GM Slashes Jobs and Output in Russia

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General Motors is slashing jobs and car production in Russia in the latest sign that weakening sales in the once-hot market now threaten the auto maker's turnaround in Europe.

Report Criticizes Auto-Safety Regulator in GM Ignition Case

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The National Highway Traffic Safety Administration should have known a faulty General Motors ignition switch was cutting off power to air bags in its vehicles as early as 2007 but either overlooked evidence or failed to grasp it, according to a congressional report.

Publicis Extends Levy's CEO Term

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Publicis once again extended the term of veteran Chief Executive Maurice Lévy, highlighting the French ad group's struggle to find a successor as it searches for ways to rebound from its failed megamerger with Omnicom.

U.S. Regulator Sues Corinthian Colleges

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The U.S. consumer-finance regulator has sued troubled for-profit education firm Corinthian Colleges Inc., alleging the company prodded students into taking out unaffordable loans and used aggressive debt collection tactics.

Trump SoHo to Go on Block

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A lender to Trump SoHo, the upscale Manhattan hotel and condominium that Donald Trump unveiled on his television show The Apprentice, is foreclosing on the property and putting it up for sale, said people familiar with the matter.

New York Sues to Block Early Withdrawal of Alzheimer's Drug

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A plan by Actavis to withdraw its Alzheimer's treatment early in favor of a new extended-release version is aimed at protecting the company's profits, according to a suit from the state of New York.

Budweiser, a Big Sponsor, Criticizes NFL

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Anheuser-Busch said it was disappointed and increasingly concerned by the NFL's handling of recent incidents, which the brewer said "have overshadowed" the league's season.

UAW Ends Two-Tier Wages at Lear

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The United Auto Workers union managed to eliminate a controversial two-tier wage structure at U.S. auto supplier Lear Corp. in contract talks.

Nonunion American Customer-Service Workers Vote to Join Union

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Nonunion American customer-service agents and reservationists voted to join a union coalition that already represents their peers at US Airways, after an earlier, pre-merger vote by the American employees fell short.

Head of GM's Cadillac Brand Plans Revival

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The new head of General Motors Co.'s Cadillac luxury brand says he intends to slash inventories of unsold sedans in the U.S., push to reduce the number of dealerships and expand the portfolio of models.

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