Strikes by Train Drivers, Pilots Hit Germany

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Strikes by German train drivers and airline pilots are threatening Europe’s largest economy and pushing the government into toughening up labor laws, a senior politician said Monday.

Walgreen Says Ex-CFO Was Responsible for Financial Forecast

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Walgreen Co. challenged the version of events presented by its former Chief Financial Officer Wade Miquelon in a defamation lawsuit, saying in a court motion that the former executive was responsible for the disappointing financial forecast that preceded his departure.

Big Chains Put a Lock on First-Run Movies

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Multiplex movie chains are more frequently gaining exclusivity of new releases in certain areas, shutting out independent theaters.

ISS, in Switch, Backs Chiquita-Fyffes Deal

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An influential shareholder advisory firm changed course Monday and recommended Chiquita Brands International Inc. shareholders vote in favor of its planned tie-up with Irish fruit grower Fyffes.

Fujifilm to Boost Production of Antiflu Drug for Ebola Treatment

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Fujifilm Holdings Corp. said Monday it is preparing to manufacture up to 300,000 new courses of treatment of its anti-influenza drug for use in people with Ebola virus disease—the latest sign of the drug industry’s scramble to help contain the widening outbreak.

Humanity's Last Great Hope: Venture Capitalists

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Tech billionaire Bryan Johnson says he plans a $100 million fund that will invest in “crazy” projects that aim to build a better world. With government R&D spending stagnant, more VCs should step up on philanthropic innovation.

PetMed Posts Lower Earnings

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PetMed Express said its third-quarter profit dropped 34% due to a shortened flea and tick season. Results missed estimates, pushing shares down.

Investor Group to Buy Cleco for $3.4 BIllion

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ClecoCorp. agreed to be acquired by a group of infrastructure investors for about $3.4 billion.

Adidas Shares Jump on Talk of Reebok Bid

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Shares in German sportswear company Adidas jumped as much as 8.1% on Monday amid optimism about a potential $2.2 billion bid for its Reebok unit.

Weak Europe Earnings Underline Economic Outlook

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European companies’ business weakened in recent months, the first wave of major earnings releases this quarter showed, reinforcing a grim outlook for the continent’s economy.

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