Airlines Sue TSA Over Security Fees

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A group of airlines sued the U.S. government over new passenger-ticket security fees following months of squabbling over charges that came into effect last week.

Scripps, Journal Communications to Divvy Up Assets

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E.W. Scripps and Journal Communications struck a deal to put their newspaper operations into one company and their broadcast assets into another, following in the footsteps of rivals.

Sprint Tries a Facebook-Only Plan

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Sprint will soon let subscribers buy a wireless plan that only connects to Facebook, Twitter, Instagram or Pinterest for about $12 a month.

Cargill to Close Beef Plant Due to Tight Cattle Supplies

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Cargill Inc. said on Wednesday it is closing a Wisconsin beef plant that employs 600 workers, the latest example of how tight cattle supplies are roiling the meat business.

Nintendo's Difficulties Worsen

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Nintendo said its operating loss nearly doubled as the videogame maker faced sagging sales of its 3DS hand-held console.

Kering 1st-Half Profit Up 7% Despite Weakness at Gucci

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Kering SA said its first-half profit rose 7% on strong growth at some of its luxury brands, though a steep decline in sales at its flagship Gucci fashion house exposed how weakness in Asian markets is hitting luxury firms.

Lions Gate's CEO Paid $63.6 Million

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The CEO of movie studio Lions Gate Entertainment was paid $63.6 million for the fiscal year ended in March, according to a Securities and Exchange filing.

Whole Foods Again Lowers Sales View

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Whole Foods said third-quarter earnings rose 6%, but the specialty supermarket again lowered its sales projections for the fiscal year.

Telefónica Circles Mexican Rival

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Telefónica said it is in talks to buy a Mexican rival, reported to be Iusacell, in a deal that could be worth as much as $4 billion.

GM to Start Taking Crash Claims

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General Motors on Friday starts taking applications from victims of accidents involving defective ignition switches in its small cars, promising the first payouts from the about $400 million fund by November.

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