U.S. Sues to Block AT&T Merger

The Justice Department filed a lawsuit challenging AT&T’s proposed acquisition of Time Warner, alleging the combination of the two companies poses an unlawful threat to competition that could raise prices and slow innovation.
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FCC to Outline Plan to Roll Back Rules on Net Neutrality

Regulators are expected to unveil plans for reversing Obama-era rules that require internet service providers to treat all web traffic equally, a move that could reshape the internet economy and consumers’ online experience.
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GE’s Woes Trigger a Major Board Shakeout

The struggles at GE will claim half of the industrial giant’s 18 directors, an unusual shakeout that shows the depths of the problems that developed on their watch.
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Tesla Plays the Long Game With Semi Truck

Elon Musk is taking on the commercial truck market with an approach that defies conventional expectations: all-electric vehicle capable of traveling for hundreds of miles on a single charge.
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Comcast Approached 21st Century Fox About an Acquisition

New suitors are circling 21st Century Fox, affirming that the media empire built by Rupert Murdoch is now in play. Comcast has approached the media company to express interest in buying a substantial piece of it. Verizon and Sony are also kicking the tires.
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Emerson to Increase Offer for Rockwell to $29 Billion

Emerson Electric plans to boost its takeover offer for Rockwell Automation, this time to $ 29 billion, ratcheting up an effort to bring its reluctant rival to the negotiating table.
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Airbus, Boeing Seal More Than $75 Billion in Orders

Airbus and Boeing secured more than $ 75 billion in single-aisle plane commitments, demonstrating unrelenting appetite for their most popular planes from discount carriers.
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Manufacturing Picks Up While Waiting for Trump’s Policy Promises

American manufacturing has improved during the year since Donald Trump’s election, despite a lack of promised policy changes aimed at lifting the sector’s fortunes.
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GE Cuts Dividend, Slashes Profit Goals Amid Restructuring

GE slashed its 2018 profit forecast and said it was cutting its dividend by half, as the 125-year-old industrial conglomerate seeks to preserve cash for a restructuring under new Chief Executive John Flannery that will focus on three core units.
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Smooth Sailing, No Streaming for Taylor Swift’s ‘Reputation’

Taylor Swift’s newest album sold more than 717,000 copies in the U.S. in its first day of release, putting the pop star on pace to potentially beat out week-one sales for her previous blockbuster effort.
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Merger Snag Stirs Tensions Over Trump-CNN Feud

The government denies politics is playing a role in its examination of AT&T’s acquisition of CNN parent Time Warner. But with the fate of the deal now in doubt, hostility between the Trump administration and network is a hot topic.
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Hasbro Sets Its Sights on Mattel

Hasbro has made a takeover offer for rival Mattel, according to people familiar with the matter, a potential combination that would put Barbie and G.I. Joe under the same roof.
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The Workplace After Weinstein: Harassment Claims Bring Rapid Changes

Sexual-misconduct claims in Hollywood and beyond, amplified by social media, have abruptly altered the corporate climate, prompting firms to scrutinize how employees work together.
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GE Dividend In Focus as Investors Await New Strategy

Investors and analysts are bracing themselves for a broad rethinking of how GE operates, including shedding business units, a dividend cut, and layoffs among GE’s nearly 300,000-person workforce.
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Nintendo’s Game Plan to Level Up Switch Production

Nintendo plans to pick up the production pace for its hit Switch game console next year, showing the company’s deepening confidence in the success of the device.
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Uber Suffers Setback as U.K. Court Rules Its Drivers Should Have Workers’ Rights

Uber Technologies suffered a setback in a British court when an appeals tribunal reaffirmed a decision that the company must give its drivers employee rights like paid vacations.
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Amazon Puts Whole Foods, Rapid-Delivery Businesses Under Veteran Executive

Amazon.com has consolidated its physical-retail and fast-delivery operations under Steve Kessel, a veteran lieutenant of CEO Jeff Bezos, as it integrates its new Whole Foods Market unit with related businesses.
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Department Stores Try Different Tacks to Weather Ecommerce

Macy’s focused on profit margins in the latest quarter, while Kohl’s sought to drive sales as the retailers contended with the rise of e-commerce. Macy’s posted a 6.1% decline in revenue, but profit more than doubled. Kohl’s revenue increased 0.1%, and earnings slipped.
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The $250 Billion in U.S.-China Trade Deals May Not Tally

On the surface, U.S.-China deals worth billions of dollars look like a win for America Inc. during President Donald Trump’s visit to Beijing. But there is a catch.
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Timing of AT&T-Time Warner Deal Closing ‘Now Uncertain’

