Google unveiled a new tablet computer Wednesday called the Nexus 7 that rivals Amazon.com's popular Kindle Fire in both size and price.
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Xstrata and Glencore agreed to revise a key element of their landmark merger, shifting the focus now to whether Glencore is willing to sweeten the price to quell a shareholder rebellion over terms of the deal.
Wall Street gave Facebook a lukewarm reception with some analysts raving about the stock's prospects in new reports but several others offering less-enthusiastic assessments. The day's average target price: $37.71, or less than the IPO price.
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Italian auto maker Fiat is expected to boost its ownership of Chrysler to 61.9% from 58.5% as early as next week by purchasing shares held by a trust that provides health care for retired union workers.
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Comcast agreed to pay $800,000 to settle a Federal Communications Commission complaint that it didn't offer stand-alone Internet service to consumers as agreed when it acquired control of NBCUniversal.
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The FDA approved weight-loss drug Belviq made by Arena Pharmaceuticals, the first obesity medicine to be approved in more than a decade.
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Monsanto reported a 35% rise in quarterly profit on strong sales for its seeds business.
A former German banking executive was given 8½ years in jail after admitting to accepting $44 million in payments from Formula One mogul Bernie Ecclestone, stemming from a 2005 deal to sell a 50% stake in the motor-racing franchise.
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Running logistics for cost-conscious health care and pharmaceutical companies is proving a lucrative and growing business for parcel shipping companies including UPS, FedEx and DHL.
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T-Mobile USA's CEO Philipp Humm resigned, with plans to join an unnamed competitor of parent company Deutsche Telekom in Europe.
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Microsoft suffered a blow in its long-running battle with European Union regulators as Europe's second-highest court decided to only slightly reduce a 2008 European Commission fine.
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Latam Airlines, which began trading on Wednesday, joins a growing club of carriers that have cut through a thicket of regulations to merge across borders to chase the benefits of global consolidation.
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A new rule could force companies to disclose the gap between what they pay their CEO and their median pay for employees.
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Research In Motion is expected to report its first quarterly operating loss in more than seven years, with CEO Thorsten Heins updating investors on his turnaround efforts.
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Orders for long-lasting goods posted the first gain in three months in May, suggesting that the manufacturing sector stabilized a bit after an early spring slowdown.
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Small-business owners and CEOs are struggling to understand how one of the key elements of the health-care legislation affects their firms, according to a new survey by The Wall Street Journal and Vistage International.
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SEC official says firm's actions "read like the final exam in a graduate school course in how to operate a hedge fund unlawfully."
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Family films dominated the box office this weekend, with "Brave," the latest film from Pixar Animation Studios, capturing the top spot.
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While other consumer-products giants are focused on fast-growing economies overseas, Clorox CEO Don Knauss is betting heavily on the U.S. consumer.
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