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Glencore loss narrows; says worst of slump is over
LONDON--Commodities and mining group Glencore PLC reported a narrower first-half net loss and signaled that it is on track to significantly reduce its net debt by selling unwanted assets to weather the recent commodities turmoil.
Glencore Shares Fall After First-Half Income Tumbles 66%
Glencore steps up debt reduction plan  BBC News
Tulsa World  
Tesla punches up battery life, range and speed for new Model S, Model X
Tesla's new battery pack is all about going the distance, and going faster than any mass-produced car has ever gone. Tesla announced new versions of its Model S sedan and Model X crossover Tuesday, with substantially faster acceleration and longer ...
Here's How the New Teslas Stack Up Against Bugatti, Lamborghini, and Ferrari  Bloomberg
Tesla touts speed and driving range with new upgraded battery  Reuters
AstraZeneca Sells Part of Antibiotics Business to Pfizer for Up to $1.575 Billion
LONDON— AstraZeneca AZN -0.06 % PLC has agreed to sell part of its antibiotics business to Pfizer Inc. PFE 0.72 % for up to $1.575 billion plus royalties.
It didn't get the whole package, but Pfizer will pay $1.5B for AZ's ...  FierceBiotech
Pfizer to buy antibiotics business from AstraZeneca  Reuters
Qantas Soars to Record Profit as Pain Pays Dividend
SYDNEY—A first dividend payment in seven years marks a big turnaround for Qantas Airways Ltd. QAN 1.47 % , which as recently as 2014 had been selling terminals, deferring plane orders and laying off staff to stem losses from a bruising battle for ...
A Lesson for Qantas From Steve Jobs  Bloomberg
Qantas reinstates dividend, plans share buyback  MarketWatch
Berkeley sees a big drop in soda consumption after penny-per-ounce 'soda tax'
Can Americans tax themselves out of their obesity crisis? A new analysis of Berkeley's first-in-the-nation “soda tax” offers encouraging results about its power to change people's dietary habits.
Soda consumption falls in Berkeley after sugar tax  MarketWatch
Berkeley's Soda Tax Appears To Cut Consumption Of Sugary Drinks  WAMU 88.5
Tourism to Paris Slumps After Attacks, Strikes, Floods
PARIS - Fewer foreign tourists are visiting the Paris region after deadly attacks last year and a season of strikes, violent labor action and exceptional floods.
French Olympic athletes honored; Paris 2024 bid in mind  Washington Post
Tourists desert Paris in wake of Islamic State terror attacks, costing it $1b  The Australian Financial Review
As Energy Use Rises, Corporations Turn to Their Own Green Utility Sources
A worker helps install new solar panels at a First Solar plant outside Cholame, Calif. Apple will purchase the electricity generated by the plant to power its stores in California.
How business can drive energy access for all  GreenBiz
Why Tech Companies Want a Piece Of The Renewables Pie  CleanTechnica
Apollo Paid Itself Some Fees and Gave Itself Some Loans
Matt Levine is a Bloomberg View columnist. He was an editor of Dealbreaker, an investment banker at Goldman Sachs, a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz and a clerk for the U.S.
Apollo to pay $52M for misleading investors on fees  New York Post
Apollo Global settles securities case as SEC issues $53 million fine  The Boston Globe
Samsung, Tencent Surge in Race to Become Asia's Most Valuable Firm
Tencent Holdings tcehy and Samsung Electronics ssnlf are racing to be crowned Asia's most valuable company as expectations for robust earnings growth push their share prices to record highs.
Samsung soon to be crowned as Asia's most valuable company  Tribune
'They'll kill for it': Ramen has become the black-market currency in American ...
Boxes of Ramen noodles were among the last remaining dry goods on Sister Carmen Community Center shelves on Tuesday. By The Associated Press.
Cooking with ramen: Prisoners get creative  BBC News
Food has gotten so bad at one prison that inmates are using ramen noodles as ...  Business Insider