BT in Talks to Buy Telefónica U.K. Unit

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BT said it is in talks to buy Telefónica’s U.K. mobile business, O2, as the British telecom incumbent lays out its ambitions to be a fully fledged wireless operator in the U.K.’s converging telecom market.

Drone Flights Face FAA Hit

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Highly anticipated federal rules on commercial drones are expected to require operators to have a license and limit flights to daylight hours, below 400 feet and within sight of the person at the controls.

Samsung Considers Shuffling Top Ranks

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Samsung is considering a major leadership shake-up after a year that saw its profitability, market share and stock prices slide.

UTC CEO Abruptly Steps Down

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United Technologies disclosed the sudden retirement of Chief Executive Louis Chenevert and named Chief Financial Officer Gregory Hayes as his successor.

Budweiser Crowded Out by Craft Beer Craze

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Budweiser, hoping to revive its fading name, plans to focus sales efforts exclusively on 21- to 27-year-olds, setting aside the Clydesdales in favor of fresher marketing moves involving Jay-Z, zombies and others.

Accident at DuPont Puts Plant in Spotlight

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DuPont’s chemical plant in La Porte, Texas, for many years has gained a strong reputation among industrial-safety experts for migrating to safer chemicals. But a deadly gas leak at the plant is now raising questions.

Merck Obtains Rights to Ebola Vaccine

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Merck & Co. has obtained the rights to an experimental Ebola vaccine developed by NewLink Genetics, another sign of the scramble by pharmaceutical companies and other groups to find new ways to combat the deadly viral outbreak centered in West Africa.

ISS Urges Vote Against JDS Uniphase Board Member

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Sandell Asset Management Corp. said influential proxy firm Institutional Shareholder Services is urging JDS Uniphase Corp. shareholders to vote against board member Martin Kaplan.

BioMarin to Pay Up to $840 Million for Prosensa

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BioMarin Pharmaceutical said it agreed to acquire Prosensa Holding NV, a bet that regulators will approve Prosensa’s lead product candidate for a rare form of muscular dystrophy.

Utilities Press Railroad to Speed Coal Deliveries

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Saying they are running short on coal, electric utilities are trying to pressure Warren Buffett’s BNSF Railway Co. to speed up deliveries on its congested tracks before the worst of the winter weather hits.

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