Crumbling Roads Put a Dent in Drivers' Wallets

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Deteriorating state of the nation’s highways are adding to auto maintenance costs across the country.

Uber Crosses $50 Billion Valuation

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Uber has closed a new round of funding that values the five-year-old ride-hailing company at close to $51 billion, reaching the mark faster than Facebook did.

Uber Crosses $50 Billion Valuation

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Uber has closed a new round of funding that values the five-year-old ride-hailing company at close to $51 billion, reaching the mark faster than Facebook did.

Oil Prices Fall as U.S. Rig Count Rises

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Oil prices are dropping and on pace to set new multi-month lows Friday as data show U.S. producers are putting more drilling rigs to work despite a lingering world-wide glut.

Steep Losses Hit Carlyle Commodity Hedge-Fund Firm

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Private-equity firm Carlyle Group has split with the founders of its Vermillion commodity hedge-fund firm after its flagship fund shrank from $2 billion to less than $50 million in assets.

U.S. Labor Costs Rise at Slowest Pace in Three Decades

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U.S. labor costs rose at the slowest pace in at least three decades in the spring, a sign of persistently sluggish wage growth that could weigh on the Federal Reserve’s decision to raise short-term interest rates.

Lamborghini Plots First Sport-Utility

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Italian sports-car maker Lamborghini envisions big changes for its product line and production methods, aiming to build its first sport-utility with components borrowed from parent Volkswagen vehicles.

Exxon's M&A Edge Over Chevron Amid Low Oil Prices

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Big Oil’s resiliency is strained amid low oil prices, but Exxon could yet capitalize via acquisitions.

Marines Say Costly F-35 Jet Fighter Is Finally Ready

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The U.S. Marine Corps said Lockheed’s F-35 Joint Strike Fighter is finally ready for combat, a milestone for the world’s most expensive weapons program.

Oil Shares Weigh on Dow

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Oil majors pulled the Dow Jones Industrial Average lower in afternoon trading Friday after a report indicated an increase in U.S. oil drilling.

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