Coke to Cut Billions More in Costs

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Coca-Cola Co. unveiled a broader cost-cutting program as it posted a 14% drop in earnings and warned it doesn’t expect to meet its previous financial targets. The beverage giant again reported lackluster soda volume.

Walgreen Faces Investor Pressure

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An activist adviser for union pension funds is pressing Walgreen Co. to postpone seeking shareholder approval of a major takeover until directors investigate allegations raised by former Chief Financial Officer Wade Miquelon in a defamation lawsuit.

GM Urges Michigan Gov. To Sign Anti-Tesla Bill

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General Motors Co. widened the rift between Detroit auto makers and Tesla Motors Inc., urging Michigan Gov. Rick Snyder to sign the a bill barring auto makers from directly selling to consumers.

Illinois Tool Works Raises 2014 View; Reports Profit Up 17%

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Illinois Tool Works Inc. raised its 2014 profit outlook Tuesday, and reported third-quarter earnings rose 17%.

Canadian Pacific Earnings Climb

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Canadian Pacific Railway Ltd. said its third-quarter net income and revenue hit record levels on the back of a 74% surge in revenue from crude oil shipments. However, results fell shy of analyst expectations.

Harley-Davidson Posts Strong Retail Sales

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Harley-Davidson Inc. posted lower earnings and revenue during the third quarter as motorcycle shipments declined as expected.

Staples Warns of Possible Data Breach

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Staples may be the latest retailer to be hacked, as the office-supply chain said it is investigating a possible card data breach.

Hermès' Chinese Brand Slow to Gain Traction

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Hermès doesn’t expect its Chinese brand, Shang Xia, to break even until 2016, as the specialty line strives to build a following—an effort made that much harder by Beijing’s crackdown on lavish gift-giving among government officials.

Sears Seeks New Cash Via Two Paths

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Sears is again turning to billionaire CEO Edward Lampert for funds, as the struggling retailer shores up its balance sheet ahead of the holiday season and seeks to reassure vendors worried about its health.

Jaguar Land Rover Opens China Factory

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Tata Motors’ Jaguar Land Rover opened its first plant in China as part of a manufacturing push aimed at more than doubling global sales by the end of this decade.

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