Lumber Liquidators Says Floors 'Completely Safe'

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Lumber Liquidators countered accusations raised on “60 Minutes” Sunday that the company sold laminate flooring that didn’t meet safety standards, saying the attacks were driven by short sellers.

Nasdaq Closes Above 5000 for First Time Since Dot-Com Era

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The Nasdaq Composite closed above the 5000-point level for the first time in almost 15 years, marking a milestone in the revival of an index that once was synonymous with dot-com excess.

Takata Cites Heat as Factor With Bad Air Bags

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Takata Corp. on Monday also said it is ramping up production of replacement kits for defective air bags amid widespread recalls and federal probes.

Google Confirms Wireless Service Plans

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Google plans to launch a small scale U.S. wireless service.

Zuckerberg Moves to Mend Fences With Telecom Industry

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Facing criticism from telecom carriers, Facebook’s Mark Zuckerberg struck a conciliatory tone.

Luxottica Reports Profit but Looks for Areas of Growth

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Italian eyewear company Luxottica said Monday its future growth will be fueled by a stronger retail network and by increasing sales of luxury goods in Asia and North America.

Costco Names Citi, Visa as Credit Partners

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Costco named Citigroup and Visa as its new credit partners, replacing American Express as the exclusive network at its stores beginning in April of next year. The deal will expand the type of plastic that is accepted at the chain.

Microsoft Plays Waiting Game in Smartphone Race

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Microsoft has a new fix-it plan for the company’s smartphone business: Wait a little longer.

Cardinal to Buy J&J's Heart Business

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Cardinal Health agreed to acquire the heart-product business Cordis from Johnson & Johnson for $1.94 billion in cash, in a move aimed at strengthening its cardiology efforts.

Russian Investors Launch New Energy Empire

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Russian investors led by billionaire Mikhail Fridman launched L1 Energy from a purchase of RWE Dea’s assets and threatened legal action if the U.K. tries to block the British part of the deal.

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