FAA Delays Tighter Rules for Commercial Helicopters

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U.S. regulators have given helicopter operators an extra year to comply with certain enhanced safety rules, including additional training for poor visibility conditions and more-advanced monitoring of emergency medical flights.

American Securities Puts Prison-Phone Operator GTL on Block

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Global Tel*Link, the largest U.S. operator of prison phones, is being shopped by its private-equity owner, a move that follows a decision by federal regulators to cap the fees companies can charge for interstate inmate calls.

Grid-Attack Response Ignites Critics

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Regulations drafted to prevent a repeat of last year's attack on California substation are too loose to stop saboteurs, critics say.

Senators Say IRS Fails to Audit 99% of Big Partnerships

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A group of senators is complaining that the Internal Revenue Service is failing to audit the majority of tax returns filed by big partnerships, including hedge funds and private-equity firms.

Merger Activity Is Boon to Goldman, Morgan Stanley

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Goldman Sachs and Morgan Stanley rode a wave of corporate deal making, helping bolster revenue in their traditional merger-advice and securities-underwriting businesses.

Companies Gird for Ukraine Turmoil

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Escalating military action and sanctions are forcing executives around the globe to map out scenarios to safeguard employees, supply chains and assets within and beyond the borders of Ukraine and Russia.

Powers of Deduction

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For those weighed down by large mortgage payments, there are ways to save money when next year's tax season arrives; beekeeping, anyone?

Ford to Sell Lincoln Models in China

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Ford said it would sell five U.S.-made Lincoln models by 2016, offering new details of its plans to pitch its premium cars to Chinese buyers who now equate luxury with German vehicles.

Chipotle to Raise Prices

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Chipotle Mexican Grill said it will raise prices as food costs cut deeper into its profit—though the restaurant chain posted first-quarter income that improved 8.5% amid higher traffic.

Higher Prices Boost Pepsi's Profit

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PepsiCo's net income rose 13% as cost cuts and price increases helped offset softer volumes and foreign exchange headwinds.

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