Manchester United Swings to Profit

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Manchester United swung to a profit in its latest fiscal quarter, as revenue jumped 27% on a return to UEFA play and a recently signed deal with Adidas.

Diageo Makes Spirited Push in India

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Diageo-controlled United Spirits, India’s largest spirits company, is making an effort to boost profit while maintaining market share in a country where regulation makes it tough to sell alcohol.

Google Developing Virtual-Reality Headset

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Alphabet Inc.’s Google is developing a virtual-reality headset that doesn’t rely on a smartphone, computer or game console, a first in the rapidly evolving field.

Amazon: Can't Buy Back Investor Love

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Amazon’s $5 billion stock-buyback program may not be such a positive thing for investors.

Oil Glut: What Storage Signals Mean for Prices

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A gusher of oil at Cushing, the delivery point for the U.S. benchmark crude-futures contract, has put extreme pressure on prices this week.

Uber Executives' Trial Gets Under Way in Paris

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Uber Technologies representatives clashed with opposition lawyers over charges that two top executives incited drivers to offer illegal taxi services in France, as a two-day trial got under way.

Pepsi Posts Higher Profit, Cautious Outlook

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PepsiCo Inc. said Thursday its fourth-quarter profit surged 31%, but Chief Executive Indra Nooyi issued a sobering warning that continuing overseas turmoil could upend the U.S. economy.

More Cuts Loom as Oil Nears $25

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As crude prices slide toward $25 a barrel, many oil companies have little choice but to start making the steep cost cuts they have avoided up until now, jettisoning every well that can’t break even or isn’t needed to keep the lights on.

Japanese Stocks Fall to Lowest Levels in More Than a Year

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Japanese stocks plummeted, hitting their lowest level in more than a year and leading Asian markets down after a selloff in U.S. and Europe overnight.

Yellen Says Fed Should Be Prepared to Use Negative Rates

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Federal Reserve Chairwoman Janet Yellen said the U.S. central bank is studying the feasibility of pushing short-term interest rates into negative territory should it need to give the economy a stronger boost.

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