Consumer Sentiment Climbed in September

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A gauge of U.S. consumer confidence—the University of Michigan consumer sentiment index—rose in September, suggesting households are feeling fairly good about the economy this fall.

Obama Administration Imposes New Requirements on Pay Data, Sick Leave

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The Obama administration on Thursday completed new requirements on business to provide employee pay data by gender and race and for federal contractors to offer paid sick days.

Qualcomm in Talks to Acquire NXP Semiconductors

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Qualcomm is in talks to acquire NXP Semiconductors, a deal that would likely be valued at over $30 billion and represent the latest merger in a rapidly consolidating semiconductor industry.

U.S. Second-Quarter GDP Revised Up to 1.4% Gain

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The U.S. economy appears to be growing at its fastest pace in two years, buoyed by firm consumer spending, stronger exports and positive—though still modest—business investment.

Airbus Tightens Belt With New Corporate Shake-Up

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Airbus Group is to merge headquarters and eliminate an unspecified number of management jobs in a new restructuring plan to improve profitability.

Salesforce.com to Press Regulators to Block Microsoft-LinkedIn Deal

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Salesforce.com said it would press regulators in the U.S. and Europe to block Microsoft’s $26.2 billion acquisition of LinkedIn, citing antitrust issues.

H&M Earnings Fail to Weather Heatwave

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The Swedish fashion retailer posted a 9% drop in third-quarter profit after an August heatwave at the time of its autumn-and-winter collections’ launch forced it to mark down prices on woolen hats, coats and pullovers.

U.S. Consumer Spending Flat in August

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Consumer spending leveled off in August, a sign of caution among households amid lackluster economic growth.

Europe's Rising Inflation Little More Than Energy Jolt

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Inflation is finally rising in the eurozone. But the European Central Bank can’t take much of the credit. All the movement is in energy prices.

H&M Turnaround Will Take More Than Cooperative Weather

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Third-quarter numbers offered scant evidence of recovery at the Swedish fashion retailer.

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