Pentagon Still Plans Long-Term F-35 Increase

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Plans by the U.S Air Force to trim its F-35 Joint Strike Fighter order this year won’t affect a planned long-term increase in output to make the plane more affordable, a senior Pentagon official said Wednesday.

Race Car Driver Scott Tucker Charged in Payday Loan Case

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Federal prosecutors charged race-car driver Scott Tucker and his attorney with running a payday lending operation that allegedly overcharged customers hundred of millions of dollars in undisclosed fees.

Walgreens Threatens to End Theranos Agreement

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The blood-testing firm got a 30-day deadline from Walgreens to resolve major infractions that violate the federal law governing clinical laboratories.

AB InBev Gets $2.9 Billion Offer for Europe Brands

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Anheuser-Busch InBev said it has received a binding offer valued at about $2.9 billion in cash from Japan’s Asahi Group Holdings for the Peroni and Grolsch brands.

Yellen Holds Interest-Rate Cards Close to Her Vest

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Fed Chairwoman Janet Yellen wisely refused to paint the Fed into a corner even as markets think odds of any further rate increases in 2016 are low.

Andreessen Horowitz Sells Some Lyft Shares to Prince Al-Waleed

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Two of the most prominent investors in ride-hailing service Lyft Inc. quietly sold $148 million in shares of the company in recent weeks, according to people familiar with the matter.

A.P. Moeller-Maersk Earnings Hit by 'Perfect Storm'

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A.P. Moeller-Maersk swung to a hefty fourth-quarter net loss as tumbling freight rates and sluggish trade growth hit its key shipping business, while its oil unit took a $2.5 billion charge.

Uber Gears Up for French Court Battle

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Two top executives at Uber will face criminal charges in France on Thursday, in an emblematic battle for the car hailing company in a market that is one of its biggest but also one of its most fraught.

KKR Learns Harsh Lesson From Energy Bets

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KKR learned that oil and debt don’t mix after falling commodity prices doomed two of its biggest investments: the multibillion-dollar buyouts of power producer TXU and oil explorer Samson Resources.

Pinewood Studios Owner Considers Sale

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Pinewood Group, owner of the British studio where the latest “Star Wars” as well as James Bond movies like “Spectre” and “Dr. No” were shot, said it is considering selling the business. The company’s share rose sharply.

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