Exxon Mobil Backs Out of Proposed Alaska LNG Project

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The company has decided not to invest in the next stage of a planned facility to export liquefied natural gas to Asia.

HP, HP Enterprise Accused of Age Discrimination in Suit

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Four former employees of Hewlett-Packard Co. have filed a lawsuit alleging they were victims of age discrimination as the technology giant pared its workforce in recent years.

Republican Congressman Pushes Internet Sales Tax Plan

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Rep. Bob Goodlatte must persuade conservatives he isn’t pushing a tax increase or a sharp expansion of state power with his newly issued proposal.

American Craft Beers Hop Across the Atlantic

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Exports to Britain of American craft beers—and U.S.-grown hops—are growing as tastes shift, even as mainstream beer volumes continue to fall.

Apple CEO Tim Cook Sells $36 Million From Block of Compensation Stock

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Apple Inc. Chief Executive Tim Cook this week received 1.26 million shares of Apple stock, valued around $135 million, that previously were restricted.

Volkswagen Dealerships Upbeat Over Payout from Emissions Scandal

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Volkswagen dealers nationwide are largely striking a hopeful tone on news of the auto maker’s deal with some 650 Volkswagen franchise dealerships in the U.S. over its emissions scandal.

AB InBev Warns of Thousands of Merger-Related Job Losses

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Belgium’s Anheuser-Busch InBev warned its beer megamerger with SABMiller could lead to thousands of job losses in coming years, according to documents related to the transaction.

Possible Accord Reached in Sumner Redstone Trust Battle

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A peace treaty appears likely in the feud between Shari Redstone and her niece Keryn Redstone over changes made to Sumner Redstone’s trust.

Aéropostale Loses Bid to Rein in Sycamore

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A bankruptcy judge has dealt a big blow to Aéropostale Inc.’s bid to survive chapter 11, refusing to rein in the bidding rights of Sycamore Partners, a former big backer and now major critic of the retailer.

Carl Icahn Buys More Herbalife Shares

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Carl Icahn bought more shares in Herbalife Ltd. on Friday after the stock fell on a report that he had discussed possibly selling his stake, including in part to rival William Ackman.

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