Packaging Merger to Create $16 Billion Firm

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Packaging companies Rock-Tenn and MeadWestvaco agreed to merge, creating a nearly $16 billion industry heavyweight that will supply containers for everything from soda to appliances.

Microsoft's Windows Shows Its Age

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Microsoft said the stronger dollar and a shift to Web-based software cut into its sales of Windows, Office and computer-server products to corporations.

Russia Rating Slips to Junk, Hurting Ruble

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Russia’s fractured economy suffered another potential blow Monday after credit-rating firm Standard & Poor’s cut the country’s credit rating to junk.

Pork Prices Drop as Hog Herds Recover

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U.S. hogs are trading at the lowest prices in four years as herds have bounced back from a deadly virus. The price slide is benefiting consumers, who are paying less for ham, bacon and other pork products.

Pfizer to Cut Prevenar 13 Price Again

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Pfizer said Monday it would cut the price of its pneumococcal vaccine for the third time in three years as the pharmaceutical industry faces criticism over skyrocketing vaccine prices in developing markets.

Carnival in Talks on China Cruise Joint Ventures

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Carnival is in talks with state-owned China Merchants Group to form two joint ventures in China that will build cruising ports and ships and expand the nascent industry in a booming tourism market.

Yahoo Holders Await Plan for Alibaba Assets

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Marissa Mayer is expected to unveil her plan for unlocking Yahoo’s investments in Alibaba and Yahoo Japan when the company reports earnings on Tuesday.

CBO: Deficit to Narrow, Then Widen in '18

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Existing budget restraints and stronger economic growth will chip away at the federal deficit into 2017 before the gap begins to widen again, the Congressional Budget Office said, providing ammunition for both parties ahead of the White House’s first budget proposal to the Republican-controlled Congress.

Proxy Battle Puts Focus on DuPont Earnings

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DuPont will detail fourth-quarter earnings and project profits for the year ahead—but how much weight investors should put on the forecast depends these days on whom you ask.

The Business Side of Animal Rights

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Animal-welfare advocates are courting proxy advisory firms as a new Wall Street ally as they take on big U.S. meatpackers. The pitch: Mistreatment of animals can pose a risk to business.

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