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FTC seeks more info on Bass Pro-Cabela’s deal
(Reuters) – U.S. fishing and hunting equipment retailer Cabela's Inc , which is being bought by privately held rival Bass Pro Shops, said the Federal Trade Commission had sought more information from the companies about the deal. Cabela's shares were down 7.6 percent at $56.98 Read more from the original source: FTC seeks more info on Bass Pro-Cabela’s deal Read More →
U.S. FTC requires divestitures in $13.53 billion Boehringer-Sanofi deal
German pharmaceutical company Boehringer Ingelheim agreed to divest five types of animal health products to settle charges that a proposed asset swap with Sanofi would harm competition, the U.S. Federal Trade Commission… See original here: U.S. FTC requires divestitures in $13.53 billion Boehringer-Sanofi deal Read More →
U.S. consumers ebullient; home prices gain
House prices continued their steady recovery in October, although a spike in borrowing costs after Trump's Nov. 8 victory could present a headwind to sustained home value gains. The Conference Board said on Tuesday its Consumer Confidence Index rose to 113.7 this month from an upwardly revised 109.4 in November. The gain in confidence was entirely due to See original here: U.S. consumers ebullient;... [Read more]
Chinese firms face competition to maintain role in developing Iranian oilfields
Iran plans to ask international oil companies to bid for the second phase of development of its Yadavaran and North Azadegan oilfields, a senior official said on Saturday. “CNPC would like to extend its North Azadegan contract, but we have announced that …they should take part in the bidding for a new contract,” Gholamreza Manouchehri, deputy head of the National Iranian Oil Company... [Read more]
U.S. consumer spending slows; business investment perking up
U.S. consumer spending increased modestly in November as household income failed to rise for the first time in nine months, suggesting the economy slowed in the fourth quarter after growing briskly in the prior period. The slowdown in growth is likely to be temporary given the strong economic foundation that could be bolstered by President-elect Go here to read the rest: U.S. consumer spending slows;... [Read more]
Union calls new strikes at Amazon’s German warehouses
Workers at German warehouses of U.S. online retailer Amazon.com Inc were called out on strike by labor union Verdi on Wednesday as part of a long-running dispute over pay and conditions. Verdi said in a statement it was calling on workers at three of the nine Amazon warehouses in Germany to join the strike, which will run until Dec. 24. Workers at Amazon's warehouse in Koblenz already launched... [Read more]
Coke moves away from AB InBev with Africa bottling deal
By Philip Blenkinsop and Martinne Geller BRUSSELS/LONDON (Reuters) – Coca-Cola Co has reached a deal to buy Anheuser-Busch InBev's majority stake in their African bottling venture for $3.15 billion and hold onto it until it finds a new owner, the companies said on Wednesday. Coke said in October it would exercise a right to buy the stake formerly owned by SABMiller following SAB's… Here... [Read more]
Visualizing the Russian cyberattack
Cybersecurity experts explain how the data breach happened, and Twitter chatter reveals what competing social media factions are saying about the election hack. View original here: Visualizing the Russian cyberattack Read More →
Video: Top 5 reasons why smartwatches could still catch on
Some say the smartwatch market is in decline, but here are five reasons why Tom Merritt thinks it still has a chance. Continued here: Video: Top 5 reasons why smartwatches could still catch on Read More →
‘My computer is slow’: 5 quick tips for troubleshooting friends and family over the holidays
Do you end up as tech support for relatives and others over the holidays? Here are five quick tips to help you resolve their speed problems. The rest is here: ‘My computer is slow’: 5 quick tips for troubleshooting friends and family over the holidays Read More →