A top AT&T executive warned that the company is unsure about the timing of its planned takeover of Time Warner, as the combination of the telecom and media giants faces extended antitrust review.
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Disney Approached 21st Century Fox to Buy Entertainment Assets

Walt Disney Co. recently held talks to purchase a large chunk of 21st Century Fox’s entertainment businesses, people close to the talks said, signaling Disney is serious about bolstering its TV operations and Rupert Murdoch is open to a restructuring of his empire.
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Disney Approached 21st Century Fox to Buy Entertainment Assets

Walt Disney Co. recently held talks to purchase a large chunk of 21st Century Fox’s entertainment businesses, people close to the talks said, signaling Disney is serious about bolstering its TV operations and Rupert Murdoch is open to a restructuring of his empire.
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Activist William Ackman Loses Bid for ADP Board Seats

William Ackman lost his bid for three seats on the board of Automatic Data Processing, the latest blow to the struggling activist investor as shareholders sided instead with management.
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Broadcom Proposes to Buy Qualcomm for Over $100 Billion

Broadcom launched a takeover bid for fellow chip maker Qualcomm in a cash-and-stock-deal worth over $ 100 billion.
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How the Sprint and T-Mobile Deal Collapsed, Again

During months of merger talks with T-Mobile US, Sprint Chairman Masayoshi Son sought a way to merge the two wireless rivals without really having to hand over the keys; in the end, nothing worked.
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As Economy Gains Strength, Companies Sell (and Spend) More

Profits are healthy at large U.S. companies, but earnings growth was pinched in the third quarter by higher materials and labor costs, as well as the impact of three major hurricanes on insurers.
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U.S. Considers Suit Against AT&T’s Deal for Time Warner

The Justice Department is laying the groundwork for a potential lawsuit challenging AT&T’s planned acquisition of Time Warner if the government and companies can’t agree on a settlement.
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Overexposure, Not Anthem Protests, Blamed for NFL’s Ratings Woes

Media executives are rallying around an explanation for the NFL’s declining TV ratings: too much football available in too many places. Meanwhile, there is no evidence of a red-state boycott over national anthem protests.
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Uber-SoftBank Deal in Jeopardy Over Spat About Kalanick’s Role

Uber effort to close a multibillion-dollar investment by SoftBank is on the rocks as co-founder Travis Kalanick tussles with fellow board members over the limits of his power at the ride-hailing giant, people familiar with the matter said.
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Samsung Electronics Shakes Up Leadership Lineup

Samsung Electronics shook up its senior ranks in a move that would replace all of its co-chief executives and strip its board chairman of any executive role for the first time as it looks to address concerns about a leadership vacuum at the top.
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Russian-Backed Facebook Accounts Organized Events on All Sides of Polarizing Issues

Workers behind Russian-linked Facebook accounts helped organize or finance real-life events, often working directly with U.S. activists and playing both sides of the same hot-button issues.
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GE Board Was Kept in the Dark About CEO’s Extra Plane

General Electric executives didn’t notify the company’s board until this month about its regular flying of a spare business jet for its CEO, and it didn’t tell directors that GE had received an internal complaint about the practice several years ago.
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Samsung Investors Expect Strong Earnings—and Answers

Samsung Electronics is expected to deliver all-time high quarterly profits next week, but investors are anxious amid a crisis in the company’s senior leadership ranks and no clear path to future growth.
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CVS, Aetna Plot $66 Billion Tie-Up

CVS Health is in talks to buy Aetna for more than $ 66 billion as the drugstore giant scrambles to fortify itself against looming competition from Amazon amid a continuing reordering of the health-care industry.
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Twitter Says It Overstated Users; Shares Jump as Loss Narrows

Twitter on Thursday said it overstated its number of users for the past three years, even as it reported better-than-expected user growth and a narrower loss, and raised its earnings forecast.
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Google and Cisco Strike Cloud Partnership

Google and Cisco Systems on Wednesday said they are combining their technology to help corporate customers more easily develop software for the cloud.
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WeWork Venture to Buy Lord & Taylor’s NYC Flagship Store

Real-estate startup WeWork has struck a deal to acquire Lord & Taylor’s flagship New York City store for $ 850 million, a move that will convert the landmark building into the startup’s headquarters next year.
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Kaspersky to Allow Review of Its Cybersecurity Software

Kaspersky Lab, the Moscow-based cybersecurity firm whose software U.S. officials suspect helped the Russian government spy on Americans, promised to make its source code available for an independent review.
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Fox Aware of O’Reilly Settlement at Contract Renewal

