UPS Sees an 11% Jump in Shipments in December

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UPS said its revenue rose 5.7% in the latest quarter, boosted by a higher number of deliveries from overseas, and added that it expects shipments in December to jump 11% from a year ago.

P&G to Exit Duracell Battery Ops

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P&G said it plans to exit its Duracell battery business and will likely split the operation off into a separate company, part of its plan to shed up to half its brands to simplify and speed sales growth.

Uncool Microsoft Is Hot Once Again as Sales Defy Expectations

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Microsoft’s sales continue to defy expectations by growing at a much faster clip than those of its business-technology peers.

Ford's Profit Falls

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Ford said third-quarter net income fell to $835 million from $1.27 billion a year ago as lower production, and warranty and recall costs led to lower profits in North America, and losses in Europe hurt results.

Will Free Data Become The Next Free Shipping?

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Services that offer users data or pay data costs for visiting websites, signing up for free trials or watching movie trailers from smartphones or tablets are gaining traction.

Amazon Stumbles on Spending

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Amazon’s soaring ambitions are coming at a steep cost, dragging the e-commerce giant to its largest quarterly loss in 14 years.

Fallout Grows From Faulty Air Bags

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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.

U.K. Growth Slows in Third Quarter

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U.K. economic growth slowed in the third quarter, official data showed, in the latest sign the global recovery may be losing steam.

Statoil Pockets New Australian Exploration Permit

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Norway’s Statoil has secured an exploration permit in the Northern Carnarvon Basin in the northwest part of Australia, its third asset in the country.

Pension Firms Attack EU Plans

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Europe’s pensions industry has accused its European Union regulator of over-reaching its authority by pursuing plans to develop what pension funds say amounts to a new and onerous capital regime.

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