Eli Lilly CEO to Retire

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Eli Lilly CEO John Lechleiter will retire at the end of the year, the company said Wednesday, capping nearly four decades at the pharmaceutical manufacturer and an eight-year tenure at its helm.

U.S. Pending Home Sales Edged Higher in June

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A measure of homes under contract for sale rose slightly in June, as ongoing job growth and low interest rates continued to support the U.S. housing market going into the second half of the year.

Coke's Revenue Slides as Soda Volume Declines

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Coca-Cola said revenue slid more than expected in the latest quarter on a decline in soda volume amid continued weakness abroad, particularly in developing markets. Overall volume was flat.

LeEco, the Chinese Company Behind the Vizio Deal, Defies Definition

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From content to hardware, LeEco has many tentacles—and an overriding interest to get into the U.S. market.

U.S. Durable Goods Orders Tumble 4.0% on Overseas Turmoil

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Demand for long-lasting factory goods fell sharply—4.0% in June—in a sign overseas turmoil is weighing on U.S. manufacturers. However, the decline was led by soft demand in the volatile civilian aircraft and defense sectors.

Mondelez Reports Higher Profit, Plans to Expand in China

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Mondelez International Inc. said its second-quarter earnings rose 14% with a boost from income generated by its interest in the snack maker’s former coffee business.

Fiat Chrysler Profit Jumps on Enhanced European Performance

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Fiat Chrysler Automobiles nudged up its full-year financial targets and reported a 25% rise in profit as the Italian-American car maker’s performance improved in Europe and held steady in North America.

Boeing Swings to Loss, but Results Still Top Views

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Boeing Co. swung to a loss in the latest period and slashed its earnings outlook for the year, hurt by large charges related to expensive setbacks with the production of its commercial and military jets.

LVMH Thrives on Selling Frenchness to Americans

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Few brands are as exposed to European tourism as Louis Vuitton. Given the recent slew of terrorist outbursts on the continent, which have made wealthy Asians and Americans more reluctant to travel there, parent group LVMH Moët Hennessy Louis Vuitton is showing surprising resilience.

How Deutsche Bank Is Carving Out Some SmallFreedoms

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Deutsche Bank is making progress on capital and costs but revenues struggle.

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