21st Century Fox knew of a settlement Bill O’Reilly had reached with a network analyst who had accused him of sexual harassment when the company renewed the star Fox News host’s contract, the company said Saturday.
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China’s Road to Electric-Car Domination Is Driven in Part by Batteries

Batteries have emerged as a critical front in China’s campaign to be the global leader in electric vehicles, but foreign auto makers and experts say it has set up the market to favor domestic suppliers.
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New GE Chief Slashes Forecasts, Plans to Exit $20 Billion in Businesses

GE’s quarterly earnings fell as it incurred hefty restructuring charges during CEO John Flannery’s first official quarter at the helm, and the new CEO pledged to exit more than $ 20 billion of the company’s businesses.
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Unilever, Nestlé Test Investor Patience With Slower Sales

Two of the world’s biggest consumer goods companies—both caught in investors’ crosshairs—reported another round of weak sales, ratcheting up pressure to accelerate promised turnarounds.
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Anthem to Launch Its Own Pharmacy-Benefit Manager

Anthem plans to launch its own pharmacy-benefit manager, serviced by CVS Health, in 2020 after the conclusion of its contract with Express Scripts.
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Insurers Brace for Drop in Enrollment Amid ACA Turmoil

With enrollment for Affordable Care Act health-insurance plans starting in just two weeks, insurers are bracing for a drop-off among consumers put off by higher rates, confusion about the law’s standing and a shorter window to choose coverage.
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Airbus Secures Canadian Wingman in Dogfight With Boeing

Airbus and Boeing typically slug it out at air shows and on factory floors but the rivalry took a different turn with the European group’s deal to take a majority stake in Bombardier’s CSeries jet project.
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Cutting Corporate Taxes Would Boost Workers’ Income, White House Says

Cutting the U.S. corporate tax rate from 35% to 20% would, “very conservatively,” boost average household income by $ 4,000 a year, White House economists say.
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Motion Picture Academy Expels Harvey Weinstein

Harvey Weinstein, the executive more affiliated with the Oscars than any producer in Hollywood, has been kicked out of the Academy of Motion Picture Arts and Sciences.
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PayPal’s Market Value Eclipses AmEx, Nears Morgan Stanley, Goldman

PayPal vaulted over American Express in terms of market value this week, punctuating a rally that has pushed up the payments company’s shares by nearly 75% since the start of 2017.
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Amazon Suspends Entertainment Chief Roy Price

Amazon suspended the head of its entertainment studio, Roy Price, in the wake of allegations of mismanagement and sexual harassment and criticism of his close business relationship with Harvey Weinstein.
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Beijing Pushes for a Direct Hand in China’s Big Tech Firms

The Chinese government is pushing some of its biggest tech companies—including Tencent, Weibo and a unit of Alibaba—to give the state a stake in them and a direct role in corporate decisions.
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Trump’s Nafta Goals:Dilute Pact’s Force, Loosen Regional Economic Bonds

The Trump administration’s proposals prompt a backlash from Mexico and Canada and from business groups in all three countries, casting new uncertainty over the talks as they resume in Washington.
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P&G Board Vote Is Too Close to Call

The most expensive proxy fight in U.S. history left Procter & Gamble’s shareholders evenly split over whether to put activist investor Nelson Peltz on the board.
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Weinstein Co. Board Fires Harvey Weinstein

The board of directors fired the co-chairman from the independent movie and television studio, citing allegations of sexual misconduct by one of the highest-profile producers in Hollywood.
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Amazon’s Search for Second Home Could Weigh on Seattle

Amazon’s decision to establish a second headquarters is going to make some North American city very happy once the online retail giant announces its choice next year. But it will likely be bad news for its current hometown.
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GE Shakes Up Leadership Under New CEO Flannery

General Electric said several of its top executives are leaving the company, in a high-profile shake-up of the conglomerate under new CEO John Flannery.
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Where Amazon Is Failing to Dominate: Hollywood

Amazon Studios has been stumbling when it comes to producing content that attracts audiences and buzz. It has alienated top producers and is struggling to redefine its strategy.
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Shale Juggernaut Shows Signs of Fatigue

American shale drillers, which defied expectations and upended traditional oil markets by increasing production in the face of lower prices, are finally showing signs of slowing down.
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EU Orders Recoup of $300 Million in Amazon Back Taxes

The European Union upped the stakes in its push to collect taxes from U.S. tech giants, pressing its cases against Amazon.com and Apple.
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Tesla Misses Model 3 Production Goals

Tesla badly missed its goal of building 1,500 Model 3 cars in the third quarter, only managing 260, in the first sign that the production ramp-up for the new sedan isn’t going as smoothly as planned.
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Google Plans to Help News Publishers Increase Subscriptions

