Carrefour Reports Sharp Decline in Profit

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French retailer Carrefour said it had made progress in its efforts to kick-start growth despite reporting a sharp decline in profit amid challenges in France and China.

IAG to Boost Fleet as Profit Soars

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British Airways parent IAG plans to boost its fleet amid stronger business prospects, as it reported second-quarter profit rose 27.9%.

Solar-Power Fight Hits Home in Arizona

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Arizona, the epicenter of a nationwide debate between solar companies and utilities, is introducing new rules for companies that offer solar-panel leases. But the firms say the regulations are an effort by traditional utilities to try to stop the spread of residential solar in the state.

Japan Contraction Doesn't Mean More Easing

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Japan’s economy may turn out to have shrunk last quarter, but a new inflation measure gives the Bank of Japan an excuse not to act.

Thirsty for Growth, Liquor Giant Taps Africa

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Diageo and other global spirits companies are expanding across Africa, targeting even the poorest consumers with liquor made locally and sold cheaply.

Consumers Priming U.S. Economic Pump

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Consumers are starting to spend more of the dividends they have received from lower gasoline prices.

Economy Picks Up but Stays in Its Rut

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The U.S. economy emerged from its winter lull with a moderate spring rebound, but the historically sluggish expansion is looking even more sluggish as it enters year seven.

Exxon Mobil, Chevron Put Squeeze on Buybacks

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Ahead of the Tape: Dividends are a lifeline as Exxon Mobil and Chevron slash buybacks amid oil’s slump.

Cargill's Black River Shutting Four Hedge Funds

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Cargill’s Black River Asset Management plans to shutter four of its hedge funds and return more than $1 billion to investors over the next several months.

Obama Asks Supreme Court to Review Insider-Trading Ruling

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The Obama administration asked the Supreme Court to review last year’s insider-trading decision by a federal appeals court that overturned two convictions and set a higher standard for proving the financial crime.

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