All Business Is Good Business: June 2014

Monday, June 30, 2014

California Prosecutor Sues G.M. Over Sprawling Recall

A lawsuit filed by District Attorney Tony Rackauckas of Orange County charges General Motors with unfair business practices and deceptive marketing.

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DealBook: A Grieving Father Pulls a Thread That Unravels Illegal Bank Deals

A lengthy investigation of some of the world’s top banks, which started with a father from New Jersey, is coming to an end with a guilty plea from BNP Paribas.

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Briefing: Pending Home Sales Hit 8-Month High in May

Contracts to buy previously owned homes reached an eight-month high in May, the latest indication that housing was pulling out of a recent soft patch.

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Briefing: L’Oréal Settles With U.S. Over Skin Care Claims

The cosmetics maker has agreed to settle complaints that advertisements for some of its skin care products were deceptive, the Federal Trade Commission said on Monday.

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G.M. Victim Compensation: How the Plan Works

A program has been announced by Kenneth R. Feinberg to pay claims for those killed or injured because of an ignition flaw.

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Advertising: General Mills Is Serving Wheaties, the Breakfast of Champions, to Younger Consumers

In a new promotional effort, the brand is trying to tap into three affinities of younger consumers — working out, technology and nontraditional sports.

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South Stream Pipeline Project in Bulgaria Is Delayed

Work on a major pipeline beneath the Black Sea has stopped, as the European Union and the United States apply pressure on Bulgaria, where the gas conduit was to make landfall.

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DealBook: Propelled by a Series of Blockbuster Deals, Mergers Hit a 7-Year High

Nearly $1.77 trillion worth of deals was announced in the first six months of 2014, up nearly 73 percent from the same period last year and more than any year since 2007.

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