Investor's Solo Act Is a Hit in Houston

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When APF Properties was seeking a partner to acquire an office building in Houston’s ritzy West Loop/Galleria area, it was turned down by 60 investor groups. A year later, it has proved to be one of the best investments in the 19-year history of the New York firm.

Target Offers Free Holiday Shipping

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Free shipping offer for Web purchases is part of Target’s effort to compete with Amazon.com and Wal-Mart Stores and bounce back from a disastrous 2012 holiday season.

Coke Promises Cost Cuts as Profit Falls

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Coca-Cola Co. continues to flail as soda consumption declines in the U.S., China, Brazil and elsewhere. Third-quarter profit fell 14%, and Coke lowered its long-term revenue target and warned it will miss profit targets.

British Columbia Proposes Natural Gas Tax Break

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Canada’s British Columbia province introduced legislation to lighten the tax burden for natural-gas export terminals, a move aimed at spurring development.

Walgreen Faces Investor Pressure

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An activist adviser for union pension funds is pressing Walgreen Co. to postpone seeking shareholder approval of a major takeover until directors investigate allegations raised by former Chief Financial Officer Wade Miquelon in a defamation lawsuit.

GDF Suez Board Names Deputy CEO

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GDF Suez’s board appointed CFO Isabelle Kocher as deputy chief executive, as it moves to prepare the company for the departure of longtime leader Gérard Mestrallet, who will encounter age limits in 2016.

GT Advanced, Apple in Deal for 'Amicable' Split-Up

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GT Advanced Technologies has signed a pact with Apple Inc. for an “amicable parting of the ways,” Luc Despins, attorney for the bankrupt supplier to the technology giant, said Tuesday.

Bosses Seek 'Critical Thinking,' but What Is That?

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Critical thinking is a critical skill for young workers these days, but what bosses mean by that and how to measure it is less clear.

Mexican Stock Exchange's Chief Stepping Down

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Luis Téllez, chief executive of Bolsa Mexicana de Valores SAB, was recently named to country’s petroleum fund.

Siemens In Talks To Sell Hearing-Aid Business

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Germany’s Siemens AG is in advanced talks to sell its hearing-aid business, which could be valued at up to €2 billion, according to people familiar with the matter.

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