Pfizer's Dollar Dilemma Adds Pressure for Deal Making

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Pfizer’s strong results were undermined by currency effects—which also raise pressure to do a deal.

Twitter Revenue Jumps but User Growth Disappoints

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Twitter said second-quarter revenue grew 61%—but user growth disappointed, as interim CEO Jack Dorsey said new features had yet to generate desired results.

Yelp Cuts Revenue Guidance

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Review site Yelp expects revenue of $544 million to $550 million for the year as it phases out its brand advertising product.

Twitter Must Lead, Not Follow, on User Growth

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Twitter recognizes it has a growth problem but it will be hard to fix.

P&G Names David Taylor as CEO

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Procter & Gamble said company veteran David Taylor will take over as CEO on Nov. 1, with A.G. Lafley shifting to the role of executive chairman.

Wal-Mart Warns Suppliers Over Labeling Laws

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Wal-Mart has sent out a memo to hundreds suppliers warning them to comply with labeling laws, emphasizing that the amount inside a package matches what is printed on the outside.

Zurich Insurance Weighs RSA Bid

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Zurich Insurance said it may try to buy U.K.-based RSA Insurance in a deal that could be valued at more than $8 billion.

Lew Says No Federal Bailout for Puerto Rico

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Treasury Secretary Jacob Lew said the Obama administration isn’t contemplating a federal bailout for Puerto Rico as the island territory faces a cash crunch.

Regulators Tell AIG, Prudential and GE Capital to Improve 'Living Wills'

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Regulators told three huge financial firms to do a better job explaining how they would handle a bankruptcy without harming the U.S. economy, signaling that the companies have work to do to avoid regulatory sanctions in the future.

Rising Rents Outpace Wages in Wide Swaths of U.S.

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The cost of renting a home is rising faster than wages across wide swaths of the country, a problem that has become especially acute in the past year, putting a big squeeze on many household budgets.

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