Daimler Invests in U.S. Factory

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Daimler will invest $500 million to build a Mercedes-Benz factory in South Carolina after state officials promised tens of millions of dollars in grants, property tax abatements and training support for the plant.

Ports Gridlock Alters Supply Chain

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The labor dispute that caused months of gridlock at West Coast ports may be over, but the disruption is expected to redraw the trade routes goods follow, as they journey to U.S. factories and store shelves.

Sompo Japan Weighs Scor Stake Purchase

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Sompo Japan Nipponkoa Holdings said it is considering buying a stake in French reinsurance giant Scor SE, in a deal that could reportedly be worth over $900 million.

Japan's Family Mart in Talks With UNY Group

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Japanese convenience-store operator Family Mart Co. is in talks with UNY Group over a possible merger, in a deal that would create the second-biggest convenience store chain in Japan by sales, people familiar with the matter said.

Ecopetrol Names Former Finance Minister CEO

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Juan Carlos Echeverry, former finance minister with close ties to the government, was elected as the new chief executive of Ecopetrol.

Espírito Santo Debt Imperils Customers

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Thousands of customers whose investments in Espírito Santo commercial paper were wiped out were promised reimbursement by the conglomerate’s bailed-out banking unit. But the unit has backtracked on that vow.

Train Carrying Crude Derails in Illinois

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A BNSF Railway Co. train carrying crude oil derailed and began to burn Thursday afternoon near Galena, Ill., just over the state line from Wisconsin and 160 miles west of Chicago.

Latest Oil Dilemma: Where to Put It

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As oil-storage tanks near capacity, some analysts predict the spillover will send crude prices even lower.

Elaine Wynn Launches Bid for Board Seat

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Wynn Resorts co-founder Elaine Wynn launched a bid to remain on the board, the latest power struggle at the casino operator.

U.S. Furniture Survivor Tries to Go Global

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Low prices and speedy production have made Ashley by far the biggest U.S.-based furniture maker and retailer. Now, it is turning its sights on Asia.

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