Ferrari to Pay $3.5 Million Fine

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Fiat Chrysler’s Ferrari sports-car subsidiary has agreed to pay a $3.5 million civil fine for failing to report three fatalities and make other required safety defect reports to U.S. regulators.

Former Android Leader Leaving Google

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Andy Rubin, co-founder and former leader of Google’s Android mobile business and the current head of its nascent robotics effort, is leaving the company.

Nissan Recall Adds to Takata Woes

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U.S. car-safety regulators disclosed a new air bag recall for a problem unrelated to an earlier recall affecting 7.8 million older vehicles, raising questions about the breadth of the problem of air bags that can explode with too much force.

AbbVie Boosts Earnings Guidance

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AbbVie boosted its earnings guidance for the year and posted higher sales in the company’s first earnings report since its megamerger with Shire fell apart.

U.K. to Repay Some WWI Bonds

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The U.K. Treasury plans to repay part of the debt issued to finance Britain’s role in World War I.

Judge Rules Against Financiers Who Sued Paramount Pictures

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Paramount Pictures has prevailed in a lawsuit brought against it by a group of unhappy financiers who made a deal with the studio 10 years ago.

Altice to Make Firm Offer for PT Portugal

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Telecom company Altice is set to make a firm offer to buy PT Portugal from its Brazilian owner, according to people familiar with the matter.

WPP Warns Over Advertising Caution

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WPP Chief Executive Officer Martin Sorrell said that executives are on their guard again over how they spend on advertising amid heightened geopolitical concerns.

U.S. Sanctions Bite Putin's 'Personal Banker'

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The Western effort to freeze Kremlin-connected assets has cost what the U.S. Treasury describes as Russian President Putin’s favored bank nearly $21 million, according to a new U.S. corporate disclosure.

The New Science of Food Additives

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Americans’ growing appetite for food with bold and exotic tastes is bumping up against another trend—demand for more-natural food—complicating the industry’s R&D efforts and potentially raising costs.

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