U.K. County Rejects Fracking Applications

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An English county government rejected applications for the first onshore hydraulic fracturing in Western Europe since 2011, in a blow to the U.K.’s nascent shale-gas industry.

Labor Department Expected to Expand Overtime Eligibility

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Millions more Americans who work in excess of 40 hours a week will qualify for overtime pay under a proposed rule the Labor Department is expected to unveil Tuesday.

At Babcock & Wilcox, Big Risks Go Up in Smoke

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The split at power-plant builder Babcock & Wilcox shows how U.S. companies are tightening their focuses and scaling back riskier long-term bets in an era of activist shareholders demanding action to boost returns.

Caesars CEO Defends His Tenure

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Caesars Entertainment CEO Gary Loveman, who steps down Tuesday, built the casino company into the world’s largest before laying off thousands and overseeing the collapse of its main unit into bankruptcy.

High Expectations Play in Background of Apple Music's Debut

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Until now, there have been two players in subscription music: Spotify and everybody else. That is expected to change on Tuesday, with the launch of Apple Music.

Launch Failure Leaves SpaceX in a Longer-Term Bind

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Sunday’s failed Falcon 9 rocket launch poses more significant, longer-term business challenges for billionaire space entrepreneur Elon Musk’s company than simply identifying and fixing the underlying problem.

Asian Shares Shrug Off Greece Woes

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Asian markets opened flat Tuesday with investors in wait-and-see mode after Greece’s imposition of capital controls unsettled markets globally, as the country looks set to default on $1.73 billion loan to the IMF.

CFTC Targets Swaps Loophole

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U.S. swaps regulators sought to close a legal loophole that allowed American banks to shift some of their business overseas to avoid tough U.S. rules.

KKR Agrees to $30 Million SEC Settlement

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KKR agreed to pay nearly $30 million to settle charges that it improperly shifted more than $17 million in so-called broken-deal expenses to its funds, breaching its fiduciary duty.

U.S. Markets Can Float in Troubled Greek Waters

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Trouble in Greece and China is unlikely to do much damage to the U.S., but could still alter the economic and financial landscape.

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