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Japan shares slip, yen gains as uncertainty grips

SYDNEY Caution gripped Asian markets on Tuesday, sending the safe-haven yen scampering higher ahead of central bank meetings in the United States and Japan, while a fresh skid in oil dampened energy stocks.

Recent Business News

Wall St. expects big helping of earnings from restaurants

SAN FRANCISCO Wall Street is expecting a solid helping of earnings from McDonald's and other restaurant operators that are preparing to serve up quarterly results over the next few days.

6:32pm EDT

Buyout funds eye alliances for SABMiller's Pilsner, east Europe brands

LONDON/PRAGUE U.S. and European buyout funds are gearing up for SABMiller's sale of its central and eastern European beer brands, with some seeking to join forces to snap up assets worth up to 7 billion euros ($7.7 billion), sources familiar with the matter said.

8:30am EDT

Sprint says to be cash-flow positive next year, shares soar

Sprint Corp reported better-than-expected first-quarter revenue as big discounts attracted more postpaid subscribers, and the No. 4 U.S. wireless carrier said it expected to be cash flow positive next fiscal year after breaking even this year.

1:37pm EDT

Starbucks shuffles management as it rolls out new store concepts

Starbucks Corp on Monday said it was tweaking its management structure as part of a long-range growth strategy that includes opening new retail concepts, including upscale coffee shops and bakery outlets.

2:06pm EDT

Star Wars may propel U.S. toy industry to best year since '99: NPD

The Force is with the U.S. toy industry this year.

2:53pm EDT


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