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Telecom Italia to beef up Brazil unit's management to stem falling sales -sources

MILAN, July 28- Telecom Italia is to bolster its Brazilian unit with the addition of a chief operating officer to help revive sales and get the company in shape ahead of possible industry consolidation, two people with direct knowledge of the matter told Reuters. It will appoint Pietro Labriola, a long-standing Telecom Italia manager, to the new role at TIM...
Source: Reuters | By: Danilo Masoni
Puerto Rico default Q&A: 'Sell right now'

As another key debt payment date closes in, here's a primer on what you should know, and who it will impact the most ahead of this week's deadline.
Source: CNBC.com | By: Dawn Giel
Facebook's ascent has investors betting on more gains

NEW YORK, July 28- The big selloffs in shares of social media companies last quarter following weak results seem to be brushed under the carpet this earnings season as investors focus instead on the success of Facebook Inc.. The rapid ascent has made Facebook one of the ten largest S&P companies in terms of market capitalization, with the stock now worth more than...
Source: Reuters | By: Saqib Iqbal Ahmed
French farmers protest taps into freewheeling tradition

PARIS- Over the past week, French farmers have used tractors to block the border with Germany and chucked foreign vegetables off trucks in protest of cheap imports. They are protesting increasingly slim margins they blame on cheap imports and high social charges, which they say make them unable to compete against Germany, much less Eastern Europe.
Source: The Associated Press | By: By LORI HINNANT, Associated Press
What does sudden CFO exit mean for BofA?

The New York Times explores the environment at Bank of America that led to Thompson's departure and what lies ahead.
Source: The New York Times | By: Julie Creswell and Michael Corkery
What China's stock plunge means for US real estate

"Few assets offer the combination of relatively modest risk and high returns as U.S. real estate," a Zillow researcher says.
Source: CNBC.com | By: Diana Olick
My charts signal 5% stock drop: Technical analyst

The rising tide that swept the S&P 500 to a new closing high recently didn't lift all boats. That's a problem, says technical analyst Chris Johnson.
Source: CNBC.com | By: Matthew J. Belvedere
Why are these investors avoiding stocks in 401(k)s?

A stubborn subset of investors persists in ignoring the oft-repeated advice to diversify. But the number of extreme allocators is likely to diminish.
Source: CNBC.com | By: Kelley Holland
New York Gov. Cuomo announces new LaGuardia Airport

NEW YORK- A year after comparing New York's LaGuardia Airport to "some Third World Country," Vice President Joe Biden helped unveil an ambitious plan Monday to rebuild its collection of aging terminals into a modern, unified hub while easing congestion by doubling the space available for planes to operate. "I wish everything I said that was truthful but...
Source: The Associated Press | By: By DEEPTI HAJELA, Associated Press
SBA loans to resume after Congress raises lending limit

NEW YORK- Small businesses will soon be able to get loans approved again by the federal government. The House has passed and sent to President Barack Obama a bill raising the lending authority for the Small Business Administration's biggest loan program, known as the 7 program. The bill, approved earlier by the Senate, raises the lending limit to $23.5 billion.
Source: The Associated Press