Xerox Settles With Shareholder, Reports Decline in Revenue

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Xerox reached a settlement with a major shareholder granting him special shares in the copier maker’s two businesses after its split. The company also reported a bigger-than-expected decline in revenue but still swung to a profit.

Amazon's Shipping Costs Likely to Surge With Holiday Orders

Related Link: Inc.’s shipping costs are likely to spiral higher in the fourth quarter because of the combination of more expensive fast shipping and greater holiday-related volumes.

T. Rowe Price Pushes Oracle to Boost NetSuite Bid

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T. Rowe Price, which has stood in the way of Oracle’s $9.3 billion acquisition of NetSuite, said it would tender its shares in favor of the deal if Oracle sweetens the offer by $2 billion.

Backlash Against Drug Prices Hits Manufacturers and Middlemen

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The backlash against the high and rising cost of medicines may be cracking the foundation of the convoluted U.S. drug-pricing system, hitting the bottom lines of manufacturers and industry middlemen that have benefited from increases.

Baker Hughes CEO Confirms Talks With GE

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Baker Hughes confirmed that it is in discussions with GE., a day after The Wall Street Journal reported the companies were in talks about a potential transaction.

Startup Ditches Semiautonomous Car Kit After Regulatory Scrutiny

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A high-profile Silicon Valley startup nixed its plan to market an aftermarket kit that could be installed in some cars to take over driving, after U.S. regulators began asking questions about the product.

Uber Drivers Entitled to Workers' Rights, U.K. Tribunal Rules

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Drivers for Uber are entitled to workers’ rights including the minimum wage, a London tribunal ruled, a potential setback for the ride-hailing service.

AB InBev Cuts Revenue Forecast

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Anheuser-Busch InBev NV cut its revenue forecast for the year after the world’s largest brewer reported weak third-quarter results, dragged down by surging financing costs and slumping sales in Brazil and the U.S.

Growth Rebounds to 2.9% After a Weak First Half

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U.S. economic growth accelerated at a 2.9% rate in the third quarter, the fastest recorded in two years, giving voters their last comprehensive look at the economy’s health before the election.

Warning of a Price War Among Drug Wholesalers Sends Shares Sliding

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Shares of drug wholesalers were slammed amid signs a price war has broken out in the sector, following a dour earnings report from McKesson.

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