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Business News
VW CEO vows progress on costs after leadership struggle
FRANKFURT, Germany (AP) -- Volkswagen's CEO said the company is tackling its problems in the wake of a leadership struggle and promised progress on lowering costs and raising profitability....
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HSBC first quarter pretax profits up 4 percent
LONDON (AP) -- HSBC, Europe's biggest bank, says pretax profits were up 4 percent to $7.1 billion in the first quarter from a year earlier, even as it beat back increasing regulatory costs....
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Yellen says she met with analyst but meeting not linked
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen on Monday disclosed that she met with a financial analyst at the center of an investigation into a possible leak of confidential interest-rate information. But she says the meeting occurred several months before the private Fed discussions at issue took place, and dealt with general economic matters....
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Holcim and Lafarge will sell some assets to complete deal
NEW YORK (AP) -- Holcim and Lafarge have agreed to sell cement plants, distribution terminals and other assets in order to complete their merger, which will make the world's largest cement company....
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Airlines bring in more money from bag, reservations fees
U.S. airlines are earning billions, and they are collecting more in fees on checked bags and reservation changes....
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