Unilever Launches Review After Rejecting Kraft Heinz Offer

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Consumer-goods group Unilever said it was embarking on “comprehensive” review to wring out more value for shareholders, just days after rejecting a $143 billion offer from Kraft Heinz.

Apple to Open New Campus; Theater Named for Steve Jobs

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Apple will open its new California campus in April. One of co-founder Steve Jobs’s final projects, the cost of Apple Park is expected to be in the range of $3 billion to $5 billion.

Tesla Loss Narrows in Fourth Quarter

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Tesla’s fourth-quarter loss narrowed in its latest quarter, after the company marked its second-best period of sales thanks to the introduction of the Model X sport-utility vehicle.

Immigrant Crackdown Worries Food and Restaurant Industries

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The food industry is girding for the Trump administration’s immigration enforcement, with farm groups and food processors fearing worker shortages that could hobble harvesting and leave restaurants and slaughterhouses short-staffed.

Fitbit Posts Its First Quarterly Loss Since Going Public

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Fitbit posted a quarterly loss for the first time since the company went public, dogged by lackluster holiday sales of its new fitness trackers.

Beware the Fed's Warnings on Rates

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The Federal Reserve signals it could lift rates as soon as March, but investors don’t believe it.

Google's Waze Plans Expansion of Ride-Sharing Service

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Google is planning to dramatically expand a carpool service on its navigation app Waze, setting the tech giant on a collision course with the ride-sharing industry.

Second Theranos Lab Has Blood-Testing License Revoked

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A lab run by blood-testing firm Theranos in Arizona put patients at risk and failed to quickly fix its deficiencies, a regulator found, triggering a new round of sanctions by the U.S. agency against the company.

VW Buybacks Fill Dealerships, but the Trick Is the Next Sale

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Volkswagen has bought back or terminated the leases of 125,000 diesel vehicles in the company’s emissions-cheating scheme, helping spur showroom traffic in recent months.

IRS Audits of Individuals Drop for 5th Straight Year

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U.S. tax audits of individuals declined for the fifth straight year in 2016 and reached the lowest level since 2003, according to preliminary Internal Revenue Service data released on Wednesday.

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