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EU Court Backs Intel's Appeal of 2009 Fine

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The European Union's highest court backed Intel's appeal of a $1.26 billion EU antitrust fine in 2009, referring the case back to a lower court and dealing a blow to an antitrust regulator that has taken a hard line on U.S. tech giants.

Gap to Close 200 Banana Republic, Gap Stores

Gap Inc., nodding to changing tastes among its shoppers, said it would close about 200 Banana Republic and Gap stores over the next three years, while opening about 270 Old Navy and Athleta locations.

Opioid Maker Bent Rules to Get Drug to Patients, Senate Report Says

A Senate panel's report provides details on the operation of the Insys Reimbursement Center, tasked with helping secure authorization from insurers for prescriptions of Subsys, an inhaled form of fentanyl.

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Airlines Slash Flight Schedules as Irma Nears

Airlines are scrubbing scheduled flights to and from Florida as Hurricane Irma bears down on the state.

Hurricanes, Fare War Dent Airline Earnings

United Continental said its expects unit revenue to decline more than expected in the third quarter, as the impact of Hurricane Harvey and a fare war weigh on airline earnings.

T-Mobile Offers Free Netflix to Lure New Customers

T-Mobile US said it would offer free access to Netflix's streaming-video service to subscribers on its family plans, the carrier's latest bid to lure wireless customers away from its larger rivals.

Facebook Identifies $100,000 In Ad Spending By Fake Accounts With Suspected Ties to Russia

Facebook Inc. said it has identified about 500 "inauthentic" accounts responsible for $100,000 in advertising spending that it believes have ties to Russia, following a review of ad buying on the site in response to intelligence-community concerns about Russian activity during the 2016 election.

CFTC Charges Monex With $290 Million Precious-Metals Fraud

The Commodity Futures Trading Commission charged Monex with defrauding more than 3,000 customers of $290 million in one of the largest precious-metals fraud cases ever.

Sempra Gets Bankruptcy Court Approval of Oncor Deal

Sempra Energy took a step forward Wednesday in its pursuit of Oncor, the electricity transmissions business that has had takeover offers from a series of suitors, including Warren Buffett's Berkshire Hathaway Energy.

CSX Cuts Financial Targets After Summer Service Woes

CSX Corp. lowered some of its financial targets for the year after a summer of railway congestion and service woes as new CEO Hunter Harrison implements his precision railroading strategy.

(END) Dow Jones Newswires

September 06, 2017 17:15 ET (21:15 GMT)