Thomas Cook CEO Quits

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Shares in Thomas Cook dropped over 20% as the travel company announced the surprise departure of Chief Executive Harriet Green after just two years.

Zalando Revenue Surges

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Online retailer Zalando said third-quarter revenue surged 24%, boosted by growth in non-German speaking parts of Europe and as cost improvements helped boost profitability.

EE Confirms Talks With BT

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U.K. mobile operator EE said it is in exploratory talks with BT Group, but cautioned that it is too early to state whether any transaction may occur.

Sony to Revamp Smartphone Unit

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Sony pledged to return its money-losing smartphone unit to profitability over the next year even if it means drastically lower sales.

CEOs' Test: Dealing With Activist Investors

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Shareholders have become more assertive in challenging CEOs since the financial crisis. How chief executives respond has become a new measure of their mettle.

CEOs' Test: Dealing With Activist Investors

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Shareholders have become more assertive in challenging CEOs since the financial crisis. How chief executives respond has become a new measure of their mettle.

Supreme Court to Review EPA Rule on Power-Plant Emissions

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The U.S. Supreme Court agreed to review the first-ever national environmental standards requiring power plants to reduce emissions of mercury and other toxic air pollutants.

Samsung to Sell Unit Stakes

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Samsung Group will sell controlling stakes in chemical and defense units for $1.7 billion as South Korea’s largest conglomerate continues restructuring moves ahead of an expected leadership succession.

Should Crowdfunding Sites Vet Projects?

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Should Kickstarter and Indiegogo take a more active role in checking out projects on their sites before allowing the public to contribute money that may never be returned?

Amazon Drones? Not So Fast

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Planned federal rules would likely preclude delivery drones being developed by Amazon and Google, and make some other potential drone uses too expensive for small businesses, industry proponents said.

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