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Top 4 Business Stories of the Day

FRANKFURT (Reuters) - Daimler's luxury brand Mercedes-Benz sold the most cars in one month in its history in September, German paper Bild reported on Thursday. Tesla's market value has soared 470% this year to $23 billion, while GM has risen a relatively modest 25% to $50 billion. At this pace, 10-year-old Tesla could eclipse 105-year-old GM next year. So it seems as though Apple has been doing pretty well for itself over the past few years. Per The Wall Street Journal, Moody's now estimates that Apple's cash pile of $147 billion accounts for roughly 10% of the $1.48 trillion in cash held by non-financial American companies. What makes this particularly impressive is that Apple's cash reserves have actually grown by 9.5% since the end of last year even though the company has been spending billions of dollars on its share buyback program. Also of note: Apple's cash pile is nearly twice the size of Microsoft's, which has the second highest cash pile among non-financial U.S. companies with $77 billion. By Gerry Shih and Diane Bartz (Reuters) - Twitter's acquisition offer for MoPub, a mobile advertising exchange, will not be challenged by antitrust regulators ahead of the microblogging service's initial public offering, according to the Federal Trade Commission. Twitter announced on September 9 that it would buy MoPub in its largest acquisition to date. Twitter paid $350 million in stock, a value that triggered an automatic FTC review into whether the transaction would hurt competition. The deal was on a list of approved transactions that the FTC puts out several times a week. ...

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