AB InBev to buy SABMiller in $107 billion deal
AB InBev to acquire SABMiller for 107 billion dollars creating a global brewer. SABMiller will sell its 58 percent stake in Molson Coors for 12 billion to ease U.S. market concerns. Regulators in China and South Africa loom as potential hurdles.
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China
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South Africa
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Associated Press
McDonald's Mozzarella Sticks Set for Nationwide Rollout
McDonald's plans to add mozzarella sticks at restaurants nationwide next year after testing in several markets. The item will cost $1 for three and was announced by U S president Mike Andres at an investor presentation amid social media buzz. Data-center move aims to reassure European customers about U S surveillance, with Magdeburg and Frankfurt facilities to be built and data stored under German authorities.
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Macy s Drops Sharply as Retail Slump Weighs Markets
U S stocks eased after Macy s reported weaker third quarter results and cut full year profit. retail shares fell including Kohl s Nordstrom Urban Outfitters and PVH with forecasts dim. Oil prices slid as U S crude fell to 42 93 a barrel and Brent to 45 81.
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American Petroleum Institute
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Phil Flynn
Brent
London
Yik Yak Threats Spur Missouri Campus Arrest
Missouri police within hours arrested Hunter Park after a Yik Yak post threatened Black students and faculty at the University of Missouri. The 19 year old student at Missouri University of Science and Technology faces suspected terrorism charges as protests over racial concerns continue at the campus.
MENTIONED IN THIS ARTICLE
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Missouri
Yik Yak
Hilary McQuaide
Hunter Park
Missouri University of Science and Technology
Rolla
Columbia
Park
University of Missouri
Associated Press
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