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Business Beat for Tuesday, December 9, 2014

Amazon introduces ‘make an offer’ service

The largest U.S. online retailer is letting some sellers let interested buyers make an offer on an item lower than the listed price.

ALSO: Court rules no pay for Amazon warehouse security checks

Hallmark pulls gift wrap after swastika complaint

Hallmark Cards Inc. has removed blue and silver gift wrap from circulation after a customer complained that she saw a swastika embedded in the design.

Kohl’s to keep stores open 100 hours straight

Kohl’s Department Stores aims to turn customers into any-minute shoppers in the days leading up to Christmas.

Yum: China sales slow to recover from food scare

Yum Brands Inc. says its sales in China are recovering more slowly than expected after a food-safety scare, hampering its overall profits.

Boeing to cut 747-8 production as cargo market slows

Boeing plans to trim production of its iconic 747-8 jumbo jet beginning in September 2015 as demand for cargo planes slows. [Reuters]

Hospira wins patent fight to launch generic Cubicin in 2016

Hospira can launch a generic version of Cubist Pharmaceuticals Inc ‘s leading drug Cubicin as soon as 2016, a federal judge has ruled. [Reuters]

FreightCar America to expand in northwest Alabama

Chicago-based FreightCar America plans to expand its operations in northwest Alabama in a facility it shares with Navistar Corp.

Fed proposing big US banks boost capital cushions

The proposed requirements are aimed at lessening the chances of future taxpayer bailouts of troubled banks.

ALSO: Citigroup to take $3.5 billion charge this quarter

US stocks are mostly spared from a global sell-off

The U.S. stock market ended slightly lower Tuesday, avoiding the sharp declines in Europe and Asia thanks to a rally in beaten-down energy companies.

Gas to average $2.60 next year: government

The Energy Department has again slashed its prediction for next year’s average price of gasoline across the U.S., this time to $2.60 a gallon.

UK pub chain, Heineken clash over beer cost

A big United Kingdom pub chain has dropped Heineken products in a confrontation over the Dutch brewer’s demand it raises prices in Ireland.

Longtime Abercrombie & Fitch CEO retiring

Abercrombie & Fitch’s longtime CEO Michael Jeffries is retiring, effective immediately, as the once-hip teen clothing chain’s sales decline.

Hyundai recalls nearly 43K cars for brake lights

Hyundai is recalling nearly 43,000 luxury cars in the U.S. because the brake lights can fail to illuminate.