Honda Top Executives Take Pay Cuts

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Honda said top executives would take pay cuts to show they felt responsibility for recalls and quality problems, and the company created a new post to oversee safety changes.

Unilever Flags Tough Outlook

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Unilever warned of a challenging outlook and struck a gloomy tone after reporting worsening sales, raising fears of a broad economic slowdown across emerging markets.

Tesco Chairman to Step Down

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Tesco said Chairman Richard Broadbent would step down as it revealed the accounting practices that led to an overstatement of its profit had occurred in prior periods as well.

Cutrale-Safra Boosts Bid for Chiquita

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Brazilian firms Cutrale-Safra raised their bid for Chiquita Brands International Inc. by an additional 4% as the banana seller’s shareholders prepare to vote Friday on its proposed tie-up with Irish food company Fyffes PLC.

Airlines Post Strong Profits, Offer Bullish Outlooks

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Several U.S. airlines posted stronger third-quarter profits and expressed bullish sentiments for the fourth quarter, based on falling fuel prices, strong holiday bookings, domestic capacity discipline and a slight easing of Ebola jitters.

3M Posts Higher Profit

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3M Co. reported a 5.9% rise in third-quarter profit, spurred by strong sales of respiratory face masks and materials used in making cars and electronic gadgets.

Apple Plans More Stores in China

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Apple plans to increase the number of its Apple-brand retail stores in Greater China to 40 from 15 within two years, CEO Tim Cook told local media.

Pulte Meets Expectations, Cites Improving Housing Market

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PulteGroup said the improving economy and higher average selling prices help drive third-quarter results that were in line with Wall Street expectations.

Eli Lilly's Sales Hit Again by Patent Expirations

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Eli Lilly said its sales and profit fell in the most recent period, reflecting patent expirations and generic competition.

P&G Narrows Field For CEO Succession

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Procter & Gamble shook up its senior management ranks, naming new leaders for key businesses and narrowing the field of potential successors to CEO A.G. Lafley.

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