ISM Manufacturing Index Falls to 51.1 in August

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U.S. manufacturing activity expanded at slower pace in August, according data released Tuesday, a sign global turmoil and a strong dollar could be limiting factories.

Blue Bell Ice Cream Returns to Store Shelves

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Cartons of Blue Bell ice cream began reappearing in grocery stores in cities Monday, a major step after the ice-cream maker yanked all its products following a deadly listeria outbreak and faced a financial crisis.

In a World Awash with Gas, Why Finding More is Good for Eni

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Italy’s Eni has found a big gas field in Egypt. That highlights its strengths as the company also gets its financial house in order.

South African Gold Faces Uncertain Future

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South Africa’s gold mining industry must undergo radical change to cope with falling prices, intensifying labor disputes and the surging cost of ever-deeper exploration.

Pension Funds Oppose Combined BofA Chairman, CEO Roles

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Two major public pension funds joined the drive for Bank of America Corp. shareholders to oppose a corporate bylaw change that lets Brian Moynihan serve as both chief executive and chairman.

Valeant Strikes Psoriasis-Drug Pact With AstraZeneca

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Canada’s Valeant Pharmaceuticals has struck a deal with AstraZeneca of the U.K. to develop and sell psoriasis treatment brodalumab.

California Lawmakers Approve Equal-Pay Measure

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California lawmakers gave final approval to legislation that seeks to ensure equal compensation for women in the workplace by prohibiting employers from paying differing wages to employees who do “substantially similar work.”

Treasurys Strengthen on China Data

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Investors sought safety in U.S. government bonds on Tuesday after a gauge of China’s manufacturing sector fell to a three-year low, adding to anxiety over the global growth outlook.

El Niño Sends Strong Signal as Pacific Temperatures Soar

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Australia’s government said temperatures in parts of the Pacific Ocean are at their highest level in nearly two decades thanks to a strong El Niño—a phenomenon that can upend weather patterns around the world.

Chinese Company Set to Buy 10 Ultralarge Ships for $1.5 Billion

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Order expected to exacerbate an estimated 30% excess capacity in shipping route between Asia and Europe.

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