McDonald's Old CEO to Get $3 Million for Consulting

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Former McDonald’s CEO Don Thompson will receive $3 million in consulting fees, while the base salary for his replacement, Steve Easterbrook, was increased 69%.

Insurers' Biggest Fear: A Health-Law Death Spiral

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The Supreme Court will hear oral arguments on Wednesday in the latest challenge to the Affordable Care Act. The case focuses on federal subsidies that help lower-income consumers purchase plans, and the court’s decision could unravel the marketplaces created by the law.

Bristow Takes a Tilt on New Choppers

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Bristow Group said it had secured purchase rights on the new AW609 aircraft being developed by AgustaWestland, vehicles that can fly like a plane and hover like a helicopter.

DuPont Rejects Trian Request for Universal Ballot

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DuPont rejected a request from Nelson Peltz and his Trian Fund Management to use a universal ballot in a coming vote on directors.

Google Wants to Make Wireless Airwaves Less Exclusive, Cheaper

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Google Inc. wants to make the wireless industry less exclusive by facilitating the use of cheap airwaves to lower the barriers to entry, a top executive said Tuesday.

FDA Warns on Low-Testosterone Drugs

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The Food and Drug Administration cautioned men not to use so-called Low-T products for low testosterone due to aging and required makers of the drugs to warn patients about possible increased risk of heart attack and stroke.

TiVo Reports Higher Subscriptions, Profits

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TiVo’s profit surged as the pioneering TV-recording company continued to expand its customer base through more distribution deals with cable and satellite companies.

BlackRock Toughens Stance on Boards

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BlackRock for the first time signaled it may oppose U.S. board members’ re-election over such issues as excessive tenure, poor short-term attendance and corporate bylaw changes that ignore investor rights.

NBC Plans to Launch Comedy Video Service

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Comcast’s NBCUniversal is aiming to launch a comedy-focused subscription Web video service later this year, as interest grows in reaching young online viewers who don’t watch traditional TV.

Smith & Wesson Boosts Annual Guidance

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Smith & Wesson Holding again boosted its annual guidance as the company on Tuesday reported better-than-expected firearms sales for the quarter ended January.

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