VW Is Told to Shed Suzuki Stake

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An international court has ordered Volkswagen of Germany to sell its nearly 20% stake in Suzuki, allowing the Japanese auto maker to extricate itself from the tie-up after a four-year struggle.

Fed Appears to Hold Line on Rate Plan

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Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

China's Next Problem: Paying for Its Stock-Market Bailout

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China will need to pay the cost of cleaning up its stock-market bailout.

Forget Biotech, Follow the Pharma Dividends

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Biotech stocks have long outperformed their big pharmaceutical counterparts. But that could change if the recent selloff persists.

Insurers Could Use More Calamity

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On the 10th anniversary of Hurricane Katrina, insurers are suffering from years of calm seas and low rates.

BNY Mellon ETF Bug Could Still Sting

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Bank of New York Mellon’s computer glitch may prove costly.

U.S. Port Traffic Hinted at China Slowdown

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Long before investors lost faith in the Chinese stock market, something seemed amiss at the ports of Long Beach and Los Angeles. The number of containers coming from China was up, but beginning in 2013, fewer were being sent in the other direction.

A 'Black Swan' Fund Makes $1 Billion

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Universa Hedge Fund, a well-known ‘black swan’ fund, made more than $1 billion in profits in one week amid volatility.

Puerto Rico Extends Deadline for Draft Restructuring

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Puerto Rico’s governor extended a Sunday deadline for a group of government officials to deliver a draft of a restructuring plan that is widely anticipated by investors.

Fed's Fischer: 'Good Reason' to Think U.S. Inflation Will Move Higher

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The Fed‘s Stanley Fischer said there is “good reason” to think sluggish U.S. inflation will firm and move back toward the U.S. central bank’s 2% annual target, touching on a significant assessment facing the Fed ahead of its September policy meeting.

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