ITT Under Scrutiny from Two Agencies

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Troubles in the nation's for-profit college industry accelerated on Friday as ITT Educational Services Inc. disclosed that two federal agencies have placed the struggling education company in their cross hairs.

Siemens Preps Bid for U.S. Firm

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Siemens is preparing a multibillion-dollar offer for U.S. energy firm Dresser-Rand, according to people familiar with the matter, likely edging out an earlier offer from Swiss rival Sulzer.

GM Told to Open Defect Files

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Hundreds of car owners suing General Motors over an ignition-switch flaw got a boost when a New York judge ordered the auto maker to turn over internal documents about its handling of the defect to plaintiffs' attorneys.

Cocoa Surges on Ebola Fears

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Prices for the key chocolate ingredient have surged by over 6% this week amid fears the deadly Ebola virus spreading through West Africa could disrupt the region's supply of cocoa.

Baseball Suit Calls Out Minor-League Pay

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A lawsuit against Major League Baseball and its 30 teams says minor-league players make less than required by state and federal laws governing minimum wage and overtime.

Vodafone Offers to Buy 140 Phones 4u Stores

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Vodafone Group PLC said it has made an undisclosed offer to buy 140 Phones 4u stores, which has been accepted by the stricken British cellphone retailer's private-equity owners.

Why Taylor Swift and One Direction Play for Peanuts

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The iHeartRadio Music Festival is expected to draw some 20,000 fans to Las Vegas this weekend—but it won't be much of a payday for the headlining acts, including Taylor Swift and One Direction.

American Airlines, Flight Attendants Reach Tentative Agreement

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American Airlines said it reached a tentative agreement on a collective bargaining agreement for more than 24,000 of its flight attendants.

Hertz to Pay Ex-CEO Frissora $10.5 Million Cash

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Hertz Global Holdings said it will pay former Chief Executive Mark Frissora about $10.5 million in cash, a majority of his bonus for 2014 and other equity-related compensation as part of a separation agreement.

Christie's to Sell Pricey Preowned Handbags in Hong Kong

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Christie's will hold its first sale in Hong Kong dedicated to pricey preowned handbags. The auctioneer is relying on 26-year-old Matthew Rubinger to attract buyers.

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