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The thousands of Elvis Presley fans descending on Memphis for the 30th anniversary of his death Aug. 16 won’t see much sign of it, but plans are moving along for big-time changes at Graceland.
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Rupert Murdoch edged closer to his goal of owning Wall Street Journal publisher Dow Jones & Co. late Tuesday as the board of his News Corp. media conglomerate signed off on the $5 billion deal, a person with knowledge of the matter said.
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General Motors Corp. ran its string of profitable quarters to three on Tuesday when it announced second-quarter net income of $891 million that came largely from overseas operations.
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Individuals took a shopping break in June, boosting their spending at the slowest pace in nine months as high gasoline prices and fallout from the housing slump made people think twice about buying.
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Stock futures rose Tuesday, as Wall Street prepared to extend its recovery on strong earnings from General Motors Corp. and Sun Microsystems Inc.
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