Google is rolling out a package of policies and services to help news publishers increase subscriptions, a move likely to warm its icy relationship with some of the biggest critics of its power over the internet.
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Uber Ex-CEO Names Directors in Power Play

Uber’s ousted chief executive, Travis Kalanick, is appointing two new directors to the ride-hailing firm’s board in a surprise move that would bolster his clout as the company faces several critical decisions.
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New Ford Chief Is Ready to Start Tinkering

Jim Hackett, Ford’s new CEO, spent the summer touring the auto maker’s global operations, brainstorming with executives on new business concepts a visiting an electric car maker in Silicon Valley. Now, he is ready to start tinkering under the hood.
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Amazon Sells $1.6 Million in Whole Foods’ Products in First Month

The e-commerce giant delivered one of the first infusions of cash to the organic grocery chain through its site, providing Whole Foods with the potential for a new mass-market platform and new revenue.
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Kellogg CEO Bryant to Step Down

Kellogg CEO John Bryant is stepping down next week after nearly seven years leading the cereal-and-snack giant through a tumultuous time in the food industry.
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Apple iPhone X Production Woe Sparked by a Parts Imbalance

Apple Inc. hit a production snag with components crucial to its new iPhone X’s facial-recognition system, adding to concerns about extended shortages when sales begin early in November.
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Equifax CEO Smith to Exit Following Big Data Breach

Equifax Chief Executive Richard Smith is leaving the credit-reporting company after a massive data breach under his watch exposed the information of about 143 million Americans.
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Target to Boost Minimum Wages in Battle for Workers

Target said it is raising its minimum wage to $ 11 an hour starting next month and to $ 15 an hour within three years, as the retailer competes to fill low-wage jobs in a tighter labor market.
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Mashable Tests Notion that ‘Pivot to Video’ Leads to Digital-Media Riches

The company, known for its mix of technology and pop-culture stories, is exploring selling itself to an investor and has had extensive discussions with a German TV broadcaster, people familiar with the matter said.
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Facebook Abandons Plans to Change Share Structure, Avoiding Lawsuit

Facebook abruptly abandoned a plan to change its stock structure that would have given Mark Zuckerberg more control, the latest in a string of reversals by the social-media giant as it fends off controversies on several fronts.
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London Says It Won’t Reissue Uber’s License

The U.K. capital’s top transport authority said Uber was unfit to hold on to its private-car hire license in the city, threatening a shutdown of the service in one of the ride-hailing company’s biggest global markets.
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Amazon Puts Whole Foods on Fast Track to Conventional Supermarket

Whole Foods will change the way companies can sell and market their products beginning next year, banning “brand advocates” from stores and pushing sellers to pitch to the grocer’s Austin, Texas, headquarters.
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Toshiba Decides on Bain-Apple Group in Chip-Business Sale

Toshiba decided to sell its chip business to a Bain Capital-led group that includes Apple and Dell Technologies for more than $ 18 billion, although opposition to the deal remains.
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Toys ‘R’ Us, Once a Category Killer, Files for Bankruptcy

Toys ‘R’ Us, for decades the go-to spot for birthday and holiday gifts, filed for chapter 11 bankruptcy protection, undone by a hefty debt load and the rapid shift to online shopping.
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Northrop Grumman to Buy Orbital ATK for $7.8 Billion

Northrop Grumman said it agreed to buy Orbital ATK for $ 7.8 billion, as merger activity in the aerospace industry heats up.
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Toys ‘R’ Us Preparing for Potential Bankruptcy Filing Before Holidays

Toys ‘R’ Us could file for bankruptcy as soon as the next few weeks, as nervous suppliers have tightened terms for the retailer ahead of the crucial holiday selling season, according to people familiar with the matter.
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Facebook Gave Mueller More Details on Russian Ad Buys Than Congress

Facebook has handed over to special counsel Robert Mueller detailed records about the Russian ad purchases on its platform that go beyond what it shared with Congress, according to people familiar with the matter.
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Japan’s SoftBank Wants Big Chunk of Uber, But at Steep Discount

SoftBank Group is seeking a commanding stake in Uber Technologies, but the Japanese investor wants a steep discount.
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Up Next for the United Tech-Rockwell Tie-Up: The Antitrust Ordeal

Questions are emerging over how antitrust authorities will treat the deal between United Technologies and Rockwell Collins, amid a debate over whether the tie-up will drive up costs in the aerospace industry.
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Bain Signs Letter of Intent to Buy Toshiba’s Chip Business

Bain Capital signed a memorandum of understanding with Toshiba saying it intends to reach a deal to buy the Japanese conglomerate’s memory-chip business by the end of September, Toshiba said.
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DowDuPont to Change Breakup Plan

