Viacom and CBS Boards Name Special Committees to Review Merger

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The boards of Viacom Inc. and CBS Corp. are moving quickly to explore the merger recommended by their controlling shareholder.

Why Fear of a Deutsche Bank Bailout Is Wide of the Mark

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The amount of money Deutsche Bank would have to lose even to hit its first line of defense is huge.

China's Richest Man Makes His Move on Hollywood

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Wang Jianlin’s Dalian Wanda is on a push to extend Chinese cultural influence through movie production, cinemas and theme parks; a $1 billion bid for Dick Clark Productions.

FedEx, UPS Rely on Technology to Keep Lid on Seasonal Hiring

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Holiday hiring is expected to be flat at package-delivery giants FedEx and United Parcel Service, but that masks efforts behind the scenes to prepare for the coming wave of e-commerce orders.

Honest Co. to Drop Disputed Ingredient in Cleaning Products

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Jessica Alba’s Honest Co. is reformulating its laundry detergent and other cleaners, removing an ingredient that has created controversy for the company over its product claims.

Nigeria Claims Oil Majors Illegally Exported Crude

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Nigeria’s cash-strapped government is suing some of the world’s biggest oil companies on claims they were involved in illegally exporting $12.7 billion of the country’s crude to the U.S. between 2011 and 2014.

Marc Andreessen's Sudden Silence on Twitter Stumps Silicon Valley

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Venture capitalist and technology evangelist Marc Andreessen has been among the most prolific Twitter users. He suddenly stopped tweeting on Saturday, and his silence on the social-media site has been deafening in Silicon Valley.

With NXP Deal, Qualcomm Would Add New Businesses, Risks

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Qualcomm is the biggest of a large crop of companies that design computer chips but leave production to partners. Now it is considering a deal that would turn it into a manufacturer, a strategy shift that adds to the substantial risks of buying NXP Semiconductors.

Yuan Marks Milestone With Entry Into IMF Reserve Basket

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The yuan officially enters the International Monetary Fund’s official basket of reserve currencies Saturday, a telling trophy in the transformation of China’s geopolitical status.

Airbus Tightens Belt With Shake-Up

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Airbus Group is to merge headquarters and eliminate an unspecified number of management jobs in a new restructuring plan to improve profitability.

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