Revamped Bubble Wrap Loses Its Pop

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Sealed Air, the original seller of Bubble Wrap since 1960, is rolling out a revamped version of its signature product with one key difference: The bubbles don’t burst when pressure is applied.

ACE to Buy Chubb for $28.3 Billion

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ACE agreed to buy fellow property-and-casualty insurer Chubb in a cash-and-stock deal valued at $28.3 billion, the largest-ever deal between two companies in the insurance industry.

Changing Consumer Tastes Continue to Weigh on General Mills

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General Mills reported weaker-than-expected revenue in its May quarter, as the food maker continues to struggle with changing consumer tastes.

U.S. Stock Prices Rise on Greece Hopes

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U.S. stock prices rose on Wednesday, as investors appeared reassured by signs that Greece and its creditors showed a willingness to negotiate.

Bill Gross Gets Co-Manager After Acquisition

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Janus Capital is spending at least $85 million to buy a majority interest in Kapstream Capital, and one of the Australian-American bond fund’s founders will join Bill Gross’s fund as a co-manager.

Oil Prices Hit Two-Month Low

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Oil prices skidded to their lowest level in two months Wednesday in a selloff spurred by a supply glut that just won’t quit.

Deere, Potash Face a Glutted Market

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Agricultural prices face a 10-year bear market, says the OECD. That is bad news for companies supplying tractors and fertilizer.

Fed's Looming Problem: Too Little Debt

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A dearth of Treasurys will limit the Federal Reserve’s ability to affect long-term interest rates.

Puerto Rico Utility Makes Payments to Bondholders

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The Puerto Rico Electric Power Authority paid all principal and interest due to bondholders, buying the troubled utility time as it works to reach a deal with creditors.

First Reserve's Funds Pitch South

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The private-equity firm’s two biggest buyout funds are in the red, a result of the steep drop in oil prices and ill-fated investments in energy companies.

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