China's Kaisa Seeks to Raise Funds From Foreign Investors

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Cash-strapped Chinese property developer Kaisa Group Holdings is exploring ways to raise funds from foreign investors and is in talks with other Chinese developers to sell assets.

UPS Didn't Have a Happy Holiday

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United Parcel Service Inc. delivered holiday packages on time this season, but expensive holiday preparations added $200 million in unexpected costs.

Viacom CEO Earns $44.3 Million for Year

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Viacom’s Chief Executive Philippe Dauman earned $44.3 million in total compensation in the fiscal year ended Sept. 30, a 19.2% raise from the previous year.

Proxy Adviser Warns Companies on Shareholder Ballots

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Glass Lewis said it may recommend shareholders dissent from management-backed candidates if companies block shareholder-submitted proposals on the grounds that they ‘conflict’ with the companies’ proposals.

SpaceX to Drop Pentagon Suit Over Rocket Deals

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Elon Musk’s Space Exploration Technologies Corp. on Friday said it would drop a lawsuit brought against the Pentagon and the two largest defense contractors that attempted to break up an $11 billion deal to launch military and intelligence satellites.

Starbucks CEO Schultz's 2014 Total Pay Valued at $21.5 Million

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Starbucks said Chairman and Chief Executive Howard Schultz’s total compensation was valued at $21.5 million last year, up from $17.2 million in 2013.

Gap Abandons Online Brand Piperlime

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Gap Inc. is closing Piperlime, abandoning an online brand it launched to fend off hipper new Internet-based rivals.

Bombardier to Temporarily Lay Off 145

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Bombardier said it will temporarily lay off 145 workers at a railcar plant in Quebec, citing a delay in getting a component that is required in the construction of subway cars for the Montreal transit system.

Cal Dive Preparing Chapter 11 Filing

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Oil-and-gas contractor Cal Dive International Inc. is preparing for a potential Chapter 11 bankruptcy filing that could come as soon as the next few weeks, people familiar with the matter said, as the oil-price rout exacerbates the company’s business challenges.

Anheuser-Busch Buys Craft Beer Firm

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Anheuser-Busch InBev agreed to buy Seattle-based Elysian Brewing Co., the latest craft brewery acquisition by the giant beer company.

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