Wet Seal Wins Bankruptcy Court Approval for Sale to Versa

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Teen clothing retailer Wet Seal won court approval Wednesday to be acquired by an affiliate of Versa Capital Management in a deal that keeps at least 140 stores open.

Google Lab Puts Time Limit on Innovations

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Google is embracing a leaner, faster way to find the next big thing amid questions about its heavy spending.

KBR Settles Whistleblowing Charges with SEC

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The Securities and Exchange Commission charged Houston-based technology and engineering firm KBR Inc. for violating a whistleblower protection rule, its first-ever action against a company for stifling the whistleblowing process.

Orange Urged to Seek European Partner for Dailymotion

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The French government urged partially state-owned telecoms operator Orange to explore European solutions for its video streaming unit Dailymotion before entering into the final phase of a possible transaction with a Chinese investor.

One Killed, 16 Injured in Pemex Fire

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Mexican state oil company Petróleos Mexicanos said one worker was killed and 16 others injured when a fire broke out at an offshore rig in the Gulf of Mexico.

'Summer' Blockbuster That Debuts in March

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What makes a “summer” movie? As Hollywood churns out more big-budget “tentpoles,” a packed calendar from May-to-August means more such films are being released in March and April.

Uber Files Complaints Over European Bans

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Uber filed complaints with regulators in Brussels against three EU governments seeking to ban some of its services.

Monsanto Profit Falls 15% on Weak Sales

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Monsanto said its earnings fell 15% in the February quarter as sales weakened, farmers planted fewer acres and a stronger U.S. dollar pressured results.

Sears Seeks $2.5 Billion in Property Sales

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Sears moved to sell some of its top properties and then lease them back, a step that will let shareholders like CEO Edward Lampert buy valuable company assets to raise much needed cash.

América Móvil Prepares to Spin Off Cellular Towers

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Mexican telecommunications company América Móvil said it will submit a plan to shareholders this month to spin off certain mobile assets into a separate company.

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