Germany's Renewable Energy Bet

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Many companies worry the cost of Germany's mammoth, trillion-euro plan to wean the country off nuclear and fossil fuels by midcentury will undermine the country's competitiveness.

Bristol-Myers Hepatitis C Drug Approved in Europe

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European regulators have approved a Bristol-Myers Squibb Inc. drug for use in hepatitis C combination treatments, the company said.

Westfield Raises Bet on Europe

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Australian developer Westfield said it has raised its stake in a $1.84 billion shopping mall planned for Italy as it seeks other opportunities on the continent.

Brown-Forman's Profit Rises 5% on Jack Daniel's Brand

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Brown-Forman said its first-quarter profit rose 5%, driven by strong sales growth of its Jack Daniel's brand and higher sales in emerging markets.

Express Profit Falls on Weaker Sales

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ExpressInc. said its fiscal second-quarter earnings slid 59% as the specialty retail apparel chain reported a modest decline in sales and higher operating expenses.

China Volkswagen Probe Not Antitrust Issue

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China's probe into a Volkswagen AG joint venture isn't tied to an antitrust investigation, according to the auto maker and its local partner.

American Pulls Fares From Orbitz

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American Airlines has withdrawn its flights from consumer websites powered by Orbitz, following a similar dispute between the airline and the travel website about three years ago.

Sabre to Explore Possible Sale of Lastminute.com

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Sabre Corp. said it is exploring a potential sale, along with other strategic options, of its lastminute.com business unit, in an effort to focus on its core business.

Burger King: Hands-Off Growth

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Burger King and Tim Hortons are outliers in the fast-food industry, owning small percentages of their restaurants. That strategy allows growth with minimal investment.

Michaels's Results, Outlook Top Expectations

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Michaels's fiscal second-quarter sales increased more than expected in the arts-and-crafts retailer's first earnings report since it went public again at the end of June.

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