NHTSA Reviews Chevy Impala Glitch

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The National Highway Traffic Safety Administration, acting out of "an abundance of caution," is conducting a limited review into some Chevrolet Impala models over a possible software glitch that can disable air bags.

FCC Clears Sinclair's Purchase of Allbritton TV Stations

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The Federal Communications Commission approved Sinclair Broadcast Group Inc.'s $985 million purchase of TV stations owned by Allbritton Communications Co., clearing the way for the deal to close.

Jaguar Land Rover Cuts Prices on Chinese Models

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Jaguar Land Rover said it would cut prices on Range Rover and Jaguar F-Type Cabriolet models in China by an average of $32,000, in response to scrutiny by Chinese state media and the government.

Huawei's Smartphone Business Bright

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Huawei' s sales of smartphones and other consumer products rose 30% in the first half of this year. The company said its strategy of focusing more on mid- to high-end smartphones, rather than selling the cheapest phones on the market, is working well.

Russia's Food Regulator Files Suit Against McDonald's

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The regulator seeks to ban some of McDonald's most popular products, alleging violations of safety codes which the U.S. company denies.

Amazon Reports Another Loss

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Amazon posted a massive sales bump but failed again to turn a profit, even as it has hinted at a growing resolve to boost margins.

Molson Coors Chief Executive Swinburn to Retire

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Molson Coors Brewing Co. Chief Executive Peter S. Swinburn will retire at the end of the year, and the chief of the company's European operations will take over.

BSkyB to Buy German, Italian Sister Firms

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British Sky Broadcasting Group said it agreed to buy all of Sky Italia and most of Sky Deutschland from Rupert Murdoch's 21st Century Fox, for more than $9 billion.

Danone Expects Second-Half Improvement

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Slower sales of baby food in China and dairy products in Europe saw Danone posting a drop in profit and sales for the first half of the year, but management is confident that better times are coming.

Anglo American Triples Profit

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Anglo American more than tripled net profit in the first half of the year after slashing costs but suffered setbacks at its iron-ore and platinum divisions.

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