Int'l Paper's Latest Deal Reflects Demand for Diapers, Feminine Products
International Paper Co. agreed to buy Weyerhaeuser Co.’s pulp business for $2.2 billion, making a big bet on rising global demand for disposable diapers and feminine products. Mark Sutton, International Paper’s chief executive, said in an interview the company believes more consumers will be able to afford disposable diapers in the coming years in emerging markets, including in China, which recently ended its one-child policy for...>> view originalColorado Court Strikes Down Local Bans on Fracking
Photo A natural gas well in Longmont, Colo., where hydraulic fracturing had been banned. Colorado’s Supreme Court said state law pre-empted the local rule. Credit Luke Sharrett for The New York Times Colorado’s Supreme Court on Monday struck down local government prohibitions on hydraulic fracturing, or fracking, handing oil and gas companies a victory in a lengthy battle over energy production in the environmentally conscious state.In separate rulings, the court said a..>> view originalEinhorn's Greenlight Buys Yelp, Takes Wager on Natural Gas
David Einhorn’s Greenlight Capital built a stake in Yelp Inc., betting that the mobile app company can double its revenue by 2019, according to a quarterly letter to investors.“The stock has suffered due to missed expectations and anxiety about an upcoming negative documentary," the New York-based hedge fund wrote in the letter obtained by Bloomberg. Yelp shares, which had fallen 25 percent this year, jumped 5.2 percent in after-hours trading to $22.62 at 5:12 p.m. in New York after Bloomberg r..>> view originalUS stocks rise slightly in afternoon trade; Japan sinks
NEW YORK (AP) — U.S. stock indexes moved solidly higher Monday afternoon, recovering some of last week's steep declines. Recently battered technology stocks such as Amazon.com and Microsoft all posted gains, helping end a seven-day losing streak in the Nasdaq composite. The Dow Jones industrial average rose 117.52 points, or 0.7 percent, to 17,891.16. The Standard & Poor's 500 index added 16.13 points, or 0.8 percent, to 2,081.43 and the Nasdaq rose 42.24 points, or 0.9 percent, to 4,817.59. ..>> view original'Family' Group Says It's Now Sending Men Into Target's Women's Restrooms
A director for the American Family Association (AFA) says it's sending men into the women's restrooms at Target stores to test its barriers after the retail giant announced that its facilities will be transgender friendly. Sandy Rios, the director of government affairs for the AFA, revealed her group’s agenda in a radio interview Monday. Speaking on "Breitbart News Daily," Rios said the group's concerned that women and children could be victimized by men who enter female restrooms while falsely ..>> view original
Monday, May 2, 2016
Int'l Paper's Latest Deal Reflects Demand for Diapers, Feminine Products and other top stories.
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