US Business News

E-Book Sales Weaken Amid Higher Prices

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E-book revenue is falling, and some people in the publishing industry say it is partly because of the higher prices that have resulted from new contracts negotiated with Amazon.

Vivendi Chairman Ousts Longtime Chief of Canal Plus

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French billionaire and Vivendi Chairman Vincent Bolloré has ousted the longtime chief of Canal Plus, further tightening his grip over the Vivendi-owned pay-television group amid falling subscriber numbers.

General Mills to Sell Green Giant, Le Sueur for $765 Million

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General Mills has agreed to sell its Green Giant and Le Sueur frozen and canned vegetable brands to B&G Foods for $765 million in cash.

Intel to Invest $50 Million in Quantum Computers

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Intel Corp. is joining the race to develop quantum computers, a long-discussed break from conventional electronics aimed at solving problems that are far beyond the reach of today’s hardware.

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