U.S. Consumer Confidence Virtually Unchanged for July

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A gauge of U.S. consumer confidence edged lower, but was relatively unchanged in July, a sign American households are shrugging off global economic uncertainty in the wake of the Brexit vote.

GE Finds Employee Ratings Unsatisfactory

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The industrial giant is latest to join the ranks of companies that are overhauling their performance-review system. Evidence suggests that boiling a year of performance down to a single category does more harm than good for many employees.

McDonald's Posts Lackluster Same-Store Sales Growth

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McDonald’s posted weaker-than-expected same-store sales in its latest quarter, a sign that the boost from its all-day breakfast offerings may be receding.

AB InBev Raises Bid for SABMiller to Reflect Weaker Pound

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Anheuser-Busch InBev raised its offer for rival brewer SABMiller, as it seeks to allay investor concern following a fall in the value of the British pound after the U.K. vote to leave the European Union.

China Wrestles With Wage Dilemma

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Rising worker pay in China is being blamed for factory shutdowns, but the government can’t keep a lid on pay without risking labor discontent.

U.S. Home-Price Increases Maintained Strong Pace in May

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U.S. home prices continued rising quickly in May, according to the Case-Shiller Home Price Index, further proof that the housing market had its strongest spring since the recession.

After Yahoo, Mayer May Have to Wait for Another CEO Gig

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Marissa Mayer is young enough to lead another company if she leaves Yahoo after its sale to Verizon, but experts say it is tough to rebound from a rookie reign many see as pocked by managerial missteps.

Verizon Results Dented By Worker Strike

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Verizon reported revenue fell more than expected in the most recent quarter amid continued wireless weakness and a work stoppage that ate into the bottom line.

'Pokémon Go' May Leave Competitors Hunting for Gamers' Attention

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“Pokémon Go” has caught the attention of tens of millions of mobile gamers. It is likely catching a share of their spending on rivals’ games, too, analysts say.

BP Posts Third Loss in a Row

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BP posted its third consecutive quarterly loss as the British oil giant reels from a two-year crude-price slump and remains haunted by the 2010 Gulf of Mexico spill.

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