Wal-Mart Makes Cuts in China

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Wal-Mart Stores Inc. is cutting nearly 30 directors and midlevel managers in China, where the retailer is pushing to contain costs and improve slumping sales.

Salesforce Boosts CEO's Compensation

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Salesforce.com gave Chief Executive Marc Benioff a nearly 8% raise in salary and target bonus and awarded him stock options with an indicated value of roughly $33 million.

AT&T Backtracks on Threat to Halt Fiber Rollout

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AT&T backpedaled from a threat to freeze the rollout of its ultrafast Internet service because of uncertainty around the government’s net-neutrality rules.

Standard General to Trade RadioShack Shares for Board Seats

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Standard General has agreed to give up some of its potential stake in a recapitalized RadioShack in exchange for four board seats, a move that could help the struggling electronics chain stave off a bankruptcy filing.

REIT American Realty Capital Hasn't Set Date Yet for Annual Meeting

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Real-estate investment trust American Realty Capital Properties Inc. said Wednesday that its board hasn’t yet determined when its annual shareholders meeting will take place.

GoPro Developing Consumer Drones

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GoPro is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts.

Rio Tinto OKs Canada Diamond Mine Development

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Rio Tinto PLC approved a $350 million extension at a remote subarctic diamond mine in Canada that the resources group controls with Dominion Diamond.

Avanir to Provide More Human-Factor Data for Migraine Treatment

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Avanir Pharmaceuticals, which previously said the FDA had questions about “human factor” study data for a migraine treatment, said it will provide new data.

Appeals Court Bars Motorola Antitrust Lawsuit Against LCD Makers

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A federal appeals court on Wednesday threw out antitrust claims by phone maker Motorola Mobility that sought damages from Asian electronics companies for alleged price fixing on liquid-crystal-display panels.

Lawsuit Alleges Palladium, Platinum Prices Manipulated

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Goldman Sachs, HSBC Holdings, Standard Bank Group and BASF have been accused of manipulating platinum and palladium prices in a lawsuit filed in New York by a jeweler.

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