Constellation Brands Eyes $1 Billion Sale of Canadian Wine Business

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Constellation Brands Inc. has put its Canadian wine business on the block in an auction that could reap more than $1 billion, say people familiar with the matter.

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.

Salesforce.com Imbues Dreamforce With Artificial Intelligence, Mindfulness

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Salesforce.com Inc.’s annual Dreamforce customer conference, set to blanket downtown San Francisco next week, will be a blend of business, technology, entertainment, philanthropy and personal empowerment.

Volkswagen Agrees to $1.2 Billion Compensation for U.S. Dealers

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Volkswagen has agreed to pay up to $1.2 billion to its 652 U.S. dealers as compensation for a long emissions cheating scheme, deepening penalties the German auto maker faces.

Uber Looks to Rev Up in Japan

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Uber plans to ramp up its business in Japan, a wealthy country full of potential customers, even though its core ride-hailing service is barred from the country.

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 trophy for China in the transformation of the communist nation’s geopolitical status.

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.

With NXP Deal, Qualcomm Would Add New Businesses, Risks

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Qualcomm is best known for designing smartphone chips—and leaving the production to others. Now, the San Diego-based company is in talks to acquire chip manufacturer NXP Semiconductors in a shift that adds substantial risks.

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.

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