Oreo cookie maker Mondelez abandons bid for Hershey

Shares of Mondelez, the maker of Oreo cookies and Cadbury chocolates, rose nearly 4 percent in extended trading on Monday, while Hershey's shares plunged about 12 percent. In July, Hershey rejected a $23 billion cash-and-stock offer by Mondelez. “Following additional discussions, and taking into account recent shareholder developments at Hershey, we determined that there is no actionable path forward toward an agreement,” Mondelez Chief Executive Irene Rosenfeld said on Monday.

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Oreo cookie maker Mondelez abandons bid for Hershey

Wall St. gains as data points to budding economy

Financial and commodity-sector stocks led the S&P 500 higher in a low-volume session on Monday after consumer spending rose for a fourth straight month, pointing to a pick-up in U.S. economic growth. After Fed Chair Janet Yellen said the case for a rate hike before the end of the year was strengthening, Vice Chair Stanley Fischer seemed to indicate not only the possibility of a tightening move in September but a second one in December. “Utilities are up on a bounce,” said Art Hogan, chief market strategist at Wunderlich Securities in New York.

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Wall St. gains as data points to budding economy

U.S. moves toward anti-dumping duties on truck and bus tires from China

The U.S. Commerce Department said on Monday truck and bus tires from China were being dumped in the United States at below-market prices, a potential step toward the imposition of duties. In a related preliminary finding in June, it said China was also unfairly subsidizing the products. Any duties would be contingent on a final determination by the U.S. International Trade Commission that the domestic industry was being harmed.

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U.S. moves toward anti-dumping duties on truck and bus tires from China

Southwest Airlines, pilots agree in principle on new contract

(Reuters) – Southwest Airlines Co and its pilots have agreed in principle on a new contract, the U.S. budget carrier's pilot union said on Monday.

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Southwest Airlines, pilots agree in principle on new contract

Boeing keeps jetliner prices steady amid slowing sales

Boeing Co , which has been dealing with a sharp slowdown in sales of new planes, said on Monday that it would refrain from increasing jetliner prices for the coming year, the first time it has held prices steady since 2009. “Boeing will continue to quote July 2015 base prices in 2016,” company spokesman Doug Alder said in an email to Reuters. Airlines typically negotiate steep discounts from the list prices that Boeing and rival Airbus quote publicly, leaving the list prices as largely symbolic.

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Boeing keeps jetliner prices steady amid slowing sales

White House says it sees a path to approval of Pacific trade deal

The White House said on Monday it could still win congressional approval of the Trans-Pacific Partnership trade pact before President Barack Obama leaves office, and warned that failing to do so would undermine U.S. leadership in the region. “The president is going to make a strong case that we have made progress and there is a path for us to get this done before the president leaves office,” White House spokesman Josh Earnest told a news briefing ahead of Obama's trip to Asia this week. Obama has made the 12-nation free trade deal the centerpiece of a diplomatic “pivot” to Asia, but the prospects for congressional approval have looked increasingly dim, with both major presidential candidates – Democrat Hillary Clinton and Republican Donald Trump – standing opposed.

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White House says it sees a path to approval of Pacific trade deal

Solid U.S. consumer spending boosts prospect of Fed rate hike

U.S. consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could pave the way for the Federal Reserve to raise interest rates this year. Monday's report from the Commerce Department came several days after Fed Chair Janet Yellen said the case for raising rates had strengthened in recent months. The Commerce Department said that consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.3 percent last month after a 0.5 percent gain in June.

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Solid U.S. consumer spending boosts prospect of Fed rate hike

How to set up quick and easy file sharing with Samba

If you want to use a Linux desktop or server to share files, see how simple it can be with the help of Samba.

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How to set up quick and easy file sharing with Samba

Ransomware: The smart person’s guide

This guide covers the history of ransomware, the systems being targeted in ransomware attacks, and what you can do to avoid paying a ransom in the event of an attack.

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Ransomware: The smart person’s guide

Fed could use reserves payments to stimulate U.S. economy: paper

The Federal Reserve could push banks to lend more by paying Wall Street smaller returns on money stashed at the U.S. central bank when inflation is low, according to an academic paper presented on Saturday. The proposal was one of several discussed at an international gathering of central bankers who are looking for ways to stimulate economies even after they have cut interest rates to near zero and flooded banks with money. In his paper, economist Ricardo Reis put forward a new way for the Fed to pay banks returns on the money they keep at the central bank, a tool that could potentially put the Fed's goal of keeping inflation at 2 percent on autopilot.

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Fed could use reserves payments to stimulate U.S. economy: paper