Mondelez Makes Takeover Bid for Hershey

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Mondelez made a bid to buy chocolate giant Hershey in what would be a blockbuster deal uniting two of the world’s best-known candy makers.

Brexit, the Pound and Stock Prices: A Volatile Mix

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Sterling is the swing factor for investors. It may yet fall further to help the U.K. economy to adjust.

Anti-Immigration Feelings Aren't Driven by Economic Anxiety

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Current anti-immigration rhetoric blames the foreign-born for job losses and low wages. But evidence for a link between economic circumstances and public acceptance of immigrants is weak, suggesting ways to counter populist opposition, Greg Ip writes.

Darden's Profit Climbs But Gives Downbeat View

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Darden Restaurants said its profit climbed 33% in the latest period as same-store sales rose, but the company gave a soft forecast for earnings in its new year.

Canon, Toshiba Chided by Regulators Over $6.5 Billion Deal

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Japanese regulators warned Canon that the way it acquired Toshiba’s medical-systems unit potentially violated the law, but said the deal can go ahead.

Lions Gate Agrees to Buy Starz in $4.4 Billion Deal

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Lions Gate agreed to acquire Starz in a cash-and-stock deal, valued at $4.4 billion, that combines the maker of “Hunger Games” movies with the operator of pay-TV networks.

U.K.'s EU Exit Poses Data-Protection Dilemma

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Brexit risks stripping companies of their ability to freely store information about EU residents on British soil, potentially creating a new barrier to trade in the region.

Britain Delays Airport Expansion Decision After Brexit Vote

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The U.K. government has again postponed a decision on how to address a looming airport capacity shortage for the country’s capital, with a verdict now pushed back at least another four months.

Microsoft CEO Signs Book Deal

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Microsoft CEO Satya Nadella has signed a deal to write his first book. “Hit Refresh” will focus, in part, on his journey leading Microsoft through the transition from troubled tech giant to industry thought leader.

EU Opens Probe Into Anheuser-Busch InBev's Trade in Belgian Beer Market

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The European Union opened a formal antitrust probe into Anheuser-Busch InBev’s practices on the Belgian beer market, citing concerns it may be hindering imports of its beer from less expensive markets in neighboring countries.

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