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June 29, 2016

WASHINGTON — Ikea is recalling 29 million chests and dressers that can easily tip over and trap children underneath. Six children have been killed and three dozen others injured, and federal safety officials on Tuesday urged consumers to take immediate action.

The Swedish retailer announced…


Volkswagen reaches $14.7 billion emissions settlement

June 28, 2016

SAN FRANCISCO — Volkswagen would repair or buy back polluting diesel vehicles and pay each owner as much as $10,000 under a $14.7 billion deal the car maker has reached to settle lawsuits stemming from its emissions cheating scandal, a person briefed on the settlement talks said Monday.

The…


More small firms reach customers via texts

June 27, 2016

NEW YORK — People who want to get in touch with small businesses more and more are using texts or online chats rather than emails or phone calls.

Company owners are responding in kind, communicating more on the fly and in short bursts. They're finding that texting, online chatting and…


Global stocks tumble after Britain votes to leave the EU

June 25, 2016

NEW YORK — Stocks plunged in the U.S. and worldwide Friday after Britain voted to leave the European Union. The result stunned investors, who reacted by rushing to the safety of gold and U.S. government bonds as they wondered what will come next for Britain, Europe and the global economy.

U.S.…