Steep Losses at Carlyle Commodity Hedge-Fund Firm

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Private-equity firm Carlyle Group has split with the founders of its Vermillion commodity hedge-fund firm after its flagship fund shrank from $2 billion to less than $50 million in assets.

Riots-to-Riches Trading in China's Markets

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After nearly 25 years of turbulent action that has elated and infuriated investors, China’s stock markets remain much as they were when they opened in 1990. Beijing calls the shots.

Honda Motor Profit Driven Higher by SUV Sales

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Honda’s first-quarter profit rose 19.6% from a year earlier, aided by a weaker yen and strong sales of sport-utility vehicles in the U.S. and China.

ECB Will Welcome Higher Core Inflation

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The ECB is watching closely for a turning point in eurozone inflation. July’s data mark a step closer.

UPS Confirms Coyote Logistics Purchase

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United Parcel Service agreed to buy Coyote Logistics, which provides transportation and shipping services, for $1.8 billion.

U.S. Employment Costs Rise 0.2% in Second Quarter

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U.S. labor costs rose at the slowest pace in at least three decades in the spring, a sign of persistently sluggish wage growth that could weigh on the Federal Reserve’s decision to raise short-term interest rates.

New Question for Law Grads: When Is a Job Not a Job?

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Some law schools have been paying to place graduates in positions, giving them a boost in a national ranking. But the American Bar Association is tightening the rules on how such positions are counted.

Lloyds Can Bank on Green Light for Payouts

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U.K. regulators look set to give banks a looser rein than many thought—at least when it comes to returning cash to shareholders.

Sharp to Explore Options for LCD Panel Business

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The Japanese electronics company said it would seek external help to prop up its LCD panel-making business and plans to quit selling televisions in the U.S. and much of the rest of North and South America.

Global Stocks Edge Lower

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Global stocks fell slightly Friday, but European and U.S. markets were still on course for monthly gains.

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