Toshiba Restructures PC Business

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Toshiba said it would accelerate the restructuring of its PC business to focus on the business-to-business field and would withdraw from certain consumer markets.

U.S. to Regulate More Car-Loan Providers

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The U.S. consumer finance regulator on Wednesday proposed to start supervising the finance units of major car companies, focusing on the 38 largest nonbank lenders in the automotive sector.

Arrest of Sistema Boss Raises Specter of Yukos

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Shares in Russia's conglomerate AFK Sistema plunged after its chairman, Vladimir Yevtushenkov, was put under house arrest and charged with money laundering.

Cardinals' Dwyer Arrested on Assault Charges

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Arizona Cardinals running back Jonathan Dwyer was arrested in Phoenix on charges of aggravated assault, police said.

Alibaba IPO Gives Insiders Rare Chance to Sell Early

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A swath of early investors in Alibaba will be able to sell more than $8 billion of shares on the day the Chinese e-commerce company goes public, an unusual arrangement that is influencing how bankers price the offering.

Investors Weigh Bid to Break Up DuPont

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The campaign to break up DuPont Co.by activist investor Trian Fund Management LP is no slam dunk.

ZF, TRW Aim to Provide Bundles of High-Tech Parts

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The CEOs of ZF Friedrichshafen and TRW Automotive painted a new landscape of the auto-parts industry where large, German-centric companies dominate as they churn out technologies to make smart vehicles.

Justice Department Loses Another to the Cola Wars

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The Justice Department has been a source of legal talent for soda companies for years. Now, Tony West, who left his position as the No. 3 official at the department, is headed to PepsiCo.

Prosecutors Chasing Billions in Uncollected Debts

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The Justice Department has been unable to recover $97 billion arising from enforcement actions and other criminal cases, an amount that has tripled since 2004.

FCC Chief Defends Secret Meetings

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The FCC's chief defended the use of secret meetings during merger reviews, in response to criticism from Comcast and a senator.

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