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EBay to Spin Off PayPal Business

8 hours ago (Tue, 30 Sep 2014 21:36:20 EDT)

Coming competition in paying for everyday purchases with smartphones, including an aggressive entry from Apple, pushed online retailer eBay to reverse course and set free its PayPal unit.

Doctors Net Billions From Drug Firms

10 hours ago (Tue, 30 Sep 2014 19:52:11 EDT)

Drug and medical-device companies paid at least $3.5 billion to U.S. physicians and teaching hospitals during the final five months of last year.

'Made in USA' Spurs Lawsuits

7 hours ago (Tue, 30 Sep 2014 22:13:31 EDT)

Chinese nets and bolts ensnare Lifetime Products' basketball hoops in litigation over whether they qualify for "Made in USA" labeling.

Amazon.com, Disney Back at Peace

4 hours ago (Wed, 01 Oct 2014 02:04:43 EDT)

Amazon.com appears to be close to settling a nearly two-month dispute with Walt Disney during which the e-commerce giant stopped offering Disney DVDs for preorder.

Microsoft Offers Windows 10 Peek

3 hours ago (Wed, 01 Oct 2014 02:21:05 EDT)

Microsoft Corp. wants to give back to customers the Windows they loved. The company on Tuesday offered the first public peek at the next version of its flagship operating system.

Adidas Plans $1.9 Billion Buybacks

1 hour ago (Wed, 01 Oct 2014 05:08:32 EDT)

German sportswear giant Adidas is launching a shareholder return program in an effort to assuage disgruntled shareholders following a profit warning and dissatisfaction with the company's turnaround efforts in recent months.

A Chinese Fracking Bet Goes Wrong

7 hours ago (Tue, 30 Sep 2014 22:52:18 EDT)

The Bakken Shale formation has revolutionized North America's energy industry. But an early Chinese private-equity bet into Canada's side of the oil field has little to show for its investment.

FCC Makes Pitch for TV Stations' Spectrum

6 hours ago (Wed, 01 Oct 2014 00:00:06 EDT)

The Federal Communications Commission is adopting a hard-sell strategy for next year's spectrum incentive auction in an effort to entice reluctant broadcasters to participate.

Crude-by-Rail Proposals Spur Opposition

8 hours ago (Tue, 30 Sep 2014 21:25:06 EDT)

Oil companies and railroads have united to fight some proposed federal rules on oil-train safety after a year of pointing fingers at each other over explosive accidents.

EU Says Apple, Fiat Tax Deals Broke Rules

3 hours ago (Wed, 01 Oct 2014 02:13:26 EDT)

European Union regulators said they believe that tax deals granted to Apple in Ireland and Fiat in Luxembourg constitute illegal state support for the companies.

More Cable Companies Take TV Off Menu

8 hours ago (Tue, 30 Sep 2014 21:22:12 EDT)

Some cable companies, faced with rising costs for programming, are pulling the plug on TV service, focusing instead on Internet service. Others are dropping major groups of channels to manage their costs.

U.K. Regulator Investigates Tesco

2 hours ago (Wed, 01 Oct 2014 03:17:07 EDT)

The U.K. Financial Conduct Authority has notified Tesco that it has launched a full investigation into the U.K.-based supermarket's recent overstatement of expected profit for the half year.

Endo to Settle Vaginal Mesh Legal Claims

11 hours ago (Tue, 30 Sep 2014 19:01:40 EDT)

Endo International PLC said it reached agreements to settle substantially all of the claims concerning vaginal mesh products sold by its American Medical Systems Holding Inc. unit.

Bosses More Flexible About Relocation

4 hours ago (Wed, 01 Oct 2014 02:05:56 EDT)

Facing increased demand for critical C-suite players, many employers are trying harder to accommodate executives wary about a distant job.

General Mills to Cut More Jobs

3 hours ago (Wed, 01 Oct 2014 02:16:36 EDT)

General Mills said it would eliminate 700 to 800 salaried jobs, adding to a similar number of factory job cuts it announced recently as the maker of Wheaties cereal and Yoplait yogurt tries to cut costs amid flagging sales.

