At Zara, 'Fast Fashion' Meets Smarter Inventory

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Many retailers have stumbled implementing RFID tags for inventory control, but the Zara chain is working the system. The scale and speed of its rollout is drawing notice.

Brookstone CEO Resigns

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Specialty retailer Brookstone said Chief Executive James Speltz has resigned after taking the seller of travel gadgets and massage chairs through bankruptcy proceedings this summer.

Report Criticizes Auto-Safety Regulator in GM Ignition Case

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A congressional report harshly criticizes the National Highway Traffic Safety Administration for failing to catch a deadly GM safety defect despite years of complaints and for since taking no action to prevent its failure from happening again.

Apple Patent Infringement Judgment Tossed

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A federal appeals court on Tuesday threw out a $368 million jury award for patent infringement that VirnetX Holding Corp. won against Apple Inc. in 2012.

U.S. Regulator Sues Corinthian Colleges

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The U.S. consumer-finance regulator sued troubled for-profit education firm Corinthian Colleges Inc., alleging the company prodded students into taking out unaffordable loans and used aggressive debt collection tactics.

Dick's Announces Executive Changes

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Dick's Sporting Goods said Tuesday that two of its top executives will soon retire, as the company contends with inconsistent results heading into the holiday-shopping period.

UPS Boosts Seasonal Hiring

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UPS plans to hire between 90,000 and 95,000 seasonal employees this year and is taking additional steps to support an expected surge in deliveries during the holiday season.

Airbus to Sell Some Businesses

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Airbus Group said it would sell defense assets as the company focuses increasingly on its successful commercial-airplanes business.

GM Slashes Jobs and Output in Russia

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General Motors is slashing jobs and car production in Russia in the latest sign that weakening sales in the once-hot market now threaten the auto maker's turnaround in Europe.

Honeywell Makes Push on Greenhouse Gases

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Honeywell International Inc. and its suppliers plan to spend $900 million in coming years for research and development and to expand capacity to increase production of more-environmentally-friendly refrigerants, insulation materials, solvents and aerosols.

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