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Business News
Private equity fund buying Cincinnati-based Frisch's
CINCINNATI (AP) -- Frisch's Big Boy restaurants are being sold to a private equity fund, the company announced Friday, ending family ownership of the Cincinnati-based chain that dates to a 1939 drive-thru....
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Expedia sells stake in Chinese travel service
NEW YORK (AP) -- Expedia is selling its majority stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million....
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Vanguard Natural Resources to acquire Eagle Rock Energy
HOUSTON (AP) -- Vanguard Natural Resources LLC will acquire Eagle Rock Energy Partners LP in a $474 million deal....
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Wal-Mart presses meat suppliers on antibiotics, treatment
NEW YORK (AP) -- Wal-Mart, the nation's largest food retailer, is urging its thousands of U.S. suppliers to curb the use of antibiotics in farm animals and improve treatment of them....
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US stocks mostly fall on lower oil prices, inflation report
NEW YORK (AP) -- U.S. stocks slipped in early trading Friday as energy companies fell along with the price of oil. Investors were weighing the latest batch of corporate earnings results and a government report that suggested a slight increase in inflation. Investors are looking ahead to a speech later in the day by Federal Reserve Chair Janet Yellen....
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