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Additional info for Bloomberg Businessweek (8-14 February 2016)
Foxconn sweetens its bid for Sharp. The Taiwanese electronics assembler is ofering slightly more than Innovation Network Corp. of Japan, a government-backed investment fund. Dominion Resources buys Questar. The Virginia-based company joins a crowd of electric utilities buying natural gas distributors. 3b Stryker acquires Sage Products. While Stryker specializes in surgery tools and replacement joints, Sage makes devices to clean and position patients. Lowe’s lands Rona. 8 billion bid. Rona has almost 500 stores and nine distribution centers.
6 billion fraud ⊲ “It was just a matter of time” before a big player blew up Almost overnight, Ding Ning and Zhang Min struck it rich with the hot new thing in Chinese inance. They took an old-line industrial company and in 18 months transformed it into an Internet site that directly linked borrowers to lenders. But authorities say it was all a lie—a vast Ponzi scheme that seems to have been orchestrated by the Bernie Madofs of China. The story is a tangled tale that stretches from China’s fertile heartland in Anhui province to the wartorn reaches of northern Myanmar to the palm-lined streets of Beverly Hills.
John says it’s been a hit with Atelier Cologne creates stories for each fragrance COURTESY ATELIER COLOGNE centers lagged during the recession, demand for lockers has outstripped supply. Occupancy rates and rents are at all-time highs, according to Chuck Gordon, chief executive at SpareFoot, a website that helps people comparison shop for the best deals. Those trends have been a boon to the newcomers, helping them stay competitive on price while they ofer better service than self-storage facilities.