Bribery Charges Dropped Against Former News of the World Editor

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U.K. prosecutors dropped bribery charges against former News of the World editor Andy Coulson and eight others, a decision that effectively leaves in tatters a high-profile investigation of alleged illicit practices at British tabloids.

Sharp Nears Another Bailout

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The company aims to cut 5,000 jobs, trim troubled solar-panel and TV operations and sell its headquarters, while banks write off about $1.68 billion in loans in exchange for shares.

Ford to Develop Carbon-Fiber Material

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Ford Motor is entering into a joint venture with carbon-fiber manufacturer DowAksa, a move aimed at more widely using the costly material to reduce the weight of vehicles that need to meet tougher emissions standards.

Key Volkswagen Directors Back CEO

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Key members of Volkswagen’s supervisory board endorsed Chief Executive Martin Winterkorn and urged his employment contract be extended, a day after they met with him and Chairman Ferdinand Piech to quell friction between the two.

Noble Group Shareholders Challenge Management

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Noble Group shareholders questioned the company’s management on accounting at its annual general meeting, while there was sizable opposition to some of its pay policies.

PwC to Pay $65 Million to Settle Lawsuit Over MF Global

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PricewaterhouseCoopers agreed to pay $65 million to settle litigation over MF Global Holdings, which claimed PwC failed to properly audit the brokerage firm’s internal controls before it collapsed into bankruptcy in 2011.

GE's Quarterly Results Highlight Industrial's Strength, Weakness

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General Electric’s first-quarter earnings report showed that CEO Jeff Immelt’s strategy to exit banking and refocus on its industrial operations won’t be all smooth sailing.

Coke Acquires Chinese Drinks Business

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Coca-Cola has agreed to buy a Chinese drinks business that makes ‘multigrain beverages’ with flavors such as red bean, walnut and oats.

Nuclear Power Goes Begging, Likely at Consumers' Expense

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Electricity producers in several U.S. states are asking for hundreds of millions of dollars in support to keep nuclear power plants in business—most likely at the expense of consumers.

Moore's Law Shows Its Age

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The 50-year-old theorem about computing power is reaching limits amid the many new steps needed to turn silicon wafers into the latest computer chips.

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