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 Perdue saw items recalled
The Atlanta Journal-Constitution, October 31, 2014 Friday

 Republican U.S. Senate candidate David Perdue's primary defense against Democrats' attacks on outsourcing in his business career has been his time growing U.S. jobs as CEO of Dollar General.
 Mortgage firm flooded with complaints; 13,520 filed against Ocwen in 3 years
USA TODAY, October 31, 2014 Friday

 A major U.S. mortgage servicing firm under investigation for issuing backdated letters to borrowers who sought loan modifications is also the subject of thousands of consumer complaints, government data show. Ocwen Financial has been targeted by 13,520 complaints filed with the Consumer Financial Protection Bureau since December 2011 for problems involving loan servicing, foreclosures and related issues, according to the regulator's data. The complaint total ranked Ocwen third for...
 Black Friday has an earlier arrival; Amazon starting holiday shopping frenzy Saturday
USA TODAY, October 31, 2014 Friday

 Black Friday, the frenzied day of holiday-season shopping that traditionally begins after Thanksgiving, will launch this year before trick-or-treaters have had a chance to gobble up much of their Halloween candy.
 Twitter Appoints Product Chief, Replacing One Named 6 Months Ago
The New York Times, October 31, 2014 Friday

 SAN FRANCISCO -- Twitter has had so much drama in the executive suite that it could be the subject of a television series called ''Game of Tweets.'' On Thursday, the company said it had named a new executive to oversee all of its products -- its fourth product chief in just a few years -- to speed its sluggish efforts to make its social network easier and more compelling for new users and veterans. The new product chief, Kevin Weil, 31, is a rising star at Twitter and had been in charge of...
 Shell Earnings Buoyed by Strength in Liquefied Natural Gas
The New York Times, October 31, 2014 Friday

 LONDON -- Royal Dutch Shell said on Thursday that third-quarter earnings rose as it started to benefit from cost-cutting and from its large liquefied natural gas business.
 Co-Founder of Android Departs Top Google Post
The New York Times, October 31, 2014 Friday

 Andy Rubin, a high-ranking Google executive who spearheaded the company's entrance into mobile phones and tablets and was in charge of the company's nascent robotics group, has left the company.
 Profit Dives 26% at Barclays, Hampered by Big Legal Bill
The New York Times, October 31, 2014 Friday

 LONDON -- Barclays said on Thursday that third-quarter earnings fell 26 percent, hurt by a weaker performance in its investment bank and a charge for legal costs related to investigations into the possible manipulation of currency markets. Barclays is in the process of transforming itself into a much smaller bank with a less risky balance sheet. It is shrinking its investment bank -- created in part by its acquisition of the North American business of Lehman Brothers out of bankruptcy six years...
 Sanofi, owner of Genzyme, axes CEO; Effect on Cambridge unit, a key operation, is unclear
The Boston Globe, October 30, 2014 Thursday

 Fired: CEO Christopher Viehbacher Sanofi SA's sudden decision Wednesday to fire chief executive Christopher A. Viehbacher sent the company's stock tumbling as the impact on its US subsidiary, Genzyme, remained unclear. Sanofi bought the Cambridge biotech Genzyme Corp. in 2011, and Genzyme, which makes treatments for rare genetic diseases, has been a major money maker and one of the fastest growing units for the French company. Viehbacher, who helped engineer the takeover of Genzyme, even...
 Facebook falls after forecasting slower sales
The Boston Globe, October 30, 2014 Thursday

 Facebook recently bought WhatsApp, a messaging service, and Oculus, a maker of virtual reality headsets. Facebook Inc. fell the most since March after predicting the slowest revenue growth since early 2013. The social network's costs could rise as much as 75 percent next year as it hires more people and invests in newer products. It projected fourth-quarter sales that fall short of the highest analysts' predictions. "For the next 10 years," CEO Mark Zuckerberg says, "our focus is on driving the...
 RadioShack hires turnaround help
The Boston Globe, October 30, 2014 Thursday

 FORT WORTH, Texas — RadioShack has hired former Treasury Department adviser Harry J. Wilson to help with its turnaround efforts.
 UPS puts numbers to predictions
The Boston Globe, October 30, 2014 Thursday

 A UPS driver checked boxes on his truck. UPS expects to handle 585 million packages worldwide in December. ATLANTA — UPS expects to deliver more than 34 million packages on the busiest day of the holiday season, double the amount on a normal day.
 Samsung Reports Lowest Profit in 3 Years
The New York Times, October 30, 2014 Thursday

 SEOUL, South Korea -- Samsung Electronics reported on Thursday that its July-September quarterly profit fell to the lowest level in more than three years, as a decline in earnings from its smartphone business put the South Korean giant on track for its worst year since 2011.
 Amazon's Grand Design for Devices
The New York Times, October 30, 2014 Thursday

