Petrobras Gets $3.5 Billion in Financing From China Development Bank

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Brazil’s state-run Petroleo Brasileiro SA said it signed a $3.5 billion financing deal with the China Development Bank, highlighting the oil giant’s deteriorating financial condition in the wake of a vast corruption scandal as well as China’s growing ties to Latin America.

Net Neutrality Rules Sent to Federal Register

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The FCC sent its net neutrality rules to the Federal Register, bringing the new Internet regulations closer to reality and to expected legal challenges.

Starz Offers Middle East Streaming Service

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Starz this week will make its first international foray with the launch of a subscription streaming video service in the Middle East called Starz Play Arabia.

Sears Seeks $2.5 Billion in Property Sales

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Sears moved to sell some of its top properties and then lease them back, a step that will let shareholders like CEO Edward Lampert buy valuable company assets to raise much needed cash.

Religious Freedom Debate Draws Out Companies

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American corporations typically shun social controversies. But on one gripping the nation this week—state laws ostensibly aimed at supporting religious freedom but seen by many as antigay—several have stepped forward to make their opposition clear.

New Bids Surface for Revel Casino Hotel

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At least two new offers to buy the Revel Casino Hotel have surfaced, challenging Florida developer Glenn Straub’s bid to buy the shuttered Atlantic City, N.J., resort for $82 million.

Sequential Brands to Buy Majority Stake in Jessica Simpson Brand

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Sequential Brands Group is buying a majority stake in Jessica Simpson’s brand in a a deal could be announced as soon as Thursday.

Micron Net Rises, Helped by Lower Taxes

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Micron’s earnings rose 28% as the memory-chip maker received a boost from tax benefits and modest sales growth during the quarter ended in March.

China's Huayi Bros. to Co-Finance Movies From New Studio

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China’s Huayi Bros. Media Corp. will spend several hundred million dollars to co-finance movies from a new studio over the next three years, the latest sign of an accelerating pace to China-Hollywood deals.

Leonard Green in Talks to Take Stake in Bass Pro Shops

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Private-equity firm Leonard Green & Partners is in advanced talks to take a minority stake in outdoor-recreation gear retailer Bass Pro Shops, according to people familiar with the matter.

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