Bayer Reiterates Plans to Divest Plastics Business

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Bayer reiterated plans to divest itself of its high-tech plastics business, saying it would legally and economically separate the Material Science division by the end of August.

Sears Extends Dismantling of Company

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Sears updated its plans to split off up to 300 of its best stores into a separate company as it also reported a $159 million loss and declining sales over the holidays.

Resale Prices Tumble on Electric Cars

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With gasoline prices down 33% from a year ago and buyers cooling toward electric vehicles, Nissan dealers worry that weak demand for used electric Leaf cars will put a flood of used models on the market.

Investors Pull $800 Million From Fortress Fund

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Investors asked to withdraw nearly $800 million from Fortress Investment Group’s main hedge fund in recent weeks, a new setback for the closely followed manager Michael Novogratz.

IBM Pumps $4 Billion Into Cloud, Mobile Initiatives

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IBM plans to shift $4 billion in 2015 spending to what it calls the “strategic imperatives” of cloud, analytics, mobile, social and security technologies.

HCA Discloses Florida Lawsuit

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HCA said a lawsuit had been filed alleging the it subjected patients to medically unnecessary, invasive and high-risk cardiology procedures and submitted false medical claims for reimbursement.

BHP, Rio Tinto Hold Off Iron Ore's Squeeze

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Mining firms such as BHP Billiton and Rio Tinto have escaped writing down the value of iron-ore pits in Australia, despite slumping commodity prices.

Weight Watchers Loses Money, Members

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Weight Watchers reported a loss in the holiday quarter and said members continue to leave as the weight-loss company sheds more ground to apps and other gadgets that track calories.

Qualcomm, Allies Push for New Wireless Standard

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Mobile-technology companies meeting at a major industry conference in Barcelona next week face a big issue: how to cope with exploding demand for wireless capacity.

TiVo, Others Buy Aereo Scraps

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Aereo, the defunct TV-streaming service that promised to revolutionize the way consumers watch TV, was sold for parts to TiVo and other buyers at a bankruptcy auction.

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