US Business News

Robots Step Into Brewery, Bakery Roles

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ABB, Fanuc and other robot makers are finding that an increasing number of smaller businesses want to automate dirty, repetitious tasks. Robot sales historically have been driven by auto companies and electrical-and-electronics makers.

Late Rush Gives Hope to Retail

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American shoppers were on track to deliver a welcome Christmas gift to retailers: the best holiday sales growth in three years.

At Facebook, Boss Is a Dirty Word

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Facebook has embraced young workers and crafted management techniques that give them unusual freedom to choose, and change, assignments.

Japan Approves Novartis Psoriasis Drug

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Novartis has won approval in Japan for a new psoriasis drug, the first country to give the treatment a green light for commercialization.

Fossil Looks to Tap Swiss Luxury

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U.S. watchmaker Fossil hopes $1,595 timepieces will bridge the gap between mass market and high-end.

French Carpool Service Gains Traction

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Eight-year-old carpooling service BlaBlaCar is gaining on the back of Europe’s deteriorating public-transport and as a low-key and long-distance alternative to trains.

City Living Lures Tech Firms

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Google is one of many fast-growing employers eschewing suburban campuses for clusters in cities, partly in a push to foster collaboration among employees.

RadioShack's Problem: So Many Stores

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RadioShack has shut more stores in the past two months than the rest of the year, though it’s hard to tell the difference. The chain still has a heavy surplus of stores in many local markets.

A Decimated U.S. Industry Pulls Up Its Socks

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Sock manufacturing is making a modest comeback in the U.S., helped by more efficient machines, tepid wage growth and retailers’ desire to give more shelf space to U.S.-made products.

HeidelbergCement to Sell Assets

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Germany’s HeidelbergCement has agreed to sell operations in North America and the U.K. for $1.4 billion to a U.S. affiliate of Lone Star Funds.

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