Ben Bradlee Dies at 93

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Ben Bradlee, who steered the Washington Post’s coverage of the Watergate scandal that led to the resignation of President Richard Nixon, died Tuesday at 93.

In Japan, Property Investors Widen Their Hunt

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Sky-high prices for buildings in central Tokyo—part of one property sold for $1.7 billion—have investors looking elsewhere in Japan.

Kinross to Sell Interest in Ecuador's Fruta del Norte Gold Mine to Fortress

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Canadian mining company Kinross Gold Corp. said Tuesday it agreed to sell its entire interest in the Fruta del Norte project in Ecuador to Fortress Minerals Corp. for $240 million in cash and equity.

Verizon Adds Users as Rivals Lurk

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Verizon said it has its largest slug ever of iPhone customers coming off contract this holiday season—as many as 3.1 million—giving rivals a big opening to poach customers from the nation’s largest carrier.

Scion Moves Into Spotlight on M&A Stage

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Jho Low, of Jynwel Capital, used to generate headlines for his lavish partying with the likes of Paris Hilton. Now, he is more likely to draw attention for his deal making.

Diaper Business Squeezed At Huggies Maker Kimberly-Clark

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Kimberly-Clark Corp.’s diaper business is getting squeezed in the middle. The company’s Huggies diapers posted a double-digit decline in sales volume for the third quarter in North America.

Apple's iCloud Is Under Attack in China

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Apple’s iCloud service for users in mainland China has been hit by an attack that could allow perpetrators to intercept and see usernames, passwords and other personal data, activists and security analysts said.

Another Blow to Hedge Funds: Spinoff Bets

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U.S. companies are selling off divisions at a record pace, but such moves aren’t boosting shares as they did in the past. That has meant losses for some hedge funds that seek to profit from—and sometimes actively push for—such corporate splits.

Bay Area's Office Boom Stalls in the East

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San Francisco’s ability to nurture homegrown technology companies and lure larger ones from Silicon Valley has been a modern-day gold rush for the city’s property owners. So far, though, the spoils haven’t reached the city’s neighbors across the bay.

Wells Fargo Banks on European Real Estate

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Wells Fargo, the largest U.S. commercial-property lender, is pushing deeper into Europe amid worries about the strength of the U.K. market and as eurozone countries slide toward recession.

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