FCC Sets New Era of Internet Oversight

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The Federal Communications Commission voted to regulate Internet service like a public utility, expanding the U.S. government’s oversight of a once lightly regulated business.

Chinese Internet Giants Go Mobile

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China’s Internet giants are getting into the mobile game, developing their own app stores and mobile operating systems as they try to influence how consumers use smartphones.

Sprint CEO Claure Buys 5 Million Shares

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Sprint Chief Executive Marcelo Claure purchased more than 5 million shares of his company’s stock this week, less than a month after the company reported weak full-year results amid struggles to keep customers.

Former AIG CEO Benmosche Dies

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AIG said former Chief Executive Robert Benmosche died Friday after battling lung cancer since 2010.

Monster Beverage Shares Hit New High After Strong Results

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Monster Beverage traded at all-time highs Friday after the energy-drink maker logged its fourth-straight quarter of better-than-expected earnings.

Vivendi Sells Remaining Numericable-SFR Stake

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Vivendi SA Friday accepted a bid from cable billionaire Patrick Drahi to buy its remaining stake in French telecom company SFR, completing another asset sale at the former conglomerate that has slimmed itself down into a smaller media company.

Under Armour Looks to Get You Wired

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Athletic gear maker Under Armour has been investing in fitness apps, while looking ahead to a time when clothes themselves become a means to track movement and biorhythms.

RadioShack's Troubles Feed GameStop Growth Spurt

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GameStop is picking up about 163 RadioShack locations, boosting its Spring Mobile collection of AT&T cellphone sales outlets by about 50%.

Valero Energy Partners to Buy Subsidiaries for $671 Million

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Valero Energy Partners has agreed to acquire certain businesses from Valero Energy Corp. for $671 million in cash and stock.

Japan Post Eyes More Aggressive Investment

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Ahead of its multibillion-dollar listings this fall, Japan Post Holdings Co. plans to manage more aggressively the $1.7 trillion in savings held by its banking operation.

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