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 U.S. Export-Import Bank Teetering on Edge
The New York Times, July 6, 2015 Monday

 WASHINGTON -- It's tempting to celebrate the demise of the Export-Import Bank, whose authority expired last week. The bank, which subsidizes American exports, is held up by its congressional critics as an example of crony capitalism. Among the companies lobbying to keep it going were General Electric, whose revenue was almost $150 billion last year, with a profit of $15 billion. Why, opponents ask, does it need government help? Yet the odds are that the bank will rise from its death bed and be...
 Aetna agrees to buy Humana $35B deal adds to merger frenzy of health insurers
Orlando Sentinel (Florida), July 4, 2015 Saturday

 Aetna agreed to buy rival health insurer Humana, paying about $35 billion in cash and stock for the second-largest U.S. provider of private health plans for the elderly. The transaction, which prices Humana at $230 a share, combines the second- and fifth-largest U.S. health insurers by market size. The deal, announced Friday, values Louisville, Ky.-based Humana at 23 percent more than its closing price Thursday, and including assumed debt totals about $37 billion. The acquisition is part of a...
 United Airlines to pay $100 mln for Azul stake, for foothold in Brazil (print only)
St. Louis Post-Dispatch (Missouri), June 27, 2015 Saturday

 United Airlines has agreed to pay $100 million for a 5 percent stake in Azul SA, Brazil's third-biggest airline, as it attempts to catch up with U.S. rivals with more established ties in South America's biggest air travel market.
 At Samsung, It's Insiders vs. Outsiders
The New York Times, July 5, 2015 Sunday

 Samsung has built a name for itself among consumers around the world as a leading manufacturer of smartphones, televisions and home appliances. For investors, though, its reputation is not so stellar. The latest issue for Samsung shareholders is a proposed $8 billion merger of two company affiliates: Samsung C&T, a construction and engineering company, and Cheil Industries, a holding company that issued shares to the public for the first time in December and that has interests in amusement...
Pittsburgh Post-Gazette, May 14, 2015 Thursday

 Verizon Communications defended its title as the region's largest public company on a list that was dominated by firms headquartered outside the Tri-State area but that exert a significant influence on the Pittsburgh economy.
Pittsburgh Post-Gazette, July 3, 2015 Friday

 Get used to calling it the Kraft Heinz Co. Pittsburgh's H.J. Heinz Co. and Illinois-based Kraft Foods Group officially merged Thursday after the stock market closed, creating the third-largest food and beverage company in North America based on its approximately $28 billion in annual revenues. PepsiCo and Nestle are bigger based on revenues.
 Tricky Logistics and Rare Lizards Trip Up Chevron
The New York Times, July 4, 2015 Saturday

 SYDNEY, Australia -- Getting anything to Chevron's gas-processing plant on Barrow Island is a bit of a trick. Some supplies travel 15 hours from Perth to a supply base for shipping. En route, trucks cannot stop under trees, to avoid picking up bugs and bird droppings. When people and cargo finally make it to the island, an army of 300 enforces a quarantine: Every Velcro strap on clothing and bags is checked for seed pods, boots are scrubbed free of dirt and pants with cuffs never even make it...
 Potash Corporation Still Interested in K&S After $8.6 Billion Offer Is Rejected
The New York Times, July 4, 2015 Saturday

 LONDON -- The Potash Corporation said on Friday that it was still interested in acquiring K&S, the German potash and salt mining company that owns Morton Salt, despite a rejection of its unsolicited takeover bid.
 Alibaba's Financial Affiliate Is Said to Close Private Placement of Shares
The New York Times, July 4, 2015 Saturday

 SHANGHAI -- The financial services affiliate of the Chinese e-commerce giant Alibaba Group closed a private placement of shares on Friday that the company said values it at more than $45 billion and makes the Chinese government a stakeholder, according to people familiar with the transaction.
 Last Brazilian-owned container line could be in acquisition sights
Journal of Commerce, July 2, 2015 Thursday 8:28 PM GMT Speculation is rising that the three largest global container lines are considering buying the last surviving Brazilian-owned container shipping company, Log-In Logistica Ltda. Maersk Line, Mediterranean Shipping Co. and CMA CGM may be discussing scooping up the Sao Paulo bourse listed company, Brazilian maritime sources told Maersk is considered the most likely new owner, as it already...
 China logistics reaps rewards of rising trade, domestic consumption
Journal of Commerce, July 2, 2015 Thursday 11:00 AM GMT HONG KONG - The demand for logistics services and infrastructure will be fuelled by China's increasing trade appetite and the continuing growth of e-commerce markets within the country, according to Barclays Research. With China's logistics costs still around 16 percent of GDP, already significantly higher than the global average of 12 percent, the growth in cross-border and inter-city trade across...
 DHL digs in against union opposition to new companies
Journal of Commerce, July 2, 2015 Thursday 2:10 PM GMT

