Alaska wins antitrust approval for Virgin deal with condition

WASHINGTON (Reuters) – Alaska Air Group Inc has won U.S. antitrust approval for its $2.6 billion acquisition of Virgin America Inc on condition that it scale back its code-sharing with American Airlines Group Inc , the Justice Department said on Tuesday.

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Alaska wins antitrust approval for Virgin deal with condition

Philip Morris seeks U.S. approval to market alternative cigarette

(Reuters) – Philip Morris International Inc filed a much-awaited U.S. application to market a new type of cigarette that heats rather than burns tobacco and may carry fewer health risks.

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Philip Morris seeks U.S. approval to market alternative cigarette

Blackstone’s Schwarzman is bullish on Trump regulatory overhaul

(Reuters) – Blackstone Group LP Chairman and CEO Steve Schwarzman said on Tuesday he expected to see a “very substantial reversal of regulations of all types,” for the financial sector, following Donald Trump’s U.S. presidential election victory.

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Blackstone’s Schwarzman is bullish on Trump regulatory overhaul

U.S. Supreme Court backs Samsung in smartphone fight with Apple

(Reuters) – The U.S. Supreme Court on Tuesday sided with Samsung in its big-money smartphone patent fight with Apple, throwing out an appeals court ruling that the South Korean company had to pay a $399 million penalty to its American rival for copying key iPhone designs.

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U.S. Supreme Court backs Samsung in smartphone fight with Apple

U.S. trade gap widens as exports of soybeans, other products drop

WASHINGTON (Reuters) – The U.S. trade deficit recorded its biggest increase in more than 1-1/2 years in October as exports of soybeans and other products fell, suggesting trade would be a drag on growth in the fourth quarter.

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U.S. trade gap widens as exports of soybeans, other products drop

Chipotle says new director slate due ‘shortly,’ recovery lags

LOS ANGELES (Reuters) – Chipotle Mexican Grill Inc , amid activist pressure to revamp its board and revive sales following last year’s string of food safety lapses, will “shortly” announce a new slate of directors, founder and co-chief executive Steve Ells said on Tuesday.

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Chipotle says new director slate due ‘shortly,’ recovery lags

A shift from yoga pants may leave Lululemon investors in a sweat

SAN FRANCISCO (Reuters) – Mutual funds that bought Lululemon Athletica’s stock in recent months may find themselves in a cold sweat if the retailer’s quarterly report on Wednesday shows strong signs that leggings and other yoga apparel are falling out of fashion.

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A shift from yoga pants may leave Lululemon investors in a sweat

House panel quizzes EPA on VW zero emission vehicle fund

WASHINGTON (Reuters) – A U.S. House panel on Tuesday questioned the Environmental Protection Agency’s diesel emissions settlement with Volkswagen AG , which requires the German automaker to invest $2 billion in zero emission vehicle efforts over 10 years.

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House panel quizzes EPA on VW zero emission vehicle fund

Wells Fargo expects short term profit hit from interest rates rise: CEO

(Reuters) – Wells Fargo & Co will see a near term profit hit because of the sharp rise in interest rates, Chief Executive Officer Tim Sloan said on Tuesday.

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Wells Fargo expects short term profit hit from interest rates rise: CEO

Not ‘As Seen on TV’: Snuggie maker sues Amazon.com

NEW YORK (Reuters) – Makers of the Snuggie blanket and other products sold mainly on TV have sued Amazon.com Inc , accusing the Internet retailer of trademark infringement for letting an “astronomical” number of counterfeit products to be sold through its website.

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Not ‘As Seen on TV’: Snuggie maker sues Amazon.com

Microsoft gains EU approval for $26 billion buy of LinkedIn

BRUSSELS (Reuters) – Microsoft won EU antitrust approval on Tuesday for its $26 billion bid for professional social network LinkedIn , its largest ever acquisition, after agreeing to a series of modest concessions.

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Microsoft gains EU approval for $26 billion buy of LinkedIn

JPMorgan CEO says bank may look to pay special dividend

NEW YORK (Reuters) – The stock of JPMorgan Chase & Co has been climbing so much that “at a certain price,” the company may consider issuing a special dividend to distribute excess capital rather than buying back additional stock, Chief Executive Jamie Dimon said on Tuesday.

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JPMorgan CEO says bank may look to pay special dividend

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