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Updated: 1 min 23 sec ago

U.S. employers say CVS-Aetna deal would affect health-benefits decisions: survey

8 min 25 sec ago
NEW YORK (Reuters) - CVS Corp’s proposed purchase of Aetna Inc will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc found.
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Thai Bev's unit seeks to buy a near $5 billion stake in Sabeco

3 hours 45 min ago
Ho CHI MINH CITY/SINGAPORE (Reuters) - Vietnam's trade ministry said on Sunday that Vietnam Beverage Co Ltd, a unit of Thai Beverage , was the only investor seeking to buy all shares of Vietnamese brewer Sabeco on offer worth nearly $5 billion.
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Second bitcoin futures debut could lure volume to wild market

6 hours 31 min ago
NEW YORK (Reuters) - Bitcoin investors expect futures volumes to perk up when CME Group Inc, the world's largest derivatives exchange operator, launches its own contract to wager on the cryptocurrency on Sunday.
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Vietnam to name buyer of up to $5 billion stake in top brewer Sabeco

9 hours 21 min ago
Ho CHI MINH CITY/SINGAPORE (Reuters) - Vietnam is set to auction an up to $5 billion stake in top brewer Sabeco on Monday, with Thai Beverage the only potential bidder to have expressed interest in a majority stake.
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CSX CEO Harrison dies months into railroad's turnaround effort

Sat, 12/16/2017 - 20:06
NEW YORK (Reuters) - CSX Corp Chief Executive Hunter Harrison has died, the freight railway operator said on Saturday, just a few days after announcing that the veteran rail executive hired earlier this year to boost its profits had taken a medical leave of absence.
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U.S. renewable energy industry relieved as Republicans keep tax credits

Sat, 12/16/2017 - 18:45
WASHINGTON (Reuters) - The U.S. renewable energy industry expressed relief after a compromise Republican tax bill released late on Friday preserved key tax credits that had been at risk of being removed, but it raised concerns about a provision that may threaten investment in the sector.
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CSX CEO Harrison dies months into railway's turnaround effort

Sat, 12/16/2017 - 16:32
NEW YORK (Reuters) - CSX Corp Chief Executive Hunter Harrison has died, the freight railway operator said on Saturday, just a few days after announcing that the veteran rail executive hired earlier this year to boost its profits had taken a medical leave of absence.
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CSX CEO Harrison dies days after medical leave announced

Sat, 12/16/2017 - 15:44
NEW YORK (Reuters) - CSX Corp Chief Executive Hunter Harrison has died, the freight railway operator said on Saturday, just a few days after announcing that he was taking a medical leave of absence.
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U.S. labor board adopts business-friendly 'micro union' test

Sat, 12/16/2017 - 15:20
(Reuters) - A U.S. labor agency on Friday made it tougher for workers to form so-called micro unions made up of small groups of a company's employees, reversing an Obama-era decision that had been sharply criticized by companies.
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U.S. renewable fuel industry relieved as Republicans keep tax credits

Sat, 12/16/2017 - 15:05
WASHINGTON (Reuters) - The U.S. renewable energy industry expressed relief after a compromise Republican tax bill released late on Friday preserved key tax credits that had been at risk of being removed, but it raised concerns about a provision that may threaten investment in the sector.
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Brazilian prosecutors ask state bank Caixa to remove vice presidents

Sat, 12/16/2017 - 13:58
BRASILIA (Reuters) - Brazilian prosecutors have asked that all the vice presidents of Caixa Economica Federal be replaced for what officials suspect are "irregularities" at the state bank, according to a document made public late on Friday.
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Metlife says it failed to pay some pensions, flags hit to reserves

Sat, 12/16/2017 - 09:36
NEW YORK (Reuters) - Metlife Inc failed to pay pensions to potentially tens of thousands of people and will have to strengthen its reserves because of the costs of finding and repaying them, the New York insurer said. Metlife said in a filing on Friday that it believed the group missing out on the payments represented less than 5 percent of about 600,000 people who receive benefits from the company via its retirement business. Those affected generally have average benefits of le
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U.S. Justice Department, AT&T settlement talks failed: court filing

Sat, 12/16/2017 - 05:41
WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc have held unsuccessful settlement talks over the wireless and pay-TV company's bid to buy movie and TV show maker Time Warner Inc , the two sides said in a court filing on Friday.
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P&G appoints Peltz to board despite losing proxy battle

Sat, 12/16/2017 - 05:38
(Reuters) - Procter & Gamble Co said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight, the biggest ever involving a U.S. company.
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Uber should have given court an ex-employee's letter about 'fraud and theft' in Waymo case

Fri, 12/15/2017 - 21:34
SAN FRANCISCO (Reuters) - Ride hailing company Uber was obligated to turn over to a U.S. federal judge a letter from a former employee that told of the company's "fraud and theft" and mentioned evidence of stolen trade secrets nailed "like a scalp" to the wall, a court official said Friday.
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Healthcare draws election-year worry, but 2016 repeat not seen

Fri, 12/15/2017 - 20:50
NEW YORK (Reuters) - With another election year looming, investors in the healthcare sector are wary the coming months could reopen wounds suffered during the 2016 U.S. presidential race.
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Unilever to sell spreads business to KKR for $8 billion

Fri, 12/15/2017 - 19:49
(Reuters) - Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products.
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Hamburger chain Wendy's to reduce antibiotic use in beef supply

Fri, 12/15/2017 - 18:47
CHICAGO (Reuters) - Hamburger chain Wendy's Co laid out plans on Friday to trim the use of antibiotics that are important to human medicine from its beef supply, the latest step by a food company to fight concerns about resistance to the drugs in people.
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Wall Street closes at records with tax overhaul in sight

Fri, 12/15/2017 - 18:34
NEW YORK (Reuters) - Wall Street's three major indexes climbed to record closing highs on Friday with broad-based gains as a long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass.
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Leading U.S. antitrust senator urges hearing on Disney, Fox deal

Fri, 12/15/2017 - 17:45
WASHINGTON (Reuters) - Senator Amy Klobuchar, the top Democrat on the Senate antitrust panel, urged the subcommittee on Friday to hold a hearing on Walt Disney Co's plan to buy a number of Twenty-First Century Fox Inc businesses.
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