AT&T Lowers Revenue Outlook

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AT&T lowered its revenue outlook for the year, pointing to fewer-than-expected sign-ups for its no-contract Next wireless plans that require customers to pay full price for their smartphones.

Abbott Sales Rise, Mylan Deal Tweaked

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Abbott tweaked the terms of its agreement to sell a portion of its generic-drugs business to Mylan for $5.3 billion, signaling the deal will be completed despite new Treasury department rules.

Officials Urge Nationwide Air Bag Recall

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Law makers and safety advocates are calling for a nationwide recall of vehicles equipped air bags that can explode too violently as the number of U.S. vehicles with potentially defective air bags jumped to 7.8 million.

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.

Firms Try to Escape Health Law's Penalties

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With the health law’s insurance mandate for employers set to kick in next year, companies are trying to avoid the law’s penalties while holding down costs, using strategies like enrolling employees in Medicaid.

Should non-citizens be allowed to vote?

Business-Friendly Bureaucrat Helped Build Tax Haven

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Marius Kohl spent years engineering Luxembourg’s most valuable export: tax relief, which is now under pressure from the European Union.

McDonald's Struggles to Regain Its Cool in China

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From a food-safety scandal to increased competition in the fast-food industry, McDonald’s is struggling to revive its fortunes in China.

Packaging Dynamics on the Auction Block

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Private-equity firm Kohlberg & Co. is looking to sell Packaging Dynamics Inc., according to people familiar with the matter.

General Dynamics Earnings Rise

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General Dynamics Corp. on Wednesday reported forecast-beating quarterly profits and increased its 2014 guidance, with signs that orders for its core combat and information technology units have bottomed out.

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