Red Hat to Acquire FeedHenry for $81.8 Million

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Red Hat agreed to acquire privately-held FeedHenry for $81.8 million, the latest in a series of deals that expands the open-source software provider's capabilities in cloud-based applications for big businesses.

Boeing Faces a Future Without Fighter Jets

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Aerospace giant Boeing is preparing to shift away from fighter jets as orders dry up, leaving a company with a rich military history without a fighter and ceding the market to Lockheed.

NFL Sponsors Speak Out---but Keep on Advertising

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As controversy swirls around the NFL, brands are facing a difficult task: how to make a strong statement against wrongdoing like domestic violence without jeopardizing lucrative deals with the league.

Daimler Sees Sales of More Than €120 Billion in 2014

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The German auto maker has specified its forecasts for the year, projecting sales of more than 2.4 million vehicles amounting to more than €120 billion.

Toshiba Restructures PC Business

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Toshiba said it would accelerate the restructuring of its PC business to focus on the business-to-business field and would withdraw from certain consumer markets.

Robots Work Their Way Into Small Factories

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New, relatively inexpensive collaborative robots—designed to work alongside people in close settings—are changing how some smaller U.S. manufacturers do their jobs.

AWE Makes Big Gas Find

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AWE said it may have made the largest onshore natural-gas discovery in Western Australia for 50 years.

LightSquared Lost $81.4 Million in August

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LightSquared blew through $81.4 million in August, and Philip Falcone's wireless venture has now lost $1.6 billion since it filed for bankruptcy protection in May 2012.

Demand for ECB Loans Disappoints

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The European Central Bank's first offering of cheap, four-year loans to eurozone banks failed to generate as much interest as expected.

Sony's Turnaround Stumbles

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Sony's last hopes for turning around its electronics arm have faltered. The company, which expects to post a fiscal-year loss of $2.15 billion, said it won't be a major player in the smartphone market as it is still struggling amid competition.

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