MGM Buys 55% of Mark Burnett Ventures

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MGM acquired a 55% stake in "Survivor" producer Mark Burnett's various television and film production ventures, folding them into its United Artists banner.

FTC Considers Challenge to Food Merger

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The FTC is considering a possible antitrust suit to block the merger of Sysco and US Foods, concerned that combining the nation's two biggest food-service suppliers could threaten competition, according to people familiar with the matter.

NFL Picks Female Executive as Marketing Chief

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The NFL picked female ad executive Dawn Hudson as its new chief marketing officer as the league confronts a mounting backlash over its handling of domestic- and child-abuse incidents involving players.

Total Looks for China Funds for Russia Project

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Total said it was seeking nondollar financing for a gas project in Russia as major energy companies indicated that Western sanctions on the Kremlin are affecting expansion plans.

Markets Tremble on New China Worries

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Fresh concerns about the pace of Chinese growth drove down financial markets from U.S. stocks to cotton and copper prices.

Tesco Probes Accounting Error

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Tesco has suspended four senior executives and called in outside auditors and legal counsel to investigate the overstatement of the U.K. supermarket operator's profit forecast.

Allergan Rejected Offer From Actavis

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Drug company Actavis recently made a bid for Allergan, but the Botox maker rejected the proposal and is closing in on its own takeover for Salix Pharmaceuticals.

BHP Coal Venture to Cut Jobs

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BHP Billiton and Mitsubishi will cut around 700 jobs from their joint Australian coal-mining operations, in a continued effort to cut costs as prices for the fuel stagnate near multiyear lows.

Chevron Considering Sale of Hawaii Refinery

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Chevron Corp. is considering the sale of its refinery in Hawaii and has hired an investment bank to look for buyers.

How DuPont Got Into the Hospitality Sector

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DuPont's hotel, theater and country club assets offer a glimpse at a faded era in American industry, when big companies invested in such operations as icons of corporate pride and to entice employees with the amenities of a major metropolitan center.

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