Snack Maker Mondelez Drops Pursuit of Hershey

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Mondelez has ended talks regarding a possible acquisition of Hershey, saying it determined there was “no actionable path forward” following recent shareholder developments at the chocolate maker.

Facebook to Allow Users to Trigger 'Safety Check' Feature

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Facebook Inc. said Monday that it is aiming for communities to be able to trigger its “safety check” function instead of the social media giant having sole control over it during a disaster.

U.S. Implements New Drone Rules

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With nationwide rules in place for routine flights of small commercial drones, federal regulators said their next big challenge will be evaluating industry waiver requests while balancing innovation and safety.

At Ports, a Sign of Altered Supply Chains

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Economists say subdued activity at U.S. ports is a sign of how retailers are slimming down their supply chains as more of their customers shop online.

American Airlines President Moves to United Continental

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The president of American Airlines left the company Monday but immediately moved into the same role at rival United Continental, in an unusual management shake-up in the competitive airline industry.

Why Fitbit's New Band Got a Healthy Reception

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Fitness band maker has much cheaper multiple as it updates flagship devices.

When Economic Doomsayers Stumble

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It’s early, but data so far suggest the British decision to leave the European Union could be another example of a recurring phenomenon: expert predictions of dire consequences to political decisions that end up proving overheated.

Fed's Dislike of Negative Interest Rates Points to Limits of Stimulus

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Fed officials don’t think negative rates are needed in the U.S. because the economy and job market are improving and they are hoping they will never have to use them in the future given their uncertainty about whether the policy works.

Why Lighter Shelves Won't Support Sagging Retailers for Long

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Retail inventories are the healthiest they have been in a long time, but investors shouldn’t expect the discipline to last very long.

Yellen Says Fed Could Expand Its Use of Bond Purchases

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The central bank’s main tool for fighting the next recession could be bond-purchase programs, Federal Reserve Chairwoman Janet Yellen said.

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