Denso Executives in Price Fixing Plea

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Two more executives of a Japanese auto parts maker have agreed to plead guilty to fixing prices on new-car parts and will spend more than a year in a U.S. prison.

Vodafone to Spend Verizon Dividend

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Vodafone said it will keep the $3.15 billion dividend payment it will receive from Verizon Wireless and plow it into its flagging operations in Europe, which weighed heavily on the mobile operator's full-year profit.

Lawsuit Chills Carfax Owner's Potential Sale

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A lawsuit brought by auto dealers has put a chill on the potential sale of R.L. Polk & Co., owner of the used-car shopping tool Carfax, according to people familiar with the matter.

H&M: Clothing Made in Accident-Hit Cambodia Factory

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Swedish fast-fashion retailer Hennes & Mauritz said that some of its clothing was produced in a Cambodia factory where 23 people were injured in an accident on its premises Monday.

Outsourcer Fires CEO Over Relationship

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Outsourcing company iGate said its board fired President and Chief Executive Phaneesh Murthy with immediate effect for allegedly failing to report a relationship with a subordinate employee.

Home Depot Raises Outlook

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Home Depot raised its full-year outlook and said net profit jumped 18%, helped by the recovering housing market and sales related to reconstruction in the wake of superstorm Sandy.

Apple CEO Calls for Corporate Tax Reform

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Tim Cook challenged Senate investigators who reported Apple paid no corporate income tax on tens of billions of dollars in overseas income over the past four years and urged reforms.

Judge Approves Battery Maker's Liquidation Plan

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A bankruptcy-court judge approved the liquidation plan of the failed lithium-ion battery maker once known as A123 Systems Inc. that divvies up the proceeds from the sale of the company's assets to a unit of China's Wanxiang Group.

Dimon Strengthens Grip at J.P. Morgan

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J.P. Morgan shareholders rejected a proposal to split James Dimon's dual roles as chief executive and chairman, and re-elected all the members of the bank's board.

Apple CEO Calls for Corporate Tax Reform

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Apple CEO Tim Cook defended the iPhone maker's tax practices as proper, challenging Senate investigators who reported Apple paid no corporate income tax on tens of billions of dollars in overseas income over the past four years and urging a simplification of tax laws.

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