Toyota Taps First Foreign Vice President

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Toyota named a non-Japanese executive vice president for the first time in the company’s nearly eight-decade history, reflecting the importance of the auto maker’s overseas business.

India Cuts Benchmark Rate Again

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India’s central bank surprised markets Wednesday morning with a cut to its key lending rate for the second time this year, as it joined a world-wide trend of monetary easing.

RBI Takes Aim at Rupee's Strength

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The Reserve Bank of India joined other central banks in voicing concerns about a strong currency as it cut interest rates for the second time this year.

Foxconn Launches New E-Commerce Platform in China

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The world’s biggest contract electronics manufacturer, Foxconn, is making a move into e-commerce in China, aiming to go head-to-head with the likes of Alibaba and JD.com.

NBCU Plans to Launch Comedy Video Service

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Comcast’s NBCUniversal is aiming to launch a comedy-focused subscription Web video service later this year, as interest grows in reaching young online viewers who don’t watch traditional TV.

Vanguard and BlackRock Are Raising Their Voices

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Vanguard Group and BlackRock, giant fund managers once known for quiet relationships with the companies in which they invest, say they are getting more assertive.

Asiana Settles Suits With 72 Passengers Over 2013 Crash

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More than 70 passengers aboard an Asiana Airlines flight that crashed in San Francisco two years ago have reached a settlement in their lawsuits against the airline, attorneys for the passengers and airline said in a court filing Tuesday.

BlackBerry to Launch Four New Devices

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BlackBerry Ltd. said a new touch-screen phone will be one of four devices it launches this year, as it bolsters its turnaround effort.

Investors Balk at Deals for Specialty Retailers

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The recent collapse of private-equity buyouts of Chico’s and Express Inc. signal that investors and lenders are growing increasingly wary of specialty retailers.

Kinder Morgan's Pipeline Plan Hits Mountain

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Kinder Morgan wants to burrow through Burnaby Mountain to reach an oil-loading ship terminal on the other side, but the pipeline operator has encountered fierce resistance from local officials in and around Vancouver.

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