Organizations aim to train immigrant entrepreneurs

PORTLAND, Ore. — After immigrating to Oregon from the Mexican state of Oaxaca more than two decades ago, Paula Asuncion worked on farms and in minimum wage jobs at fast-food restaurants — a widow struggling to feed six children, sharing cramped apartments...

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Lower bad loans shore up Unicredit in Q1

MILAN — Italy's largest bank, Unicredit, says lower bad loan provisions helped its net profit rise by 58 percent in the first quarter, in a further sign that the country's economy is stabilizing following years of crisis. The bank said Monday that its...

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Hillshire looks beyond meat with Birds Eye, Vlasic

NEW YORK — Hillshire Brands is pushing further outside the deli case with a deal to buy the maker of Birds Eye frozen vegetables, Duncan Hines cakes mixes and Hungry-Man frozen dinners. The Chicago-based company, which makes Hillshire Farm lunch meats,...

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Mass. gas prices down by 2 cents per gallon

BOSTON — Massachusetts drivers are getting a break at the pump, with the cost of a gallon of gas trickling down by 2 cents. AAA Southern New England reports Monday that self-serve regular dropped in the past week to an average of $3.66 per gallon. ...

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Allergan board turns down Valeant takeover offer

IRVINE, Calif. — Botox maker Allergan formally rejected on Monday a takeover bid from Valeant Pharmaceuticals, saying that the unsolicited offer worth nearly $46 billion undervalues the company and poses a significant risk to its growth prospects. Shortly...

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Pfizer underscores UK commitments in memo

LONDON — Pfizer Inc. has sought to allay concerns over its proposed $106 billion takeover offer of Anglo-Swedish pharmaceuticals firm AstraZeneca, insisting that its promises will be legally binding. In a memo Monday to two U.K. parliamentary committees...

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Godzilla proves even giant monsters need lawyers

He spews radioactive fire, razes cities and pummels creatures from Earth and beyond, but even Godzilla needs a good lawyer sometimes. After all, you don't survive 60 years in the movie business without taking some fights to court. For decades, attorneys...

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World markets weather latest Ukraine jitters

LONDON — Stock markets in China and Hong Kong were the best performers Monday after authorities promised financial reforms. Markets elsewhere were solid, particularly in the U.S., despite ongoing concerns over Ukraine. China's Shanghai Composite jumped...

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Stocks gain, pushing market to record levels

NEW YORK — Stocks rose on Monday, pushing U.S. market indexes to all-time highs, as investors bought some of the unloved stocks that have been slumping in recent weeks. Pinnacle Foods jumped after the company said it would be acquired by Hillshire Brands....

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Frozen food group goes on offense as sales lag

NEW YORK — Frozen food makers plan to launch their first national TV ad in defense of their products on Tuesday as the category fights to boost slipping sales. The ad will include the tag line "Frozen: How Fresh Stays Fresh" and is intended to address...

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