U.S. Auto Sales Speed Toward 17 Million

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Hot sales in May could put the U.S. auto industry well on its way to delivering 17 million new vehicles this year—a level unseen since 2001.

Hanergy Solar Bet Under Scrutiny

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When one of China’s richest men ventured into the solar business, he bet on the success of niche solar technology that few in the industry wanted. That gamble by Hanergy Chairman Li Hejun now is under unprecedented scrutiny.

U.S. Recovery Stumbles Yet Again

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The U.S. economy shrank during the first quarter as another brutal winter highlighted the fragility of the nearly six-year-old expansion, a historically choppy stretch during which the nation has struggled to thrive in an uneven global environment.

England's Bank Fines Are a Boon for a Happy Few

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U.K. officials are funneling more than $1 billion in Libor penalties to the Battle of Agincourt anniversary, a ‘therapeutic baker’ and other charities.

Fiat Reached Out to Rivals About Consolidation

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The auto maker’s chairman said it has made contact with multiple rivals to propose talks about industry consolidation.

Chip Makers Chase Deals Over Margin, Pricing Pressures

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Investors pressing for margin gains have triggered the new wave of consolidation in the semiconductor industry, figuring a savvy tie up can bring cost savings and fatter margins.

Europe's Economies Must Match Capital Market Progress

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Europe’s corporate bond market is booming, thanks to a rush of U.S. issuers. But efforts to wean European companies off bank financing need to look beyond markets.

Adjusting the Fed's View of Growth

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Upcoming adjustments to first-quarter GDP figures mean the Fed can look through the negative growth figure.

Google's Big Picture Is Blurry for Investors

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Google’s I/O conference showed why the Web giant remains relevant—but also why investors have a hard time valuing it.

Yahoo Japan Finds a Friend in Alibaba

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Yahoo Japan’s operational tie-up with Alibaba makes sense, and could portend a more serious relationship.

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