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  • Global pizza brands battle for Russia's far-flung regions July 21, 2017
    MOSCOW (Reuters) - Global pizza brands Domino's and Papa John's are preparing an assault on Russia's provinces, betting they can turn a profit far from Moscow as online card payments become more widespread and consumers get to know foreign brands better.
  • Democrats in Congress urge review of Amazon's Whole Foods bid July 21, 2017
    WASHINGTON (Reuters) - A group of Democrats in Congress, in a letter this week, urged the Department of Justice and the Federal Trade Commission to conduct a more in-depth review of online retailer Amazon's plan to buy grocer Whole Foods.
  • Alitalia gets some 10 non-binding offers for the airline: source July 21, 2017
    ROME (Reuters) - Struggling Italian airline has received about ten non-binding offers for the company, a source close to the matter said on Friday.
  • Wells Fargo ordered to pay $575,000, reinstate whistleblower July 21, 2017
    (Reuters) - The U.S. Department of Labor on Friday ordered Wells Fargo & Co to pay $575,000 and rehire a whistleblower the bank dismissed in September 2011 after the former employee raised concerns over the opening of customer accounts without their knowledge, the agency said in a statement.
  • Wall Street pares losses but GE-led industrials weigh July 21, 2017
    (Reuters) - U.S. stock indexes pared losses, helped by a rise in Visa in early afternoon trading on Friday, but weak earnings from industrial heavyweight General Electric weighed.
  • GE shares fall as profit slumps, investors await new CEO's targets July 21, 2017
    (Reuters) - General Electric Co's shares dropped sharply on Friday after it posted a 59-percent decline in second-quarter profit and put off an expected cut to 2018 earnings targets until November, when new CEO John Flannery will be four months into his job.
  • Hedge fund stung by unusual ruling over Sprint-Clearwire deal July 21, 2017
    WILMINGTON, Del (Reuters) - A Delaware judge ruled Friday that wireless carrier Clearwire Corp was sold in 2013 for more than twice its fair value, a decision that dealt a stinging loss to the Aurelius Capital Management hedge fund which spent years battling to prove Clearwire was vastly underpriced.
  • Ford to petition to avoid U.S. recall of 2.5 million vehicles July 21, 2017
    WASHINGTON, (Reuters) - Ford Motor Co will petition to avoid a U.S. recall of about 2.5 million vehicles with Takata air-bag inflators that the Japanese auto supplier declared defective last week, U.S. regulators and the automaker said Friday.
  • Crimean scandal prompts Siemens to retreat from Russian energy July 21, 2017
    FRANKFURT/MOSCOW (Reuters) - Germany's Siemens tried to distance itself from a Crimean sanctions scandal on Friday, halting deliveries of power equipment to Russian state-controlled customers and reviewing supply deals.
  • German carmakers may have colluded on diesel systems: Spiegel July 21, 2017
    FRANKFURT (Reuters) - Germany's carmakers VW , BMW, Audi, Porsche may have colluded to fix the prices of diesel emissions treatment systems using industry committees, German magazine Der Spiegel reported on Friday.