Terror Weighs on Europe's Travel Industry

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A cascade of terrorist incidents is driving away tourists at the height of Europe’s summer rush, casting a pall over hotel chains, airlines and luxury retailers.

Sprint's Loss Widens

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Sprint on Monday reported its loss widened in the most recent quarter, though revenue slid less than expected.

'Pokémon Go' Surged by Building Community

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Columnist Christopher Mims writes that “Pokémon Go” became a monster hit by connecting people playing the game, even though it isn’t explicitly about bringing people together.

Best-Paid CEOs Lag in Results, Study Says

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The best-paid CEOs tend to run some of the worst-performing companies and vice versa, even when pay and performance are measured over the course of many years, according to a new study.

AMC, Carmike Agree to Sweetened Takeover Deal

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AMC Entertainment and Carmike Cinemas said they had agreed to a sweetened takeover deal at more than $800 million, after a vote to approve the deal was twice postponed.

LVMH Sells Donna Karan to G-III for $650 Million

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LVMH agreed to sell Donna Karan International to apparel company G-III for $650 million including debt—an unusual retreat for the French luxury giant from a major brand it tried for years to revive.

Verizon to Buy Yahoo's Web Assets for $4.83 Billion

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Verizon announced plans to buy Yahoo for $4.83 billion in cash, ending a drawn-out auction process for the beleaguered internet company.

Booze Makers Court Consumers With 'Healthier' Drinks

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From nonalcoholic martinis to cocktails frothed with chickpea brine, drink purveyors are hustling to satisfy consumers’ growing desire for what they see as healthier quaffs.

Strong Yen Could Further Damp Japan Corporate Earnings Outlook

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Major Japanese firms will this week release results for the April-June period in which the yen strengthened more than 8% against the U.S. dollar.

Vedanta-Cairn: An Energy Deal With Just Enough Spark

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Vedanta’s sweetened terms to buy out subsidiary Cairn India aren’t exactly rich—but may be good enough for minority investors to accept.

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