Two weeks after its formation, DowDuPont is altering its plan to splinter into three companies, a step that appears set to end the threat of a fight with as many as four activist investors.
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Teva Appoints New Chief Executive After Months of Speculation

Teva Pharmaceutical Industries named Kare Schultz as its new chief executive, ending months of speculation over who will lead the Israeli drug company.
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Airlines Mark Down Tickets in Irma-Affected Areas

Airlines capped prices on tickets departing from much of Florida and the Caribbean, after customers complained that seats on the few flights that remained ahead of Hurricane Irma were far more expensive than usual.
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Equifax Hack Leaves Consumers, Financial Firms Scrambling

Consumers, financial firms and regulators were scrambling to assess the damage the massive hack at Equifax could cause even as the credit-reporting company came under attack on multiple fronts for its handling of the cyberattack.
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Equifax Data Breach Potentially Affected 143 Million in U.S.

Credit-reporting firm Equifax said hackers gained access to personal information of about 143 million U.S. consumers, in one of the biggest and most threatening data breaches of recent years.
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Amazon Seeks Prime Location for $5 Billion Second HQ

Amazon plans to open a second headquarters somewhere in North America that will house up to 50,000 employees and cost $ 5 billion to build and operate.
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Airlines Cancel Flights as Irma Advances

Airlines are canceling flights in the Caribbean and offering waivers to passengers in Florida as Hurricane Irma picks up speed and intensity, disrupting air travel in the region for the second time in a month.
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United Technologies to Buy Rockwell Collins for $23 Billion

United Technologies reached a deal to buy airplane-parts maker Rockwell Collins for $ 23 billion, in the biggest aerospace deal in history.
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Steady Hiring Without Wage Gains Deepens Puzzle for Fed

An extended run of modest labor market gains this year has produced little acceleration in wage growth or inflation, underscoring a puzzle that complicates Federal Reserve policy decisions looming in the months ahead.
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Huawei Armed With New Chipset for iPhone Battle

The Chinese telecom giant’s Kirin 970 chip—with built-in artificial-intelligence capabilities—will power its next-generation smartphones in bid to match rivals Apple and Samsung.
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Nissan Seeks Spark From New Leaf

The car company will release a new version if its all-electric model this week, looking to persuade average customers to adopt next-generation vehicles.
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Americans Are Happier at Work, but Expect a Lot Less

For the first time since 2005, more than half of U.S. workers say they’re satisfied with their jobs. But data also suggest Americans have changing views of what makes a job good, after a decade of bruising job cuts, minimal raises and lean staffing.
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New Uber CEO Says Company Could Go Public in 18 Months

Uber’s new CEO, Dara Khosrowshahi, said he would start on Tuesday and aim for an IPO in as soon as 2019, setting the stage for what would be one of the most highly anticipated market debuts in memory.
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For New Uber CEO, Fresh Challenges Emerge

Even before he takes the job as Uber’s new chief executive, fresh challenges confront Expedia CEO Dara Khosrowshahi, with news of a federal bribery probe into Uber and public disagreement over how the board’s decision to hire him unfolded.
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Harvey’s Widespread Destruction Tests U.S. Shale

Tropical Storm Harvey has shut a significant portion of the state’s shale production, cutting off as much as 15% of U.S. oil supplies. Now, the big question is how quickly the sector can make a comeback.
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Uber Selects Expedia’s Khosrowshahi as New CEO

Uber Technologies has voted to appoint Expedia CEO Dara Khosrowshahi as its new CEO.
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Why Amazon Isn’t Ready for Prime Time in China

The American e-commerce giant hasn’t been able to increase its tiny share of the market as Chinese competitors offer many of the same perks without requiring a membership.
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Slowing SUV Sales Could Signal a Turn in the Market

As the summer car-buying season nears an end, the once-hot market for crossovers is showing signs of slowing down.
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Samsung Heir Gets Bribery Conviction, Five-Year Sentence

Lee Jae-yong was found guilty of bribing South Korea’s former president and sentenced to five years in prison for his role in a corruption scandal that brought down a government.
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Uber Racks Up Rides, Losses Amid Setbacks

Uber’s scandal-plagued year apparently hasn’t deterred ridership, though the ride-hailing company is still reporting heavy financial losses.
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WPP Sounds a Warning Signal on Consumer-Ad Spending; Shares Sink

WPP shares were off 10% after the world’s largest advertising company reported a steeper-than-expected slowdown in ad buying by consumer-goods companies, especially in North America.
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Chevron CEO’s Exit Reflects a Changing of the Guard for Big Oil

