Nintendo Presses Pause on Virtual-Reality Technology

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A top executive at the Japanese videogame maker has expressed concerns about introducing virtual-reality products, a likely sign that it won’t include the technology in its next-generation console, code-named “NX.”

Mondelez Makes Takeover Bid for Hershey

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Mondelez made a roughly $23 billion bid for chocolate giant Hershey and was promptly rebuffed in what would be a blockbuster deal uniting two of the world’s best-known candy makers.

Zenefits Investors Cut Valuation by Half

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Embattled health-benefits broker Zenefits on Thursday said it struck a deal with some investors to cut its valuation by more than half to $2 billion, giving them additional shares in exchange for releasing the company of potential legal claims.

Boeing Advancing Toward Developing New Midsize Jetliner

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After a year of meetings with potential customers, Boeing is advancing toward developing an all-new jetliner with up to 270 seats that would target mid-range flights of up to 10 hours.

Tesla Draws Scrutiny After Autopilot Feature Linked to a Death

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U.S. auto-safety regulators are investigating what is believed to be the first fatal crash involving a Tesla Motors car that was driving itself, ratcheting up scrutiny on a technology that has been evolving with little oversight.

Apple in Talks to Acquire Jay Z's Tidal Music Service

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Apple Inc. is in talks to acquire Tidal, a streaming-music service run by rap mogul Jay Z, according to people familiar with the matter.

Lions Gate Agrees to Buy Starz in $4.4 Billion Deal

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With its agreement to acquire Starz for $4.4 billion including debt, Lions Gate Entertainment Corp. is poised to become a bigger player in media mogul John Malone’s plan to consolidate the content business.

Chipotle Executive Involved in New York Cocaine Bust

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Efforts to regain customer trust at Chipotle Mexican Grill Inc. could suffer a setback as the restaurant chain has put its top marketing executive on administrative leave after Manhattan prosecutors unveiled an indictment involving the executive and a cocaine drug ring.

Brexit Is No Bust for U.S. Manufacturing

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An improving U.S. manufacturing sector is expected to stay on track regardless of Brexit.

Jury: Oracle Should Pay $3 Billion to HP Enterprise

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A jury in Silicon Valley on Thursday delivered a resounding victory to Hewlett Packard Enterprise Co., finding that Oracle Corp. should pay the computer maker $3 billion in damages—the full amount it sought—for actions that contributed to the decline of a once-lucrative line of high-end computers.

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