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 Gold producer gains on talk of a merger
The Boston Globe, April 22, 2014 Tuesday

 Newmont Mining Corp. jumped 6.4 percent on reports it's considering a merger with Barrick Gold Corp. The companies are seeking to cut costs after a slump in gold and other metal prices. Barrick stock fell 3.9 percent, however. The Wall Street Journal had reported that talks between the world's two largest gold producers broke down, but could resume. A merger would probably save money, given that much of both companies' production is in Nevada.
 AT&T set to expand super-fast Net
The Boston Globe, April 22, 2014 Tuesday

 NEW YORK — AT&T plans a major expansion of a super-fast Internet service to cover as many as 100 municipalities in 25 metropolitan areas. The service, called GigaPower, has a 1 gigabit per second speed, which is about 100 times what US consumers typically get with broadband. That means faster video downloads and the ability for more devices to connect to the network without causing congestion.
 Zafgen files for IPO as its obesity drug gears for Phase 3 trial; Company has plans to raise $86.2m, but timing to go public may prove tricky
The Boston Globe, April 22, 2014 Tuesday

 A Cambridge obesity treatment developer has filed plans to go public and raise $86.2 million. Zafgen Inc. is developing drugs to treat severely obese patients who aren't helped by other treatments. The firm's lead product candidate is a twice-a-week injection.
 Apple will recycle all its products for free; Also vows to use renewable energy
The Boston Globe, April 22, 2014 Tuesday

 SAN FRANCISCO — Apple is offering free recycling of all its used products and vowing to power all of its stores, offices, and data centers with renewable energy to reduce the pollution caused by its devices and online services. The iPhone and iPad maker detailed its efforts to cultivate a greener Apple Inc. in an environmental section on the company's website that debuted Monday. The site highlights the ways that the Cupertino, Calif., company is increasing its reliance on alternative power...
 Ford's heir apparent set to take the wheel; Mark Fields to replace popular Alan Mulally
USA TODAY, April 22, 2014 Tuesday

 Ford Motor is poised to tap Mark Fields, its chief operating officer, as its new CEO, replacing the popular Alan Mulally in the latest leadership change among Detroit automakers. Mulally, a former Boeing executive, is credited with steering Ford clear of the same path to bankruptcy reorganizations that ensnared Detroit's other two automakers, General Motors and Chrysler Group.
 Unusual Hostile Bid for Maker of Botox
The New York Times, April 22, 2014 Tuesday

 Updated, 9:12 p.m. | Activist investors are exerting ever more influence on corporate America, pressing companies to cut costs, replace executives and strike deals. On Monday, William A. Ackman, among the brashest men on Wall Street, made perhaps the boldest move yet for an activist. By teaming up with Valeant, a big health care company, and offering to buy Allergan, the maker of Botox, for roughly $50 billion, Mr. Ackman has once again found an audacious way to pursue his agenda. If successful,...
 Skeptical Justice Scolds Coca-Cola on Juice Label
The New York Times, April 22, 2014 Tuesday

 WASHINGTON -- Not long after a lawyer for Coca-Cola started to defend its label for a blended fruit juice at a Supreme Court argument on Monday, Justice Anthony M. Kennedy subjected her to a series of unusually harsh questions. If ''Coca-Cola stands behind this label as being fair to consumers,'' he said, ''then I think you have a very difficult case to make. I think it's relevant for us to ask whether people are cheated in buying this
 Barclays Said to Join Commodity Exodus
The New York Times, April 22, 2014 Tuesday

 Investment banks, which rushed into the new territory of physical commodities starting at the turn of the century, are now beating a retreat. The latest bank expected to make an exit is Barclays, which plans to announce on Tuesday that it will get out of large parts of its commodities business, according to a person briefed on the British bank's plans. Banks are leaving the business in the face of increasing regulatory scrutiny and falling profits. Competition and a relative calm in commodities...
 AT&T might challenge Google Fiber with high-speed Internet service in KC
The Kansas City Star, April 21, 2014 Monday

 AT&T Inc. took a swing at Google Inc. on Monday. The telecommunications behemoth announced it may challenge the Internet search titan on turf that is new to both — the sale of industrial-strength Internet hookups to the home. Both might soon fight over bandwidth-hungry customers in Kansas City. AT&T said the market is one of 24 it is considering for expansion of broadband speeds reaching 1 gigabit per second. That would be nearly 100 times faster than the national average for home...
 Cheerios maker gets bowled over
Los Angeles Times, April 22, 2014 Tuesday

 General Mills, maker of Cheerios and Wheaties, thinks it deserves credit for reversing itself after quietly trying to strip customers of their constitutional right to a day in court. But that's like a homeowner saying he deserves credit for putting out a house fire after deliberately setting his living room ablaze. The reality is that General Mills Inc., one of the nation's largest food companies, tried to pull a fast one on consumers and was caught off-guard by the volume and the scope of the...
 Ford may announce change at top soon
Los Angeles Times, April 22, 2014 Tuesday

 Ford Motor Co. will soon name Mark Fields its next chief executive and reveal when current CEO Alan Mulally will retire from the company he is credited with saving, according to two people familiar with the pending announcement.
 Walgreen Co. profit
Chicago Tribune, April 21, 2014 Monday

 Newspaper headlines tell us that Walgreen Co. is being pressured by its investors to take its headquarters offshore for, what else, tax savings. According to a Walgreen report released in March, "Adjusted fiscal 2014 second quarter net earnings were $880 million or 91 cents per diluted share, compared with adjusted net earnings of $915 million or 96 cents per diluted share in the year-ago
 Why Kraft changed its innovation strategy and what happened next
Chicago Tribune, April 21, 2014 Monday

