Chrysler U.S. Sales Rise 20%

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Chrysler said its U.S. auto sales rose 20% in July, as its Jeep brand turned in another month of strong growth.

Weyerhaeuser Earnings Rise

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Weyerhaeuser said second-quarter earnings rose 43% on strong growth in wood-products sales and one-time gains.

Sikka: Infosys Will Grow Software Business

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Vishal Sikka, the incoming chief executive of Infosys, is inheriting a business struggling to transform itself into a global software and consulting brand.

USDA Overhauls Poultry-Inspection System

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The U.S. Department of Agriculture unveiled on Thursday the first major overhaul of the nation's poultry-inspection system in more than fifty years.

Sony's Smartphone Struggle

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Sony sharply cut its forecast for smartphone sales, dealing a blow to the Japanese electronics maker's hopes for recovery.

Prescient Bears Are Growling Again

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Many of the Wall Street money managers who made billions by anticipating the U.S. housing bubble see more trouble on the horizon.

Tesla Loss Widens on Spending for Next Model

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Electric car maker Tesla Motors said its second-quarter loss doubled to $62 million on higher spending for overhead and R&D.

Alibaba Invests $120 Million in Mobile Gaming Firm

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Alibaba Group Holding is backing another California startup, announcing a $120 million investment in gaming company Kabam Inc. and a partnership to publish and distribute its free-to-play mobile games.

Kellogg's Profit Falls 16% as Cereal Sales Drop

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The breakfast blues keep getting worse for the nation's biggest cereal maker, as Kellogg Co. said its earnings fell 16% in the latest quarter and reduced its outlook for the year.

America's Business Puzzle: Record Debt and Record Cash

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U.S. companies have never had so much debt and so much cash. But there is a reason for that—low interest rates and U.S. tax policy.

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