AIG to Freeze Traditional Pension Plan

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American International Group told employees that it would freeze its traditional U.S. pension plans, becoming the latest company to shift away from guaranteed retirement benefits.

Stocks Rally on Hopes for More Stimulus

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Global stocks rallied Thursday on signals of how central banks could contend with upheaval in financial markets.

Euro Falls as ECB's Draghi Opens Door to More Stimulus

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The euro fell sharply against the U.S. dollar Thursday after the European Central Bank appeared to open the door to more stimulus to boost the region’s economy.

ECB Ready to Expand Stimulus Programs

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European Central Bank President Mario Draghi indicated that the bank stands ready to expand its stimulus programs if slowdowns in large developing economies and turbulence in financial markets hinder its ability to boost inflation to a target of just under 2%.

Inside Uber's Fight With Its Chinese Nemesis

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China’s multibillion-dollar ride-hailing market has erupted into a brawl between Uber and Beijing startup Didi Kuaidi. The two companies are fighting to raise funds for expansion while they compete to woo drivers to their private-car-hailing services and navigate China’s tough regulatory environment.

Vivendi Chairman Ousts Longtime Chief of Canal Plus

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French billionaire and Vivendi Chairman Vincent Bolloré has ousted the longtime chief of Canal Plus, further tightening his grip over the Vivendi-owned pay-TV group amid falling subscriber numbers.

A Gold Trade Investors Can't Refuse---Even if They Want To

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London-listed gold miner Polyus gives investors another hard lesson in why they should stay away from emerging-markets resources stocks with small free floats.

Car-Parts Dispute Taps Brakes on Trade Deal

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A fight over how cars are assembled is pitting North America’s auto industry against Japan’s in a dispute now holding up a major trade agreement spanning the Pacific.

Union Floats Health-Care Co-op for U.S. Car Makers

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The United Auto Workers union is pitching Detroit auto makers on a proposed health-care purchasing cooperative as a way to lower employee costs and potentially raise funds to finance worker salary increases.

Who Has Ruled Late-Night TV?

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When Stephen Colbert takes over “The Late Show” next week, he’ll be up against Jimmy Fallon of “The Tonight Show” in the network ratings race. For years, Jay Leno and David Letterman had battled it out for late-night viewers. See how the ratings dynamics have changed.

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