NextEra to Buy Energy Future's Oncor in $18.4 Billion Deal

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NextEra Energy agreed to buy Energy Future’s stake in Oncor, in a deal that values the electricity transmissions business at $18.4 billion and could end Energy Future’s stay in chapter 11 bankruptcy.

Cities Struggle to Add Upscale Housing While Maintaining Diversity

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From Seattle to Chicago to New York, cities are struggling to crack the ultimate urban code: How to squeeze in ever more well-off people without driving out the less affluent?

Apple's Hard-Charging Tactics Backfire in TV

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Some of the tactics used by Apple to achieve success have hurt its efforts to revolutionize the TV-watching experience. In search of its new big thing, the company has alienated cable providers and networks with an assertive negotiating style.

Mobile Strength Propels Google

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Google parent Alphabet said quarterly profit soared 24%, the second internet giant in two days to report blockbuster earnings driven by consumers’ rapid shift to mobile devices.

AB InBev Profit Hit by Foreign-Exchange Charge

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Anheuser-Busch InBev reported a huge drop in second-quarter net profit, as it booked a $1.77 billion charge against foreign-exchange hedging related to its megamerger with SABMiller.

How Mobile Games Rake In Billions

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Behind a pair of recent multibillion-dollar deals in the mobile videogame industry is an expertly crafted weapon: virtual goods sold inside apps for as little as 99 cents a pop. In-app purchases let players spend real money to bypass ads, acquire skills or grow powerful quickly.

Why Bank of Japan Dipped Into Bag of Small Tricks

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The Bank of Japan underwhelmed overexcited expectations for yet another big bang of monetary stimulus. But the BOJ did promise some needed introspection.

Judge Dismisses $24 Billion Lawsuit Against Credit Suisse

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A federal judge has dismissed a lawsuit accusing Credit Suisse of running a predatory loan-to-own scheme that plaintiffs claimed loaded four luxury ski and golf resorts with debt so it could foreclose on their assets.

Credit Suisse: How it Made Money But Still Lost Ground

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The Swiss bank turned in a second-quarter profit, but divisions including Asia stumbled.

Yield Plays: Exxon, Chevron Put to the Test

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Shares have jumped but look susceptible as oil’s slide resumes.

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