 Lowe's promotes finance executive
Charlotte Observer (North Carolina), July 3, 2015 Friday

 Mooresville-based Lowe's has promoted Tiffany Mason to senior vice president of corporate finance and treasurer.  In her new role, Mason will be responsible for financial planning and analysis, and will continue her investor relations and treasury functions, Lowe's said in a this week.
 Babcock & Wilcox Co. splits into 2 companies No layoffs planned at separate operations
Plain Dealer (Cleveland, OH), July 3, 2015 Friday

 The 148-year-old Babcock & Wilcox Co., based in Barberton from 1906 to 1978 and still employing about 2,000 here, has split into two independent companies.
 Southwest reaches new contract deal with flight attendants union
Fort Worth Star-Telegram (Texas), July 3, 2015 Friday

 Southwest Airlines reached a tentative contract agreement with its flight attendants union that includes wage increases and possible bonuses. Terms of the four-year contract were not released. The Transport Workers Union Local 556, which represents 12,000 flight attendants at Southwest, will send the tentative agreement out to members for a vote later this month.
 MillerCoors replaces 2 top marketing execs
Chicago Tribune, July 3, 2015 Friday

 MillerCoors on Thursday said it replaced its chief marketing officer and its president of sales and distributor operations because it's "not satisfied" with its volume performance.
 Gazprom Ends Natural Gas Deliveries to Ukraine Because of Price Dispute
The New York Times, July 2, 2015 Thursday

 MOSCOW -- The Russian energy giant Gazprom announced on Wednesday that it had halted deliveries of natural gas to Ukraine because of a pricing dispute. Gazprom has not received advance payment for deliveries of natural gas in July, Alexey B. Miller, the chief executive of Gazprom, said in a statement on Wednesday, and had cut the flow of natural gas to Ukraine immediately.
 PayPal Buys Cash-Transfer Upstart
The New York Times, July 2, 2015 Thursday

 PayPal, the online payments company weeks away from an expected spinoff from eBay, took a leap into the growing digital money transfer business on Wednesday by acquiring Xoom, a big player in the field.
 G.E. Deal Challenged
The New York Times, July 2, 2015 Thursday

 The Justice Department moved on Wednesday to block General Electric's plan to sell its famed home appliances division to Electrolux of Sweden, as federal regulators again showed a willingness to assert their antitrust oversight.
 Apple Music Is Strong on Design, Weak on Social Networking
The New York Times, July 2, 2015 Thursday

 WHEN I visited Microsoft many years ago, an employee cheekily compared designing Microsoft Office to ''making a pizza that feeds a billion people.'' At Apple, the company has a different saying: ''There are a thousand 'no's' for every 'yes.' '' In other words, they vigorously debate a feature before it shows up in a product. But Apple Music, the company's reboot of iTunes released Tuesday for Apple devices and personal computers (including Windows), sounds like a pizza straight out of...
 Visa cuts business ties with Backpage; Sheriff alerts credit card company execs about website
USA TODAY, July 2, 2015 Thursday

 Visa will not process transactions from online classified portal, the company announced Wednesday, after the sheriff from the second-largest county in the USA asked Visa to end its business relationship with the site for "moral, social and legal" reasons.
 AT&T, CBS agree on carriage contract
USA TODAY, July 2, 2015 Thursday

 AT&T and CBS Corp. said Wednesday they've reached an agreement that will keep the network's channels on U-verse's pay-TV lineup, averting a blackout for millions of customers.
 Amazon, AT&T, Microsoft feeling love from investors; Apple still No. 1 among tech firms as Google falls to No. 3
USA TODAY, July 1, 2015 Wednesday

 Investors got behind Amazon CEO Jeff Bezos' push into yet more markets and AT&T's consolidation of the North American telecom industry in the second quarter, based on the stock performance of the 20 most valuable tech companies. As measured by its stock-price surge over the last three months, tech investors also showed more confidence in Microsoft CEO Satya Nadella.
 H.B. Fuller cites dollar, weak Europe for slump
Star Tribune (Minneapolis, MN), June 26, 2015 Friday

 Adhesives giant H.B. Fuller Co. reported mixed second-quarter results and lowered its forecast for the year Thursday, citing pressures from the high U.S. dollar, a still weakened Europe, rising taxes and pinched revenue.
 Family Dollar's profits dip in third quarter
Charlotte Observer (North Carolina), July 1, 2015 Wednesday

 Nearing the completion of its sale to Dollar Tree, Matthews-based Family Dollar Stores said Wednesday that its third-quarter profits fell about 1 percent from a year ago.

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