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Parker-Hannifin Corp., maker of motion-control technology for planes and factories, isn’t a household name. But at $20 billion, its market value is bigger than that of Nordstrom, Harley-Davidson, and TripAdvisor combined. Founded in 1917 in Cleveland
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A Bicycle Built for Many
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In Brief
• Germany risks recession in the third quarter amid weak corporate earnings and lackluster industrial output, the country’s central bank warned. The government is studying stimulus measures to boost the economy in case of a downturn, people familiar