Batista Unfazed by Reported Brazil Probe

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Brazilian entrepreneur Eike Batista on Friday said he isn't concerned about a reported criminal investigation into the collapse of his once-highflying oil company.

Newmont, Barrick Merger Talks Collapse

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Barrick Gold and Newmont Mining were in advanced talks this week over a deal that would have combined the world's two largest gold producers, but the talks broke down.

Volkswagen, Audi Consider Expansion Of China Plant

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Volkswagen and its luxury car arm Audi are considering a large expansion of the new manufacturing plant in Foshan in southern China that could include the launch of a new small SUV.

Judge: AMR Can't Cut Retiree Benefits

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A bankruptcy judge ruled that former American Airlines parent AMR Corp. doesn't have the unilateral right to terminate benefits to about 46,930 retirees.

Fish Farming Explores Deeper, Cleaner Waters

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Fish-farming companies are trying to guard against disease and expand production by trying new techniques, including the use of offshore structures akin to oil platforms.

Obama Extends Review of Pipeline Project

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The Obama administration is indefinitely extending its review of the Keystone XL pipeline, likely delaying a decision on the project until after November's U.S. midterm elections.

Auto Makers Hunt for Gains in China

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Beijing auto-show exhibits will be heavy with new, low-priced cars aimed at young, professional Chinese with an eye on the high life.

Airbnb Valued at $10 Billion

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A group led by private-equity firm TPG finalized an agreement to invest $450 million in Airbnb, valuing the home-rental site at $10 billion.

Verizon, AT&T May Face Bidding Limits in Spectrum Auction

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FCC Chairman Tom Wheeler said a portion of the high-quality wireless airwaves coming up soon for auction should be reserved for smaller carriers.

Google Hit by Expired R&D Tax Credit

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First-quarter corporate earnings are getting clipped after Congress allowed a key tax credit to expire at year-end. Google is among the latest to cite the expired research-and-development tax credit for affecting its financial results.

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