 In 2013, the leaders of Kraft Foods Group Inc. made a surprising mea culpa that many of its new products were failures, and they laid out a new innovation strategy focused on big bets. Barry Calpino, Kraft's vice president of breakthrough innovation, explains how the company changed its losing ways and what it's tackling now. Q: When did you realize the way you were innovating was "wrong"?
 General Mills Reverses Itself on Consumers' Right to Sue
The New York Times, April 20, 2014 Sunday

 General Mills, one of the country's largest food companies, on Saturday night announced in a stunning about-face that it was withdrawing its controversial plans to make consumers give up their right to sue it.
 Yogurt maker expanding products as rivals knock
The Boston Globe, April 19, 2014 Saturday

 NEW YORK — Chobani plans to expand beyond its Greek yogurt cups this summer as it faces intensifying competition in the fast growing category.
 Michaels Stores' Breach Involved 3 Million Customers
The New York Times, April 19, 2014 Saturday

 Michaels Stores, the arts and crafts retailer, estimates that data on three million of its customers' payment cards may have been stolen in a breach over several months. Michaels first acknowledged that it was investigating a possible breach in January, not long after it was revealed that Target experienced one of the largest recorded data breaches in history, affecting about 100 million customers. Several other retailers and a hotel company have since disclosed similar breaches that have put...
 Target expands subscription product offerings
Star Tribune (Minneapolis, MN), April 18, 2014 Friday

 Target Corp. announced Thursday that it is greatly expanding the number of goods that can be ordered by subscription and delivered on a regular, recurring basis. Last year, Target dipped its toes in the subscription market with 150 baby items such as diapers. With the increase, the discounter has 1,600 items, including printer cartridges, coffee, laundry detergent, vitamins, razors, cosmetics and furnace filters, that can be shipped automatically every 4, 6, 8, 10, 12 or 26 weeks at the...
 Higher costs push Chipotle into first price hike in 3 years
Star Tribune (Minneapolis, MN), April 18, 2014 Friday

 NEW YORK - Chipotle is feeling confident that customers are willing to pay more for its burritos, bowls and tacos. The Mexican food chain said Thursday that it would raise prices for the first time in three years as its popularity continues to soar. Menu boards with the new prices should start rolling out in coming weeks and be in place at all restaurants by this summer.
 Johnson Controls buys Texas firm for $1.6 billion | Move expands company's air ventilation products
Milwaukee Journal Sentinel (Wisconsin), April 17, 2014 Thursday

 In a $1.6 billion deal that would further reduce Johnson Control Inc.'s dependence on the automotive industry, the Glendale-based company has agreed to acquire a Texas manufacturer of air ventilation products.  Air Distribution Technologies, of Richardson, Texas, would expand Johnson Controls' offerings in heating, ventilation and air conditioning products with brands such as Ruskin, Titus, Hart & Cooley and Krueger. The Texas company is one of the largest independent providers of...
 Judge denies bid to ban driving GM vehicles; Plaintiffs say decision will further endanger consumers
The Boston Globe, April 18, 2014 Friday

 General Motors Co. won a significant round Thursday in the escalating legal battles over its handling of a defective ignition switch in millions of its small cars, avoiding an order that would have effectively taken the cars off the road.
 RadioShack stock sinks over report on talks with lenders
Fort Worth Star-Telegram (Texas), April 17, 2014 Thursday

 RadioShack stock sank nearly 17 percent on Thursday, to the lowest point in more than three decades, after The Wall Street Journal reported that the company is in the midst of contentious talks with lenders over its plan to close 1,100 stores.
 A Bid to Park Recalled G.M. Cars Is Denied
The New York Times, April 18, 2014 Friday

 General Motors may be losing the public relations battle in its recall of defective cars, but the company scored a victory on Thursday in its escalating legal war. The automaker fended off a potentially costly court order on Thursday when a federal judge denied a motion that would have forced it to advise the owners of the 2.6 million recalled Chevrolet Cobalts, Saturn Ions and other small cars with a faulty ignition switch to keep the cars off the road until they are fixed. Recent filings by...
 Shares of Twitter-Like Weibo Surge on Opening Day, as China I.P.O.s Mount
The New York Times, April 18, 2014 Friday

 The Chinese are still coming, and so are the investors. Despite signs that the fervor for initial public offerings might be waning a bit, shares of Weibo, the Twitter-like Chinese microblogging service, surged 19 percent in their first day of trading on Thursday. And another Chinese company, the real estate website Leju, enjoyed nearly as big a pop. The warm welcomes come ahead of the expected debuts of even bigger Chinese Internet players -- particularly the Alibaba Group, the online...
 Walmart Will Enter Cash Wiring Business
The New York Times, April 18, 2014 Friday

 In a move that threatens to upend another piece of the financial services industry, Walmart, the country's largest retailer, announced on Thursday that it would allow customers to make store-to-store money transfers within the United States at cut-rate fees. This latest offer, aimed largely at lower-income shoppers who often rely on places like check-cashing stores for simple transactions, represents another effort by the giant retailer to carve out a space in territory that once belonged...
 Nestlé Loses Clash in France Over Single-Serve Coffee
The New York Times, April 18, 2014 Friday

 PARIS -- Nestlé, the world's largest food company, was handed a defeat Thursday in its fight to maintain the global lead in the sale of single-dose coffee capsules. A competition regulator in France agreed that the Swiss giant might have abused its market dominance in siding with two competitors that had accused its Nespresso unit of undermining their sales, the latest twist in a continuing coffee clash. In response, Nestlé agreed to ''lift the barriers to entry and development'' facing other...
    

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