News Headlines for May 12, 2017

New Uber blow as European legal adviser says service should be licensed like taxis

,Brookfield’s Bruce Flatt Takes A Contrarian View On Retail Armageddon

,Profits From Store-Branded Credit Cards Hide Depth of Retailers’ Troubles

,Top Azeri Bank Halts Foreign Debt Payments, Plans Restructuring

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,Housing Regulator Is Pushed to Crack Down on Sales of Foreclosed Properties