China Announces Legal Actions for 'Securities Violations'

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Chinese authorities announced legal actions Sunday against high-profile targets in the government, brokerages and media for what they alleged were ‘securities violations.’

What to Expect When You're Expecting an Apple Car

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On its face, a car seems like a disastrous thing for Apple to build, writes Christopher Mims. One of his predictions about the Apple car: If Apple does go forward with it, the company is playing a long game, one that could easily span decades.

Canadian Oil Sands Halts Crude Production at Syncrude

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Canadian Oil Sands Ltd. has halted production at its Syncrude project in northern Alberta after a fire damaged equipment at its synthetic crude oil processing facility.

California's Earthquake Problem: People Aren't Scared Enough About Them

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State officials and insurance companies are raising the alarm after persuading only a fraction of homeowners to buy quake coverage despite years of prodding.

EIA Cuts U.S. Oil Output Estimates Year-to-Date

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U.S. oil production this year was lower than previously estimated, the U.S. Energy Information Administration said Monday. Oil prices, meanwhile, fell on the New York Mercantile Exchange.

Alibaba Targets Rural China for E-Commerce Growth

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China e-commerce titans Alibaba and JD.com, facing a slowdown in the growth of their core urban customers, are battling to crack a new frontier: the sprawling countryside with some 600 million potential shoppers.

U.K. Approves Giant North Sea Gas Project

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A.P. Møller-Maersk A/S said it has received approval to develop the $4.5 billion Culzean gas field, the largest new find in the U.K. North Sea for a decade.

Why Warren Buffett Isn't Buying Into Phillips at the Top

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Warren Buffett’s investment in Phillips 66 looks like it might be another instance of him buying in at the peak of the market. Think again.

Bank of New York Mellon Clears Pricing Backlog for Funds

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Bank of New York said it finished working through a massive backlog of mutual and exchange-traded fund-pricing issues before the market opened, ending a weeklong struggle by the company to provide accurate asset values.

In Japan, Foreigners Fill Workforce Gaps

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Non-Japanese are taking a bigger role in powering Japan’s economy, as a labor shortage impels the nation to overcome its longstanding resistance to foreign workers.

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