GM CEO Looks to Shift Gears, Set Strategy Goals

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General Motors CEO Mary Barra plans to unveil a multiyear financial strategy that would deliver the superior profits and market-leading vehicles that have always seemed to be in GM's future, never its present.

Supervalu Reports Second Hacking Incident

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Supervalu on Monday reported that a second data breach into its payment card system occurred in late August or early September, just weeks after an initial one in early summer.

Murdoch Paid $29.2 Million at Fox

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21st Century Fox paid CEO Rupert Murdoch a salary of $7.1 million in the latest fiscal year, down 12%, but his total compensation rose about 1% to $29.2 million, due to growth in the value of his retirement plan.

Hyundai, Union in Tentative Wage Agreement

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Hyundai's labor union leaders reached a tentative wage deal with the company's management, raising hopes the South Korean auto maker can put an end to strikes.

Hong Kong Protests May Hurt Retailers

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Clashes between thousands of pro-democracy protesters and police are set to deal a blow to Hong Kong's retailers during one of the city's busiest shopping periods.

SoftBank-DreamWorks Merger Talks Cool

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SoftBank's talks to acquire DreamWorks Animation have cooled, according to people familiar with the matter, less than two days after word first emerged of the talks.

FCC Asks to See Contracts With Comcast

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The FCC wants media companies to submit details of their programming agreements with Comcast, as it reviews the proposed $45 billion merger with Time Warner Cable. TV channel owners are wary.

FCC Considers Rules for Web Video

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The FCC is considering regulations for companies that provide cable-like subscription video services via the Internet.

Ford Sharply Cuts Earnings Outlook

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Ford warned operating profit this year would be sharply below its earlier estimate, citing higher than expected costs of auto-safety recalls in the U.S. and economic weakness in Europe.

EBay to Spin Off PayPal Business

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EBay disclosed plans to separate its PayPal business into a separate publicly traded company next year, a victory for activist investor Carl Icahn, who had pushed for the company to split.

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