China Calls iPhone a Security Risk

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China's state broadcaster called a location-tracking function of Apple's iPhone a "national security concern," in the latest sign of a backlash against U.S. firms.

Whirlpool Plans Acquisition in Italy

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Whirlpool's agreement to acquire control of Italy's Indesit expands the U.S.-based appliance maker's exposure to a part of the world where it has wrestled with weak demand.

Pirelli Names Sechin to Board

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Pirelli, one of the world's biggest tire makers, said it appointed Rosneft Chairman Igor Sechin to its board.

Infosys Profit Up 22%

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India's Infosys said its net profit grew 22% last quarter, as it continued to tighten costs and the improving economies in the U.S and Europe led to more demand for its software and outsourcing services.

United Airlines Ground Workers in Hawaii Vote for Concessions

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Workers at three airports in Hawaii vote to accept concessions to keep their jobs, days after United said it would outsource 635 jobs at 12 airports.

Iberia Plans to Cut 1,581 Jobs

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British Airways parent International Consolidated Airlines Group SA Friday said it would begin talks with unions to cut 1,581 jobs at its unprofitable Spanish Iberia unit.

Aereo's Bid for Comeback Hinges on Cable License

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Aereo's last-ditch effort to survive a body blow from the Supreme Court by qualifying for a cable license is opening a new debate about copyright law and online video.

White House Moves to Speed Payments for Small Suppliers

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The Obama administration said Apple, Coca-Cola and about two dozen other companies are joining an effort to speed payments to firms down their supply chains, a move intended to help smaller businesses.

Alibaba Set to Start on Path to IPO

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The firm shared a timetable with some current investors through an email, people familiar with the matter said.

Google Faces New Search Complaint

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Yelp says Google is promoting its own content at the expense of users, as Google battles to protect a proposed deal in Europe over similar concerns.

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