Xerox's Next CEO Expects More Layoffs After Split

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Jeff Jacobson declined to say how many jobs would be cut after the service segment is spun off, but he did predict sales declines would ease over the next three years.

Lawmakers Voice Concerns on AT&T- Time Warner Deal

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U.S. lawmakers expressed wide-ranging concerns about AT&T’s blockbuster $85 billion deal to buy Time Warner, a reaction that suggests the merger could come under renewed political pressure.

Not Just for Christmas: Retailers Use Smaller Toys to Woo Shoppers Year-Round

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Tiny collectibles including Shopkins, Num Noms and Tsum Tsum are helping toy retailers solve an age-old problem: how to get people into their stores year round, not just at Christmas.

When Presidents Defy Economic Gravity, Gravity Usually Wins

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Donald Trump is going to discover, just as previous presidents have, that altering the forces of economics is harder than it seems at first, Greg Ip writes.

Apple Supplier Foxconn Plans Expansion in U.S.

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Foxconn Technology Group, which manufactures Apple’s iPhone and other products, is in talks to expand in the U.S., though the size and scope of any investment hasn’t been determined.

Who Would Gain From More Defense Spending?

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The Pentagon spends hundreds of billions of dollars every year with thousands of companies, but five companies get 25% of Defense Department funds.

Cellphone's Birthplace Finds New Life After Nokia

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The Finnish city of Salo, once a center of Nokia’s cellphone production, is finding rebirth in what Nokia left behind: scores of experienced engineers and vast areas of idled factories that are attracting startups.

AT&T Puts a Bottom in Web TV Costs

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The pricing of AT&T’s DirecTV Now service makes it harder for new internet TV entrants to compete.

Shell Signs Preliminary Iran Oil Deal Despite Trump Doubts

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Shell signed a memorandum of understanding with Iran’s state oil company to explore future ventures, suggesting energy companies won’t let Donald Trump’s pledge to undo the Iran nuclear deal deter them from investing.

The Real Art Behind the Trump-SoftBank $50 Billion Deal

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SoftBank’s big U.S. investment plan likely would have happened even without the input of the president-elect. Mr. Trump took credit anyway.

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