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Glorious property shares halted pending privatization notice

  Bloomberg Shares in Chinese property developer Glorious Property Holdings Ltd. were suspended Monday in Hong Kong pending an announcement about a privatization bid by the company’s founder and controlling shareholder. Glorious Property requested a halt in trading at 9 a.m. local time ahead of an announcement “containing inside information in relation to a possible privatization by the controlling shareholder ...

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Food startup ran undercover project to buy own products

  Bloomberg In late 2014, fledgling entrepreneur Josh Tetrick persuaded investors to plow $90 million into his vegan food startup Hampton Creek Inc. Tetrick had impressed leading Silicon Valley venture capital firms by getting his eggless Just Mayo product into Walmart, Kroger, Safeway, and other top US supermarkets within about three years of starting his company. What Tetrick and his ...

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Online retail takes a ‘bite’ out of carriers

  Bloomberg Online retailers like Amazon.com have made it possible to get books, high heels, laptops and groceries delivered to your doorstep after work and even on Sundays. But carriers at the US Postal Service pay a price for such convenience: they’re getting bitten by dogs. Attacks on postal employees are on the rise — in 2015 alone, they jumped ...

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