United Technologies Sales Rise 4.6%

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United Technologies Corp. said its sales rose 4.6% in the latest quarter, driven by higher equipment orders at its Otis elevator and other businesses.

Omnicom Profit Rises

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Advertising company Omnicom posted a stronger-than-expected 24% increase in earnings in the third quarter, helped by revenue growth in all markets.

Chili's Owner Brinker Posts Higher Earnings

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Brinker International Inc. said its first-quarter profit increased 12%, helped by higher sales at its Chili’s Grill & Bar and Maggiano’s Little Italy chains.

McDonald's Profit Falls 30%

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McDonald’s promised significant changes after reporting a worse-than-expected 30% drop in third-quarter earnings and calling its challenges “more formidable than expected.”

Coke Boosts Cost-Cutting Plan

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Coke unveiled a broader cost-cutting program and warned it doesn’t expect to meet its previous financial targets as the beverage giant again posted lackluster soda volume and struggled with currency headwinds.

Harley-Davidson Profit Slips

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Harley-Davidson Inc. posted lower earnings and revenue during the third quarter as motorcycle shipments declined as expected.

China Auto Sales Target Likely to Be Cut Again

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China’s government-backed auto industry association will likely further lower its projection for auto sales this year after domestic economic growth hit a five-year low in the third quarter.

AbbVie, Shire Terminate Deal

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AbbVie and Shire terminated their $54 billion deal, killing the year’s biggest agreed-upon merger amid a U.S. government push against so-called inversion deals.

EU Regulators Seek Feedback on Trans-Atlantic Air Pact

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Air France-KLM, Alitalia and Delta are planning a tie-up on trans-Atlantic flights involving schedule, pricing and capacity coordination and profit-sharing. EU antitrust regulators want to hear what others think.

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.

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