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US services sector activity accelerates in July

NEW YORK, July 28 (Reuters) - Activity in the U. S. services sector held at its highest level in 4-1/2 years in July, though readings for new business and...

Lloyds bank fined $370 million over Libor rigging

Britain's Lloyds Banking Group is to pay £218 million ($370 million, 276 million euros) in fines to British and US regulators for attempting to...

Foreign buyers fuel concerns amid Miami luxury condo boom

As construction cranes crowd the coastline and developers strive to lure wealthy international buyers with brand name towers and lavish amenities, there...

Chinese regulators 'visit Microsoft offices'

Officials from China's corporate regulator paid visits Monday to software giant Microsoft's offices in four cities in the country, Dow Jones...

It's all over but the arguing in Sterling trial

Only final arguments and a ruling remain in the trial to determine whether Donald Sterling's estranged wife can sell the Los Angeles Clippers to...

Argentina resumes negotiations to avert default

BUENOS AIRES, Argentina (AP) — Argentina's government is resuming negotiations in a dispute with US. creditors that risks sending the country...

Nissan Q1 profit exceeds expectations as US sales improve

Nissan Motor Co posted a 13.4 percent rise in April‑June operating profit from a year earlier as Japan's second‑biggest car maker saw...

Virgin America files for IPO

NEW YORK (AP) — Virgin America's next destination is Wall Street. The California‑based airline filed on Monday for an initial public offering of shares. Virgin America Inc., which operates...

Pfizer's need for deal looms larger with earnings report

Pfizer Inc's vulnerability to cheaper generics and its weak roster of experimental medicines will be on display Tuesday when the company reports...