USDA Overhauls Poultry-Inspection System

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The U.S. Department of Agriculture unveiled on Thursday the first major overhaul of the nation's poultry-inspection system in more than fifty years.

Fiat Shareholders Approve Reorganization

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Fiat shareholders approved a reorganization that opens the way for the Italian car maker that owns Chrysler Group to move its headquarters to the Netherlands, its tax domicile to the U.K. and list its shares in New York.

Vi-Jon Is Up for Sale

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The private-equity firm Berkshire Partners has put Vi-Jon Inc., a maker of private label personal-care products, up for sale, hiring William Blair and Piper Jaffray to run the process.

Investors Kill Shell-Woodside Deal

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Woodside Petroleum shareholders killed off a proposed $2.68 billion deal to buy most of Royal Dutch Shell's interest in the oil and gas producer, marking a rare display of minority investor power that could disrupt both companies' growth strategies.

Energy Firms Get Tax Deferrals

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The U.S. energy boom is producing a little-noticed side effect: American oil and gas companies are paying less in federal income taxes, thanks to investment incentives.

Southwest, SeaWorld End Partnership

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Southwest Airlines and SeaWorld are terminating their 26-year-old marketing relationship, as the theme-park company faces pressure from animal-rights groups over the treatment of captive killer whales.

Chevron Posts Higher Earnings

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Chevron said asset sales and demand for crude oil boosted its second-quarter earnings, though crude oil production slipped.

America's Business Puzzle: Record Debt and Record Cash

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U.S. companies have never had so much debt and so much cash. But there is a reason for that—low interest rates and U.S. tax policy.

FDA Seeks to Regulate Lab-Developed Tests

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The FDA laid out a proposed new regulatory plan to oversee potentially thousands of laboratory-developed medical tests that the agency contends can be prone to errors.

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