Redstone Firm to Call on Viacom, CBS to Weigh Merger

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Weeks after cementing a powerful role in her family’s $40 billion media empire, Shari Redstone is moving to undo the last big strategic move of her ailing father, Sumner Redstone: the divorce of Viacom and CBS.

Costco Must Do More to Battle Amazon

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Costco shares should continue to suffer under the weight of competition from Amazon.com and others.

California Law Strengthens Background Checks for Uber and Lyft

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Drivers of ride-hailing companies Uber Technologies Inc. and Lyft Inc. will face stiffer criminal background checks in California under a new law signed by Gov. Jerry Brown on Wednesday.

Fed's Yellen Says 'No Fixed Timetable' on U.S. Rate Increase

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Federal Reserve Chairwoman Janet Yellen told U.S. lawmakers on Wednesday that there is “no fixed timetable” for raising interest rates as the economy continues its recovery.

Fed's Yellen Says 'No Fixed Timetable' on U.S. Rate Increase

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Federal Reserve Chairwoman Janet Yellen told U.S. lawmakers on Wednesday that there is “no fixed timetable” for raising interest rates as the economy continues its recovery.

BlackBerry Can't Let Software Get Hung Up

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BlackBerry’s exit from handsets puts all hope on software, where competition is fierce.

Companies Pick Wages Against the Machine

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This year’s weak capital spending figures are at odds with the strength in U.S. hiring.

Less Cash in the Mattress at Tempur Sealy

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Tempur Sealy’s sales may continue to be pressured as online competition mounts.

Saudi Aramco Retirees Hold On Tightly to Their Company Ties

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Saudi Aramco—the world’s biggest oil company heading toward the world’s biggest public offering—has been largely walled off from Westerners, but a select group of Americans have a unique insider perspective: its retirees.

BlackBerry Outsourcing Handset Business

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BlackBerry Ltd. said it would outsource the making of handsets and instead focus on developing secure software and services.

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