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Lockheed F-35 fighter shows off capabilities at UK air show

Lockheed Martin Corp's F-35 fighter jets made their first appearance at the world's largest military air show on Friday, in what U.S. and British generals described as part of …

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Lockheed F-35 fighter shows off capabilities at UK air show

Japan’s Orix buys U.S. housing tax credit syndicator: sources

Japanese financial services company Orix Corp has bought Boston Financial Investment Management, a U.S. money manager specialized in tax credit investments for low-income housing suppliers, two sources said on Saturday. Orix paid several hundred million dollars to buy Boston Financial

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Japan’s Orix buys U.S. housing tax credit syndicator: sources

Theranos CEO Holmes barred from operating lab for 2 years

(Reuters) – A U.S. health regulator has barred blood-testing company Theranos Inc's founder and CEO, Elizabeth Holmes, from operating a lab for at least two years, the latest blow for a company that is under scrutiny for the accuracy and quality of its tests. The Centers for Medicare & Medicaid Services (CMS)revoked a key certificate for the company's Newark, California lab, and terminated…

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Theranos CEO Holmes barred from operating lab for 2 years

Germany denies investigating Tesla over software updates

By Michael Nienaber and Rene Wagner BERLIN (Reuters) – Germany's Transport Ministry denied a media report on Friday that it was investigating Tesla Motors Inc for updating driving assistance software without informing authorities, but said it was “clarifying technical issues” on the matter. German magazine Der Spiegel reported, without citing a source, that there were indications Tesla uploaded new software features to a driving assistance system which had not been examined for

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Germany denies investigating Tesla over software updates

U.S. economy posts largest job gains in eight months in June

U.S. job growth surged in June as manufacturers and other employers boosted hiring, confirming the economy has regained speed after a first-quarter lull, but tepid wages suggested the Federal Reserve will probably not raise interest rates soon. The sign of strength in the economy, however, precedes Britain's stunning vote last month to leave the European Union. “For the Fed, this report is likely to offer some encouragement…

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U.S. economy posts largest job gains in eight months in June

France’s Danone to buy WhiteWave to boost U.S. business

France's Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods Co for $10.4 billion in its largest acquisition since 2007. The purchase will help Danone pursue affluent consumers by adding WhiteWave's popular health food offerings such as Silk almond milk, Earthbound Farm organic salad and Horizon organic milk to its lineup as it struggles in more challenging markets such as…

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France’s Danone to buy WhiteWave to boost U.S. business

Laptop in wreckage of Tesla Autopilot car: Florida investigators

Neither the laptop nor a DVD player also found in the vehicle was running after the crash, said Sergeant Kim Montes of the Florida Highway Patrol. Montes said investigators could not determine whether the driver was operating either at the time of the accident.

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Laptop in wreckage of Tesla Autopilot car: Florida investigators

Volkswagen to pay $86 million in penalties to California over emissions

By Alex Dobuzinskis LOS ANGELES (Reuters) – Volkswagen AG will pay an additional $86 million in penalties to California over its emissions scandal, on top of a settlement of about $15 billion the automaker reached with U.S. officials last week, state Attorney General Kamala Harris said in a statement on Thursday. The scandal has disrupted Volkswagen's global business and sullied its reputation. The office of Harris, a Democrat, said the $86 million in …

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Volkswagen to pay $86 million in penalties to California over emissions

Facebook faces U.S. tax exam over Ireland asset tranfer: lawsuit

(Reuters) – The U.S. Internal Revenue Service is examining Facebook Inc in connection with its transfer of various rights associated with its worldwide business to a holding company in Ireland, according to court papers. The U.S. Justice Department filed a lawsuit on Wednesday in federal court in San Francisco seeking to enforce IRS summonses served on Facebook and force the company to produce various documents as part of the agency's examination. (Reporting by Nate Raymond in New York; Editing

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Facebook faces U.S. tax exam over Ireland asset tranfer: lawsuit

Jobless claims, hiring data brighten U.S. labor market view

U.S. private payrolls increased more than expected in June as small businesses ramped up hiring, and fewer Americans applied for unemployment benefits last week, suggesting a rebound in job growth after May's paltry gains. Thursday's reports underscored the economy's strength and supported views that the United States would weather the impact of last month's British referendum to leave the European Union. “The labor market does not seem to be faltering.

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Jobless claims, hiring data brighten U.S. labor market view

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