Google Copies Amazon's Playbook

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Google increasingly appears to be following Amazon's lead in such services as a new e-commerce site, cloud computing and services for online shoppers.

Gap Continues Rebound

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Gap notched a 43% rise in quarterly earnings as the apparel retailer kept up the momentum of its turnaround.

No Bonuses Until Tesco Profit Improves

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Tesco executives will have to reverse falling profits to have a chance of a bonus next year as the struggling retailer changed its performance targets to reflect its recent strategic overhaul.

Occidental CEO Discussed Potential Sale of Assets

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Occidental Petroleum may consider selling its overseas assets or splitting into three separate companies in order to fund a stock buyback and improve its share price, CEO Steve Chazen told investors this week.

Elan Rejects Royalty Pharma Approach

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Elan rejected the most recent approach by New York-based pharmaceutical investor Royalty Pharma, the latest twist in a monthslong struggle for the Dublin-based pharmaceutical firm.

Firms Split Over Return of Grounded Helicopter

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A helicopter that is widely used to support the global energy industry may return to service in a few weeks after a nearly eight-month grounding because of engine problems, though two of its largest operators disagree on the likely timing.

GameStop's Profit Falls 25%

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GameStop reported lower quarterly earnings on continued sales weakness, though the videogame retailer's cost-cutting efforts boosted profit margins.

U.S. Steps Into Sprint's Board

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SoftBank is readying a plan to allow the U.S. government an unusual level of influence over the operations of Sprint, a concession to ease security concerns raised by the proposed cross-border takeover.

Regulators Rebuke Ernst & Young

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Audit regulators reprimanded Ernst & Young LLP by making public some previously secret past criticisms of the accounting firm's quality controls.

Forest Laboratories CEO to Retire

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Forest Laboratories said its veteran chief executive and president, Howard Solomon, will retire at the end of the year, ending his five-decade career with the pharmaceutical company.

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