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Activist investor Elliott Management called for change at Cognizant, a $34.6 billion IT-outsourcing firm whose growth prospects have been upended by the rise of cloud computing.
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Texas has much to lose if the Nafta free-trade deal is changed significantly, and business owners in the state are hoping President-elect Donald Trump won’t carry out his threats to revamp the agreement.
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Tesla Motors has come under fire from the SEC for using prohibited accounting metrics and sharing that information with investors, according to regulatory correspondence.
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Allstate Corp. said Monday it had agreed to acquire privately-held Squaretrade Inc., which sells warranties for electronic products, in a deal worth about $1.4 billion.
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Time Inc. rejected two overtures from Edgar Bronfman Jr. and Access Industries that offered at least $18 per share for the country’s largest magazine publisher, according to people familiar with the matter.
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To prepare for the flood of holiday orders just under way, Amazon.com has been using technology ranging from touch screens to robots to shrink the time it takes to train new hires at its warehouses to as little as two days.
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A slide in the share of young adult smokers who choose Marlboro cigarettes has been arrested by Philip Morris’s introduction of a lower-priced alternative to its traditional Reds.
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U.S. highway safety regulators raised concerns over General Motors Co.’s plan to halt semiautonomous vehicles with unresponsive motorists, the latest push from government officials to police development of self-driving cars.
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President-elect Donald Trump says he plans to make America energy-independent. He may receive an unintended boost next week in the form of an oil production cut by OPEC, which could raise crude prices.
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Blood-testing company got much of its funding from high-profile private investors who weren’t part of the ecosystem that typically backs startups and could see their stakes wiped out.
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