Why Macau's Turnaround Lacks Magic

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Chinese gambling hub Macau will remain a city of haves and have-nots.

U.S. Oil-Train Boom Is Ending

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The recent boom in oil transportation by rail in the U.S. is in decline, threatening what was once viewed as a sizable driver of growth for the railroad industry.

CFOs Turn to Outside Consultants as Challenges Mount

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Finance chiefs at companies including Baxter International, Northern Trust and Alaska Air are turning to outside consultants as they grapple with increasingly complex challenges ranging from shareholder activism to merger integration.

Henkel CEO Faces Task of Maintaining Pace Set by Predecessor

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Hans Van Bylen, the new CEO of Germany’s Henkel, a maker of industrial and household staples including detergent and glue, faces the challenge of maintaining the growth pace set by his predecessor without pushing his staff too hard.

BP Posts Loss of $2.25 Billion

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BP reported a second-quarter loss because of a multibillion-dollar charge relating to its 2010 Gulf of Mexico rig blowout and oil spill.

AB InBev Raises Offer for SABMiller

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Anheuser-Busch InBev raised its offer for rival brewer SABMiller, following a fall in the value of the British pound after the U.K. voted to leave the European Union.

China Wrestles With Wage Dilemma

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Rising worker pay in China is being blamed for factory shutdowns, but the government can’t keep a lid on pay without risking labor discontent.

Verizon Doubles Down on Media With Yahoo Deal

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Verizon’s planned acquisition of Yahoo deepens the nation’s largest wireless carrier’s investment in digital media but hands it a troubled company in need of restructuring.

Apple Taps Highly Regarded Executive to Oversee Car Project

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Apple has tapped a highly regarded senior executive who helped bring to market many of Apple’s signature products to oversee its fledgling automobile project, according to people familiar with the matter.

What the Democrats Mean for the Stock Market

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The rule of thumb that Republicans are better for investors and big business needs more nuance now.

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