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Talks Stall Between Abercrombie, Potential Buyers Abercrombie & Fitch’s efforts to sell itself have stalled, leaving the struggling retailer to continue trying to right its business on its own. Facebook Again Cuts Price of Oculus Rift VR Headset Facebook for the second time in 2017 is slashing the price of its Oculus Rift to jump-start […]

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Fox News Holds On to No. 1 as MSNBC Surges Turmoil from sexual-harassment scandals led to high-profile exits and raised the prospect that Fox News’s dominance in cable news could be in jeopardy. But, while Fox may be looking over its shoulder more at rivals CNN and MSNBC, it has kept its hold on No. […]

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The Game So Addictive Its Maker Had to Rein It In An English-language version of Tencent’s role-playing fantasy smartphone game “Honor of Kings,” a huge hit in China, is being developed for U.S. release as early as this fall. Wall Street Cash Pumps Up Oil Production Even as Prices Sag Easy Wall Street funding is […]

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U.S. Added 222,000 Jobs in June; Wages Inched Up U.S. employers picked up their pace of hiring in June, a sign of enduring labor market growth. Nonfarm payrolls rose 222,000 from the prior month. The jobless rate ticked up to 4.4% from 4.3% as more people joined the workforce. Buffett's Berkshire Signs Deal to Buy […]

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QVC to Acquire Rival HSN for More Than $2 Billion Two longtime rivals, QVC and the Home Shopping Network, have agreed to merge as two businesses built around selling over television seek to combat the rise of online shopping. ECB Officials Considered Dropping a Pledge to Accelerate QE at June Meeting European Central Bank policy […]

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Volvo to Switch to Electric, in First for Major Auto Firm Volvo will become the first major auto maker to abandon the conventional car engine—technology that has powered the industry for more than a century. All new Volvo models from 2019 would be either fully electric or a hybrid. Fed Eyes September Announcement on Balance-Sheet […]

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Inflation in G-20 Economies Eases for Fourth Straight Month Inflation in the Group of 20 largest economies, which account for most of the world’s economic activity, fell for the fourth straight month in May to its lowest level since August 2016, the Organization for Economic Cooperation and Development said. Clariant, Huntsman Deal Under Threat From […]

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U.S. Car Makers Report Sharp Declines in Sales Detroit’s car companies reported deep sales declines in June, capping a bumpy first half of the year for the U.S. auto industry and setting a bleak tone for the summer selling season. Samsung Heir's Trial Rides on Alleged Horse-Trading Deal An $18.6 million equestrian agreement Samsung signed […]

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Why You'd Want to Build a Skyscraper Like an iPhone A wave of interest in modular design and building from tech-focused startups may finally bring down costs and lift productivity in the construction industry. A Wrinkle in Japan's Retire-at-60 Rule: Workers Who Don't Quit Japanese companies are rethinking their retirement policies, allowing people like 85-year-old […]

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Europe Is Becoming a Bigger Problem for Silicon Valley Recent decisions against companies including Google and Facebook are highlighting a divide between U.S. and European regulators, who have sought to protect industries and consumers from tech giants’ practices. 'Spider-Man:' A $175 Million Commercial for Disney Toys “Spider-Man: Homecoming” brings two of Hollywood’s biggest competitors together […]

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