Wipe That Smog Off Your Face

5 hours ago (Wed, 01 Oct 2014 00:43:07 EDT)

The effects of air pollution on skin are the beauty industry's next frontier.

Australia Retail Sales Miss Expectations

1 hour ago (Wed, 01 Oct 2014 04:14:42 EDT)

Australian retail sales rose by less than expected in August, damping hopes of a recovery in consumer spending that is needed to support growth as a mining boom fades.

Zalando Trades 12% Above Issue Price

2 hours ago (Wed, 01 Oct 2014 03:54:27 EDT)

Online retailer Zalando made its debut on the stock exchange, trading 12% above its issue price after a much-awaited listing in Germany.

Enbridge Sees 2015 U.S. Pipeline Approval

12 hours ago (Tue, 30 Sep 2014 17:56:55 EDT)

Enbridge said it doesn't expect U.S. approval for an expansion of a cross-border pipeline until mid-2015, a year later than it previously planned.

Vivint IPO Prices at $16 a Share

9 hours ago (Tue, 30 Sep 2014 20:29:28 EDT)

Vivint Solar Inc.'s initial public offering priced at $16 a share, according to a person familiar with the offering, at the low end of expectations.

Chicago Airport Traffic Rebounding

9 hours ago (Tue, 30 Sep 2014 20:36:57 EDT)

Flights in and out of Chicago's two main commercial airports Tuesday climbed back to more than 80% of average volume over the past two months, while repairs continued at a damaged air-traffic center.

Suddenlink to Drop Viacom TV Channels

8 hours ago (Tue, 30 Sep 2014 21:58:20 EDT)

Suddenlink Communications, a cable operator with more than a million customers, says it will stop carrying Viacom's TV networks at midnight, and it has struck deals with replacement channels.

FCC Ends Sports Blackout Rule

6 hours ago (Wed, 01 Oct 2014 00:04:43 EDT)

The Federal Communications Commission voted to scrap the agency's 40-year-old ban on cable and satellite providers airing football games blacked out on local stations due to low attendance.

U.S. Oil Exports Climb

6 hours ago (Tue, 30 Sep 2014 23:17:48 EDT)

Conoco has started exporting oil from Alaska, the first such shipment in a decade, as sales of U.S. crude to foreign buyers continue to mount.

Four Bidders Vying for Revel Casino

15 hours ago (Tue, 30 Sep 2014 14:52:07 EDT)

An auction to sell Atlantic City, N.J.'s bankrupt Revel Casino Hotel is heating up, with four bidders circling amid a simmering dispute between Revel and lead bidder Glenn Straub.

News Corp to Buy Move Inc.

3 hours ago (Wed, 01 Oct 2014 03:07:16 EDT)

News Corp agreed to buy online real-estate listings business Move Inc. in an all-cash deal valued at about $950 million, expanding the media company's presence in the U.S. real-estate market.

FAA Orders Replacement of Pilot Displays on Boeing Jets

7 hours ago (Tue, 30 Sep 2014 22:37:05 EDT)

Federal regulators have ordered replacement of pilot displays on more than 1,300 Boeing jets to prevent possible interference from Wi-Fi devices used in cockpits.

Walgreen Profit Remains Pressured by Drug Price Miscalculation

16 hours ago (Tue, 30 Sep 2014 13:20:34 EDT)

Walgreen Co. continues to pay the price for a miscalculation in the pricing of generic prescription drugs.

New Balance Shoe Materials Aren't All U.S. Made

7 hours ago (Tue, 30 Sep 2014 22:12:00 EDT)

New Balance acknowledges that only about 70% of the value of its U.S.-made shoes reflects domestic content and labor.

5 Things to Watch in GM's Investor Meeting

14 hours ago (Tue, 30 Sep 2014 15:40:36 EDT)

Here are five things to expect General Motors' executives to address when the largest U.S. auto maker meets with Wall Street analysts on Oct. 1 to lay out a new financial and customer satisfaction strategy.