The departure of Chevron CEO John Watson underscores the dramatic shift under way at big oil companies as they adapt to a prolonged period of lower prices brought about by the U.S. shale boom.
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Great Wall Expresses Interest in Fiat Chrysler’s Jeep

Chinese auto maker Great Wall Motor said it is interested in acquiring Jeep, the profitable U.S. sport-utility-vehicle maker owned by Fiat Chrysler Automobiles.
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Sempra Energy Reaches Deal to Buy Oncor After Outbidding Berkshire

Sempra Energy has reached a deal to buy Oncor for $ 9.45 billion after swooping in to snatch the power-transmission company away from Warren Buffett’s Berkshire Hathaway.
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Samsung Investors Await Note 8 Launch and Scandal Verdict

For Samsung Electronics, the launch this week of a new smartphone and a court ruling for its detained de facto leader may offer closure and clarity for a company rocked by two scandals over the past year.
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Uber’s Kalanick Fires Back at Investor in Legal Battle

Uber’s former chief executive said Benchmark Capital is engaged in a personal attack that threatens to further damage the company and called for the legal dispute to be settled in arbitration.
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AT&T-Time Warner Deal, an Early Trump Target, Reaches Milestone

The government review of AT&T’s $ 85 billion takeover of Time Warner has reached an advanced stage, a significant milestone in a deal that was closely watched for signs of how the Trump administration would view large mergers.
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Wal-Mart Sales Rise as Retailer Dodges Industry Malaise

Wal-Mart Stores Inc. said sales rose in its latest quarter Thursday, showing that the world’s largest retailer continues to avoid the malaise that has hit some competitors, but it came at the expense of profits.
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CEOs Rethink Ties With White House

President Donald Trump’s response to the weekend violence in Charlottesville, Va., has sparked soul-searching in U.S. corporate boardrooms over whether they should keep working closely with the White House.
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Three CEOs Quit Trump Advisory Council After Charlottesville Violence

Merck’s Frazier, Intel’s Krzanich and Under Armour’s Plank resigned from a manufacturing-advisory council to the Trump administration in an apparent protest of the president’s failure to quickly condemn the white supremacists in Charlottesville, Va.
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Netflix Signs ‘Scandal’ Creator From ABC as Rivalry Intensifies

Netflix has recruited prolific television producer Shonda Rhimes, the creator of ABC hits such as “Scandal” and “Grey’s Anatomy,” the clearest sign yet of a race for talent between new and old entertainment industry giants.
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Group of Uber Investors Pushes Back Against Benchmark Capital

A legal feud between Uber Technologies’s co-founder and one of its biggest investors spiraled into a broader battle among shareholders that threatens to throw the world’s most highly valued startup into further turmoil.
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Hotels Targeted by Hackers Matching Pro-Kremlin Profile

Hackers matching the profile of a pro-Kremlin group managed to wrest at least partial control of wireless networks at several hotels across Europe last month, a cybersecurity firm said, exposing what it said appears to be an intelligence-gathering effort aimed at government and business travelers.
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Department Stores Slow Declines in Sales

Macy’s and Kohl’s reported second-quarter financial results Thursday that showed a slower decline in same-store sales from the beginning of the year, which followed a disappointing holiday season.
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Disney Unveils New Streaming Services

Walt Disney Co. said Tuesday it will launch a pair of video-streaming services in the next two years, ending a distribution deal with Netflix as it responds to the cord-cutting trend pressuring the cable industry.
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‘Gig Economy’ Companies Working Harder to Attract Employees

Companies such as Uber, Lyft and DoorDash that rely on part-time workers are offering richer benefits and perks to attract and retain workers amid a hot labor market.
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Tesla to Sell $1.5 Billion in Debt Amid Launch of Model 3

Tesla will sell $ 1.5 billion in senior notes amid the launch of its Model 3 sedan, a week after the Silicon Valley auto maker’s chief executive said it faces ‘manufacturing hell.’
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Energy Suppliers Find Fresh Lift From Offshore Wind

For energy-services companies, finding new revenue streams is crucial as oil and gas from onshore shale formations continue to flood the market—and a slew of suppliers is seeking to diversify into offshore wind.
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ADP Takes Swipe at Ackman, Setting Stage for a Fight

ADP launched a broadside against William Ackman in what is shaping up to be a nasty fight over the human-resource software giant’s leadership.
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Smoke, Then Fire: Uber Knowingly Leased Unsafe Cars to Drivers

