Hermès' Chinese Brand Slow to Gain Traction

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Hermès doesn’t expect its Chinese brand, Shang Xia, to break even until 2016, as the specialty line strives to build a following—an effort made that much harder by Beijing’s crackdown on lavish gift-giving among government officials.

Sears Seeks New Cash Via Two Paths

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Sears is again turning to billionaire CEO Edward Lampert for funds, as the struggling retailer shores up its balance sheet ahead of the holiday season and seeks to reassure vendors worried about its health.

Jaguar Land Rover Opens China Factory

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Tata Motors’ Jaguar Land Rover opened its first plant in China as part of a manufacturing push aimed at more than doubling global sales by the end of this decade.

CEO of Oil Giant Total Dies in Plane Crash

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French oil company Total said Chairman and Chief Executive Christophe de Margerie died Monday in a plane crash at a Russian airport.

Red Lion Hotels Plans a New Line

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Regional Hotel Brand Red Lion said it is launching a new brand aimed at young, design-conscious travelers.

Glass Lewis Recommends Chiquita Holders Vote Down Fyffes Merger

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Glass Lewis recommended Chiquita shareholders vote down the company’s planned merger with Irish fruit grower Fyffes and consider other options.

CVS Plays Hardball With Rival Drug Chains

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CVS is offering a prescription-drug plan that charges patients more if they buy their medications at pharmacies that sell tobacco products, a plan that could benefit the company’s own network of drugstores.

IBM Faces Another Overhaul

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IBM, two decades after successfully shifting its emphasis to software and computer services from hardware, is showing signs of needing another overhaul.

Dish Network Dumps CNN

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Satellite TV provider Dish Network Corp. is no longer carrying several channels owned by Turner Broadcasting, including CNN and Cartoon Network, after the companies failed to agree on a new distribution deal.

How Big Data Is Tracking City Life

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Researchers are bringing big data into the public sphere, aiming to improve quality of life, save money, and understand cities in ways that weren’t possible only a few years ago.

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