FCC Ends Sports Blackout Rule

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The Federal Communications Commission voted to scrap the agency's 40-year-old ban on cable and satellite providers airing football games blacked out on local stations due to low attendance.

U.S. Oil Exports Climb

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Conoco has started exporting oil from Alaska, the first such shipment in a decade, as sales of U.S. crude to foreign buyers continue to mount.

A Chinese Fracking Bet Goes Wrong

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The Bakken Shale formation has revolutionized North America's energy industry. But an early Chinese private-equity bet into Canada's side of the oil field has little to show for its investment.

The Man to Change How Wall Street Chats?

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David Gurle, who is on the cusp of a deal to sell his two-year-old instant-messaging company, Perzo Inc., to 15 of the world's largest banks and money managers, is no stranger on Wall Street.

FAA Orders Replacement of Pilot Displays on Boeing Jets

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Federal regulators have ordered replacement of pilot displays on more than 1,300 Boeing jets to prevent possible interference from Wi-Fi devices used in cockpits.

'Made in USA' Spurs Lawsuits

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Chinese nets and bolts ensnare Lifetime Products' basketball hoops in litigation over whether they qualify for "Made in USA" labeling.

New Balance Shoe Materials Aren't All U.S. Made

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New Balance acknowledges that only about 70% of the value of its U.S.-made shoes reflects domestic content and labor.

Suddenlink to Drop Viacom TV Channels

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Suddenlink Communications, a cable operator with more than a million customers, says it will stop carrying Viacom's TV networks at midnight, and it has struck deals with replacement channels.

Citi Gets Reprieve on Hedge-Fund Curbs

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U.S. securities regulators granted Citigroup waivers that allow it to resume selling investments in hedge funds and private-equity funds to wealthy clients.

EBay to Spin Off PayPal Business

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Coming competition in paying for everyday purchases with smartphones, including an aggressive entry from Apple, pushed online retailer eBay to reverse course and set free its PayPal unit.

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