Publicis Expresses Confidence on U.K. Tax Status

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France's Publicis Groupe tried to reassure investors about the fate of its $35 billion merger with Omnicom, saying it was confident the proposed new company would get necessary approval to have its fiscal residence in the U.K.

U.K. Car Industry Boosted by Demand Recovery

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Stronger demand in Europe helped volume manufactures, while global demand for premium vehicles also saw a rise.

Short-Seller Accuses Chinese Rubber Recycler of Doctoring Financials

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Short-seller Glaucus Research Group California LLC on Thursday accused Taipei-listed foam-rubber recycler Asia Plastic Recycling Holding of doctoring its financials.

Ratings Firms Ride Bond Resurgence

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The revival is due largely to the absence of any major changes to the industry since the financial crisis, including a business model that is blamed for contributing to the meltdown.

Two More Hospitals Halt Hysterectomy Procedure

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Cleveland Clinic and University of Pennsylvania Health System halt the use of morcellators in hysterectomies following the FDA's warning that the surgical device can spread cancer.

Qualcomm Profit Rises, But China Is an Issue

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Qualcomm reported its fiscal second-quarter profit grew 5% as the chip maker reported higher shipments, but it also faces short-term turbulence as it waits for faster cellphone service to take off in China.

UPS Employees Union Votes to Override 3 Local Bargaining Units

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The national union representing UPS employees voted Wednesday to override three local bargaining units that were holding out on approving parts of a five-year national contract with the delivery company.

Two Small Firms Adapt to ACA

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Small businesses are finding both benefits and costs as they attempt to navigate the Affordable Care Act.

Primark to Expand in U.S.

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Primark, a clothing chain whose formula of fashionable looks at rock-bottom prices has proved a hit with U.K. shoppers, plans to open its first U.S. store in the former Boston home of the original Filene's Department Store.

P&G Profit Edges Up as Costs Fall

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Procter & Gamble's profit grew just slightly in the first three months of the year, as it struggled to expand in slow-growing markets where shoppers have cut back their spending on many everyday items.

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