Recalls Hurt GM Profit, But Results Beat Estimates

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General Motors' first-quarter earnings fell 82% but exceeded Wall Street's expectations as its push to sell cars and trucks at higher prices in North America helped offset some of the costs of safety recalls.

Alibaba Co-Founders Set Up Philanthropy

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Jack Ma, the co-founder of Chinese e-commerce giant Alibaba, is pouring much of his personal wealth into the creation of one of Asia's largest philanthropic trusts, highlighting what many see as the dawn of a new era of giving among China's freshly minted billionaires.

Apple Plans Another Large Debt Sale

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A year after it pulled off a then-corporate record $17 billion bond sale, Apple's plans to raise a "similar" sum this year highlight strong investor demand for debt issued by highly rated companies.

UPS to Take Charge on Health-Plan Shift

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UPS will record a $1.05 billion pre-tax charge in the second quarter as it moves about 125,000 unionized package delivery employees off its own health-care plan and into multi-employer health-care plans.

Microsoft Profit Falls Less Than Expected

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Microsoft posted a smaller-than expected decline in profit in its fiscal third quarter, buoyed by strength in its consumer segment and a decline in operating expenses.

Google+ Chief Vic Gundotra Departs

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Vic Gundotra, the executive in charge of Google+, announced his departure from Google, the latest sign of upheaval at the company's social network.

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