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.

Franchisees Buck Minimum-Wage Push

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Owners of fast-food restaurants and other franchises are mobilizing to counter the spread of union-backed worker strikes and protests seeking higher wages.

Yik Yak, Big in Schools, Is a Hit With Investors Too

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Yik Yak, the anonymous-messaging app that has spread rapidly across college campuses, is proof that it can take as little as a year these days to go from zero to a valuation of hundreds of millions of dollars.

Amgen Ends Trials of Stomach-Cancer Therapy

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Amgen said it ended clinical studies of a treatment for advanced stomach cancer based on safety concerns.

Wal-Mart Adds Former American Airlines CEO Horton to Board

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Wal-Mart Stores Inc. has added Tom Horton, the former chief executive of American Airlines, to the retailer’s board, bringing its size to 16 directors.

Saks Fifth Avenue Flagship Valued at $3.7 Billion For Loan

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Hudson’s Bay said Monday it took out a $1.25 billion mortgage on the ground floor of Saks’ flagship store in Manhattan and said the building has been appraised at $3.7 billion, well above what the Canadian company paid for all of Saks a year ago.

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.

Pressing a Google Breakup

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Some European legislators, with German government backing, are preparing a draft resolution calling for the breakup of Google, adding pressure on the EU’s new competition chief to proceed forcefully.

Redbox Raising DVD Rental Price by 25%

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Redbox is raising its DVD rental price by 25%, in a move that could improve the company’s stagnant bottom line and help the Outerwall Inc. unit invest in new technology.

United Technologies CEO Chenevert to Retire

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United Technologies Corp. said Chief Executive Louis Chenevert plans to retire, effective immediately, and it named Chief Financial Officer Gregory Hayes as his successor.

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