Cheung Kong, Hutchison Whampoa Seek $7.1 Billion Loan

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Bankers have been asked to commit to the huge loan to finance Li Ka-shing’s spinoff of his real-estate assets from the two companies, people with knowledge of the deal said.

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.

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.

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.

Asia's Insurers Sing for Sales

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When insurance agents in Indonesia try to “evoke a new spirit,” it isn’t a religious matter. They are revving up to do battle for customers—in song.

Yuan Falls Sharply

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China’s yuan fell to its weakest level in seven months, pushed lower by the central bank as Beijing adds to measures aimed at spurring growth.

Game Over for Struggling Mattel CEO

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Mattel CEO Bryan Stockton abruptly resigned, as another disastrous holiday season showed his recent efforts to revive the creative culture at the world’s largest toy company didn’t do the trick.

GOP Leaders Open to Bigger Child-Care Credit

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House Speaker John Boehner and Senate Majority Leader Mitch McConnell have indicated they are open to one piece of President Barack Obama’s tax overhaul proposal: increasing tax breaks for child care.

States That Tax Social Security Benefits

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Minnesota is among 13 states that slap some kind of tax on Social Security income. Some of those states, among them Connecticut and Montana, have separate calculations and/or income limits to determine taxable benefits.

IRS Giveaway: Tax-Filing Software

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About 70% of all taxpayers are eligible for free federal income-tax-preparation and electronic-filing software through a program known as ‘Free File.’

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