Owners of Neiman Marcus sell chain for $6 billion

NEW YORK — Ares Management and a Canadian Pension said on Monday that they are buying the luxury chain Neiman Marcus for $6 billion. The deal, which is expected to be finalized in the fourth quarter, would end control of the luxury retailer by private...

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Bill Gates, 5 scientists win Lasker medical prizes

NEW YORK — Two scientists who illuminated how brain cells communicate, three researchers who developed implants that let deaf people hear and philanthropists Bill and Melinda Gates have won prestigious Lasker Awards for medical research and contributions...

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Mass. gas prices up by a penny

BOSTON — The cost of a gallon of gas in Massachusetts inched up a penny in the past week, and is now 9 cents above the national average. AAA Southern New England reports Monday that self-serve, regular rose to an average of $3.66 per gallon, compared...

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Icahn ends takeover battle for PC maker Dell

Billionaire investor Carl Icahn is giving up his bitter takeover fight for Dell Inc. a few days before shareholders are scheduled to consider the latest buyout offer from the struggling computer maker's founder Michael Dell. Icahn said Monday in a letter...

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Romanian PM: No support for gold mine

BUCHAREST, Romania — Romania's prime minister predicted Monday that Parliament will not approve a proposed Canadian gold mine that has led to large protests over the cyanide that would be used in its extraction process. Victor Ponta said he would look...

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Thai Airways skids off runway; 14 passengers hurt

BANGKOK — A Thai Airways Airbus 330-300 skidded off the runway while landing at Bangkok's main airport after its landing gear malfunctioned, the airline said Monday. Fourteen people were injured while evacuating the plane, it said. It was the second...

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Shell to negotiate with Nigerians over oil spill

LAGOS, Nigeria — Shell officials on Monday began talks in Nigeria's southern city of Port Harcourt with representatives for the Bodo community on compensation and cleanup five years after one of the worst oil spills in Nigeria's history. Some experts...

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Koch Industries buying Molex for $7.2B

LISLE, Ill. — Koch Industries Inc. is buying electronic components and cables maker Molex for $7.2 billion. Koch — run by the billionaire brothers Charles and David — said Monday that it will pay $38.50 per Molex Inc. share. That's a 31 percent premium...

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Oil falls below $110 after hitting 2-year high

The price of oil fell below $110 a barrel Monday, slipping from a two-year high as the prospects of a U.S. attack against Syria remained unclear. By late morning, benchmark oil for October delivery was down 85 cents to $109.68 a barrel on the New York...

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Zappos.com moving into old Las Vegas city hall

LAS VEGAS — A first wave of online shoe retailer Zappos.com workers is stepping into the company's new downtown Las Vegas corporate headquarters. About 200 employees will see the results Monday of a $40 million makeover at the renovated former Las Vegas...

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