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GrubHub and Seamless to merge
WASHINGTON - GrubHub Inc. and Seamless North America LLC, two of the biggest online services for food-delivery in the U.S., have entered into a definitive agreement to combine their companies to take on rivals in the growing market for online meal orders. The merger will create a combined company well positioned to drive more orders to restaurants, deliver a better experience for hungry ...
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Actavis buying Warner Chilcott in $8.5bn deal
WASHINGTON/ DUBLIN - Actavis Inc, the largest US generic drug maker by market value, is acquiring Dublin-based Warner Chilcott in a deal worth $8.5billion (5.6billion pounds) including $3billion net debt, to create the third-biggest specialty pharmaceutical company in the country. Under the deal, Actavis, which itself has been the subject of bid speculation, would be offering $5billion in ...
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Morgan Stanley to sell Indian private banking arm to StanChart
MUMBAI - The UK based Standard Chartered (StanChart) Monday announced plans to acquire the Indian private wealth management business of US multinational financial services firm Morgan Stanley for an undisclosed amount as part of plans to expand operations. The acquisition is subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's onshore private ...
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Ford adds production in North America to meet new car demand
F.N ) is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market ...
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Currencies Dollar pulls back as Bernanke prepares to talk QE
LOS ANGELES (MarketWatch) -- The U.S. dollar slipped Wednesday, trading down against major rivals as investors waited to hear Federal Reserve Chairman Ben Bernanke's view of the U.S. economy and what that may mean for the Fed's current easing ...
64.4°F Light Rain
Winds: Calm
Movie Review
Eaten Alive [DVD]
"Eaten Alive" is a bizarre, rarely seen Southern Gothic horror-comedy that has been released at various times under so many different titles (including "Death Trap," "Brutes and Savages," "Horror Hotel," and "Legend of the Bayou") that it's almost impossible to keep track of all of them. This was director Tobe Hooper's much-anticipated follow-up to his wildly successful independent film "The Texa ... ...
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UPDATE 1-US prosecutors consider using racketeering law against SAC-source
Wed May 22, 2013 12:11am EDT By Emily Flitter NEW YORK May 21 (Reuters) - U.S. prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Prosecutors may use the Racketeer Influenced and Corrupt Organizations Act, most commonly associated with ...
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JGBs turn negative on day after BOJ stands pat
TOKYO | Tue May 21, 2013 11:50pm EDT TOKYO May 22 (Reuters) - Japanese government bond prices erased earlier gains and fell on the day on Wednesday after the Bank of Japan refrained from taking any measures to stem a rout in the bond market in the past month and a half. The 10-year JGB futures dropped to as low as 141.60 , 0.29 point below their previous close, while the 10-year cash ...
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TREASURIES-Bonds supported after dovish Fed comments
TOKYO May 22 (Reuters) - U.S. Treasuries were firm in Asia on Wednesday after gains in the previous session as two voting members of the U.S. Federal Reserve struck a dovish tone on the economy, reducing expectations that the U.S. central bank is close to tapering its bond ...
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BOJ keeps policy on hold Kiuchi proposes looser price target timeframe
TOKYO (Reuters) - The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its 2 percent inflation target within two ...
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Merck signs $5 billion share buyback agreement with Goldman Sachs
(Reuters) - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly ...
Making the news
Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.
David Beckham
The world's best known footballer was speaking after formally announcing his retirement.
Hotel Review
Hyatt Regency New Orleans
Expectations were high for this top of the line Hyatt product in "The Big Easy". The taxi rolled up to ...
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Memphis Sun
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