U.S. Growth Slows to 2.6% in Fourth Quarter

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U.S. economic growth retreated to a modest pace in the final months of 2014, underscoring obstacles facing the recovery as troubles mount abroad.

Tyson Foods Tops Expectations on Surging Sales

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Tyson Foods posted a better-than-expected 24% jump in revenue in its December quarter as sales in its packaged food segment surged. The results topped Wall Street expectations.

Altria Sales Grow on Higher Prices

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Altria Group posted increased revenue in the fourth quarter as higher prices offset a decline in cigarette volume. The cigarette maker also said its operating chief, Dave Beran, would retire March 1 after nearly four decades with the company.

Bank of Russia Cuts Interest Rates

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Russia’s central bank unexpectedly cut its key interest rate by two percentage points, saying a sharp economic slowdown would soon ease inflationary pressures, prompting the ruble to fall.

Flight Attendant Claims Pressure to Cover Up 'Nut Rage' Incident

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The flight attendant at the center of the “nut rage” incident involving the daughter of the chairman of Korean Air said she lied about what happened because she felt pressure from company executives to speak well of the heiress.

BT Plans $2.3 Billion Pension Plug

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BT Group plans to inject $2.3 billion into its pension plan by the end of April as part of a new 16-year program at the British telecom operator to shrink its multibillion-dollar pension-fund deficit.

Eli Lilly Sales Hit by Patent Expirations, Currency

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Eli Lilly and Co. said foreign-exchange pressures weighed on sales in the most recent quarter as the pharmaceutical company continued to suffer the impact of patent expirations on some of its key drugs.

JAL, ANA Cautious About Helping Bankrupt Skymark Airlines

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Japan’s two biggest airlines are taking a wary stance over helping Skymark Airlines after it filed for bankruptcy protection earlier this week.

Mattel Vows Urgency to Improve Results

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Toy maker Mattel confirmed a decline in sales and profit during the crucial holiday-shopping quarter, and said it would act with urgency to improve results.

Costco to Spend $2.2 Billion to Pay One-Time Dividend of $5 Per Share

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Costco Wholesale Corp. said Friday that it will spend $2.2 billion to pay out a one-time dividend of $5 a share.

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