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Business News
Kraft Heinz withdraws $143B bid to buy Unilever
NEW YORK (AP) -- Ketchup maker and packaged food giant Kraft Heinz has withdrawn a $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low....
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UAE seals deal with China's CNPC for onshore oil project
DUBAI, United Arab Emirates (AP) -- The United Arab Emirates' main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake in a major onshore oil project....
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The fiduciary rule and you
President Donald Trump's administration is working to dismantle a complex set of financial rules including the "fiduciary rule," which requires certain financial professionals to act in their clients' best interests when providing retirement advice....
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Citigroup CEO Corbat takes home $15.5 million for 2016
NEW YORK (AP) -- Citigroup's board of directors is awarding CEO Michael Corbat a pay package worth $15.5 million for 2016, down from $16.5 million in 2015....
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