Russia Raises Heat on McDonald's

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Russia expanded inspections of McDonald's restaurants across the country, a day after several Moscow restaurants were temporarily closed.

U.S. Probes Role of GM Lawyers in Recall

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Federal prosecutors are looking at the role employees inside and outside of General Motors' legal department played in a delayed ignition-switch recall linked to 54 accidents and more than a dozen deaths.

T-Mobile, Sprint Cut Prices

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A few weeks ago Sprint Corp. and T-Mobile US Inc. were contemplating a merger, and now they are out to steal each other's customers.

Citigroup Faces Curbs on Hedge-Fund Sales

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Citigroup faces restrictions that will prevent it from selling investments in hedge funds and private-equity funds to wealthy clients, following a recent deal with U.S. regulators.

LinkedIn's Head of Products, User Experience Resigns

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Dipchand "Deep" Nishar, a LinkedIn Corp. senior vice president who helped the professional social network expand internationally and on mobile devices, is resigning to pursue a chief executive post.

Salesforce.com Swings to a Loss

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Salesforce.com swung to a loss in the fiscal second-quarter amid a string of acquisitions as the company seeks to diversity, though it raised its forecast for the year.

MMX Temporarily Halting Serra Azul Production

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Eike Batista's mining company, MMX Mineração e Metálicos, is temporarily halting production activities at its main unit in Minas Gerais state.

Aeropostale Forecasts Another Quarterly Loss

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Aéropostale forecast a wider-than-expected loss for the current quarter—which includes the crucial back-to-school season—as the struggling teen-apparel retailer continues to try to stem declining sales

Ross Stores Posts Higher Profit

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Ross Stores said its second-quarter earnings rose 12% as the off-price retailer posted higher sales and improved operating margins.

Will the grocery chain Market Basket survive as we know it?
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