Judge Gets Letter on Behalf of U.K. Trader in Flash-Crash Case

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A plea to an Illinois judge to stop the case against British trader Navinder Singh Sarao, or else “bear the liability of all wrongs,” has been entered into official court records.

GameStop Has More Lives Left

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Ahead of the Tape: GameStop’s used-videogame cash cow has lasted longer than pessimists predicted.

U.S. Seeks Information on Top China Official Amid Bank-Hiring Probe

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SEC is seeking information about a Chinese anticorruption official in connection with their probe of J.P. Morgan’s hiring of relatives of Chinese government officials.

Michael Kors Shares Plunge

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Michael Kors posted its first sales decline as a public company, helping send the accessories brand’s stock down 21% in morning trading, even as its profit grew during the most recent quarter.

Auction of GE's Private-Equity Loan Business Nears Conclusion

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The auction of General Electric Co.’s business that lends money for private-equity buyouts is nearing a climax, with several bidders expected to submit final-round offers Thursday.

Ahold Emptying Till To Defend Market Share

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Ahold’s profitability is falling despite increasing sales. The price of defending its market share against discounters is unlikely to get much cheaper in the tie-up with Delhaize.

U.S. Funds Look to Japan for Cash

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Japan is loosening rules on pensions, drawing interest from U.S. investment managers who want to look after a slice of the country’s trillions of dollars of retirement money.

What's Hot in the Art World? Algorithms

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Dealers in digital art are amassing algorithms, the computerized formulas that automate processes from stock-market sales to social networks. But it’s a very abstract art form.

Sugar Falls to Six-Year Low on Expectations of Glut

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Raw sugar prices fell to their lowest in more than six years on Wednesday as traders anticipated more supply entering the global market.

McDonald's CEO Offers New Turnaround Details

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McDonald’s CEO Steve Easterbrook said the success of his plan to revive the fast-food giant will hinge on many small things—like how its restaurants cook burgers and buns. McDonald’s also said it plans to stop disclosing monthly sales figures beginning July 1.

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