China Raps Alibaba for Fakes

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The Chinese government accused e-commerce giant Alibaba of failing to crack down on the sale of fake goods, bribery and other illegal activity on its sites in a rare public dispute with one of the country’s most prominent companies.

Airline-Booking Firm Hits Turbulence

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Spain’s EDreams Odigeo has grown to rival Expedia as a global leader in airline bookings, but it has also become a magnet for customer complaints about irregularities in booking practices, a Wall Street Journal review found.

Boeing Posts Strong Quarterly Results

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Boeing reported a 19% jump in quarterly profit, and executives predicted that orders for its fuel-efficient jets will remain strong in 2015 despite concerns over falling oil prices.

H&M Expansion Pushes Sales Higher

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Hennes & Mauritz posted a 13% rise in fiscal fourth-quarter profit, as an expansion helped drive record sales at the Swedish clothing retailer last year.

Fiat Chrysler Turns Corner in Europe

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The Italian-American car maker forecast a jump of as much as 41% in operating profit this year and said it expects to generate its first full-year profit in hard-hit Europe for the first time in seven years.

Orders for Business Jets Rise

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The world’s two largest makers of business jets said that demand continues to improve, with General Dynamics Corp. planning to boost output of its high-end Gulfstream planes as more U.S. companies place orders.

Avon Hires J. Crew COO as New CFO

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Avon Products Inc. said Wednesday it hired James Scully away from J. Crew Group Inc. to be its new chief financial officer.

GM Rejects Request to Extend Compensation Claim Deadline

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General Motors rejected a request by two U.S. senators to extend their ignition switch compensation fund claim deadline for a second time.

Las Vegas Sands Profit Rises 25%

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Las Vegas Sands Corp. said its fourth-quarter earnings rose 25%, thanks to lower operating expenses, though the casino operator continued to be hurt by a slowdown in Macau.

Pentagon Picks Boeing 747-8 As New Presidential Aircraft

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The Pentagon said it had selected Boeing’s 747-8 to replace the aircraft that serves as Air Force One for the president of the U.S.

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