Volkswagen: From Dieselgate to Brexit

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Investors desperate for financial clarity now have to factor in the impact of Britain’s vote on the European car market

Consumer Spending Rose 0.4%, Showing More Confidence After Slow First Quarter

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Consumer spending climbed 0.4% in May, suggesting a key pillar of the U.S. economy has bounced back after a lackluster start to the year.

GM's U.S. Market Share Shrinks as Auto Sales Peak

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U.S. market share for the nation’s largest car maker has tumbled to a more than three decade low amid strong demand as its dealers say they are saddled with too many cars and too few pickups and SUVs.

Monsanto Mum on Bayer Deal as Profit, Sales Slip

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Monsanto said it has been discussing deals with Bayer and others, adding there is value in the “right combination,” as the biotech seed giant navigates numerous challenges facing the agricultural sector.

Amazon Gets Back in the Phone Business

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Amazon is back in the smartphone business, selling two Android smartphones, one for just $50, subsidized by Amazon ads.

U.S. Pending Home Sales Fell 3.7% in May

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A gauge of upcoming home sales slid in May, a possible sign of slowing in the U.S. housing market heading into the summer months.

Hard Rock Las Vegas Reports Card Data Breach

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The Hard Rock Hotel & Casino in Las Vegas said Monday that customer payment-card data was accessed after malware was placed on the resort’s payment-card system, becoming the latest hotel to report such a breach.

Ping An Deal Leaves Investors Crushed in Autohome Crash

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The Chinese car insurer may have succeeded in controlling Autohome. But fixing this shambles of a situation will require another level of commitment.

Why Nothing Is Simple in China's Overcapacity Push

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West China Cement lost nearly half its value in an hour, a troubling signal about China’s commitment to clamp down on industrial overcapacity.

Central Bankers Face Conflicting Pressures From Brexit Vote

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European Central Bank President Mario Draghi’s call for better coordination on policy moves underscores the conundrum he and his associates face in the wake of Britain’s vote to leave the EU.

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