Wal-Mart Makes Cuts in China

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Wal-Mart Stores Inc. is cutting nearly 30 directors and midlevel managers in China, where the retailer is pushing to contain costs and improve slumping sales.

Salesforce Boosts CEO's Compensation

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Salesforce.com gave Chief Executive Marc Benioff a nearly 8% raise in salary and target bonus and awarded him stock options with an indicated value of roughly $33 million.

Standard General to Trade RadioShack Shares for Board Seats

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Standard General has agreed to give up some of its potential stake in a recapitalized RadioShack in exchange for four board seats, a move that could help the struggling electronics chain stave off a bankruptcy filing.

REIT American Realty Capital Hasn't Set Date Yet for Annual Meeting

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Real-estate investment trust American Realty Capital Properties Inc. said Wednesday that its board hasn’t yet determined when its annual shareholders meeting will take place.

GoPro Developing Consumer Drones

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GoPro is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts.

Rio Tinto OKs Canada Diamond Mine Development

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Rio Tinto PLC approved a $350 million extension at a remote subarctic diamond mine in Canada that the resources group controls with Dominion Diamond.

Avanir to Provide More Human-Factor Data for Migraine Treatment

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Avanir Pharmaceuticals, which previously said the FDA had questions about “human factor” study data for a migraine treatment, said it will provide new data.

Petrobras Woes Scaring Away Investors

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A corruption investigation involving Brazilian state-controlled energy firm Petroleo Brasileiro is now being viewed as a liability to investors.

Deere Sees Big Decline in Equipment Sales

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Deere projected a 20% decline in farm equipment sales for the recently started business year, warning again that lower commodity prices and falling farm incomes are putting pressure on demand for agricultural machinery.

C&J Energy Begins Court-Ordered Solicitation of Alternatives to Nabors Deal

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C&J Energy Services has started its court-ordered process of seeking alternative deal proposals to its planned merger with a Nabors Industries unit.

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