ConAgra Plans to Exit Private Brands

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ConAgra Foods said Tuesday it is exploring a divestiture of its struggling private-label business and will move to aggressively cut costs and shift its focus to its consumer and commercial brands.

Emirates Lands 388-Page Rebuttal of Subsidy Allegations

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Emirates Airline has submitted a 388-page document to the U.S. government that aims to rebut accusations by North American rivals that it is unfairly subsidized.

Uber France Executives Ordered to Stand Trial

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French prosecutors have ordered two top Uber executives to stand trial on charges they enabled nonprofessional drivers to operate illegal taxi services.

Pep Boys Puts Itself on the Block

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Pep Boys-Manny Moe & Jack is looking for a buyer, the auto-parts and services retailer said Tuesday.

Home-Price Growth Flattened in April

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Home prices slowed in April, according to a report released on Tuesday, highlighting that the housing recovery remains bumpy.

Young Fund Managers Lose Out in China Stock Rout

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In China’s market bust, rookie fund managers and their investors are among the biggest losers.

Greece Considers Last-Minute Attempt at Bailout Deal

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Greece’s government is considering a last-minute overture to its creditors in search of more favorable financing terms, as the country nears the expiry of its European bailout program and a likely default on an IMF loan repayments.

Cenovus to Sell Royalty Business

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Cenovus Energy agreed to sell its oil-and-gas royalty business to Ontario Teachers’ Pension Plan for about $2.7 billion.

Labor Department Expected to Expand Overtime Eligibility

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Millions more Americans who work in excess of 40 hours a week will qualify for overtime pay under a proposed rule the Labor Department is expected to unveil Tuesday.

GE Sells European Private-Equity Finance Unit to Japan's SMBC

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General Electric said it has agreed to sell its European private-equity finance business to Japan’s Sumitomo Mitsui Banking Corp. for about $2.2 billion.

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