EU Says Apple, Fiat Tax Deals Broke Rules

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European Union regulators said they believe that tax deals granted to Apple in Ireland and Fiat in Luxembourg constitute illegal state support for the companies.

Johnson Controls Plans to Sell Building-Management Business

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Johnson Controls is seeking to sell its building-management service amid an effort to focus more tightly on making high-value equipment, the company said Tuesday.

GM CEO Looks to Shift Gears, Set Strategy Goals

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General Motors CEO Mary Barra plans to unveil a multiyear financial strategy that would deliver the superior profits and market-leading vehicles that have always seemed to be in GM's future, never its present.

J&J to Acquire Alios BioPharma for $1.75 Billion

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Johnson & Johnson agreed to acquire privately held Alios BioPharma

Supervalu Reports Second Hacking Incident

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Supervalu on Monday reported that a second data breach into its payment card system occurred in late August or early September, just weeks after an initial one in early summer.

Netflix Pushes Into Movie Making

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Netflix said that its first original movie, "Crouching Tiger, Hidden Dragon: The Green Legend," will premiere next year, a signal that the streaming service is seeking to disrupt the Hollywood model of film rollouts.

Murdoch Paid $29.2 Million at Fox

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21st Century Fox paid CEO Rupert Murdoch a salary of $7.1 million in the latest fiscal year, down 12%, but his total compensation rose about 1% to $29.2 million, due to growth in the value of his retirement plan.

Hyundai, Union in Tentative Wage Agreement

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Hyundai's labor union leaders reached a tentative wage deal with the company's management, raising hopes the South Korean auto maker can put an end to strikes.

Hong Kong Protests May Hurt Retailers

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Clashes between thousands of pro-democracy protesters and police are set to deal a blow to Hong Kong's retailers during one of the city's busiest shopping periods.

UnitedHealth Group to Buy MedSynergies

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UnitedHealth Group Inc. will acquire closely held MedSynergies Inc., a move to deepen the company's role in the growing trend toward integrated health-care providers.

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