A Sweet New Job for Comcast CFO

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Comcast is creating a $4.1 billion investment company in partnership with its chief financial officer, Michael J. Angelakis, to hunt for growth at home and abroad as the U.S. cable market matures.

Chinese Taxi-Hailing App's Valuation Soars to $8.75 Billion

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U.S. hedge funds are jumping aboard China’s dominant taxi-hailing app company, putting an $8.75 billion valuation on the Chinese startup.

Charter to Buy Bright House Networks

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Charter Communications agreed to buy Bright House Networks for $10.4 billion in cash and stock, the latest deal in a rapidly consolidating pay-television industry.

Kraft, Dietitian Group to End Program

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A program to put a dietitian group’s “Kids Eat Right” logo on Kraft Singles has reached an early expiration date after a petition by dietitians called for an end to the partnership.

RadioShack Rescue Deal Clears Bankruptcy Court

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RadioShack won court approval of a lender takeover that will send the retailing operation out of bankruptcy trimmed-down but still selling electronics.

Businesses Seek Out New African Frontiers

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Economic issues in South Africa and Nigeria have prompted companies to look for growth in smaller but promising African countries like Angola and Kenya.

Subscription Service Accused of Fraud

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Authorities in five states filed a lawsuit Tuesday against a magazine and newspaper subscription service they accuse of charging highly inflated prices for publications they weren’t authorized to sell.

Actavis CEO's 2014 Compensation Was $36.6 Million

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Actavis PLC said total compensation for Chief Executive Brent Saunders was valued at $36.6 million last year, including a base salary of $500,000 and $25.9 million of stock awards.

EU Seeks Information on Luxembourg's Tax Dealings With McDonald's

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European Union authorities are seeking information from Luxembourg over its tax dealings with McDonald’s, in the latest phase of a widening investigation.

Wendy's Backs Shareholder Move on Boards

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Wendy’s has agreed to support a proxy-access amendment allowing big shareholders to nominate candidates to the fast-food chain’s board, after similar moves by other major companies such as Citigroup in recent months.

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