Reynolds American Former CEO Susan Cameron to Return to Post

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Reynolds American Inc. said Wednesday that Chief Executive Daniel Delen is retiring after three years at the helm and will be replaced by Susan Cameron, the cigarette company's former top executive.

Yahoo CEO's Compensation Falls

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Yahoo CEO Marissa Mayer received $26.9 million in compensation last year, down from $36.6 million in 2012. Her stock awards fell to $8.3 million from $35 million.

Tesco Earnings Decline

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Tesco wrote down the value of its European business by $1.23 billion and reported the U.K.-based supermarket chain's second consecutive drop in annual earnings.

Volkswagen SUV Decision Could Come Soon

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A highly anticipated decision on whether Volkswagen AG will make a new sport-utility vehicle in the U.S. could come within the next several months, the head of the auto maker's American operations said.

Discovery Out of Running for U.K.'s Channel 5

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U.S. cable network-owner Discovery Communications Inc. is no longer in the running to acquire the U.K.'s Channel 5, according to a person familiar with the matter.

Starbucks to Move European Headquarters to U.K.

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The world's biggest coffee-store chain plans to move its headquarters for Europe, Middle East and Africa to London from Amsterdam and will have to pay more U.K. tax as a result.

Steel Dynamics Profit Drops 20% on Higher Costs

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Steel Dynamics Inc. said its first-quarter earnings fell 20% as severe winter weather led to higher energy costs and lower shipments.

Telecom Italia Appoints Chairman, Adds Directors

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Telecom Italia's shareholders appointed Giuseppe Recchi as chairman Wednesday as part of a board reshuffling that also saw a doubling in the number of independent directors.

Judge Rules Customer Suit Against Corzine Can Move Ahead

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A federal judge said a lawsuit filed by a former MF Global futures customer against former CEO Jon Corzine and other top officials could move forward but dismissed all claims against independent directors and investment firm J.C. Flowers & Co.

Zoosk Files Plans to Raise $100 Million in IPO

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Zoosk Inc. filed plans to raise up to $100 million in an initial public offering as the online dating website looks to raise money to obtain additional capital and for other purposes.

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