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  • Wells Fargo hires new law firm to prepare CEO for Senate appearance
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    NEW YORK (Reuters) - Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of... Read more »
  • Take Five: World markets themes for the week ahead
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    LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. ... Read more »
  • Shorting volatility: Rising risks mean itchier trigger fingers
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    NEW YORK (Reuters) - A long stretch of low volatility for U.S. stocks has made betting on continued calm a popular and lucrative trade, but traders and strategists warn that risks to the trade have mounted, while the potential for profits has shrunk. ... Read more »
  • Exclusive: T-Mobile, Sprint close to agreeing on deal terms - sources
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    (Reuters) - T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp , people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers. ... Read more »
  • 'Unfit' Uber stripped of London license, CEO tweets 'pls work w/us'
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    LONDON (Reuters) - London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. ... Read more »
  • Brazil Supreme Court denies request to release JBS brothers
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    SAO PAULO (Reuters) - Brazil Supreme Court Justice Gilmar Mendes on Friday denied a request to release from jail Joesley and Wesley Batista, the brothers who control the world's largest meatpacker JBS SA. ... Read more »
  • Investor group seeks probe into SEC hack, urges data rules delay
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    WASHINGTON (Reuters) - A global investor group on Friday called for an independent investigation into a cyber breach at the U.S. Securities and Exchange Commission (SEC) and urged the regulator to delay new data-gathering rules until it could assure investors that its computer systems were secure. ... Read more »
  • Fed officials in muddle over permanent vs temporary inflation lull
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    OKLAHOMA CITY (Reuters) - Federal Reserve officials with competing views about inflation laid out on Friday the quandary facing U.S. policymakers as they wrestle over whether a recent dip in the pace of price increases is trivial, or the result of global forces that could permanently throw off the Fed's... Read more »
  • Native American tribe moves to dismiss Allergan patent case
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    (Reuters) - A Native American tribe holding patents for drugmaker Allergan Plc on Friday moved to dismiss a case brought by generic drug company Mylan NV challenging the patents. ... Read more »
  • Wall Street lukewarm on Chipotle's new 'queso' amid customer scorn
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    LOS ANGELES (Reuters) - Chipotle Mexican Grill Inc's new "queso" cheese sauce is going over better on Wall Street than on Twitter, where one person called it a "crime against cheese." ... Read more »