KKR-backed Calsonic to buy Fiat Chrysler's Magneti Marelli unit for $7.1 billion

KKR-backed Calsonic to buy Fiat Chrysler's Magneti Marelli unit for $7.1 billion

TOKYO (Reuters) – Japanese car parts maker Calsonic Kansei, owned by U.S. private equity firm KKR, has agreed to buy Fiat Chrysler's high-tech parts-making unit Magneti Marelli unit for 6.2 billion euros ($7.1 billion), the companies said.
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A 14-year-long oil spill in the Gulf of Mexico verges on becoming one of the worst in US history

NEW ORLEANS – An oil spill that has been quietly leaking millions of barrels into the Gulf of Mexico has gone unplugged for so long that it now verges on becoming one of the worst offshore disasters in U.S.
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Report: Facebook looking to buy a major cybersecurity firm

Facebook Inc. is apparently looking to buy a “major” cybersecurity company, according to a report published over the weekend. The Information, quoting “four people familiar with the matter,” claimed that the social networking giant has already …
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'Why not give it a try? You never know': Mega Millions' $1.6 billion jackpot creates a frenzy

LOS ANGELES – Non-stop. Intense. Crazy. Those are a few of the words being used by convenience store workers to describe business over the past week – all because of the now record-breaking $1.6 billion Mega Millions jackpot, the biggest lottery …
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Man launches into racist rant on Ryanair plane — but keeps his seat

By Darran Simon, CNN. (CNN) – A European airline is being criticized after a passenger made racist remarks about another passenger that were caught on video.
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