Reckitt finalizes deal to buy Mead Johnson for $16.6 billion
Opinion: A bad company buying a company is never a good thing for the over all economy. Corporate mergers continue to devastate the world economy. [no link]
Fifty Shades Darker gets a lot of bad reviews. To whether that in itself is hurting it at the box office or movie goers themselves are choosing other movies to watch instead is hard to say. Is erotica now a lot less fashionable than it was if it bills itself as such or readers/viewers suggest it as such? Sexy probably still sells but mainly if it bills itself or is recognized as some other genre than erotica. [no link]
Zynga, provider of social game services, continues to struggle. The company’s net loss narrowed to $35.4 million, or 4 cents per share, from $51.2 million, or 6 cents per share, a year earlier. [no link]
General Motors sales in China fell 24% as the Chinese Government gave incentives to people to buy smaller, more fuel efficient cars. Still, sales of GM’s Cadillac shined China. GM has a factory in Shanghai that builds 7 different models of the Cadillac on the same assembly line. [no link]