U.S. Jobless Claims Rise To 313,000

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The number of Americans seeking first-time jobless benefits leapt last week but remained at a level suggesting steady job growth.

Thomas Cook CEO Exit Panics Investors

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British travel group Thomas Cook has panicked investors by announcing the surprise departure of Chief Executive Harriet Green after just two years in the job.

CEOs' Test: Dealing With Activist Investors

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Shareholders have become more assertive in challenging CEOs since the financial crisis. How chief executives respond has become a new measure of their mettle.

Telefónica Works to Redraw Its Empire

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Telefónica has been rejiggering parts of its empire by retreating from markets where it lacked scale, and expanding in Latin America.

Indian Tobacco Shares Rebound

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Shares of Indian tobacco companies rebounded Wednesday after news that the country is planning to ban the sales of single cigarettes to discourage smoking in the South Asian nation triggered a tumble.

Deere Sees Big Decline in Equipment Sales

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Deere projected a 20% decline in farm equipment sales for the recently started business year, warning again that lower commodity prices and falling farm incomes are putting pressure on demand for agricultural machinery.

Alibaba to Invest More in India

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Alibaba Group Holding, China’s largest e-commerce company, is looking to invest more in India as it aims to expand its services beyond its home country.

Supreme Court to Review EPA Rule on Power-Plant Emissions

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The U.S. Supreme Court agreed to review the first-ever national environmental standards requiring power plants to reduce emissions of mercury and other toxic air pollutants.

U.S. Wades Into Google Antitrust Debate in Europe

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The U.S. has waded into a European debate over a possible breakup of Google, expressing concern about the politicization of antitrust probes a day before EU legislators are set to debate an ‘unbundling’ proposal.

Zalando Revenue Surges

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Online retailer Zalando said third-quarter revenue surged 24%, boosted by growth in non-German speaking parts of Europe and as cost improvements helped boost profitability.

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