Japan's Family Mart in Talks With UNY Group

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Japanese convenience-store operator Family Mart Co. is in talks with UNY Group over a possible merger, in a deal that would create the second-biggest convenience store chain in Japan by sales, people familiar with the matter said.

Ecopetrol Names Former Finance Minister CEO

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Juan Carlos Echeverry, former finance minister with close ties to the government, was elected as the new chief executive of Ecopetrol.

Espírito Santo Debt Imperils Customers

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Thousands of customers whose investments in Espírito Santo commercial paper were wiped out were promised reimbursement by the conglomerate’s bailed-out banking unit. But the unit has backtracked on that vow.

Train Carrying Crude Derails in Illinois

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A BNSF Railway Co. train carrying crude oil derailed and began to burn Thursday afternoon near Galena, Ill., just over the state line from Wisconsin and 160 miles west of Chicago.

Latest Oil Dilemma: Where to Put It

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As oil-storage tanks near capacity, some analysts predict the spillover will send crude prices even lower.

Elaine Wynn Launches Bid for Board Seat

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Wynn Resorts co-founder Elaine Wynn launched a bid to remain on the board, the latest power struggle at the casino operator.

Google Wireless Plan Has One Catch

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Google’s planned wireless service will work only on the company’s latest Nexus brand smartphone and not on other phones using the Android operating system.

Life Time Fitness in Talks With Two Private-Equity Groups

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Gym chain Life Time Fitness Inc. is in advanced talks with private-equity bidders, according to people familiar with the matter.

EU Court Rules E-Books Are Services, Not Goods

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Electronic books cannot share the same reduced rate of value-added tax as paper books, the top EU court ruled, because e-books are ‘electronically supplied services,’ not goods.

Apple to Make Larger iPad in Second Half

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Apple suppliers have been told to start production of a larger-screen iPad in the second half of this year as the U.S. tech giant wrestles with new designs and features for the enterprise market.

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