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Kobe Steel’s faulty waiting game

What’s Kobe Steel Ltd. waiting for? Executives at the Japanese metal manufacturer accused of falsifying safety data will decide whether to resign only after an independent investigation wraps up at year-end, according to a Reuters report on Monday, citing people familiar with the situation. Come on, now. If you have to ask, you probably already know the answer. And if ...

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Disney’s pursuit is over, but the Fox hunt may go on

Whoa, what’s in the water lately? Walt Disney Co. is said to have held talks to buy the majority of 21st Century Fox Inc. The negotiations are currently dead, but to give a sense of how big this partial acquisition could have been, Fox in its entirety has a market value of $50 billion. The size is probably less jarring ...

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Stocks slip, dollar declines following US vote; oil slides

Bloomberg Stocks fell with the dollar and Treasuries climbed as investors questioned the likelihood of Congress passing President Donald Trump’s fiscal agenda soon, particularly in light of a repudiation in Tuesday’s US elections. Oil slid for a second day. The S&P 500 Index and Dow Jones Industrial Average were lower, dragged down by financial firms. European shares slipped following disappointing ...

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