 Amazon introduces new gadgets the way a guerrilla army prepares for attack: unsteadily at first, and then with unexpected ferocity. The company usually begins by putting out feelers to test the market. In 2007, it started selling its first e-reader, the Kindle, a device that went for $399 and was as ugly as a naked mole rat. But Jeff Bezos, Amazon's chief executive, is known for patience and a willingness to experiment. At some point, because Amazon's data showed that Kindle owners purchased...
 Frustrated by Communication, Sanofi Fires C.E.O. but Retains His Global Strategy
The New York Times, October 30, 2014 Thursday

 PARIS -- After the French drug maker Sanofi abruptly fired its outspoken chief executive, Christopher A. Viehbacher, on Wednesday, its chairman said the company would continue its international strategy -- a focus that Mr. Viehbacher was often criticized for in France. Serge Weinberg, the chairman, told reporters and analysts that the board members did not disagree with Mr. Viehbacher on strategy but rather were unhappy with his execution and failure to communicate with them.
 Apple Pay Rival Open to Other Technology
The New York Times, October 30, 2014 Thursday

 Facing pressure from supporters of Apple's new mobile payment system, the consortium of major retailers creating a rival system said on Wednesday that it might adjust its strategy.
 CBRE posts 31% jump in revenue in quarter
Los Angeles Times, October 30, 2014 Thursday

 CBRE Group Inc., the world's largest commercial real estate brokerage, reported a 31% jump in revenue during the third quarter to $1.7 billion, led in part by a surge in property sales around the globe.
 T-Mobile adds 2.3M customers, but earnings fall
The Seattle Times, October 29, 2014 Wednesday

 T-Mobile US, the country's fourth-largest wireless carrier, outpaced its two biggest competitors in net customer additions this quarter, but it came at a price. The Bellevue company added 2.3 million net customers from July to September, 1.2 million of which were postpaid phone users - considered the most lucrative customers in the telecom industry. That is more than double what the company saw last quarter. To compare, Verizon said last week that it gained 1.5 million net customers last...
 Macy's to expand its brand outside the US with a store in Abu Dhabi
The Boston Globe, October 29, 2014 Wednesday

 DUBAI, United Arab Emirates — The Middle East is getting the world's first Macy's department store outside the United States, plus its second Bloomingdale's.
 Lowe's tests customer-help robots
The Boston Globe, October 29, 2014 Wednesday

 NEW YORK — Lowe's is testing whether robots can ­improve customer service, like helping a shopper find something as simple as a nail.
 Stocks rise as profits, confidence post gains
The Boston Globe, October 29, 2014 Wednesday

 Strong earnings reports from Amgen, AutoNation, and engine maker Cummins pushed stocks higher. Investors were also cheered by news that a key gauge of US consumer confidence rebounded, an encouraging sign for retailers heading into the holiday shopping season. 'We're predicting Christmas is going to be very strong,' said one equity strategist. In other economic news, orders for long-lasting manufactured goods fell in September. Investors will be looking to the news on Wednesday for insight from...
 AT&T allegedly misled on unlimited data plans; Speeds slowed as much as 95%
The Boston Globe, October 29, 2014 Wednesday

 WASHINGTON — Three years ago, AT&T warned smartphone customers with "unlimited" data plans that their connections might be slowed if they used a lot of data. On Tuesday, the Federal Trade Commission said AT&T's disclosure was deceptive because it was not specific enough.
 Alere Health to be sold for $600m
The Boston Globe, October 29, 2014 Wednesday

 Alere Health, a unit of Waltham-based Alere Inc. that provides well-being services in areas like tobacco cessation and home obstetrics, agreed to be acquired by Optum, a health services arm of the insurer UnitedHealth Group, for $600 million in cash.
 UBS Profit Rises in Face of a Variety of Inquiries
The New York Times, October 29, 2014 Wednesday

 The Swiss bank UBS remains bogged down by unsettled regulatory investigations, even as it reported healthier third-quarter profit on Tuesday. The company said its profit for the quarter that ended Sept. 30 increased 32 percent, to 762 million Swiss francs ($804 million), up from 577 million francs in the period a year earlier. The strong results came even as the bank took a nearly $2 billion charge for legal costs. Still, the firm faces myriad legal issues. The bank said it did not expect the...
 Beijing Moves In on Energy Potential of South China Sea
The New York Times, October 29, 2014 Wednesday

 HONG KONG -- For the past several years, China has been throwing its weight around the South China Sea, a body of water studded with coral reefs that laps at the shores of not only China but also Vietnam, Malaysia, the Philippines, Brunei and Taiwan. China has sent ships to stake claims across the area, notably when a flotilla that included the country's most advanced amphibious assault vessel arrived at James Shoal, 50 miles east of Malaysia's coast, in 2013.
 G.M. Plans New Version of Its Volt for 2015
The New York Times, October 29, 2014 Wednesday

 DETROIT -- General Motors hopes to invigorate sales of its slow-selling Chevrolet Volt by introducing a new version of the plug-in hybrid sedan next year, with more of its parts production taking place in Michigan.

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