EBay to Raise $3.5 Billion in Debt Offering

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EBay is offering $3.5 billion in debt to help fund general operating activities as well as pay down outstanding short-term loans.

Facebook Answers Critics With Mobile-Ad Surge

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Facebook reported that profit more than doubled and revenue topped estimates for the ninth straight quarter. About 62% of Facebook's ad revenue now comes from advertising on mobile devices.

Investors Bank on Sugar Squeeze

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Many investors are sticking to their bullish bets on sugar, anticipating that a sharp drop in Brazilian output will curb global supply growth.

Bombardier Shakes Up Organization, to Cut 1,800 Jobs

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Canadian transportation-equipment giant Bombardier Inc. said the head of its aerospace unit is retiring as part of a corporate shake-up that will see the company shed 1,800 jobs.

Otter Media in Talks to Buy Fullscreen

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Otter Media, a joint venture between AT&T Inc. and media company Chernin Group, is in advanced talks to take a controlling stake in YouTube video producer Fullscreen Inc.

GM Plans Six More Recalls

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GM unveiled six safety recalls covering 717,950 vehicles in the U.S., citing a variety of safety issues.

Meal-Delivery Startups Look for Winning Recipe

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Meal-delivery startups such as Plated and Blue Apron, along with their investors are hoping to avoid the fate of dot.com era food industry failures.

Some Teva Investors to Vote Against Directors

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Some of the biggest shareholders of Teva aim to register their dissatisfaction with the pharmaceutical company's board by opposing the re-election of one or two members and other management proposals.

Glaxo Reduces Earnings Forecast

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GlaxoSmithKline downgraded full-year earnings expectations, as its second-quarter profit was hit by currency moves, weak sales of its respiratory drugs and the continuing bribery investigation in China.

Pradaxa Study Recommends Blood Tests

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Three medical-safety experts say the blood thinner Pradaxa can cause dangerous bleeding episodes that could often be avoided by giving patients blood tests to assess how their bodies respond to the drug.

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