Outside Board to Guide UCLA on Research Deals

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The University of California, Los Angeles plans to establish a nonprofit board that is independent from the university to help find funding and commercial applications for its research.

InterContinental to Run L.A. Hotel for Korean Air

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InterContinental Hotels Group won the rights to manage a 900-room hotel being built atop the Wilshire Grand Center in Los Angeles for owner Korean Air Lines.

In the Philippines, a Dream of Green City

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On land that once belonged to the largest American military base outside the U.S., Arnel Casanova envisages a new type of city for the Philippines.

In Germany, Amazon Keeps Unions at Bay

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German union Verdi is conducting a series of strikes against Amazon.com, but the online retailer has refused to bargain.

Pfizer Held Takeover Talks With Actavis

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Pfizer explored a potential tax-lowering takeover of rival Actavis in recent weeks, but talks between the two pharmaceutical companies have ended, according to a person familiar with the matter.

Cadillac Chases New York Glitz

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General Motors is moving Cadillac's headquarters to Manhattan as part of a broader reorganization aiming to cultivate a more fashionable image and establish its slumping luxury brand as a stand-alone business.

New Tax Rules to Slow, Not Halt, Inversion Deals

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The Obama administration's actions to tighten rules against corporate inversions should discourage such deals—at least temporarily—experts said. But many questioned how long any chilling effect would last.

Ackman Threatens to Sue Allergan

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Activist investor William Ackman threatend to sue Allergan if the Botox maker makes a deal to acquire Salix Pharmaceuticals.

CEO Steers Halliburton Through Controversy

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Boss Talk: Dave Lesar has run Halliburton since Dick Cheney left for politics. In his 14 years as CEO, he has steered the oil-services company through the fracking boom and split off its military business.

Fraud Surfaces After Home Depot Breach

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Fraudulent transactions are showing up across the U.S., as criminals use credit- and debit-card information stolen in a hack of Home Depot stores to buy prepaid cards, electronics and even groceries.

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