Sony to Revamp Smartphone Unit

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Sony pledged to return its money-losing smartphone unit to profitability over the next year even if it means drastically lower sales.

VW Drives for Gains in China's South

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Volkswagen is taking market share from other foreign auto makers in China’s relatively wealthy southern region.

TiVo Services, Technology Revenue at Upper End of Estimates

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TiVo reported growth in services and technology revenue at the upper end of expectations as the digital video recorder pioneer continued to add subscribers.

Frontier Bond Sales Poised for Buoyant Year-End

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Some of the world’s riskiest government borrowers are embarking on a last minute debt-raising spree before the markets shut for the winter break.

New York Office Towers Pop Up Despite Sluggish Market

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Developers are planning new Manhattan office buildings at the fastest rate in two decades despite sluggish demand for space, a gamble that tenants will favor gleaming new skyscrapers.

CMBS Make a Comeback in Europe

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The rebound in the U.S. commercial mortgage-backed securities market appears to be spreading across the pond.

Tencent, HBO Sign Online Distribution Deal for China

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Time Warner’s HBO signed a deal with Tencent Holdings to distribute its TV dramas and movies through the Chinese Internet giant’s online video site.

H-P's Revenue Drops Again

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H-P said its profit fell 5.9% for the October quarter on another period of lower revenue as the computer maker continues to show the frailties that prompted its plan to split in two.

Spotify's Revenue Rose in 2013

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Music-streaming company Spotify said revenue rose 74% last year, but added that it remains far from profitable. Expansion efforts weighed on profit.

La Compagnie to Add NY-London Offering

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Dreamjet, which started flying in July between Paris and Newark, N.J., under the brand name La Compagnie, plans to bring its aggressively priced business-class fares to the New York-London route.

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