Costco Must Do More to Battle Amazon

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Costco shares should continue to suffer under the weight of competition from Amazon.com and others.

BlackBerry Outsourcing Handset Business

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BlackBerry Ltd. said it would outsource the making of handsets and instead focus on developing secure software and services.

BlackBerry Can't Let Software Get Hung Up

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BlackBerry’s exit from handsets puts all hope on software, where competition is fierce.

Wal-Mart in Talks to Invest in Flipkart

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A deal would give Flipkart a powerful partner in its battle against Amazon to become the dominant online retailer in India.

Restaurant Chain Cosi Inc. Files for Chapter 11

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Soup and sandwich chain Cosi Inc. has filed for chapter 11 protection, with plans of selling itself to lenders.

Companies Pick Wages Against the Machine

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This year’s weak capital spending figures are at odds with the strength in U.S. hiring.

Saudi Aramco Retirees Hold On Tightly to Their Company Ties

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Saudi Aramco—the world’s biggest oil company heading toward the world’s biggest public offering—has been largely walled off from Westerners, but a select group of Americans have a unique insider perspective: its retirees.

Yellen Says There Is 'No Fixed Timetable' on Rate Increase

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Federal Reserve Chairwoman Janet Yellen said there is “no fixed timetable” for raising interest rates as the economy continues its recovery, in testimony before the House Financial Services Committee.

Tencent Tries Out a Stickier WeChat

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Columnist Li Yuan writes that Tencent’s WeChat messaging platform wants to become a one-stop app that users would rarely have to leave to use other mobile apps.

Redstone Firm to Call on Viacom, CBS to Weigh Merger

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National Amusements, the controlling shareholder of Viacom and CBS, is set to call for the media companies to consider a merger, according to a person familiar with the matter.

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