'The Hobbit' Wins Box-Office Battle

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Latest in Middle Earth saga bests ‘Museum,’ ‘Annie’ with $56.2 million over the weekend.

Ferrovial Drops Transfield Bid

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Ferrovial abandoned a takeover bid for Australia’s Transfield Services, a major setback in the Spanish construction company’s plan to compete for billions of dollars of new infrastructure projects Down Under.

Sony Aims to Release 'The Interview,' but How?

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The aborted release of “The Interview” has led to follow-up questions for Sony Pictures Entertainment, as the Hollywood studio’s outside attorney insisted the film “will be distributed.” The chief hurdle: how?

Walgreen Prepares to Steer a Global Course

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The Week Ahead: Walgreen, the largest U.S. drugstore chain, is going to find out if bigger means better, as it nears a shareholder vote on completing its planned merger with European counterpart Alliance Boots.

Monday's Deluge to Test UPS's New System

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UPS all year has been focused on one day above the rest: Monday Dec. 22, when it will deliver 34 million packages, more than any other in its history—putting a new high-tech sorting system to the test.

Uneasy Rider: Boomer Deaths in Motorcycle Crashes Jump

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Motorcycle riders between 55- and 64-years-old accounted for 16.3% of motorcycle crash deaths in 2013, up from 9.3% a decade earlier and less than 3% in the early 1990s, according to statistics from the U.S. traffic safety agency.

ICE Has Unlikely Ally on Trading Proposal

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Jeffrey Sprecher, chief of Intercontinental Exchange Inc., recruited an unlikely ally in his efforts to revamp the U.S. stock market and bring more trading back onto exchanges.

St. Croix Refinery to Stay Closed After Vote

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The mothballed refinery on St. Croix will stay closed after the U.S. Virgin Island’s Legislature voted overwhelmingly against letting a new owner take over the plant.

Former Petrobras Executive Gives Computer Data to Prosecutors

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Documents purportedly show that the company’s chief executive and board of directors were made aware of an alleged bribery scheme as early as 2009.

Xiaomi Valued at More Than $45 Billion

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Xiaomi is raising more than $1 billion in its latest round of funding, valuing the fast-growing Chinese smartphone maker at more than $45 billion, a person familiar with the matter said.

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