Sears to Report First Profit Since 2012

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Sears Holdings said a gain from the spinoff of some of its real estate will likely drive its first profit in three years, though the retailer said sales continued to slide in its second quarter.

Middle East Refinery-Expansion Plans Hit Snags

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Middle Eastern countries are experiencing setbacks in plans to expand their oil-refining capacity, dealing a blow to efforts to address an expensive irony: petroleum-rich nations importing products such as gasoline.

U.K. Treasury Begins RBS Privatization

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The U.K. Treasury started the long-awaited privatization of Royal Bank of Scotland Group PLC on Monday, announcing it would sell a 5.2% stake in the lender.

Noble Group's Troubles Aren't Going Away

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Commodities trader Noble Group needs to stanch the bleeding. It better hope someone comes quickly.

American Express, Discover to Pay Cost of Disruption

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AmEx’s and Discover’s ability to increase earnings may be held back by an evolving technological threat.

Car Makers Map Out Future With Nokia Deal

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BMW, Audi and Daimler are betting on the future of autonomous cars, which meant joining forces to acquire HERE is more a necessity than a luxury.

Auto Makers Post Strong U.S. Sales

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U.S. auto sales continued their strong pace in July as the appetite for trucks and sport-utility vehicles overcame the fading popularity of fuel-efficient cars.

BMW, Daimler and Audi to Buy Nokia's Maps Business

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Germany’s biggest auto makers have clinched a deal to buy Nokia’s digital mapping business, beating out rival bidders for some of the vital technology for self-driving cars in a $3.1 billion acquisition.

ISM Manufacturing Index Falls to 52.7 in July

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U.S. manufacturers expanded at a slower pace in July, according to a survey released Monday by the Institute for Supply Management. Employment also increased at a slower pace last month.

Dalian Wanda to Close Some Wanda Stores

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Chinese property and entertainment giant Dalian Wanda Group is closing some Wanda department stores amid poorer sales and is exiting the karaoke business.

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