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Dollar Store Deal Is $556 Million Profit for Peltz, Icahn
Billionaires Nelson Peltz and Carl Icahn are finding there's real money to be made from penny pinchers. Peltz's Trian Fund Management LP earned an estimated $368 million on its investment in Family Dollar Stores Inc. (FDO:US), which Dollar Tree Inc.
Dollar Tree to buy Family Dollar for $8.5B  Chicago Tribune
Family Dollar: No plans to move workers now, but maybe later  The State
Boston Herald   Related articles »  
Southwest to Be Fined Over Repairs
A Southwest Airlines Boeing 737 preparing to land at Love Field in Dallas. The F.A.A. is proposing a $12 million fine against Southwest for repair violations.
FAA proposes $12 million fine against Southwest for repairs  Fox News
Southwest faces a $12m safety fine  Boston Globe
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Zillow deal to buy Trulia creates real estate digital ad juggernaut
A specialist works at the post that handles Trulia on the floor of the New York Stock Exchange. Trulia's stock jumped after Zillow said it planned to buy the company for $3.5 billion.
Zillow buying Trulia to build online real estate titan  Houston Chronicle
Zillow and Trulia Combine: Bloomberg West (07/28)  Bloomberg
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Bribery probe costs Smith & Wesson $2m
The Springfield gun maker Smith & Wesson Holding Corp. has agreed to pay $2 million to settle civil charges by federal regulators that it bribed foreign officials to sell firearms in other countries.
Smith & Wesson hit for overseas bribes  CNNMoney
Regulators hit Smith & Wesson with 'bribery' penalty  The Times (subscription)
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Most Asian Stocks Gain as Bonds Drop With Oil Before Fed
Most Asian stocks rose, with benchmark gauges in South Korea and Hong Kong heading for multi-year highs, while bonds followed U.S.
Asia stocks at 6-year high rise for third day ahead of Fed meeting  The Malay Mail Online
US Stocks Little Changed on Mergers, Data Before Fed  Businessweek
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Good News and Gloom for Medicare, Wrapped in a Mystery
Medicare got some good news Monday, when the trustees who oversee its finances announced that the fund that pays for hospital care will remain solvent until 2030, four years longer than its forecast from last year.
78000 Ohioans save more than $581M on prescriptions  Dayton Daily News
Coats: Congress shouldn't wait to fix programs  KPCnews.com
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San Bruno alleges misconduct, seeks removal of CPUC president
San Bruno city officials want the CPUC president to be removed from office, alleging that emails show "illegal and illicit" private talks with PG&E.
San Bruno alleges misconduct by regulator in PG&E explosion case  Los Angeles Times
Chief of California Public Utilities Commission Should Resign: San Bruno Mayor  NBC Bay Area
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Darden CEO steps down amid food fight with investors
(Reuters) - Darden Restaurants Inc's food fight with activist investors Barington Capital Group LP and Starboard Value LP entered a new phase on Monday, when the company said Clarence Otis would step down as chairman and chief executive officer.
With Sale of Red Lobster Complete, CEO of Darden to Step Down  New York Times
Darden CEO Clarence Otis stepping down  USA TODAY
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A third of Americans delinquent on debt
More than a third of the country is in trouble when it comes to paying debts on time; 35% of Americans have debt in collections, according to a study out Tuesday from the Urban Institute, which analyzed the credit files of 7 million Americans.
Study: 35 percent in US facing debt collectors  seattlepi.com
Past-due debt prevalent across US, with South the highest  Sacramento Bee
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Court orders Russia to pay $50 billion for seizing Yukos assets
MOSCOW/LONDON/AMSTERDAM (Reuters) - An international arbitration court ruled on Monday that Russia must pay $50 billion for expropriating the assets of Yukos, the former oil giant whose ex-owner Mikhail Khodorkovsky fell foul of the Kremlin.
$50 Billion Awarded in Breakup of Yukos  New York Times
Tribunal awards Yukos shareholders $53 billion for illegal seizure by Kremlin  Sydney Morning Herald
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