UPS Profit Misses Expectations

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United Parcel Service posted disappointing second-quarter earnings on higher spending and costs and lowered full-year earnings projections as it invests more heavily than expected to avoid problems this holiday season.

FedEx Pleads Not Guilty to Illegal Drug Deliveries

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FedEx Corp. pleaded not guilty Tuesday in San Francisco federal court on 15 charges related to transporting painkillers and other prescription drugs that had been sold illegally.

In Prepaid Cards, Fortune Eludes the Famous

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Suze Orman, Magic Johnson and Lil Wayne are among the celebrities who have shuttered or scaled back prepaid-card ventures, as they struggle to compete with plain-vanilla cards issued by big banks.

In Prepaid Cards, Fortune Eludes the Famous

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Suze Orman, Magic Johnson and Lil Wayne are among the celebrities who have shuttered or scaled back prepaid-card ventures, as they struggle to compete with plain-vanilla cards issued by big banks.

Regulators Say EPA's Climate Rule Poses Grid Challenges

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President Barack Obama's proposed carbon-emissions rule for the nation's power plants will create new cost and reliability challenges for the U.S. electricity system, federal energy regulators said Tuesday.

McDonald's Ruling Sets Ominous Tone for Franchisers

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McDonald's Corp. could be treated as a joint employer with its franchisees in labor complaints, according to a National Labor Relations Board legal determination that could have far-reaching implications.

IRS Blesses Telecom's REIT Turn

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Windstream's plan to spin off some of its telecommunications assets into a real estate investment trust comes as more U.S. companies seek to lower their taxes.

Transit Agencies Get Creative

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Transit authorities in the U.S. looking to expand rail lines are getting into the real-estate-development business to raise revenue.

Argentine Standoff Puts U.S. Judge in Focus

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As Argentina hurtles toward a second default in 13 years, the local press has lit upon a convenient villain: 83-year-old U.S. District Judge Thomas Griesa.

NSA Concerns Boost Chinese Server Maker

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Inspur, a Chinese server maker, is seeking to rival IBM in China, helped in part by Chinese worries about using U.S. gear in the wake of the NSA controversy.

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