U.S. Health-Spending Growth Jumped to 5.5% in 2014

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Growth in national health spending, which had dropped to historic lows in recent years, has snapped back and is set to continue at a faster pace over the next decade, federal actuaries said.

GM, Ford Flourish Out of the Limelight

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A sharp earnings acceleration by the top U.S. auto makers through June is overshadowing Volkswagen’s sweet success in finally capturing the global sales crown from Toyota.

Carlyle Group's Profit Jumps

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Carlyle Group on Wednesday said its second-quarter profit rose 55%, as it continued to sell stakes in the companies it owns. But it saw a decline in another key profitability measure.

Rising Rents Outpace Wages in Wide Swaths of U.S.

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The cost of renting a home is rising faster than wages across wide swaths of the country, a problem that has become especially acute in the past year, putting a big squeeze on many household budgets.

Global Markets Build on Gains

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Global stock markets were steady following a slight rebound in Chinese equities, but trading volumes were expected to remain thin and investors cautious ahead of a policy statement from the U.S. Federal Reserve.

Siemens, Bombardier in Talks on Train Merger

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German industrial conglomerate Siemens is in talks to combine its rail unit with Canada-based Bombardier’s train business, people familiar with the matter said.

Smaller Chinese Cities Miss Housing Recovery

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Housing markets in some big Chinese cities are starting to heat up, but smaller markets like Changchun in northeastern China show few signs of thawing.

Alibaba Plans $1 Billion Cloud- Computing Push

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Chinese e-commerce giant Alibaba plans to invest $1 billion in cloud computing globally, including data centers in the Middle East, Japan and Europe, as it seeks to challenge Amazon.com in Web services.

Nissan Profit Jumps

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Nissan Motor beat estimates to report a sharp 36% jump in its first-quarter net profit, backed by a weaker yen and strong sales of sport-utility vehicles in the U.S.

LG Electronics Profit Slumps On Stiff Chinese Competition

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The South Korean electronics giant posted a steep drop in second-quarter profits as it remains vulnerable to cheaper Chinese models of smartphones and TVs.

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