Best Buy Rewards Shareholders

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Best Buy unveiled plans to buy back shares for the first time since 2012 and boosted its dividend by 21%, as the electronics retailer posted better-than-expected profit in its holiday quarter.

Actavis Sells $21 Billion in Bonds

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Actavis launched a $21 billion bond sale Tuesday and lowered the expected yields on the deal, reflecting strong investor demand for a bond that should rank as the second-largest corporate offering on record.

Navistar Narrows Loss

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Navistar International Corp. on Tuesday said cost reductions and improving sales of its medium-duty trucks and school buses helped the company narrow its loss in the January quarter.

EU Considers Lenient Rules on Net Neutrality

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Present proposals could allow telecom companies serving Europe more leeway than U.S. counterparts.

Air Berlin to Launch Turnaround Plan

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Air Berlin, Germany’s second-largest airline, is embarking on another turnaround plan as its new chief executive seeks a return to operational profitability in 2016.

BlackBerry to Launch Four New Devices

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BlackBerry Ltd. said a new touch-screen phone will be one of four devices it launches this year, as it bolsters its turnaround effort.

Frontier CEO 'Sister' Steps Aside

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Frontier Communications Corp. said Tuesday that Chief Executive Maggie Wilderotter—whose sister, Denise Morrison, is CEO of Campbell Soup—will transition to an executive chairman role next month.

Google's Schmidt Meets EU's Antitrust Chief

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Google’s Executive Chairman Eric Schmidt met the European Union’s new antitrust chief in Brussels, ahead of a key decision on where to take the bloc’s long-running investigation into the U.S. search giant.

Aston Martin Outlines Expanded Lineup

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Sports-car maker Aston Martin plans to outline plans for a seven-vehicle lineup at this week’s Geneva auto show, part of a strategy to lift sales under its private-equity owners.

Crude on Derailed Train Contained High Level of Gas

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The crude oil aboard the train that derailed and exploded two weeks ago in West Virginia, contained combustible gas exceeding the new cap that goes into effect next month.

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