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The company said third-quarter orders in North America had improved by 73% year-over-year.
Ron Johnson, who helped build Apple’s successful retail stores before a troubled stint as J.C. Penney CEO, is readying a well-funded startup that aims to help online shoppers find the right products.
Microsoft’s sales continue to defy expectations by growing at a much faster clip than those of its business-technology peers.
Activist investor ValueAct Capital Management LP on Friday disclosed a 5.7% stake in Agrium Inc., but according to the Canadian fertilizer giant, the hedge fund has no plans to push for Agrium’s breakup or for board or management changes.
Dublin-based drug maker Shire raised its earnings guidance after record sales growth, only a week after U.S. peer AbbVie pulled out of a $54 billion takeover.
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The spotlight on defective air bags intensified, with one of Germany’s largest auto makers issuing a recall and Honda imposing pay cuts on executives.
Apartment-rental site Airbnb has met with investors to discuss an employee stock sale that would value the apartment-rental site at about $13 billion, according to people familiar with the matter.
LyondellBasell Industries said its third-quarter earnings rose 6.7%, led by a 40% increase in operating revenue from the olefins segment in the Americas.