Alibaba Prices IPO at $68 a Share

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Alibaba's shares priced Thursday at $68, at the high end of expectations, in what is one of the world's largest initial public offerings ever.

Larry Ellison to Step Aside as Oracle CEO

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Oracle said its longtime leader, Larry Ellison, will step aside as CEO but take over as chairman of the business-software giant. Mark Hurd and Safra Catz were named co-CEOs.

Home Depot's Card Breach Bigger Than Target's

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Home Depot said 56 million cards may have been compromised in a five-month attack on its payment terminals, making the breach much bigger than the holiday attack at Target.

Home Depot's Card Breach Bigger Than Target's

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Home Depot said 56 million cards may have been compromised in a five-month attack on its payment terminals, making the breach much bigger than the holiday attack at Target.

India Expands Campaign to Cut Drug Prices

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India is expanding a campaign to reduce drug prices by capping the amount pharmaceutical companies can charge for more medicines and warning of jail time for executives at firms that don't meet output targets.

Heineken Searches for New CFO

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Dutch brewer Heineken is looking for a replacement for its long-serving chief financial officer, René Hooft Graafland, whose contract expires in April.

JetBlue CEO Barger to Retire

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Dave Barger, the longtime JetBlue Airways CEO who has been criticized this year for the discount carrier's lagging performance, will step down when his contract ends in February.

Vivendi to Sell GVT to Telefónica

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French media and telecom conglomerate Vivendi said it would sell its Brazilian unit GVT to Spanish telecom giant Telefónica in a deal valued at around $9.3 billion.

Nike Shareholders Concerned About Sponsorships

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Nike executives fielded concerns about risks in athletic endorsements at their annual shareholder meeting in the wake of several high-profile suspensions of sponsored athletes for violent behavior.

TransCanada Defends its Corporate Structure

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TransCanada Corp. Friday defended its corporate structure as the best way to maximize profit and dividend payouts to shareholders, following a report suggesting some activist funds may push to break up the company to boost its share price.

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