Chasing breakneck growth, the ride-hailing giant bought Honda SUVs in Singapore subject to a recall. Then one caught fire, sparking a panic at the company. The episode, which wasn’t previously public knowledge, adds to the list of crises that unfolded at Uber on the watch of former Chief Executive Travis Kalanick.
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Avon CEO to Step Down Amid Activist Investor Pressure

Avon said that Chief Executive Sheri McCoy will resign in March, as the company faces pressure from activist investors to make faster progress on its corporate turnaround plan.
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Mondelez CEO Rosenfeld to Step Down as Big Food Brands Struggle

Irene Rosenfeld is stepping down after 11 years as chief executive of Mondelez International, as the snack giant faces pressure to improve profitability amid an upheaval in the packaged food business.
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U.S. Auto Makers Report Steep Sales Declines in July

Sales for major U.S. auto makers sharply declined in July amid a modest slump in lease deals that have kept payments low, continuing an industry slowdown that has led to a glut of inventory on dealer lots and a spate of discounts.
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Discovery to Buy Scripps Networks for $11.9 Billion

Discovery Communications has agreed to acquire Scripps Networks in a deal valued at about $ 11.9 billion, combining two powerhouses of nonfiction television programming at a time of major upheaval in the cable-TV business.
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Apple Removes VPN Apps in Nod to China Censors

Apple is removing software from its app store in China that allowed users to circumvent the country’s internet filters, according to makers of the apps.
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Uber’s CEO Search Reaches New Degree of Difficulty

A multibillion-dollar investment offer by SoftBank is further complicating recruitment efforts at Uber that are already bogged down by legal challenges, a lack of direction and divisions over what the company needs in a leader.
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Sprint Proposes Merger With Charter Communications

Sprint Chairman Masayoshi Son is pursuing a full-blown merger of the wireless carrier with Charter that would create a media and communications giant.
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Trump Comments on U.S. Factories Make It Awkward for Apple

Thanks to comments made by President Donald Trump, Apple suddenly faces new pressure to build factories in the U.S.
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Amazon’s Expansion Costs Take a Toll

Amazon said quarterly profit fell 77% even as sales jumped, a sign of the high cost of its increasing dominance of retail. The company posted $ 197 million in profit as it spent on new warehouses, delivery capacity and data centers.
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Twitter Struggles to Add New Users, Sending Shares Down

Twitter reported its second quarterly decline in revenue since going public and showed no growth in users from the prior quarter.
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Glaxo Slashes R&D Projects to Focus on Top Prospects

GlaxoSmithKline axed more than 30 drug-research projects to focus on four key disease areas, in a push by new Chief Executive Emma Walmsley to sharpen the company’s research-and-development operations.
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Ford Shows It Can Weather U.S. Auto Market Slowdown

Ford’s new chief executive is starting his tenure with the wind at his back, lifting its earnings outlook for the year in a move that helps address concerns about the company’s ability to weather softer conditions in the U.S. market.
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Boeing Boosts Its Profit Forecast After Strong Quarter

Boeing raised its full-year profit guidance and in a sign of confidence, outlined plans to pay billions of dollars in pension liabilities ahead of schedule.
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Michael Kors Shops for Glamour, Buys Jimmy Choo for $1.2 Billion

Luxury-fashion company Michael Kors has reached a deal to buy Jimmy Choo for $ 1.17 billion, giving it a new avenue for growth as its core handbag market slows.
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KKR to Buy WebMD in $2.8 Billion Deal

KKR has reached a deal to buy WebMD Health Corp. for $ 2.8 billion. The New York-based health-information provider had been running an auction after publicly putting itself in play earlier this year.
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Canadian Wildfires Choke Lumber Supply to U.S. Home Builders

Wildfires in Canada are making lumber harder to find for U.S. home builders.
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Lyft Shifts Gears With New Driverless-Car Division

Lyft said it is forming its own autonomous-car development division, hiring hundreds of engineers for it and opening a new office in the heart of Silicon Valley.
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Norway Takes Lead in Race to Build Autonomous Cargo Ships

Two Norwegian companies are taking the lead in the race to build the world’s first crewless, autonomously operated electric ship, an advance that could mark a turning point in seaborne trade.
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Boeing, Flying High, Stays the Course on Job Cuts

Boeing Co. presses forward with efficiency push, cutting 6,000 staff or 4% of its workforce in the first half of 2017, its fastest pace in a decade, as its stock hits new records.
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GE Cuts Costs But Shares Tumble on Weak Profit Outlook

General Electric improved its cash flow and ramped up cost cutting efforts—two areas of investor focus—in Chief Executive Jeff Immelt’s last quarter at the helm.
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PepsiCo CEO Picks a No. 2, but No ‘Heir Apparent’

