Woman Cleared in Death Tied to GM Switch

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A Texas woman had her conviction for criminal negligent homicide set aside hours after General Motors confirmed the vehicle she was driving was among those recalled for a faulty ignition switch.

Panamanian Judge Orders Embargo on Carlos Slim Assets

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A Panamanian judge has ordered an embargo on the local assets of Mexican billionaire Carlos Slim’s infrastructure company in a legal dispute over a concession to build and operate a hydroelectric plant.

Honda Says It Underreported Serious Accidents

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Honda said it failed to report 1,729 death and injury incidents involving its vehicles to U.S. regulators in an 11-year period starting in July 2003.

Barnes & Noble to Offer 500,000 Signed Books

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Barnes & Noble said it will offer a total of 500,000 signed books from more than 100 authors during the key Black Friday sales war this weekend.

Yik Yak, Big in Schools, Is a Hit With Investors

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Yik Yak, the anonymous-messaging app that has spread rapidly across college campuses, was valued at between $300 million and $400 million in its latest funding round.

Did Saks Sell Itself Too Low?

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Saks’ flagship store in Manhattan has been appraised at $3.7 billion, well above what Hudson’s Bay paid to acquire the luxury retailer a year ago.

BT in Talks to Buy Telefónica U.K. Unit

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BT said it is in talks to buy Telefónica’s U.K. mobile business, O2, as the British telecom incumbent lays out its ambitions to be a fully fledged wireless operator in the U.K.’s converging telecom market.

Drone Flights Face FAA Hit

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Highly anticipated federal rules on commercial drones are expected to require operators to have a license and limit flights to daylight hours, below 400 feet and within sight of the person at the controls.

Samsung Considers Shuffling Top Ranks

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Samsung is considering a major leadership shake-up after a year that saw its profitability, market share and stock prices slide.

UTC CEO Abruptly Steps Down

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United Technologies disclosed the sudden retirement of Chief Executive Louis Chenevert and named Chief Financial Officer Gregory Hayes as his successor.

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