to squeeze in ever more well-off people without driving out the less affluent?

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