Icahn Raises Dell Stake, Urges Tender Offer

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Carl Icahn called for Dell to launch a tender offer for up to $16 billion of its shares, and he also bought about 72 million shares, making him the second-largest holder in the company.

Wal-Mart Plays Catch-Up With Amazon

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Wal-Mart, in its efforts to catch up to Amazon, is creating a vast new logistics system that includes building warehouses for Web orders but also uses workers in stores to pack and mail items to customers.

Boeing 787 Makes Unscheduled Landing

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A Boeing 787 Dreamliner operated by United Airlines of a flight from Denver to Tokyo made an unscheduled landing in Seattle because of an apparent problem with an engine oil filter. There was no fire or immediate threat.

Alcatel to Overhaul Finances

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Alcatel-Lucent on Wednesday plans to announce steps aimed at increasing its financial flexibility and the efficiency of its loss-plagued operations, according to people familiar with the matter.

Speedy Traders in Talks On Tie-Up

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Two of the largest independent U.S. high-frequency-trading firms are in early merger discussions, as a downturn in trading opportunities has spurred cutbacks and tie-up talks among rivals

Boeing Wins Orders for Stretched 787

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Boeing signed up five customers for a new stretched version of its Dreamliner, a milestone in a marketing push it hopes will reignite sales of the aircraft after the current version was temporarily grounded this year.

Dish Network Drops Pursuit of Sprint

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Dish Network said it isn't pursuing a new offer to buy Sprint Nextel and instead is focusing on its tender offer for wireless provider Clearwire.

Christie's Sale Is Solid but Lacks Sizzle

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Christie's London sold $100.4 million of Impressionist and modern art, including a $21.2 million Kandinsky, but the sale lacked the fever-pitch sizzle of similar sales in February and May.

Brazilian Firm Pulls IPO

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The planned initial public offering by Votorantim Cimentos of up to $4.73 billion would have been the second-biggest IPO in the world this year.

Amazon Vexed by Strikes in Germany

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An escalating labor dispute between Amazon.com and its German workforce threatens to undermine the online retailer's reputation and business model in its largest foreign market.

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