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Danone bolsters China presence with $550 million baby milk deal

France's Danone (DANO.PA), battling local rivals for a larger share of China's booming baby milk market, has invested $550 million in formula maker Yashili International Holdings, further reducing its dependence on slow growth Europe.


Comcast spin-off to list on Nasdaq in 2015

Midwest Cable Inc, the cable company to be spun off from Comcast Corp (CMCSA.O) after it buys Time Warner Cable Inc (TWC.N), said it would list its Class A common stock on the Nasdaq under the symbol "GLCI" in 2015.

Dollar General extends tender offer for Family Dollar shares again

Dollar General Corp (DG.N) extended its tender offer for shares of Family Dollar Stores Inc (FDO.N) to Dec. 31, until after a shareholder vote that will decide the fate of a rival bid by Dollar Tree Inc (DLTR.O).

Boeing exec says NASA crash underscores need for new U.S. engine

The crash of an unmanned Orbital Sciences Antares rocket is a "wake-up call" to the U.S. space community about the need to develop a new U.S. rocket engine, the head of Boeing Co's defense division said on Thursday.


Latest News

Tencent Holdings Ltd said on Friday it would collaborate with International Business Machines Corp (IBM) on a new cloud software business for corporate customers, a marked departure for one of the dominant forces in China's consumer Internet industry.
J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the New York Times and Wall Street Journal reported, citing people familiar with the matter.
Chinese regulators will allow foreign firms access to the yuan-denominated credit card clearing business from August next year, Hong Kong's South China Morning Post newspaper reported on Saturday.
The Dow and S&P 500 ended at record highs on Friday and other indexes posted strong gains for a second week after the Bank of Japan's surprise move to ramp up its stimulus program.
A surge in refining profits boosted quarterly results at Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), helping to offset declining oil and gas production and falling crude oil prices.
Jessa Duggar, of "19 Kids and Counting" fame, is marrying fiance Ben Seewald this weekend, a reportedly 800-person wedding where the couple will not hug or kiss beforehand.
U.S. consumer sentiment rose in October to its highest level since in more than seven years on growing optimism about the economy and more favorable personal financial expectations, a survey released on Friday showed.
Some bad news for the family of "Chrisley Knows Best," as Todd Chrisley's son Kyle accuses Todd of stealing his daughter, and Todd's brother is diagnosed with stage four cancer.
"Longmire" fans are trying a new strategy to bring their beloved show back from the dead- flooding the People's Choice Awards vote to nab an award for "Longmire."
As Heather Dubrow hangs out on her husband's reality show, she's particularly angry at her own network for supporting Teresa Giudice.