PepsiCo’s longtime leader Indra Nooyi is promoting one of her lieutenants to serve as the company’s president, filling a No. 2 role that has been vacant for nearly three years and shuffling around her potential successors.
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Spice Maker McCormick Adds French’s Mustard to Its Shelf

McCormick said it agreed to acquire Reckitt Benckiser’s food division, whose brands include French’s mustard, for $ 4.2 billion, the latest in a wave of deal activity in packaged foods.
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Netflix Surprises With Big Subscriber Gains, Shares Soar

Netflix blew through its estimate for subscriber growth in the second quarter, adding 5.2 million users, as the streaming giant showed it is thriving in a hotly-competitive market for internet television.
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Peltz Launches Proxy Fight Against P&G

Investor Nelson Peltz has launched a fight for a board seat at Procter & Gamble, in an effort to jolt the consumer-products giant whose sales and profit growth stalled, the company said.
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New Jets Threaten Airbus and Boeing Duopoly

The nearly two-decade global dominance by Airbus and Boeing of the so-called single-aisle airliner market is threatened by three new competitors from China, Russia and Canada.
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The New Hot Office Market: Central New Jersey?

Less expensive office space and swank upgrades spur leasing in midstate New Jersey market.
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Apple Tests the Faithful

Rumors that Apple’s new iPhone will arrive late—and at a much higher price—complicates Wall Street’s hopes for a “supercycle.” Apple’s faithful will likely go along, but will the mass market?
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Lift in Demand Fuels Hopes Trucking Has Turned the Corner

With trucking and logistics firms set to report earnings, improving freight demand could signal brighter days ahead for transportation companies—if they can persuade retailers and manufacturers to pay more for shipping.
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Uber Rival Grab in Talks for Up to $2 Billion From SoftBank, China’s Didi

Uber’s biggest rival in Southeast Asia, GrabTaxi, is raising more money to battle Uber in the region—as much as $ 2 billion from Japan’s SoftBank and Chinese ride-hailing company Didi Chuxing.
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No More Napping on the Railroad, Says New CSX Boss

Hunter Harrison, the new CSX chief, is promising to jolt the company’s culture and implement tighter schedules, faster trains and less downtime. One casualty of the new plan: napping breaks.
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Car-Sharing Companies Hit Speed Bumps as Ride-Hailing Grows

America’s car-sharing industry is struggling as major operators scale back because of weak demand in certain cities, vandalism and competition from ride-hailing services.
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Uber Merges Russian Arm With Yandex.Taxi

Uber Technologies is combining its Russian operations with Yandex.Taxi, a rare retreat that shows the beleaguered San Francisco company’s willingness to withdraw from costly battles abroad.
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Miners Dig High to Hunt for the Most Valuable Diamonds

A looming global diamond shortage is driving a small band of adventurous miners to brave bone-chilling winds at the world’s highest mines to extract stones that are worth as much as 20 times the global average.
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Wanda to Lend Borrowed Billions to Sunac to Close Deal

Dalian Wanda’s sale of its theme parks and hotels to developer Sunac China Holdings has an unusual twist: Wanda is helping Sunac finance almost half of the deal.
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Higher Prices Boost PepsiCo Results

PepsiCo said its second-quarter sales and earnings rose as the beverage and snack maker continued to offset weak demand in North America with higher prices.
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Wanda’s Disney Dreams Are Frozen as It Retreats From Theme Parks

Dalian Wanda is selling control of its theme parks just a year after its chairman said they would do better than Disney’s attractions in China.
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Department Stores Are Starting to Discount Cosmetics

Desperate to get shoppers in the door, U.S. department stores have started to discount the one item they had long been able to sell at full price: cosmetics.
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Talks Stall Between Abercrombie, Potential Buyers

Abercrombie & Fitch’s efforts to sell itself have stalled, leaving the struggling retailer to continue trying to right its business on its own.
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Tesla’s Hong Kong Sales Gutted by Tax Change

Tesla’s sales in Hong Kong plummeted after authorities slashed a tax break for electric vehicles, demonstrating how sensitive the company’s performance can be to government incentive programs.
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China’s Cosco Agrees to Buy Shipping Rival OOCL

Chinese conglomerate Cosco Group has agreed in principle to buy smaller shipping rival Orient Overseas Container Line in deal that could be valued at around $ 6 billion.
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Fox News Holds On to No. 1 as MSNBC Surges

Turmoil from sexual-harassment scandals led to high-profile exits and raised the prospect that Fox News’s dominance in cable news could be in jeopardy. But, while Fox may be looking over its shoulder more at rivals CNN and MSNBC, it has kept its hold on No. 1.
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